Hello PlayStation Nation! I hope you’re a fan of PlayStation Plus and free video games, because you may have just hit the mother lode. We’ve been working tirelessly with our friends at Capital One to put together a special PlayStation Card offer for our community, and I’m excited to finally share the details. For a limited time, new cardholders will get a 12 month subscription to PlayStation Plus AND a $50 PlayStation Network code after first purchase (and yes, before you ask, the 12 month PlayStation Plus subscription extends the membership further if you are already a Plus member).

As you might recall, last year we launched the PlayStation Card – a credit card designed specifically for our PlayStation community. With it cardholders get:

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

And now, on top of the points you can earn, new cardholders will receive a 12 month PlayStation Plus subscription and a $50 PSN Code after first PlayStation Card purchase. With PlayStation Plus, you get:

An Instant Game Collection, which grants you access to a library of blockbuster games like inFAMOUS 2, LittleBigPlanet 2, Borderlands, and many more.

Exclusive early access to select game betas and demos

1GB of cloud storage to save games online

Full game trials

Discounts on select PlayStation Store purchases

Automatic PS3 updates

And, once you receive the $50 PlayStation Network code with this offer, you can spend those fifty bucks however you please on the PlayStation Network!

When you combine the discounts you can take advantage of as a PlayStation Plus member, the $50 PSN code you can get to spend on the PlayStation Network, and the 10x points you earn from using your PlayStation Card in the PlayStation Store, you’re looking at some serious benefits.

This is the first time we’ve been able to put together such a special offer, and it’s our way of saying “thank you” for being such an awesome community!

Go here to apply and get more information about the PlayStation Card.