When it comes to holidays, many people end up spending far more than planned. However, choosing the financial products with the best benefits to suit individual needs could not only save holidaymakers hundreds of pounds, but could earn them an extra trip away too.
In fact, savvy Lloyds Bank Avios Rewards Credit Card Account and Lloyds Bank Premier Avios Rewards Credit Card Account holders could save up to £1,150 on travel and holiday spending this summer thanks to the accountsí unrivalled travel features:
ï No foreign exchange fees: for every £100 spent on the account abroad, holidaymakers will save in the region of £2.95 in typical foreign transaction fees; so if they spend £500 abroad, theyíll save £14.75.
ï A flight upgrade voucher : anyone spending £7,000 within a year on the Lloyds Bank Avios Rewards Credit Card Account or £5,000 with the Premier Avios Rewards Credit Card Account will receive an upgrade voucher to use on British Airways flights. A British Airways return Economy ticket from London Heathrow to New York in August would cost around £1,028 in total. With the same trip in Economy Plus, the ticket would cost £1,490, meaning that the upgrade voucher would save travellers £462 .
ï Companion ticket: Lloyds Bank Premier Avios Rewards Credit Card Account holders spending £12,000 annually on eligible purchases will qualify for a companion ticket. Using the New York fare of £1,028 for a return Economy ticket, the companion would pay just £362 to cover taxes, fees and carrier charges, saving a massive £666.
ï 0% on balance transfers and purchases at home and abroad: the Lloyds Bank Avios Reward Credit Card Account offers 0% on balance transfers and on purchases for thirteen months.
In addition to these travel benefits, Lloyds Bank Avios Rewards Credit Card Account holders will continue to collect Avios on eligible spend overseas at the same rate as they would at home: up to 1.25 Avios per £1 spent. This means spend of £7,200 could earn customers 9,000 Avios – enough for a return British Airways flight to destinations including Milan, Paris and Nice, plus £35 for Aviosí Reward Flight Saver. Reward Flight Saver offers outstanding value to Avios collectors, covering all taxes, fees and carrier charges for return British Airways flights to Europe for just £35pp.
Another trip away could come even sooner for new customers who will receive double Avios on spend at home and abroad using their American ExpressÆ credit card for six months from opening their account.