This is one of our absolute favorite hidden gems about planning a cruise vacation – interest free payments. Let’s say you find that perfect cruise, and it’s 18 months away. You KNOW there is not enough money in your account to pay for it right now, and your credit cards don’t have enough room on them, but it’s THE cruise you have been waiting for. And you know you can pay a little each month. Not to worry, your trusted Travel Agent can help you out. In most cases, you can secure that cabin on your dream cruise for as little as $50-$100 per person (or 20% of the total cruise price if you’re Disney), lock in the price, and be the hero in your family. That’s right, LOCK in the price.
Here’s the beauty of it, you make payments whenever you have the money—as long as you are paid in full by the final payment date. Set aside a small monthly budget. Once a month…once a quarter….after your tax refund… and here is the kicker—no interest. But wait…what if something happens and you can’t go? It’s 18 months away; a lot can happen in that time. No worries—as long as you cancel 75 – 90 days out (in most cases), you can get a full refund. Cruise prices will change. And as the demand for the ship increases, prices will go up. Just be sure when booking your cruise you understand the cancellation details from the Cruise Line. They do vary, so check with your travel agent. When you go on your vacation and it has been paid for before you leave the dock, you will truly be able to relax.
Do you think paying over time interest free is a good idea? Share your thoughts in the comments below.