Martin Lewis has issued some tips about holiday spending(Image: ITV)
Consumer expert Martin Lewis has shared some tips for your holiday spending while you are abroad. He shared the key advice during his BBC podcast.
During a question and answer edition of the podcast, a query came in from a mum whose 18-year-old son is heading off on a lads’ holiday. She asked what the best spending card would be for him to take along, or whether she should simply give him cash instead. She explained that she was reluctant to give him a credit card as she wasn’t confident he would use it responsibly. However, the accommodation where he was staying required a £300 credit card deposit.
Top recommendation
In response, Mr Lewis said his top recommendation for cards she could consider was Chase. He explained: “Technically you have to open a bank account to get it, but you don’t need to switch bank account.
State Pensioners to face major tax change
“The Chase bank account is available for anyone aged 18 or older. It’s openable via an app. So effectively you can open this up, you put money in it that you want to spend and it gives you the same near-perfect rate that the bank gets when you spend, because it doesn’t add a non-sterling exchange rate fee.
“So I think that’s a really simple option. It’s a debit card, it doesn’t have an overdraft facility. It doesn’t do a hard credit check, it just does an ID check and it doesn’t affect his credit-worthiness.”
Another card he recommended was the Revolut pre-payment card, where you load the card with the amount you wish to spend. Regarding the credit card deposit for accommodation, Mr Lewis said this is a common requirement, frequently being necessary when hiring a car abroad too.
He explained that if a deposit needs to be paid on a credit card, this could prove tricky for an 18 year old as they may not pass the credit check. Mr Lewis suggested that perhaps the mum could contact the company and pay the deposit on her son’s behalf.
Big danger
Mr Lewis issued an additional warning for young holidaymakers. He said: “One of the biggest dangers for finances and young people is drinking. The problem when we drink is we lose all our sense of control.
“So it’s very difficult what you advise young people. Do you tell them take cash out so you’ve only got the amount you can spend on that day. That keeps you to a budget.
“But then it does wrong, they haven’t got any money left and they can’t get back to where they need to go, which can be dangerous.
“Or do you have a card that has an unlimited spending facility on it. It’s quite a difficult one at that age. The best thing is to be sensible and not drink too much.”
Martin Lewis has advice for stretching your holiday money
Most holidaymakers assume using their normal bank card abroad is fine. But Martin Lewis says a simple switch to a specialist card could save you from paying an extra 2.75% to 3% on every single purchase – a hidden fee that quietly adds to your bill without you even noticing.
In a clip shared on This Morning’s official TikTok, the MoneySavingExpert founder explained how most high street banks add a “non-sterling exchange rate fee” when you spend abroad. Ignore it and a £100 purchase effectively costs you £103. Switch to one of the specialist cards he recommends, and you get the same near-perfect exchange rates the banks use – without the markup.
Martin started by explaining what happens when you spend on plastic overseas. “Your bank gets a near perfect exchange rate on the day – the same as what’s called the spot rate, the city market rates. When you spend on your card abroad though, normally the card company adds what’s called a non-Sterling exchange rate fee of between 2.75 or 3%,” he said. “So your hundred pounds worth of euros cost you £103.”
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The solution, he explained, is using specialist cards. “With the specialist cards, they don’t have that. So you get the same near perfect exchange rates that the banks or the card firms do.”
As for which cards to choose, Martin noted there are quite a lot available now. He judges them on the cashback they give you. The Barclaycard Rewards credit card is currently giving 0.25% cash back on spending in the UK and abroad. “So you get perfect exchange rate and cashback,” he said.
He added a crucial warning for anyone using a credit card: “Only do this if you’ll pay it off in full at the end of every month, or there is interest. That will credit score you to get it.”
For those who prefer a debit card or don’t want to undergo a hard credit check, Martin offered two alternatives. “The easiest one to get is the Chase card, which you can apply for without switching banks and only does a soft credit check, so it doesn’t mark your credit file, and virtually everybody can get it,” he said. It offers near-perfect exchange rates, no ATM withdrawal fees, and some cashback on UK spending.
Alternatively, for those willing to switch banks: “First Direct, if you’re willing to switch bank to it, will give you a near perfect exchange rate fee debit card and pay you £175 quid if you switch bank to it.”
A spokesperson for travel experts Lapland Famille said: “When spending abroad, choosing the right payment method makes a real difference. Specialist cards often work out far cheaper than standard bank cards. And if you’re ever asked to pay in pounds or the local currency, always choose the local currency – paying in cash locally is another good way to avoid hidden conversion fees.”
With no need to switch your main bank account for the easiest option, Martin’s advice shows that cutting the cost of spending abroad may be simpler than many travellers think – as long as you pick the right card before you go.
The nation’s financial advisor admitted there was a connection between the date he found himself writing his awards acceptance speech and the day his mum died when he was a young boy
22:36, 10 May 2026Updated 22:37, 10 May 2026
Martin Lewis got emotional while looking back on his childhood as he received a BAFTA special award(Image: Getty Images for BAFTA)
Martin Lewis has reflected on his childhood as a “broken, scared boy” who “barely left the house” as he picked up a BAFTA special award for his work in the TV industry.
The financial journalist and broadcaster, 54, was acknowledged for his dedication to helping the nation change the way it thinks about money, and had previously been hailed by Bafta as “the most trusted man on television”.
The Money Saving Expert gave an emotional speech after being presented with the prize by Richard Osman, during the award show at Royal Festival Hall on Sunday night.
The Manchester-born broadcaster opened his speech by joking that his Martin Lewis Money Show on ITV, which he has hosted since 2012, is “basically a powerpoint presentation with a Q&A after”.
He added: “TV doesn’t have to be format-driven. People will embrace something actionable, something real, something that helps. They will even embrace complexity, if we make it worth it.”
Growing visibly emotional, Lewis admitted he wrote the speech on Thursday, 42 years after his mother’s sudden death days before his 12th birthday.
He said: “For six years, barring school, I barely left the house. Now I’m picking up a BAFTA. For all those of you out there struggling with your own demons, know this: life can be transformed, it can get better.
“If you had told that broken, scared boy that I’d proudly be a campaigning journalist, his jaw would have dropped. So I dedicate this to consumer journalism, where I found my fire.”
Lewis continued: “It’s not seen as sexy, sadly, but in recent years, it’s helped people navigate pandemic support, pushed governments to backtrack on energy hikes, legislate against scam ads – though far more is needed on that – and against aggressive, destructive council tax debt collection and far more.”
He also issued a plea to Rachel Reeves, criticising the “morally wrong” freezing of the repayment threshold for plan 2 student loans, which is due next year, saying: “Chancellor, please.”
He continued: “That power to hold power to account with trust and impartiality is needed more than ever in our fractured world.”
Lewis wrapped up the speech by thanking his viewers, who “don’t just watch, but act and save a shedload” and that his audience is “what keeps me doing this”.
He also thanked his wife of almost 20 years, Lara Lewington, and their daughter Sapphire. Through his decades-long career as a financial expert, Lewis has become known as a consumer champion who provides tips on issues such as debt and consumer rights through his broadcasting work and his website.
He was made an MBE in the Queen’s Birthday Honours in 2014 and a CBE in the New Year Honours in 2022, for his services to consumer rights and charitable services.
The BAFTA special award is one of the academy’s highest honours and previous recipients include historian and broadcaster David Olusoga, comedian Sir Lenny Henry, TV presenter Cilla Black and actor Idris Elba.
A Jet2 survey has shown a shift in how people are booking their holidays amid concerns over jet fuel supplies
13:30, 09 May 2026Updated 13:30, 09 May 2026
Jet2 said passengers concerned about cancellations are booking their trips differently(Image: Getty)
Jet2 has revealed that passengers are making a major change to how they book holidays amid concern over major jet fuel problems this year due to teh Middle East Crisis. As the Middle East crisis deepens, mounting concerns suggest Britain could face a jet fuel shortage that may disrupt holiday flights.
Goldman Sachs has cautioned that Britain is the country “most exposed” to jet fuel shortages triggered by the Iran conflict, stoking fears of further flight cancellations and ruined summer getaways. Analysts at one of the world’s largest investment banks warned that the UK is heavily dependent on imports routed through the closed Strait of Hormuz, with “critically low levels” of supplies and inadequate refining capabilities.
And personal finance expert Martin Lewis has spoken out about the issue – highlighting people who book their flights and hotels separately might not get compensation if flights are cancelled. Jet2 said package holidays are now the top choice for travellers, with 51% opting for this booking method – a 5% rise since February. During the same timeframe, those preferring to book through separate providers has fallen by six percentage points to 20%, while ‘accommodation only’ bookings have plummeted to just 2%.
Jet2 said the results showed main attractions of package holidays have remained consistent, with value (36%) and convenience (36%) leading the way. However, the appeal of ‘added security with one provider, ATOL/ABTA protection’ has climbed by four percentage points since February to reach 26%, according to the survey.
This protection ensures customers are safeguarded against any alterations to their bookings, including the possibility of refunds should travel plans be scrapped, while guaranteeing holidays meet the highest standards for customer service, booking amendments, and health and safety.
Jet2 has pledged not to impose surcharges on any confirmed flights or holidays to offset rising costs, such as jet fuel, giving customers peace of mind that the price they book is the final price they’ll pay.
Steve Heapy, CEO of Jet2, commented: “Consumers want assurance during times of uncertainty and package holidays provide that assurance. On top of all the protection that our package holidays guarantee, Jet2 is well known as being a consumer champion that goes above and beyond to look after customers. Ahead of a busy summer season, this means new and existing customers know that their well-deserved holidays are in the very best hands with us, and we are very excited about welcoming everyone onboard and taking them on their breaks.”
As millions of Jet2 customers gear up for a bustling summer season, the firm has confirmed it intends to run its scheduled services as planned.
Martin Lewis gave a warning for anyone who has already booked their holiday for this summer. In an update the personal finance guru gave an alert to people who have already paid for breaks from the main holiday firms and airlines like TUI, Jet2, Ryanair, Wizz, easyJet and British Airways.
During his Money Show Live on ITV, the financial expert responded to an audience member who asked: ‘If my flight’s cancelled due to no jet fuel will you definitely receive all your money back even for your hotel booking as well.’
Mr Lewis made clear that travellers would lose their hotel booking costs if they had arranged accommodation independently from flights booked with airlines such as Jet2, TUI, Wizz, Ryanair or easyJet – as they would not be protected under consumer regulations.
He stated: “No. And I think this is what people need to be very aware of. If you booked a package holiday where you booked everything in one, then under the package holiday regulations and rules and protections generally if your flight went you would get everything back.”
He went on to say: “And so actually at the moment package holidays give you a certain level of extra security that you wouldn’t get if you did a DIY booking where you bought your hotel and flight separately.” The reason behind this, he explained, is that the hotel booking itself remains valid: “Because the point is if you lose your flight and you’ve DIY booked, there’s nothing wrong with your hotel.
“The issue is you can’t get there. Your hotel is still there. It’s not faulty. It’s not cancelling. So, you don’t have those consumer rights.” If the hotel hasn’t done anything wrong, then guests might look at how they’ve made their booking – but that route offers no solution either.
He said: “So, you would then say, ‘What about using a credit card or debit card protection?’ It won’t work because there’s nothing faulty. And that’s just giving you the same replica rights that you would have with the retailer.”
Meanwhile, holiday giant TUI has issued a direct message to those with May bookings. TUI Managing Director Neil Swanson in a message on Facebook, pledged that May half-term flights would proceed as scheduled: “We know you may be feeling a little uneasy after recent headlines, and we want to reassure anyone travelling over May half term that they can look forward to their holiday with confidence with TUI. We have good visibility on fuel supplies and are operating our holiday programme as planned, with no flights being cancelled due to fuel shortages.
“Our careful planning across fuel, flying and hotel capacity means we’re able to continue offering great value and stable prices – with no fuel surcharges added by TUI. The price you see is the price you pay, and all TUI package holidays are ABTA & ATOL protected, giving peace of mind from booking right through to returning home.”
On TUI’s Facebook page, holidaymakers reported seeing significant price hikes. Marie said: “We booked our August holiday nearly 18 months ago and paid 5.2K. Just checked it to book now and it’s 6.7K. Glad we booked so far in advance. Already booked August 2027 holiday for same price as we paid this year.”
Lynn replied: “Marie Tomes we’re the exact same. Been going to the same hotel for 7yrs. They renegotiated the contract last year. For us to book for next year its going to be nearly 1k each more for our 2weeks. We’re going to make the most of this year as our last visit.”
One concerned traveller, Rno, raised worries about upcoming summer trips: “What about those who have already booked a hotel and flight for the entire month of August? I have a booking for my family and I’m worried Note that the plane is a TUI and the flight is to Egypt.”
TUI responded: “Hi there. We’re monitoring the situation closely. Right now, we don’t expect any disruption to flights or holidays, but we’ll keep this under review and contact customers directly if anything changes that affects their booking. “
Meanwhile, Jet2 revealed it too is witnessing a notable shift in booking behaviour amongst travellers. Experts such as Martin Lewis have urged travellers to book holidays as a package deal, warning that purchasing flights and accommodation separately could leave them without full compensation should anything go awry.
The Money Saving Expert founder reminded people of this ‘most important’ thing to do when booking a holiday
Martin Lewis reminded people of this ‘rule’(Image: ITV)
As the peak travel season draws near, Martin Lewis has reminded holidaymakers of his ‘golden’ travel rule, which he urges everybody to follow. He set out exactly why it matters during a recent special edition of the Money Show Live on Tuesday, April 28.
Martin said that his “most important” tip is to take out travel insurance “as soon as you book” – a principle he shortens to four letters: ‘ASAB’. Outlining his rule, Martin said: “If you’re booking a single-trip policy, then you get the insurance as soon as you book to cover a specific future date.
“You pay for that and, once you’ve paid for it, you have the travel insurance. If anything happens from that point onwards, you’re covered, no problem.”
Rather than waiting for something to go wrong, travellers should look at securing insurance the moment they book their holiday, safeguarding themselves should any problems arise in the lead-up to their travels. The level of cover on offer will vary depending on the type of policy chosen.
Martin’s reason for getting protected straight away – even if your trip is several weeks or more than a year down the line – is that cover kicks in immediately, reports the Express. He said: “The reason you do that is that half of the coverage you’re paying for is in case something happens that stops you from going before the trip.
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“If you don’t have travel insurance, you’ve got no cover. So you might as well have it in place. At this time of year, when many people have already booked, I have a slight adaptation. If you’ve booked and you don’t have it yet, just get it now.”
Fellow ITV presenter Jeanette Kwakye shared that a viewer got in touch to say how they managed to avoid a £5,000 rescheduling fee thanks to having travel insurance in place. The viewer told Martin: “I booked flights to Australia for a family group of seven to travel in March next year.
“I took out insurance immediately. One of our group members is now pregnant and can’t travel on the dates planned. It cost £5,000 to reschedule, which I’m happy to report the insurance has covered.”
The money expert was asked by an audience member: “If my flight’s cancelled due to no jet fuel will you definitely receive all your money back, even for your hotel booking as well.”
Martin confirmed that travellers would lose their hotel booking money if it had been booked separately from their flights, as they would not be protected under consumer rules. He said: “No. And I think this is what people need to be very aware of.
“If you booked a package holiday where you booked everything in one, then under the package holiday regulations and rules and protections generally, if your flight went, you would get everything back. At the moment, package holidays give you a certain level of extra security that you wouldn’t get if you did a DIY booking where you bought your hotel and flight separately.”
In other travel news, airline passengers have been told there are two days that are often “cheapest to book a flight”. This will naturally depend on factors such as your destination, your chosen airline, and where you book – full details here.
Money expert on his ITV show said ‘there is a big risk in those circumstances’
11:08, 30 Apr 2026Updated 12:40, 30 Apr 2026
Martin Lewis has explained what people need to do if they’re booking for this summer(Image: ITV)
Martin Lewis has warned anyone booking their summer holiday that they won’t get their money back if their flight is cancelled and they’re unable to reach their hotel – provided they’ve booked in a particular way. During his Money Show Live on ITV last night, the financial expert was questioned by an audience member: ‘If my flight’s cancelled due to no jet fuel will you definitely receive all your money back even for your hotel booking as well.’
Mr Lewis clarified that travellers would forfeit their hotel booking fees if they’ve arranged it separately from their flights booked with operators like Jet2, TUI, Wizz, Ryanair, easyJet – as they won’t be protected by consumer regulations. He said: “No. And I think this is what people need to be very aware of. If you booked a package holiday where you booked everything in one, then under the package holiday regulations and rules and protections generally if your flight went you would get everything back.
“And so actually at the moment package holidays give you a certain level of extra security that you wouldn’t get if you did a DIY booking where you bought your hotel and flight separately.”
This is because there’s nothing amiss with the hotel reservation itself, he explained: “Because the point is if you lose your flight and you’ve DIY booked, there’s nothing wrong with your hotel. The issue is you can’t get there. Your hotel is still there. It’s not faulty. It’s not cancelling. So, you don’t have those consumer rights.”
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If the hotel hasn’t done anything wrong, then travellers might look at how they’ve arranged their booking – but there’s little relief to be found there. He said: “So, you would then say, ‘What about using a credit card or debit card protection?’ It won’t work because there’s nothing faulty. And that’s just giving you the same replica rights that you would have with the retailer.”
Finally, people may turn to their travel insurance. Mr Lewis explained: “So, you then say, ‘What about travel insurance?’ This is the bad bit. We were checking 40 travel insurance policies. Of those, only a few would have covered you for the knock-on eventuality of your flight being cancelled due to jet fuel and then your hotel costs.”
“Only about three or four and most of those were package bank accounts where it’s linked to your bank account. Only one standalone provider. So we need to be blunt at the moment. There is a big risk in those circumstances. If you’re booking, you want something with free or limited cancellation quite short before. So you could just cancel it. You should always talk to the provider.
“The reason this is important to know is if you are in that position once you understand you have no rights and they say, ‘Well, we’ll give you a voucher and you can come back in 6 months.’ You suddenly realise you’re doing well, not badly, right? If you didn’t have free cancellation and that this is going to be a problem if we get to that jet fuel shortage.
“Government are saying there isn’t one at the moment and they’re working on consolidating flights and doing things so there won’t be one, but people’s hotel costs if they book separately and other knock-on costs are potentially at risk.”
It could cost up to £160 if people do not notice this problem before it is too late
Ryanair passengers should double check their details(Image: Nicholas Ahonen via Getty Images)
Passengers flying with Ryanair have been warned against making one of the most expensive mistakes, which could leave them facing three-figure bills just before take-off. The mistake can be prevented by carefully checking a small detail when booking a flight with the carrier.
In the rush to snap up a bargain, tiny keypads on mobile phones or a simple typing error mean travellers could easily misspell their name when booking a Ryanair journey. However, this could set them back as much as £160 to correct.
As of April 2026, the charge remains in place and is listed on the Ryanair website. Aside from the £100 missed flight penalty, the name fee is one of the highest charges Ryanair passengers can face.
The budget airline operates a policy for amending passenger information that provides a brief window of opportunity should an error occur. However, this limited timeframe comes with specific terms and conditions, according to the Express.
Ryanair says: “Name changes are allowed on all bookings, with full changes possible online up to 24 hours before departure or at the airport up to two hours before, subject to a fee. Free corrections include swapping first and last names within 48 hours of booking or changing up to three characters per name once, up to 48 hours before departure.”
If travellers only spot the mistake after getting to the airport, it could cost up to £160. The policy was previously flagged by Martin Lewis’ MSE team in an article about the most effective ways to dodge Ryanair’s additional charges.
The budget carrier is known for imposing penalties on travellers who go against their policies when booking, including mistakes that can happen entirely by accident. Correcting a minor misspelling – such as jumbled or missing letters – is free of charge, but only if passengers act within two days of making their booking.
Travellers must also have booked directly through Ryanair, not a third party service. Beyond the 48-hour window, passengers will be hit with a £115 fee for a name change, rising to £160 if done at the airport, according to MSE.
Each airline’s policy varies, so check whether your airline charges to fix these mistakes; some may amend small typos for free if reported as soon as possible. The important thing is making sure that the name on your passport matches for boarding, and errors can lead to being denied a place on your holiday.
The MSE team suggested there is a rather drastic workaround to avoid the charge if it’s too late to make amendments without paying £115 or more. Given the typically low price of Ryanair flights, cutting your losses and starting a new booking could actually be the cheaper option.
MSE said: “If you notice errors after 48 hours, it may be cheaper to make a completely new booking, rather than amend an existing one. It won’t always be cheaper, but it is worth checking the cost of a new flight to see if it’s less than the change fee.”
Ryanair confirmed on its website that certain passengers needn’t worry about being stung by the name change fee. Bookings made under a maiden name can be updated at no extra cost.
It said: “If you booked your flight using your maiden/married name, and you update your name in the passport before the date of travel, we will make the name change on your booking for you free of charge. You’ll need to have proof (a copy of your marriage certificate).”
MSE, founded by Martin Lewis, has shared the handy trick online
14:51, 27 Apr 2026Updated 15:09, 27 Apr 2026
easyJet customers could benefit from the handy MSE tip(Image: Getty )
Money Saving Expert (MSE) has shared a handy trick that could help you get more items on board your next flight. This means you may not need to pay for extra luggage.
On its website, the financial experts have said that anyone flying with easyJet may be able to boost their luggage allowance in a post-security “loophole”. MSE wrote: “If you don’t want to pay for a second bag, there is a loophole to get one on for free.
“It lies in post-security shopping. In addition to your standard hand luggage allowance,easyJet allows you to take one shopping bag on board.” It directs people to the easyJet website, where it notes under ‘Accessories’ that passengers are “allowed to bring some extra things into the cabin. e.g. umbrella, overcoat, crutches, walking stick, one standard bag of goods bought at the airport.”
MSE, founded by Martin Lewis, continued: “It’s worth noting that easyJet says this must be “one standard bag of goods bought at the airport” – and of course, we’re not suggesting you purchase unnecessarily. But if you do have a carrier bag from duty-free or similar, it’ll give you some room for manoeuvre when you walk through the departure gate.
“Some passengers report they’ve been able to stuff the odd item which won’t fit in their hand luggage into it, or even a handbag – others say they’ve successfully boarded with a carrier bag they brought with them specially.” Currently, each easyJet passenger, including children and infants, may purchase up to three checked (hold) bags. A standard checked bag allows 23kg, and you can add extra weight in 3kg increments up to a maximum of 32kg per bag.
If you’re travelling with family or friends on the same booking and flight, you can combine your total weight allowance. This allowance can be distributed across all booked bags, provided no single bag exceeds 32kg. The maximum total dimensions (length + width + height) must not exceed 275cm.
This means it’s good news for travellers. If you’ve picked up a few extras after passing through security, you may now have space to bring a bit more on board.
