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British Airways has launched a new hold option that allows potential customers to buy a little time when considering flights for purchase. For a $10 deposit fee, you can now lock in the fare on a flight and put it on hold for 72 hours. If you purchase your flight within those 72 hours, your hold deposit is refunded.

British Airways launched a new price hold option for $10.
British Airways launched a new price hold option for $10.

This hold option is part of a joint project with British Airways and Iberia, and allows for a bit of breathing room when you need to confirm other travel arrangements before committing to a flight. Seats can be held up to 21 days in advance of your travel date, and the names of all party members can be added to the reservation.

If you have good intentions to book a flight, this hold option is a good deal, since the $10 fee is refunded upon purchase. It’s important to point out that the hold fee for long-haul flights are based on the local currency for the departing city – $10 from the U.S., €10 from Europe and £10 from the U.K.

United offers FareLock
United offers FareLock

British Airways isn’t the first airline to allow customers to lock in a price before they book. United offers FareLock, in which itineraries can be held for either 72 hours or seven days at a cost of around $20, depending on the flights and length of the hold. The price of your itinerary is guaranteed for the entirety of your chosen hold period.

From the airline’s perspective, these hold options are a win-win for them. The ultimate hope is that you’ll decide to return and book the flight(s) you’ve put on hold, but even if you don’t, the airlines will still pocket $10-$20 in fees.

Have you ever used United’s FareLock, and/or do you plan to use the new British Airways hold feature? Feel free to share your experiences below.  

British Airways Visa Signature® Card
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More Things to Know
  • Earn 4 Avios for every $1 spent on all purchases within your first year up to $30,000. That’s up to 120,000 bonus Avios
  • Every calendar year you make $30,000 in purchases on your British Airways Visa card, you’ll earn a Travel Together Ticket good for two years.
  • 4 Avios for every $1 spent on all purchases up to $30,000 in the first 12 months from account opening, you will then earn 3 Avios for every $1 spent on British Airways purchases and 1 Avios for every $1 spent on all other purchases.
  • Pay no foreign transaction fees when you travel abroad.
  • Simply tap to pay with your contactless British Airways Visa Signature Card. Just look for the contactless symbol at checkout. It's fast, easy and secure!
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

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