JetBlue is hoping to lure more customers with a fly now, pay later perk.
In partnership with Goldman Sachs’ MarcusPay, customers are offered a no-fee, fixed-rate instalment plan for ticket purchases.
It is an extension of JetBlue’s existing partnership with MarcusPay to finance JetBlue vacation package purchases.
The airline says MarcusPay can be used for trips costing a minimum of $750 up to $10,000 and customers can be approved for credit within minutes.
Customer can apply online for the credit facility and soon via the mobile app.
"Customers lock in a fixed rate and the opportunity to pay over time, removing some of the hassle and added costs of planning a vacation," said JetBlue Travel Products President Andres Barry.
The first payment is not due until one month after approval, and all customers will know exactly how much they’ll pay and for what length of time at a fixed interest rate.
Written by Ray Montgomery, US editor
