A new Thomson credit card will offer users the chance to earn points to redeem against the cost of holidays.

Points earned through spending on the card convert into savings on overall holiday costs.

Customers’ accounts are credited with savings when a points threshold is reached and the user makes a transaction with Thomson or First Choice.

One point per pound spent is offered for spending at Thomson and First Choice and one point for £2 spent elsewhere.

The card offers zero percent interest for the first three months and no fees when used to buy holidays in a Thomson shop.

Tui UK & Ireland distribution and cruise director Helen Caron said: “This is a first for us and we’re really excited to launch this credit card.

“We’ve taken the time to really understand what would work for our customers.

“We think what we’ve come up with is really compelling; there are lots of fantastic benefits, which will give our customers great savings on their dream holiday.”

James Corcoran, chief executive of consumer finance provider NewDay, added: “The Thomson credit card is based on extensive customer research to ensure that it meets customers’ needs.

“We are excited to offer a product to Thomson and First Choice customers that makes credit work for them – saving them money on their holidays.

“It is a distinctive credit card for travel customers and we are very excited to be working with Tui UK on what we know is a great credit product for their customers.”