diff --git a/src/actions.ts b/src/actions.ts
index 74a05fb..269cc81 100644
--- a/src/actions.ts
+++ b/src/actions.ts
@@ -9,6 +9,22 @@ export interface IAction<Payload, Metadata = undefined> {
   meta?: Metadata;
 }
 
+export type IThunk = (
+  dispatch: (action: any) => any,
+  getState: () => any
+) => any;
+
+export function createAction<Thunk extends IThunk, U extends any[]>(
+  type: string,
+  payloadCreator: (...args: U) => Thunk
+): (...args: U) => Thunk;
+
+export function createAction<Thunk extends IThunk, Metadata, U extends any[]>(
+  type: string,
+  payloadCreator: (...args: U) => Thunk,
+  metadataCreator?: (...args: U) => Metadata
+): (...args: U) => Thunk;
+
 export function createAction(
   type: string
 ): () => IAction<undefined>;
@@ -28,13 +44,22 @@ export function createAction<Payload, Metadata, U extends any[]>(
   type: string,
   payloadCreator?: (...args: U) => Payload,
   metadataCreator?: (...args: U) => Metadata
-): (...args: U) => IAction<Payload, Metadata> {
+) {
   return Object.assign(
-    (...args: U) => ({
-      type,
-      ...(payloadCreator && { payload: payloadCreator(...args) }),
-      ...(metadataCreator && { meta: metadataCreator(...args) }),
-    }),
+    (...args: U) => {
+      const payload = (payloadCreator && payloadCreator(...args));
+      const meta = (metadataCreator && metadataCreator(...args));
+
+      if (typeof payload === 'function') {
+        return payload;
+      }
+
+      return {
+        type,
+        ...(payload && { payload }),
+        ...(meta && { meta }),
+      };
+    },
     { toString: () => type }
   );
 }
diff --git a/test/actions.test.ts b/test/actions.test.ts
index 2b29133..8842efd 100644
--- a/test/actions.test.ts
+++ b/test/actions.test.ts
@@ -4,7 +4,7 @@ import {
   createAsyncAction,
   onFulfilled,
   onPending,
-  onRejected
+  onRejected,
 } from '../src/actions';
 
 describe('actions', () => {
@@ -59,7 +59,6 @@ describe('actions', () => {
         const action = createAction(TYPE, () => undefined, () => ({ asdf: 1234 }));
         assert.deepEqual(action(), {
           type: TYPE,
-          payload: undefined,
           meta: { asdf: 1234 },
         });
       });
@@ -152,4 +151,40 @@ describe('actions', () => {
       });
     });
   });
+
+  describe('thunk', () => {
+    const getStateMock = () => 42;
+    const dispatchMock = (action: any) => {
+      if (typeof action === 'function') {
+        return action(dispatchMock, getStateMock);
+      }
+      return action;
+    };
+
+    it('should return a thunk function', () => {
+      const thunk = createAction(
+        'THUNK',
+        (n: number) => (_, getState) => getState() + n
+      );
+      assert(typeof thunk(1) === 'function');
+    });
+
+    it('should dispatch thunk payload', () => {
+      const thunk = createAction(
+        'THUNK',
+        (n: number) => (_, getState) => getState() + n
+      );
+      const result = dispatchMock(thunk(1));
+      assert.equal(result, 43);
+    });
+
+    it('should return a thunk with metadata', () => {
+      const thunk = createAction(
+        'THUNK',
+        (n: number) => (_, getState) => getState() + n,
+        (n: number) => ({ n })
+      );
+      assert(typeof thunk(1) === 'function');
+    });
+  });
 });