For those planning last-minute getaways without ample savings, ‘Fly Now, Pay Later’ plans offered by airlines worldwide can seem like a lifeline. These schemes allow travelers to make their travel budget more flexible by deferring payment until later. However, UAE-based travel experts and financial planners caution that these plans may not always be entirely cost-effective and risk-free.

While ‘Fly Now, Pay Later’ options can ease financial strain by offering the flexibility to pay for travel expenses over time, they come with potential risks. Dubai-based travel agent Richa Dev explains that these plans essentially function as loans or credits taken out at the time of booking, with the option to pay in installments. Missing a payment can lead to interest charges. While many of these schemes offer zero interest if paid within a specified timeframe, they can still impact your financial health if not managed carefully. So, while these plans can provide convenience, it’s essential for travelers to weigh the benefits against the potential financial risks before opting for them.