Pay Monthly Holidays: The Best Guide to Interest Free Holidays
I’ve been travelling full time for the last 3+ years, so I know just how quickly the costs of a trip can add up. spreading the cost of a holiday, holiday payment plans, or book now, pay monthly holidays can be a really handy way to make those costs feel a little more manageable, rather than paying for your entire trip in one painful hit 😅
Over the years I’ve booked more flights, hotels and trips than I can possibly count, and one thing I’ve learnt is that how you pay for your travels can make a huge difference. Being able to spread the cost across several months can give you a bit more breathing room, especially when you’re planning a bigger trip or booking well in advance.
Some companies will charge you extra interest or fees, while other companies like Vuelo have no interest fees. There’s also deposits, payment deadlines and ATOL protection to think about, depending on what and who you book with.
Vuelo is a great option if you want more flexibility with how you pay for your trip, and I’ll go into a bit more detail about why it can be so useful when you’re trying to spread the cost of a holiday without the stress of paying everything upfront ✈️
What are pay monthly holidays?
Pay monthly holidays are pretty much exactly what they sound like. Instead of paying the full cost of your holiday when you book, you spread the cost across a number of smaller payments.
Being able to pay monthly means you can get your plans sorted without one enormous payment disappearing from your bank account.
This is where Vuelo comes in. With Vuelo, you can book flights and hotels and spread the cost across monthly payments, interest free.
You’ll pay an initial deposit when you make your booking, followed by monthly instalments towards the remaining balance. The important thing is that your trip needs to be paid in full before you travel, so the further ahead you book, the more time you have to spread those payments.
For me, that’s the biggest appeal of a monthly holiday payment plan. You can secure the trip you actually want earlier, then gradually pay towards it in the months before you pack your suitcase. ✈️
Is it really interest free?
With Vuelo, the monthly payment option is completely interest free. You can spread the cost of your flights and hotels across several payments without any extra interest being added along the way.
If a booking company charges interest, you can end up paying hundreds of pounds extra. We do not want this.
Before booking with Vuelo, always check the full amount you’ll pay, how much is due upfront, and the date your final payment needs to be made. It just makes it easier to see the real cost clearly and enjoy the fact you’re getting a holiday you can actually budget for, without any hidden surprises.
How far in advance should you book a pay monthly holiday?
Generally, the earlier you book, the easier it is to spread the cost into smaller chunks.
You will need to pay a deposit first.
E.g.
if your holiday costs £1,000 and you have 10 months to pay it off, you will pay around £100 a month.
10 months x £100 = £1000
If you only have five months, you’d be looking at around £200 a month instead.
5 months x £200 = £1000
That’s why I’d always check how many payments you’ll have before booking. A longer lead time can make a monthly holiday much easier to budget for, especially if you’re planning something a little more expensive.
How much will my monthly repayments be?
The easiest way to get a clearer idea is to use Vuelo’s payment calculator, so you can play around with the numbers before you book.
It’s particularly handy if you’re comparing a couple of different trips and want to see what each one might look like as a monthly expense ✈️
Pay monthly holidays FAQs
Can I book now and pay later for flights?
Yes! If you’re specifically looking for a flight book now pay later option, flights are included with Vuelo. You can book your flights now and spread the cost across monthly payments rather than paying for everything upfront.
The payments are interest free, which I think is particularly handy for long haul flights or bigger trips where the airfare can easily be one of your largest expenses. ✈️
What travel brands does Vuelo work with?
Vuelo works with a wide range of major travel brands, so you’re not limited to just one airline, hotel provider or car hire company. This includes well-known names such as Booking.com, Airbnb and Expedia, as well as car rental providers like Avis and Sixt, plus major airlines including Lufthansa, Air Canada and KLM.
See all the travel brands available with Vuelo here.
Are pay monthly holidays more expensive?
Not with Vuelo, the payment option is interest free, so you’re not paying more just because you’re spreading the cost.
How does a monthly holiday payment work?
First you will need to pay a deposit, then you will have to pay off the remaining balance in instalments.
For example, if you had £1,000 left to pay over ten months, that would work out at around £100 a month.
When do I need to finish paying for my holiday?
This depends on the specific booking. Before you confirm anything, make sure you check the final payment date so you know when the full balance needs to be cleared.
Booking earlier can also help, as it gives you more time to spread the cost into smaller, more manageable payments.
Does Vuelo do a credit check?
Vuelo uses a soft check when you choose a payment option, which means it won’t directly affect your credit score.
That said, it’s still important to stay on top of your payments. If there are any missed or overdue balances, or if you take payment breaks, this information can be visible to other lenders and may be taken into account when they assess your overall credit profile.
That’s it! I hope this has helped you a little, whether you’re into adventure, relaxation or fun filled weeks… there’s something for everyone, at every budget! Have a browse through some destinations in Europe in my other articles below.
