The number of those looking to take advantage of interest-free credit card offers is on the rise. The number of people making applications for credit cards with introductory deals has increased by almost 16% last month, compared with figures from 2007. believe that the increase in credit card applications is due to the number of people who still plan to spend big at Christmas and forget about their debt until next year – But be warned, you could be left with a very nasty debt hangover to start 2009 with!

Sean Gardner, director of the site, commented: “The spending habit hasn’t died yet and the price-cutting frenzy on the high street shows that there are plenty of bargains out there with big name stores offering massive reductions….The fear must be that people are having one last turn on the credit card merry-go-round before it comes grinding to a halt.”