The consumer experts shared a money-saving hack for holidaymakers this summer
Martin Lewis founded MoneySavingExpert (stock photo)(Image: ITV)
MoneySavingExpert (MSE) has issued an alert for holidaymakers who still need to book their hotel or rental car. The consumer advice website, founded by journalist and broadcaster Martin Lewis, regularly shares tips for Brits.
In a recent social media post, the experts shared advice for people making travel bookings. Posting on X, MSE advised consumers to choose bookings that offer free cancellation if possible. The experts explained that travellers can use this tactic to get the best deal on their booking, as they can simply cancel and rebook if prices go down.
MSE wrote: “Top travel tip: Try to book a hotel or car hire with free cancellation. Why? Because if the price drops, you can simply cancel and rebook at this cheaper rate!” The post asked social media user to share their experiences in the comments.
The post asked: “Have you ever done this successfully? How much did you save?” In response, several MSE fans shared their own success stories.
For example, a commenter named Kathryn replied: “I’ve done this with a hotel. Got a much better grade room and saved about £50 on the price the original room would have cost! I usually try to do this now. I book the new room first though before cancelling the existing one… Just in case!”
Another social media user said: “I’ve done this for a hotel booking. Made a great saving on original booking price but found my room was at the furthest point away from the reception / dining areas. A good trade off in that situation.”
Someone else said they managed to find their £160 car hire reduced to just £80 using a similar tactic when they visited Portugal last year. Similarly, a commenter with another car story said they had booked their rental car three times, starting with an initial price of almost £300 and getting it down to £121, despite using the same rental company to book the same car.
They explained: “Pre-Christmas price over £300. 1st booking March £285. 2nd booking £185 early May. 3rd time mid-May £121.” Praising the method, the social media user added: “Refunded each time within four days. Result!”
Sharing another success story, a holidaymaker claimed to save £400 on a trip to New York. The comment read: “£400 saved on a trip to NYC. Free cancellation costs more but the flexibility makes it worth it.”