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Leading Global Travel Company Thomas Cook Returns to Australia to Launch New Services with Thomas Cook Money

May 17, 2018 Financial No Comments Email Email

One of the world’s leading holiday companies, Thomas Cook, is re-entering the Australian market with Thomas Cook Money after an 18-year absence.

With its new regional Asia Pacific headquarters established in Hobart, Thomas Cook Money will offer a range of user-friendly travel money services specially designed for Aussies on the go, including travel insurance, foreign exchange and a pre-paid travel card.

Thomas Cook Money’s move into Australia is part of the company’s expansion of is financial services division, which kicked off recently from the United Kingdom. Thomas Cook Money’s travel insurance, underwritten by Allianz, will be the first product launched in Australia.

Managing Director of Thomas Cook Money Asia Pacific Mark Tarring will lead the campaign and establish the Australian operation as a springboard to new markets in the Asia Pacific region.

Tarring said Thomas Cook Money was committed to helping its customers manage their holiday budgets year-round, making holiday planning easier and more sustainable with new, user-friendly digital technologies.

“Thomas Cook Money is leveraging the company’s extensive heritage in the global travel industry to deliver fairer, simpler and digitally-led products that look after holiday money for 365 days of the year, not just when you are on holidays. We’re not a bank. We’re a holiday company with a mission to help make holiday money easier to manage for everyone,” Mr Tarring said.

“We see that travellers often use personal finance services for their holiday spending. Thomas Cook understands the needs of holidaymakers, and our 177-year heritage of holidays combined with innovation in financial services puts customers first in making sure their money makes, not breaks, their holidays.”

“Thomas Cook Money is on a mission to enhance Australians’ feeling of safety and security when they travel abroad with our comprehensive travel insurance. Short breaks like cruises and ski holidays are highly popular with Australians, but are often not covered effectively. With more than 20 million customers trusting Thomas Cook every year, travellers can relax and enjoy their holiday.”

Thomas Cook Money Global Managing Director Anth Mooney said the company was transforming the world of holiday money.

“The return to the Australian market demonstrates the global ambition of Thomas Cook Money, and the opportunity we have to leverage the heritage of the Thomas Cook brand to appeal to a new set of customers,” Mr Mooney said.

Thomas Cook has a long history of providing holiday money to its customers around the world. In 1874, Thomas Cook introduced the circular note, which was a forerunner to the traveller’s cheque. Thomas Cook Money’s travel insurance policies are designed to be inclusive and flexible, and offer great choice, while providing round-the-clock emergency assistance from 500 doctors and medically trained professionals in 34 countries, 365 days a year.

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