(TAN): JetBlue and Marcus by Goldman Sachs have made MarcusPay available for JetBlue flights in addition to vacation packages.
MarcusPay, a no deposit, no-fee, fixed rate point-of-sale installment loan option, allows customers to pay for larger purchases over time. JetBlue, the platform’s inaugural partner, launched MarcusPay earlier this year exclusively for customers booking JetBlue Vacations packages bundling flights with hotels.
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MarcusPay’s easy application process offers JetBlue customers the opportunity to apply for a MarcusPay loan from the payment page at jetblue.com or jetbluevacations.com and will be available soon via the JetBlue mobile app. MarcusPay can be used for trips from USD 750 to USD 10,000 and customers can see their loan options within minutes.
Customers will know how much they’ll pay and for exactly how long, with no fees, no up-front deposit required, and a fixed interest rate. The first payment is not due until at least one month after the trip is booked. Once approved for a MarcusPay loan and the booking is completed, travelers can be on their way. MarcusPay loans are provided by Goldman Sachs Bank USA.
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“With MarcusPay, we’re adding more flexibility and simplicity to the JetBlue travel booking process,” said Andres Barry, president, JetBlue Travel Products.
“MarcusPay gives customers a smart alternative to financing large purchases,” said Elisabeth Kozack, head of Consumer Lending Partnerships at Marcus by Goldman Sachs.
