Reports by Moneyextra.com suggest that the credit card offers good financial cover for British holiday makers are better protected against separate elements of their break.

The company argues that using credit cards to pay your holidays ensures that the card company is jointly liable for breaches of contract or ‘misrepresentation’ by your travel firms.

It says that should a travel company go bust, holiday makers who used credit cards would be covered as long as the sum is more than £100 and the amount you put on your card less than £25,000.

Among the best on the market at time of writing are: HSBC Bank MasterCard - 0% for 12 months, then 15.9% APR; Halifax All in One MasterCard - 0% for 10 months, then 15.9% APR and Lloyds TSB Advance MasterCard - 0% for 6 months, then 11.9% APR

However, travellers have been warned to watch out on over spending.

Moneyfact’s Michelle Slade advised, “But holidaymakers need to ensure they're aware of the additional charges they will face for using their cards in a foreign country.”