Booked a holiday to Majorca with Lastminute.com in September last year, travelling early August this year. We decided a few weeks ago that we don't want to go, but the advice about cancelling on various forums and articles said leave cancelling as long as possible in the hope that it would be cancelled for you so you wouldn't lose your deposit (for example, if FCO advice changes, airline cancels flights etc).
Our final payment was due today so we've logged on tonight to cancel. It said that the request had been submitted and that we'll hear from them at some point. Meanwhile, it says that to stop payments leaving your account, you have to cancel the payment three days before it's due.
We're screwed aren't we? Payment will go out for a holiday we don't want to go on. I am so cross with myself for not cancelling sooner, but we followed the advice of so-called experts (MSE, well respected newspapers etc). I logged into Lastminute.com earlier in the week to read about cancelling, but it didn't say anything about allowing three days for their credit card payment request.
Have we got any other options - other than go on the holiday and worry the whole time, or lose the total amount we paid for the holiday? We bought insurance when we booked the holiday, if that makes any difference. I feel sick.