Getting ready to hit the road? You want to make every part of the ride as smooth as possible, so you can focus on the good times youโre going to have.
That includes the financial side of road trips and weekend getaways. Interac can help make spending and sending money easy and convenient. Here are some ways โฆ
How Interac e-Transfer helps you plan the trip (and split the costs)
When youโre planning your trip, itโs smart to work out how youโre all going to share the big expenses โ like rental properties (cottages and cabins), hotels, and a car if you need to rent one.
Also: Why not matching T-shirts, if your trip is for a bachelorette or stag party? As youโre planning, keep in mind something you and your friends all have in common: the need to stay on a budget. Handle your trip bookings by paying with Interac Debit or Interac e-Transfer if accepted, and youโll be using your own money from your account. That makes it easier to help keep track of your spending, while helping you avoid getting a shocking bill the next month.
The Canadian Anti-Fraud Centre has reportedly warned of a rise in cottage/cabin rental scams, which typically trick would-be renters by using fake listings. How to spot a potential fraudster? First, they often donโt offer rentals through official booking sites. Second, they may pressure you to pay quickly โ and pay them directly, not through a booking service. Third, they attract targets with low rental rates. That might look tempting โ cottages have become expensive to book in the last few years. But donโt fall for a listing that looks too good to be true! Do you think youโre being targeted by a scam? Here, you can learn about the โStop, Scrutinize, Speak Upโ approach for combating fraud. |
All right, now what supplies will you need for your trip? Beach towels? Sunscreen? Neck pillows? Road snacks, and a cooler to keep them in? (You can save money if youโre not always buying snacks at rest stopsโฆ)
You use Interac e-Transfer to split a few other costs with your friends โ like your trip to the store to get all-important road snacks.
(If youโre the one receiving the paybacks from your friends, enabling Interac e-Transfer Autodeposit could make settling up easier. Using the Autodeposit feature means you donโt have to set up a security question and answer with people who send you money; the funds go directly to your account. Learn how to set it up at this page.)
Donโt have time to get to the store? Order online if available using Interac Debit with Apple Pay* and Google Pay** โโPayment in your apps or while using your smartphone is easy. (Learn more about how to pay with Interac Debit e-Commerce payments through digital wallets where supported by the merchant and your financial institution.)
Once again, youโre paying with your own money, meaning there wonโt be a surprise bill thatโll catch up with you down the road. Youโre almost ready to set out! One last thing if youโre taking transit to a rendezvous point with your friends: Did you know that on select transit systems, you can use Interac Debit to pay for an adult fare instead of using a transit pass? (See if you can use Interac Debit to pay for a transit ride where you live.)
How Interac speeds you on your way during the trip
Road trip expenses can pile up. (Even faster than litter from car snacks.)
Youโll be spending money on the expected things, like meals and gas. But the spirit of the road trip is to be ready for the unexpected, too. Who knows what kinds of spontaneous stops youโll make, bedding down at places like motels and campsites? Spontaneity can also mean spending on souvenirs and entrance fees to activities. (If you spot a townโs signature roadside attraction, like giant Muskoka chairs or towering dinosaur sculptures, you kind of have to stop there, right?)
Wherever the road takes you, ask if you can use Interac Debit to pay. Itโs convenient, and itโs easier than handling cash, itโll help you stay on track with your budget by using your own money. That can help give you the peace of mind to enjoy the experience rather than fretting about the cost.
You may also want to make good time on your trip, and Interac Debit can help. Where Interac Debit contactless payments are available, you can tap your debit card or digital wallet to check out quickly at gas stations, restaurants, drive-thrus and other pit stops along your route. By adding your debit card to your digital wallet, youโll be able to make payments without taking your physical card out. Not only that, some of the services youโll use along the way โ like select fast-food restaurants โ let you pay through an app. If available, this can be a way to skip the drive-thru and sometimes even have the food brought right to your car โ a 21st-century road tripping luxury!
How Interac helps after the trip
Your trip may have involved unforgettable memories โ but your friends may still forget to send you what they owe for gas.
Use Interac e-Transfer Request Money to give them an easy way to pay you back. It can also help you avoid being awkward about asking.
And just like you did before the trip, use Interac e-Transfer to split the cost of any other shared expenses that need settling up, like outstanding accommodation fees or a group gift for someone who hosted you. You want the memories of the trip to last a lifetime โ but splitting the costs should only take a few moments.
Interac e-Transfer and Interac Debit can help you get the most out of life
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