Flight and holiday finance...

[munitalP]

Hey Ya'll

A friend and I are having an argument right now - he says that some travel agents finance flights and holidays - fly now pay later sort of thing, I'm say never heard of if

Can anyone here help clear this up?

cheers

Mr!

:?:

 

[simongr]

Not sure about TAs but QF were offering this at one stage:

Qantas Website - Book Now, Pay Later - FlyerTalk Forums

 

[oz_mark]

Hey Ya'll

A friend and I are having an argument right now - he says that some travel agents finance flights and holidays - fly now pay later sort of thing, I'm say never heard of if

Can anyone here help clear this up?

cheers

Mr!

:?:

Never heard of fly now, pay later - all the flights I have ever made have had to be paid for before travel. Sometimes shortly before travel, but always before travelling.

 

[munitalP]

Yep, my argument is based on "paying later" would see a number of non returns methinks...

I think Mr S (my mate) is dreaming

Mr!

:mrgreen:

 

[Ric]

Hi,

Have seen TAs in Asia advertise these sort of things......"fly now, pay later".
Its much like Harvey Norman's type of promotions of "4 years to pay Interest Free" sort of thing.

Ric

 

[oz_mark]

So, I decided to search. Not tracked down anything in Australia yet but AA have this: Fly Now, Pay Later - 6 Months No Payments, No Interest

 

[medhead]

Well it's hardly pay later. As with all interest free offers you are entering into a crredit arrangement. The airline certainly gets their money before you fly, the customer is left with a debt to repay.

The AA offer is interesting. I'm sure I've seen a similiar offer from one of the Oz QF direct sweep CC. Maybe Earth platinum of an AMEX QF CC (can't remember right now). The australian version is useless if you use the card for any other purchases due to the way they apply payments to the interest free amounts first. Maybe AA's offer is better value.

Must have been thinking of earth platinum which has:

5.99%pa fixed interest rate on selected Qantas products and services*


* Only when you spend at least $500 on selected Qantas transactions you’ll pay a fixed rate of 5.99% p.a. on those transactions. To activate this rate you must call us on 1300 762 284 and notify us after the transaction. From the date you notify us, the promotional rate will apply to that purchase. You will lose the benefit of the interest free days on all credit purchases where the closing balance (including any balance transfer and promotional amount, including any amount to which the promotional 5.99%p.a.fixed rate applies) is not paid in full by the statement due date each month. Prior to notifying us, the standard variable interest rate on purchases will apply to that purchase. Selected Qantas products and services are Qantas passenger flights (with a QF flight number) booked directly with Qantas, Qantas Club and Qantas Frequent Flyer membership, purchases from Qantas Holidays, purchases from 'Qantas Travel' customer shopfronts and purchases on Hotels on qantas.com - Excludes Jetstar flights and services.

 

[oz_mark]

Well it's hardly pay later. As with all interest free offers you are entering into a crredit arrangement. The airline certainly gets their money before you fly, the customer is left with a debt to repay.

It is still pay later. How else would they implement it other than through some sort of credit arrangement?

The AA offer is interesting. I'm sure I've seen a similiar offer from one of the Oz QF direct sweep CC. Maybe Earth platinum of an AMEX QF CC (can't remember right now). The australian version is useless if you use the card for any other purchases due to the way they apply payments to the interest free amounts first. Maybe AA's offer is better value.

Must have been thinking of earth platinum which has:

Earth is only a reduced interest rate, rather than a pay later scheme.

 

[medhead]

It is still pay later. How else would they implement it other than through some sort of credit arrangement?



Earth is only a reduced interest rate, rather than a pay later scheme.

Technically you are paying now, just with someone else's money.


thanks for the earth thing - my memory is just rubbish.