diff --git a/.gitignore b/.gitignore
index 523d37b356..0264808aec 100644
--- a/.gitignore
+++ b/.gitignore
@@ -11,6 +11,10 @@ pids
 *.seed
 *.pid.lock
 
+# IDE files
+.idea
+.vscode
+
 # Directory for instrumented libs generated by jscoverage/JSCover
 lib-cov
 
@@ -71,4 +75,4 @@ src/parser.ts
 .puppet-master/
 
 storybook-static/
-package-lock.json
\ No newline at end of file
+package-lock.json
diff --git a/docs/useAsyncRetry.md b/docs/useAsyncRetry.md
new file mode 100644
index 0000000000..ff2a9ac0b3
--- /dev/null
+++ b/docs/useAsyncRetry.md
@@ -0,0 +1,47 @@
+# `useAsyncRetry`
+
+Uses `useAsync` with an additional `retry` method to easily retry/refresh the async function;
+
+
+## Usage
+
+```jsx
+import {useAsyncRetry} from 'react-use';
+
+// Returns a Promise that resolves after one second.
+const fn = () => new Promise((resolve, reject) => {
+  setTimeout(() => {
+    if (Math.random() > 0.5) {
+      reject(new Error('Random error!'));
+    } else {
+      resolve('RESOLVED');
+    }
+  }, 1000);
+});
+
+const Demo = () => {
+  const state = useAsync(fn);
+
+  return (
+    <div>
+      {state.loading?
+        <div>Loading...</div>
+        : state.error?
+        <div>Error...</div>
+        : <div>Value: {state.value}</div>
+      }
+      {!state.loading?
+        <a href='javascript:void 0' onClick={() => state.retry()}>Retry</a>
+        : null
+      }
+    </div>
+  );
+};
+```
+
+
+## Reference
+
+```ts
+useAsyncRetry(fn, args?: any[]);
+```
diff --git a/src/__stories__/useAsyncRetry.story.tsx b/src/__stories__/useAsyncRetry.story.tsx
new file mode 100644
index 0000000000..38b2985724
--- /dev/null
+++ b/src/__stories__/useAsyncRetry.story.tsx
@@ -0,0 +1,35 @@
+import * as React from 'react';
+import {storiesOf} from '@storybook/react';
+import {useAsyncRetry} from '..';
+import ShowDocs from '../util/ShowDocs';
+
+const fnRetry = () =>
+  new Promise<string>((resolve, reject) => {
+    setTimeout(() => {
+      if (Math.random() > 0.5) {
+        reject(new Error('Random error!'));
+      } else {
+        resolve('RESOLVED');
+      }
+    }, 1000);
+  });
+
+const DemoRetry = () => {
+  const { loading, value, error, retry } = useAsyncRetry<string>(fnRetry);
+
+  return (
+    <div>
+      {loading?
+        <div>Loading...</div>
+        : error?
+        <div>Error: {error.message}</div>
+        : <div>Value: {value}</div>
+      }
+      <a href='javascript:void 0' onClick={() => retry()}>Retry</a>
+    </div>
+  );
+};
+
+storiesOf('Side effects|useAsyncRetry', module)
+  .add('Docs', () => <ShowDocs md={require('../../docs/useAsyncRetry.md')} />)
+  .add('Demo', () => <DemoRetry />);
diff --git a/src/index.ts b/src/index.ts
index 343a453352..66bdf580d9 100644
--- a/src/index.ts
+++ b/src/index.ts
@@ -1,5 +1,6 @@
 import createMemo from './createMemo';
 import useAsync from './useAsync';
+import useAsyncRetry from './useAsyncRetry';
 import useAudio from './useAudio';
 import useBattery from './useBattery';
 import useBoolean from './useBoolean';
@@ -52,6 +53,7 @@ import useWait from './useWait';
 export {
   createMemo,
   useAsync,
+  useAsyncRetry,
   useAudio,
   useBattery,
   useBoolean,
diff --git a/src/useAsync.ts b/src/useAsync.ts
index f9f2e1cc43..8749baec8a 100644
--- a/src/useAsync.ts
+++ b/src/useAsync.ts
@@ -1,51 +1,42 @@
-import {useState, useEffect, useCallback} from 'react';
+import { useState, useEffect, useCallback } from 'react';
 
-export type AsyncState<T> =
-| {
-  loading: true;
-  error?: undefined;
-  value?: undefined;
-}
-| {
-  loading: false;
-  error: Error;
-  value?: undefined;
-}
-| {
-  loading: false;
-  error?: undefined;
-  value: T;
+export interface AsyncState<T> {
+  loading: boolean;
+  error?: Error;
+  value?: T;
 };
 
 const useAsync = <T>(fn: () => Promise<T>, args?) => {
   const [state, set] = useState<AsyncState<T>>({
-    loading: true,
+    loading: true
   });
   const memoized = useCallback(fn, args);
 
   useEffect(() => {
     let mounted = true;
     set({
-      loading: true,
+      loading: true
     });
     const promise = memoized();
 
-    promise
-      .then(value => {
+    promise.then(
+      value => {
         if (mounted) {
           set({
             loading: false,
-            value,
+            value
           });
         }
-      }, error => {
+      },
+      error => {
         if (mounted) {
           set({
             loading: false,
-            error,
+            error
           });
         }
-      });
+      }
+    );
 
     return () => {
       mounted = false;
diff --git a/src/useAsyncRetry.ts b/src/useAsyncRetry.ts
new file mode 100644
index 0000000000..0382df244f
--- /dev/null
+++ b/src/useAsyncRetry.ts
@@ -0,0 +1,22 @@
+import { useCallback, useState } from 'react';
+import useAsync from './useAsync';
+
+const useAsyncRetry = <T>(fn: () => Promise<T>, args: any[] = []) => {
+  const [attempt, setAttempt] = useState<number>(0);
+  const memoized = useCallback(() => fn(), [...args, attempt]);
+  const state = useAsync(memoized);
+
+  const retry = useCallback(() => {
+    if (state.loading) {
+      if (process.env.NODE_ENV === 'development') {
+        console.log('You are calling useAsyncRetry hook retry() method while loading in progress, this is a no-op.');
+      }
+      return;
+    }
+    setAttempt(attempt + 1);
+  }, [memoized, state, attempt]);
+
+  return { ...state, retry };
+};
+
+export default useAsyncRetry;