A significant aspect of deciding to use the credit card for the larger sized purchases like the last minute holidays is the ability to spread the cost so it isn’t necessary to pay the full amount at once.

A family holiday is likely to cost hundreds to thousands of pounds and therefore it will certainly help to avoid having to pay a single lump sum for the holidays. In the process of looking at using the credit cards you will find there is a wide range of positive and negative aspects.

Here are some of the key points to consider when it comes to booking the expensive to cheap holidays:


There are several advantages of using the credit card for booking the holidays, including:

An ability to easily spread the cost of the holiday is a highly attractive feature of using the credit card. Instead of completely depleting the finances by opting to cover the cost for the break outright, you are able to easily spread the cost over a period of several months or more. This option makes it a lot more cost-effective for many planning the holidays.

A certain level of protection is provided on purchases make with a credit card. If you are unfortunate to experience an issue with the booked holiday and need to claim or recover the payment made you will certainly find that a credit card company is able to assist in these circumstances. A common issue is likely to relate to the holiday companies that go bust after the break has been booked and paid. Purchases on a credit card are likely to be covered up to the sum of £30,000.

A further quality of using the cards for the last minute holidays is the ability to benefit from a wide range of rewards and cash back options offered by the various different companies.


In addition to the wide-ranging positives, you are likely to notice a range of negative aspects:

A noticeable aspect of using the credit card and spreading the cost is that you will likely find there will be a certain level of interest to pay back over the period to clear the debt. If the total expense for the holiday isn’t paid off in the first period of receiving the statement the interest charges will start to be included in any future monthly repayments. Also, you might have to consider that some companies make a charge for processing the payment.