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3 ways holidaymakers bag the best deals
Savvy holidaymakers are taking the DIY approach to booking holidays in order to save money, even though many find the process stressful and frustrating at times, our research* has revealed. Three of the most popular ways holidaymakers are bagging the best deals are by shopping around online, using cashback websites and using voucher codes.
More than half of those we surveyed now book their holidays online, preferring to do the leg work themselves, rather than booking through a high street travel agent. Almost a third of holidaymakers spend at least a month planning their next holiday and a further 40% take up to two weeks. Booking your holiday yourself can be time consuming if you want to try to save as much money as possible and don’t want book the first holiday you see.
Savings vs. credit?
We all know that borrowing money to go on holiday isn’t ideal but sometimes it can be hard to put away enough to pay for a whole holiday in full out of your savings. Many people choose to spread the cost of a holiday over a number of months by using a 0% credit card. However, if you have a poor credit rating then you may find it hard to be accepted for a 0% card deal as lenders usually target these rates at those with a good credit history.
If you have a poor credit history but want to spread the cost of your holiday over a number of months then you could look at applying for a bad credit credit card or bad credit personal loan which is aimed at those with a pless than perfect rating– even if they do have higher APRs.
It’s important to think carefully before borrowing for anything – but particularly a holiday. Bear in mind that you could be paying for your week in the sun for many months and even a bargain break might look expensive when you factor in the interest you’ll pay. Be sure that you can afford the repayments and, if you do pay for your holiday on a credit card, make sure to set yourself a repayment plan so that you have a clear idea when you’ll have paid it off. You probably won’t want to be still making payments years down the line, so opting for just the minimum payment amount each month isn’t going to clear the balance within a reasonable timeframe.
If you can, why not start saving for next year’s break? Just putting away a little each month could really help and you might find you don’t need to rely on credit to fund your next holiday. You may also be able to get a great deal by booking early, as many tour operators offer early booking discounts, so this is something to bear in mind.
Use cashback and/or voucher codes to your advantage
If you are currently looking at booking a holiday online then you might want to explore cashback and voucher code websites.
If you use a free cashback website, such as Topcashback, you could get money back as you shop, simply by clicking on their link when you go to book your holiday. They have some cracking holiday deals running. For instance, today (16/07/15) they are offering:
4% cashback at Booking.com
Up to 12.12% cashback at Lastminute.com
Up to 7.07% cash back at Thomas Cook
£30.30 cashback at Jet2holidays.com
Alternatively, you might also want to check out voucher code websites to see if they have any deals you can take advantage off. Vouchercodes.co.uk have some great package holiday deals available at the moment. For instance, today (16/07/15) they are offering:
£100 off Selected Bookings Over £2,000 at Thomas Cook
£50 off 4 and 5 Star Holiday Bookings Over £800 at lowcostholidays
£30 off Holiday Bookings Over £600 at lastminute.com
£100 off Selected Holiday Bookings at easyJet Holidays
However you choose to go about booking your next holiday we hope you have an amazing time and come back feeling calm and de-stressed. If you have any booking tips you’d like to share with other holidaymakers please get in touch with us on Facebook or Twitter.