28 Oct 2015

A question about : Holiday on credit card

Hello

I am trying to book my holiday on my credit card, I have a Lloyds card with an interest free period. Is there any other way of paying for this holiday without paying the 2.5% charge that my travel agent wants to levy for paying on a credit card?

Any other cash flow assistance or other cards that will allow me to get cash or pay without a fee.

Thanks

Best answers:

  • Are you paying by credit card for the additional purchase protection? or because you don't have the funds to pay for it straight away?
    If you need to borrow the money you will probably struggle to borrow for less than that fee (although it would in part depend on how long it will take you to repay the debt).
    If you have the funds saved and are only using the card for the payment protection then just pay a deposit on the credit card and pay the balance by debit card.
  • Thanks Tixy
    I am paying on the card for cash-flow as I would like to put it on the card to allow myself time to pay it back.
    If there was a way to debit the credit card and credit my current account (or even the agent) not having to pay the fee that would be useful. A Paypal type thing would work but naturally the agent does not accept Paypal.
  • Does the Lloyds card have an equal 0% period on BTs?
    If so, what about transferring a balance from another of your cards (that you pay in full, or don't currently use), and asking for the credit balance refunding to your current account.
    Works with MBNA from personal experience.
  • Yorkshireboy not sure I understand this process. Please clarify?
  • Your easiest option is to just swallow the 2.5% fee and get the 0% purchases period on your current credit card... You'll end up paying a higher fee to get a money transfer.
  • Book with another agent that allows paypal transactions- Such as travel republic. Monanch airlines also allow paypal transactions.
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