Secure your accommodation with interest-free Afterpay payments.
Accommodation is a travel necessity, but after you've shelled out for your flights, you might be hesitant to put down the dollars for a room straight away.
While some hotels allow you to book with no pre-payment, sometimes in order to secure that special deal, you'll have to pay up front. And sometimes it's important to secure that peak-season room before they all sell out. Or worse, the prices skyrocket.
That's where Afterpay comes in. Working like an interest-free short-term loan, it's easy to sign up for and use. As long as you have the funds in your nominated account, they will be deducted automatically on a fortnightly basis over four equal instalments (eight weeks in total).
If you miss a payment, you'll be charged a late fee and your account may be locked.
Which accommodation sites offer Afterpay?
Afterpay is not currently partnered with any accommodation booking sites, however, it is offered on RedBalloon which does offer a limited number of accommodation stays and packages.
While there's no news yet on whether (or, more accurately, when) Afterpay will start partnering with hotel chains or more dedicated booking sites, we think it's only a matter of time until it happens.
In the meantime you can look to ZipMoney, which is similar to Afterpay and offers three-months interest-free layby on accommodation, as well as Wotif, lastminute.com.au, Expedia and other hotel sites that offer book now, pay later options to secure your room and pay it off later.
Watch this space for more information as it comes in.
Are there other companies like Afterpay to book hotels?
Yes! There's a handful of online hotel booking sites that will allow you to lock in a low price and choose to pay when you arrive. Here are a few of them: