Open a new PlayStation credit card, get a free year of PlayStation Plus and $50 on PSN

A limited-time deal from Sony and Capital One offers a free one-year PlayStation Plus subscription and $50 of PlayStation Network credit — all you have to do is sign up for a Visa PlayStation Card.

If you're a PlayStation fan who's looking to open a new credit card account, you could do worse than taking advantage of this offer. You'll receive redeemable codes for the Plus subscription and the $50 PSN wallet credit once you make your first purchase with the PlayStation Card (in order to get those perks, you have to buy something within 90 days of opening the account). Current PlayStation Plus members will get an extra year on top of their existing subscription.

The PlayStation Card includes its own perks through the Sony Rewards points system:

10x points on all PlayStation Network purchases

3x points on all PlayStation and Sony purchases at Sony stores and Sony.com

3x points at quick service restaurants, movie theaters and on your mobile phone bill

1x points on all other purchases

Sony Rewards members can redeem the points for content such as PSN funds, PlayStation software and hardware, movies, music, and electronics. Do keep in mind, though, that it doesn't appear you can redeem the points for cash with which to pay your credit card bill.