CNN
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Few feelings are worse than buying an airline ticket, only to see the price drop substantially one week later. We’ve all been there. But, Capital One wants to make sure it doesn’t happen to you again.
The credit card issuer announced this week that it plans to relaunch its travel website to include new features that can save money for customers when they book flights, as well as offer other protections that aren’t available elsewhere. The beta version will begin to roll out in the next few weeks to groups of customers who hold a Capital One miles-earning credit card.
Capital One is relying on the price-prediction technology of travel booking website Hopper to let card holders know when’s the cheapest time to book a flight. Plus, the new portal will grant card holders access to a number of protections to ensure they can feel confident that they’re paying the best price.
Capital One
The new Capital One Travel booking platform.
The perks of the refurbished Capital One Travel have us excited about its potential. The announced features are both wide-ranging and include protections at each point of the booking process: planning, buying and in the lead up to departure. According to the issuer, the website will include:
- Price prediction and price watches. By entering your desired itinerary, the predictor will display the anticipated cheapest and most expensive times to book. Based on that data, you can then choose to buy or set an alert to let you know when the fare drops on your route. If the fare drops, you’ll get a notification from Capital One to book your flight.
- Price drop protection. This free protection means that if Capital One recommends buying a flight at the current price and the price then drops after you buy, you’ll get a refund of the difference, up to…