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A TikTok money expert has revealed how a travel credit card could save you thousands on holiday — but there’s a catch you need to know before you go abroad

Many holidaymakers think they’ve got their trip finances sorted but one money expert says a simple tool could save you thousands and protect you from scams. Mat The Money Man, known as @thequidsquid on TikTok, revealed the £3,000 holiday hack that many people completely overlook.

“If you go on holiday and don’t bring one of these, you could be in serious trouble,” he warns in the viral video. Over 9.4 million tourists have fallen victim to holiday scams over the past five years, making financial protection a must.

Mat explains that travel credit cards are often safer than using a debit card because they offer Section 75 protection under UK law. Any purchase between £100 and £30,000 is covered, meaning you can claim your money back if something goes wrong — a safety net debit cards rarely provide.

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He also points to other perks, such as better exchange rates and cashback on overseas spending. “So if you get scammed, you can claim that money straight back,” he says, highlighting how the average person spends around £1,320 on two long holidays each year.

According to Compare the Market, a typical European holiday costs £1,000 to £2,000 per person, while longer-haul trips can exceed £2,000 per person depending on flights and accommodation. For many, the combination of fraud protection, exchange rate benefits, and potential cashback makes travel credit cards a valuable tool. Mat claims the total holiday savings could reach £3,633.

Experts, however, stress that not all travel credit cards are created equal. MoneyHelper notes that while these cards often provide no foreign transaction fees and built-in insurance, consumers should compare annual fees, interest rates, and exchange rate policies before signing up.

The “catch” is simple but critical: you must have the right card and actually use it during your trip to unlock the savings and protections. Without it, you risk missing out on thousands of pounds and the extra security a travel credit card can provide.

For holidaymakers who want peace of mind and the chance to save big, a travel credit card could make all the difference — but only if you bring it along and use it correctly.

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PLANS to permanently close a historic seaside cliff lift have sparked backlash from local groups.

Campaigners have criticised the proposal, arguing the historic significance of the lift as well as its role in providing disability access to the seafront area.

Whitby’s Cliff Lift was first opened in 1931, transporting beachgoers down a vertical shaft for over 90 years.

The lift, located on the town’s North Terrace, became a “staple of the town’s history” before shutting temporarily in 2022 due to corrosion and water damage.

Now North Yorkshire Council has outlined plans to permanently close the attraction after estimating repair costs would total around £5.5 million.

Campaigners have met the plans with backlash, emphasising the continued need for the lift.

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Alison Hume, MP for Scarborough and Whitby called for the council to backtrack restore the lift to its former use.

“The Whitby Cliff Lift is part of Whitby’s identity as well as providing vital access to the beach from the West Cliff,” she said.

“This is a good opportunity to invest in a town which brings so much value to the county as a golden tourism goose.”

And campaigner Andy Jefferson told the BBC that the beach could risk losing its blue flag accessible beach award if the lift was permanently scrapped.

He described the access route as “imperative” to the beach’s status and warned of the “significant” detriment its loss posed to the area’s tourism.

A spokesperson for the Whitby Community Network shared similar concerns when speaking to The Yorkshire Post.

“Setting aside the fact that the Cliff Lift building is actually a non-designated heritage asset and so should be proportioned a level of protection, it has a critical importance,” they said.

“That is, providing access to Whitby sea wall to many elderly and disabled people who either live in the town or visit – the town has double the national average of over-60s and the visitor age profile is not seen as so dissimilar.”

North Yorkshire Council’s corporate director of environment, Karl Battersby, said: “We understand how important access to the seafront in Whitby is for residents and visitors alike. The cliff lift has been a staple of the town’s history, and we are not taking a decision lightly.

“For the lift to be brought back into use, there would be significant costs for repairs and ongoing maintenance, and there remains uncertainty surrounding the need for waterproofing the shaft.

“We have listened to the views of the local community and our executive members will discuss its future on March 17, considering how many people used it and making an informed decision that ensures we use taxpayers’ money wisely.”