Making a payment plan on Ticketmaster can be a great way to pay for tickets over time rather than all at once. Ticketmaster offers payment plans for many events, allowing you to split up the cost into multiple installments. This can make tickets more affordable, especially for high-demand and expensive events. Here are some key things to know about setting up a Ticketmaster payment plan.
What events offer payment plans?
Many major concerts, festivals, and sporting events on Ticketmaster offer the option for payment plans. This includes events like NBA games, NFL games, music festivals, Broadway shows, and more. Generally, any event with high-demand and expensive ticket prices will likely have payment plans available.
Ticketmaster specifies which events offer payment plans on the event page. When selecting tickets, you’ll see the option to “Pay over time” if a payment plan is available. The details of the payment schedule will be shown, such as how many installments, when payments are due, fees involved, etc.
How do I set up a Ticketmaster payment plan?
Setting up a payment plan on Ticketmaster is straightforward. Simply follow these steps:
1. When purchasing tickets to an event with payment plans, select the “Pay over time” option.
2. Enter your personal details including name, email, and billing address.
3. Select your preferred payment schedule from the options available for that event. This will show you how many installments, when payments are due, and any fees.
4. Enter your credit card or debit card information. This card will be processed for each scheduled payment.
5. Accept the Terms of Use and click “Submit” to complete the payment plan setup.
6. Ticketmaster will review and approve your payment plan. Once approved, your tickets will be confirmed and your payment schedule will be set.
When will payments be processed?
Payments are processed automatically according to the schedule you select when setting up the payment plan. This means you don’t have to manually make each payment, as Ticketmaster will charge your card on file on the due dates.
Payment plans tend to be split up with the first payment due immediately, and subsequent payments processed monthly or weekly until the ticket purchase is paid in full. Make sure you have enough balance on your card for each scheduled payment to avoid declined transactions or cancellations.
Can I pay off my plan early?
Yes, Ticketmaster allows you to pay off your payment plan early and in full if desired. There are no early repayment fees.
To do so, log into your Ticketmaster account and access your upcoming events. Find the event with the payment plan and select “Pay Now” to process the remaining balance all at once. This will cancel any future scheduled payments.
The Benefits of Ticketmaster Payment Plans
Using Ticketmaster’s payment plan option for events has several advantages:
More affordable tickets
Dividing a ticket purchase into 3 or 4 installments makes the cost more budget-friendly. Rather than paying $400 all at once, you may pay $100 over 4 months. This lightens the financial impact.
Locks in tickets
With high demand events, tickets may sell out quickly. A payment plan secures your tickets even if you can’t pay the full price upfront. You get peace of mind knowing you’ll have tickets.
No interest or fees
Ticketmaster payment plans do not charge interest. The only fees relate to processing, which are usually under $10 in total. Much more affordable than credit card interest.
Auto-payments
You don’t have to remember to manually make each installment payment, as Ticketmaster processes payments automatically per the schedule. One less thing to keep track of!
Flexibility
Plans can work with your budget. Options typically include 2-6 installments over 2-6 months. You can find the term that fits your finances.
Downsides to Be Aware Of
While payment plans allow more flexibility, there are a few downsides to note:
Tickets are non-transferrable
You cannot transfer tickets to someone else if bought via payment plan. The original purchaser must attend the event.
No plan modifications
You cannot alter the payment schedule after setup. If a payment date doesn’t work for you anymore, you’ll have to pay the remaining balance early.
Possible payment issues
If your card is declined or invalid when an automated payment is processed, your plan may be cancelled or late fees charged. Stay on top of card expiration dates and account balances.
Higher overall cost
With processing fees, the total ticket price will be slightly higher compared to paying in full upfront. Be sure to factor this in.
Who Should Use a Ticketmaster Payment Plan?
Payment plans allow flexibility, but aren’t ideal for everyone. Here are some cases where a payment plan could be useful:
Cost-conscious consumers
If you’re on a strict budget, splitting costs over 2+ months is easier to manage than a lump sum. Payment plans help you afford tickets.
Occasional big event attendees
For a mega event like the Super Bowl or music festival, prices are steep. Payment plans let you splurge on a major once-in-a-lifetime event that would normally be cost-prohibitive.
Families with multiple ticket needs
For a family of 4, paying for all tickets at once could be difficult. Installments make it easier to cover the whole family’s event access.
New credit card holders
Those new to credit could use payment plans to build history and manage utilization without maxing out cards.
Who Should Avoid a Ticketmaster Payment Plan?
On the other hand, payment plans may not be the best option in these cases:
Anyone wanting ticket flexibility
You can’t transfer or resell tickets from a payment plan. Only original purchasers can attend.
People who tend to miss payments
If you frequently miss credit card payment due dates, a Ticketmaster plan with its rigid schedule may be risky. Missed installments could result in fees or cancellations.
Quick shoppers
Payment plans require an extra signup step. If you want to check out fast during a high-demand sale, single payment may be better.
Anyone with bad credit
Payment plans require a credit card on file. Those without good enough credit to qualify for a card can’t use this option.
Top Tips for Managing Your Payment Plan
Follow these tips to stay on track with your Ticketmaster payment plan:
Carefully review the details upfront
Be sure you understand the full terms, all dates, and total costs before completing plan setup. Don’t gloss over the fine print!
Add due dates to your calendar
As soon as your plan is set, add each payment date to your calendar so you remember when charges will process.
Keep your card info updated
Log into your Ticketmaster account to update new card numbers, expiration dates, etc. This prevents declined payments.
Pay early if you can
When possible, pay off the remaining balance early to reduce total fees and avoid missed payment worries.
Contact support if you fall behind
If you do miss a payment, reach out to Ticketmaster support right away to discuss options before your order is cancelled.
The Bottom Line
Ticketmaster payment plans allow you to buy tickets now and pay the amount due over time in automated installments. This makes tickets more affordable by splitting costs across anywhere from 2-6 months typically. Plans are available for high-demand events with expensive ticket prices, and offer benefits like locking in tickets and no interest. Just be aware of limitations like non-transferrable tickets and potential fees if payments fail. Overall, payment plans are best for those wanting to budget for a special event or manage large family ticket purchases.
Frequently Asked Questions
What are the fees for a Ticketmaster payment plan?
Fees are typically around $5-$10 in processing fees spread out over the payment installments. There is no interest charged.
Can I use a payment plan for group ticket orders?
Yes, you can purchase group tickets via a Ticketmaster payment plan. The tickets will all be linked to your account as the payment plan owner.
What payment methods can I use for a payment plan?
Ticketmaster payment plans require a credit or debit card on file. You cannot use alternative payment methods like PayPal.
What happens if my card is declined for an automated payment?
Ticketmaster will attempt to process the payment multiple times. If still declined, you may incur late fees or have your order cancelled.
Can I cancel my payment plan?
Yes, you can cancel your payment plan at any time. However, you would need to pay the remaining balance immediately and may forfeit processing fees already paid.
| Payment Plan Term | Number of Installments | Months |
|---|---|---|
| Short-Term | 2 installments | 2 months |
| Quarterly | 4 installments | 4 months |
| Biannual | 6 installments | 6 months |
This table provides an overview of common Ticketmaster payment plan terms available. Shorter 2 month plans require higher installment amounts, while longer 6 month plans allow smaller installments but spread out the payments. Select the term that aligns best with your budget and flexibility needs.
What events typically offer payment plans?
High-demand, high-cost events like concerts, sports games, festivals, and theater shows tend to offer payment plan options more often. Availability varies by specific event.
Can I use a payment plan for tickets already on sale?
Unfortunately, you cannot set up a new payment plan for tickets already on sale. Plans must be established during the initial ticket on-sale before tickets sell out.
How do I know if an event allows payment plans?
When looking at ticket options, you will see a “Pay Over Time” button if payment plans are available for that event. The details will be shown before confirming your plan.
Conclusion
Ticketmaster’s payment plan feature allows more flexibility when purchasing tickets for big events. By breaking down costs into automatic monthly installment payments, payment plans make tickets more affordable and accessible. This can open doors to concerts, games, and shows you otherwise may miss out on. Just be diligent about monitoring payment dates and card details to avoid issues down the road. Used wisely, a Ticketmaster payment plan enables you to smoothly pay over time for the events you want to experience.
