Is their such a thing

Thehighlander_2

Hi All,

I was looking for a credit card specifically for using to pay for a holiday with and then pay off.

Do holiday companies do their own cards?

I remember their used to be a Thomas Cook one but now you cannot apply for them.

Thanks in advance

[Deleted User]

I don't know of a card that is specifically designed for that. For package holidays/cruises etc you can pay a deposit for a holiday and then pay in instalments - I expect some of those are interest free. Of course by doing this you are likely paying a premium for going through a travel agent as opposed to booking directly yourself.

Your best bet is simply a 0% interest credit card. Pay for the holiday in full on your card and then calculate how much you would have to pay each month to clear the balance by the end if the interest free period. This will protect you against the holiday companies going bust too.

grumbler

Holiday companies usually charge extra for CC payments. Why do you want to pay by a CC?

agrinnall

Or if you have any credit card already simply pay for £100 of the holiday on the card and the rest by some other means and you'll get S75 protection for the full amount of the holiday.

grumbler

In fact you can pay even much less than £100 and still get the protection.

InsideInsurance

Thehighlander wrote: »

Do holiday companies do their own cards?

Even if you did you would then be locked to that provider to get the benefit and I'd be surprised if one provider was always the cheapest.

There are some where it is the other way round however with a normal credit card provider but they have discount deals with certain travel providers. Certainly Natwest used to have a deal with Thomas Cook. American Express you are fee free with their Travel Services etc

agrinnall

grumbler wrote: »

In fact you can pay even much less than £100 and still get the protection.

Yes, of course, I obviously wasn't thinking straight when I posted - as long as the cost of the holiday is over £100 then anything paid on a CC makes the issuer jointly responsible.