Tuesday is the cheapest time to buy air tickets. Are the rumors true?

It is the cheapest to buy air tickets on Tuesday. Are the rumors true? When it comes to travel spending, there are always some wise suggestions and choices. Are these guidelines true? (One...

When it comes to travel spending, there are always some wise suggestions and choices. Are these guidelines true?

(1) The earlier you book your flight, the better?

Last year, airlines reported a total of $82 billion in air bookings, finding that the best prices occurred six weeks before travel. Research from 2011 found that flights booked during this period were about 6% cheaper, even higher than the discounts the year before. A recent CheapAir.com study found that booking flights seven weeks in advance will result in the best deals. Gary Leff, a blogger who investigates air tickets, said airlines do not offer discounted tickets early or use miles to redeem cheaper tickets, but also decide based on the date and time of travel. If you want to use flight miles to buy air tickets, you may have to wait 6 to 9 months in advance.

(2) Do I need to pay extra for insurance when renting a car for travel?

The car rental company may recommend purchasing additional insurance to provide comprehensive compensation in the event of an accident, damage or theft. Experts advise not to be scammed, as you may already have comprehensive car insurance coverage. Many car insurance policies also cover rental cars, but the details may vary. Therefore, before traveling, you can contact your insurance company to make sure you have coverage. Even if your car insurance doesn't cover it, various credit cards now offer car rental insurance services. When renting a car, you usually have to pay with a credit card. In most cases, credit card insurance coverage is not comprehensive, and you may still have to file a car insurance claim.

Therefore, before you go out, you can check your credit card’s coverage.

(3) Can I get a better exchange rate by paying in cash overseas?

In other overseas countries, converting US dollars into local currencies for shopping does not mean that you can avoid currency transaction fees. On top of that, currency conversion rates vary from day to day, and in general, the smartest thing to do is to try to use a credit card when traveling overseas. Some credit cards in the United States provide purchase protection. If you find that the goods are broken or there is a problem with the transaction amount, you can cancel the credit card transaction. According to the survey, the currency exchange rates provided by credit card companies are about 8% cheaper than the currency exchange rates of major U.S. banks, and about 16% cheaper than the currency exchange rates of major airports. However, you want to make sure that the credit card does not charge an additional 3% foreign transaction fee.

(Thursday) Buying the cheapest air tickets on Tuesday night?

It's an ongoing legend, says consumer advocate Christopher Elliott, noting that the best airfare deals can be found online every Tuesday at midnight. Two recent studies find that's not the case. Researchers at Texas A&M University bought tickets for the same flight on different days of the week and found that it was about 5% cheaper to buy tickets on the weekends. However, CheapAir.com's research came to a different conclusion, finding that there was no particular day when airfares were significantly lower.

(5) Duty-free shops are the cheapest?

The reality is that when many travelers hang out or kill time at the airport, they will always find that the prices of perfume, sunglasses, chocolates, etc. in duty-free shops are cheaper. In fact, many products are not so affordable. Of course, you don’t have to pay taxes in regular stores, but many times, the prices of goods in duty-free stores are higher than those in regular stores. Esquire magazine conducted a price comparison survey on duty-free shops and found that there are indeed good discounts on wine and cigarettes. However, perfumes, jewelry, etc., are sold more cheaply in retail stores.