Thomas Cook introduces zero deposits
Thomas Cook has launched a £0 deposit buy now pay later payment plan for customers booking holidays departing between November 1 2018 and the end of October, 2019.
The offer, available from March 1, will help customers budget and spread the cost of their holidays, said the operator.
There is no upfront payment and holidaymakers pay the balance off in monthly direct debit instalments.
Thomas Cook said the new service, which is available online and in store, was the first of its kind to be offered by a tour operator and follows on from the direct debit payment plan which it introduced in January 2016.
The announcement coincides with the launch of Thomas Cook’s summer 2019 holiday programme which goes on sale on Thursday. Buy now, pay later is available on holidays booked 14 weeks or more before departure.
Thomas Cook UK MD Chris Mottershead said: "We’re always looking for ways to make it easier for our customers to enjoy their well-earned break away.
"Our new zero deposit buy now pay later offer means that they can get the holiday in the diary now, and then spread the cost over the coming months. Our existing direct debit payment plan is very popular with families and we expect this new offer to appeal to them too."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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