Simple Methods to Get Your Travel On EMI
Everyone loves to travel and explore new places, but the costs can be prohibitive for many people. Luckily, there are several ways to make traveling easier on your bank account. Depending on your credit and individual circumstances, you may qualify for one of several different types of financing to help you get your next trip underway more affordably. Many financial institutions offer various “travel” or “explorer” loans that are designed with travelers in mind and have special repayment terms as a result. Here are some simple tips on how you can get your travel on EMI:
Check Out Your Travel Credit Options
Depending on your credit score, you may qualify for a travel credit card that offers special benefits for frequent travelers. For example, many major credit card companies offer premium traveler cards with free or cheap travel insurance, free airport lounge access, and other benefits that make travel easier and more affordable. Some even offer a free “miles” bonus for signing up — which you can then use to help fund your next adventure. Taking advantage of a travel credit card with an EMI option can be an easy and affordable way to finance a trip. Simply sign up for a card and use it to pay for your trip — and then pay it off as soon as you get home to avoid interest charges.
Finance Your Airport Parking Via EMI
If you are flying into or out of a major airport, the costs of parking can be astronomical. One way to avoid these costs is to use an EMI service to finance your parking. Several companies offer financing that allows you to pay a small amount each month to cover the cost of your parking. Since the amount due each month is less than the cost of a full parking ticket, these can be a great option for travelers. The company will connect with your airline or airport parking account to pay for the parking remotely and take the money out of your monthly payment. You can then make one single payment each month and avoid the hassle of paying for parking upfront.
Finance Your Hotel Stay Via EMI
Many hotels now offer special financing plans that allow you to pay for your stay in monthly installments. If you book your hotel stay far enough in advance, many hotels will allow you to use this financing option. Simply provide the hotel with your payment information for the cost of your stay and make one monthly payment. This can make travel to expensive cities like New York and London, or booking a hotel room in an expensive city like San Francisco or Boston, easier on your bank account.
Finance Your Train Travel Via EMI
If you are planning to travel by train, you can find special financing options available through Eurail. Simply select the option to “finance” your trip when booking and follow the steps to arrange financing. This can be a great option when traveling to Europe, where train travel is a popular way to get around. Eurail offers financing for both first-time travelers and those who frequent trains.
Finance Your Road Trip Via EMI
If you are planning a long road trip, one way to make it easier on your budget is to finance your trip with an EMI plan. Several companies offer financing for road trips that allow you to pay a small monthly amount and then make a single payment at the end to cover the entire trip. Some allow you to pay with a credit card, which can help increase your miles. This can be a great option for travelers who know they will not be able to pay for the trip all at once.
Final Words: Go Ahead and Travel Anyway
Traveling can be one of the most rewarding experiences a person can have. However, the costs associated with travel can be prohibitive for many people. These simple methods can make it easier on your bank account to travel and open up the world to you. Traveling is a worthwhile (and fun) pursuit, so don’t let the costs hold you back — especially when these simple tips make it easier on your wallet.