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3 Common Financial Travel Traps

Posted On 12 Jan 2015
Tag: finance, traps, travel

Financial TrapAs travel deals continue to emerge, sometimes a deal looks too good to be true; and often times is. Along with deals, can come hidden costs, or sometimes, even scams. Make sure to be prepared and be on the lookout to avoid these 3 common financial travel traps on your next trip.

Overweight Baggage Fees

Often to avoid paying additional baggage fees, travels will try to overstuff their suitcases. Unfortunately, this can lead to an even pricier cost. Fees are dependent upon the airline. For example, Delta requires an additional $175 for breaking the initial weight limit. However, in actuality it would have been cheaper just to spend the $25 for a second bag.

Booking Fees

Always book your flight as soon as possible. This can help prevent additional booking fees. For example, United Airlines charges an addition $75 per ticket for any tickets bought seven to 20 days before the flight; and if you purchase your ticket in the last six days before the flight, it costs an additional $100. If you decide to book your ticket online, make sure to ask any questions you have in advance and always thoroughly read the fine print. Otherwise, you could end up with additional costs you didn’t realize weren’t already paid for. For example, some websites, such as Kayak.com, doesn’t offer whether or not the cost of luggage is included in their listed price on their website.

Car Rental Insurance Extras

Never let the rental company coerce you into paying for a policy. Prior to signing up for the extra insurance offered by the car rental dealership, check with your own insurance company and/or credit card insurance. Often times this is already covered.

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