JetBlue and Marcus by Goldman Sachs® Announce Broader Availability of MarcusPay™ – An Option for Customers to Pay Over T...
August 18 2020 - 10:11AM
Business Wire
-- Inaugural Partnership for MarcusPay Allows
JetBlue Customers to Lock in Fixed Rates and a Flexible Way to
Finance Flights and Vacation Packages --
JetBlue (Nasdaq: JBLU) and Marcus by Goldman Sachs® today
announced that MarcusPay™ is now 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.
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
$750 to $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.
“With MarcusPay, we’re adding more flexibility and simplicity to
the JetBlue travel booking process,” said Andres Barry, president,
JetBlue Travel Products. “JetBlue is excited to be the inaugural
partner for MarcusPay and provide our customers with an additional
way to finance their trips, when the time is right. Marcus by
Goldman Sachs and their latest offering is part of a transparent
customer journey. Customers lock in a fixed rate and the
opportunity to pay over time, removing some of the hassle and added
costs of planning a vacation.”
“MarcusPay gives customers a smart alternative to financing
large purchases,” said Elisabeth Kozack, head of Consumer Lending
Partnerships at Marcus by Goldman Sachs. “JetBlue is a terrific
partner for MarcusPay. They remain focused on delivering against
their customers’ needs and providing transparency, which helps them
deliver a differentiated customer experience for travelers. We’re
thrilled to have MarcusPay be a part of that.”
This partnership is part of JetBlue’s evolution to offer more
personalized trip experiences, making the dream of a vacation an
easier and affordable reality for many travelers when they feel
comfortable traveling again. MarcusPay makes trip planning even
more accessible with the option to pay over time for itineraries
including JetBlue flights and other amenities such as hotels, car
rentals and more.
Booking travel directly with JetBlue provides customers the most
control of their travel experience with added savings and benefits.
Customers who book directly are eligible for a growing number of
exclusive personalized deals on car rentals, hotels, activities,
and travel insurance delivered right in their inboxes. These offers
are tailored specifically for customers based on their flight
information, with the goal of making it easier and quicker for them
to book the rest of their travel.
Marcus puts 150 years of Goldman Sachs’ financial expertise and
modern technology to work to help customers take control of their
financial lives. The JetBlue partnership is the first one for
MarcusPay, and the latest in a series of initiatives by Marcus to
work with dynamic companies whose differentiated products and
services lead with a customer-centric approach, helping customers
to make smarter financial decisions.
For more information, please visit:
https://www.marcus.com/us/en/marcuspay
About JetBlue
JetBlue is New York's Hometown Airline®, and a leading carrier
in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San
Juan. JetBlue carries customers across the U.S., Caribbean, and
Latin America. For more information, visit jetblue.com.
About Marcus by Goldman Sachs
Marcus by Goldman Sachs offers products and tools designed to
help people achieve financial well-being. Marcus offers a
high-yield Online Savings Account; certificates of deposit in a
variety of terms; no-fee, fixed-rate unsecured personal loans; and
a mobile banking app. All Marcus loans and savings products are
provided by Goldman Sachs Bank USA, Member FDIC, and benefit from
Goldman Sachs and its 150-year history of financial expertise, risk
management and customer service. For more information please visit
www.marcus.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200818005545/en/
Media Contacts:
JetBlue Corporate Communications Tel: +1 718 709 3089
corpcomm@jetblue.com
Goldman Sachs Kristen Greco Tel: +1 212-902-5400
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