American Airlines and Affirm offer installment payment plans for flights - CNET

american-boeing787-aircraft.jpg
American Airlines

Affirm, which provides installment loans to consumers, announced a partnership with American Airlines on Wednesday, which will allow travelers to book flights now and pay over time.

"While consumers are as eager as ever to get away, they remain conscious of fitting travel into their budget," said Affirm's Chief Commercial Officer Silvija Martincevic. "According to a recent Affirm survey, 74% of Americans say they'll spend more on travel this holiday season than ever before, while 60% are concerned that they can't afford to travel as they would like to."

Affirm lets customers pay purchases off over time. Interest rates range from 0% to 30% (depending on your credit score) and, in contrast to most credit cards, the rates are fixed and do not compound. This lets you view your monthly installments and interest upfront. And it means that any interest won't accumulate -- like it does with a credit card.

Affirm says it supports installment payments for 29,000 merchants including Amazon, Target, Vrbo and Walmart. American Airlines is the first airline to use the service for flights.

Comments

Post a Comment

adsT

Popular posts from this blog

COVID-19: Sunwing cancels flights, travelers left without holiday packages - Global News

Image
Like thousands of Canadians whose travel plans were interrupted by the COVID-19 pandemic, Adrienne Martin of Whitby was left with an airline travel voucher she wanted to use. A trip to St. Lucia this December seemed like the perfect getaway. She booked the trip with her partner in May. "This time we decided to upgrade the resort; after being locked in the house for so long we decided to treat ourselves," she said. Martin and her partner had a Sunwing voucher worth $4,130 from a previous travel package. They applied the credit to a winter holiday worth $4,650. The pair were scheduled to leave Toronto on Dec. 11 and return on Dec. 18. Read more: COVID-19 pandemic uncertainty scrambles post-vaccination getaway plans The pair booked an all-inclusive vacation in a luxury junior suite with ocean view at the Royalton Saint Lucia Resort and Spa. But on Oct. 20, Martin got bad news from Sunwing. The airline informed her the flight was cancelled and the ...
Read more

Everything you need to know about Virgin Trains Ticketing - Virgin

Got burning questions about how to get the best out of your train travel? Virgin Trains Ticketing makes it easy for travellers to choose the best journey and make savings thanks to no booking fees, split ticketing, and the opportunity to earn and spend Virgin Points.    But if you're new to Virgin Trains Ticketing you probably have a few queries, so we've compiled the answers to your frequently asked questions about booking train travel, using Virgin Points, how to get assistance and which train ticket is for you. Read on for the answers on the most frequently asked questions.    That's an easy mistake to make, but no. Virgin stopped operating trains in 2019 and Virgin Trains Ticketing is helping you book any journey, on any train across Great Britain and earn Virgin Points while doing so!  There is a Virgin Trains Ticketing website where you can find out more about the service, the benefits, how to link your Vi...
Read more

15 Best Places to Travel in April - Trip Ideas - Travel + Leisure

Image
Looking for an April getaway? The first full month of spring brings flowers to many places around the world, including the world-famous cherry blossoms that paint Washington, D.C. pink each year. There's still time for snow sports fans to get in a few runs, but we have suggestions for travelers who are more than ready for sunshine and warm weather, too. Plus, a total solar eclipse will be visible from several North American destinations, so you should start planning now if you want to see this astronomical event. Here are the best places to travel in April 2024 in the U.S. and around the world.  Adirondack Mountains, New York Leon Lipkovich/Getty Images Located in northeastern New York State about 300 miles from Manhattan, the Adirondack Mountains will be one of the best areas in the Northeast to see the April 8 solar eclipse.  "Guests in the Lake Placid region will experience spectacular views of the eclipse over the Adirondack Mou...
Read more