Race against time to spend your Covid cancellation holiday vouchers: Travellers have just ONE WEEK to spend £30million of unspent vouchers given for holidays cancelled due to Covid or face missing out if holiday firm goes bust
- Holidaymakers have until the end of next week to use their refund credit notes
- From September 30 people will lose their vouchers if the company goes bust
- Civil Aviation Authority (CAA) said £30million unspent vouchers need to be used
Holidaymakers, whose trip was cancelled due to Covid, have until the end of next week to use any unspent holiday vouchers.
If the vouchers are not cashed in soon, people could lose a holiday if the firm they booked with goes bust, according to the Civil Aviation Authority (CAA).
The regulator said approximately £30 million worth of the holiday vouchers, handed out during the pandemic, are yet to be used and warned those hoping to book a trip with the coupons to book before September 30.
If they are not used by the end of next week, holiday goers face putting their money at risk.
Holidaymakers, whose trip was cancelled due to Covid, have until the end of next week to use any unspent holiday vouchers. If they are not used and the travel company goes bust, people could loose out on a trip
Refund credit notes (RCNs) were given to customers by travel firms for package holidays cancelled due to the coronavirus pandemic.
Any vouchers issued between March 2020 and December 19 2021 were covered by the ATOL scheme, which means holders will not lose out if the company they booked with goes bust – but this protection will come to an end at the end of the month.
Michael Budge, head of Atol, which is run by the CAA, said: ‘We are again urging people to either use their refund credit note to book another ATOL-protected trip or ask their travel company for a refund.
‘This will affect customers of some of our biggest travel firms, so our message is simple – this is the last chance to make sure you continue to be financially protected by the ATOL scheme.
Any vouchers issued between March 2020 and December 19 2021 were covered by the ATOL scheme, which means holders will not lose out if the company they booked with goes bust – but this protection will come to an end at the end of the month
‘Even if your refund credit note is valid after the end of September, it won’t enjoy ATOL protection.
‘It is better to be safe than sorry, and we are urging people still holding one of these refund credit notes to take action now.’
Consumers were legally entitled to get cash refunds within 14 days when package holidays were cancelled due to the pandemic but many travel companies offered RCNs as an alternative to help their cash flow.