Accor has decided to offer a new payment method for stays in select countries and hotels in Europe.
There will be a Klarna payment option with select bookings, and ALL members can quickly check if they qualify.
READ MORE: Accor ALL Rate & Bonus Points Offers
Note that this payment option is NOT available at all hotels. It appears that hotels need to opt-in and accept to pay a higher fee than to accept credit cards.
There are quite a few Klarna’s that offer interest-free payments when you purchase from select merchants. The merchant pays the interest and credit risk fee in the form of a discount (usually 3% to 6%).
I could not see what the terms are with these Klarna payments with Accor, but I assume that they don’t apply for the lowest rates available, and in essence, you may end up paying more than you should.
Also, I don’t believe that it is a good idea to use installment payments if you don’t have financial resources to pay for, in this instance, a stay in the first place.