Capital One UK has estimated the average amount of vouchers for cancelled events is £508, but this rises to a huge £1,606 for holidays.
More than a quarter (26%) of the 38.5 million people who have had at least one holiday, event or experience cancelled because of Covid have received a voucher or refund credit note (RCN).
But Capital One found 32% of people with vouchers were not sure when they expired, while 11% did not know if there was even an expiry date.
