Cancelon experience

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Would you recommend Cancelon for travel bookings? Is it reliable?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

Cancelon is a service which links people who have unused hotel reservations but aren't able to get a refund (because the conditions of their trip cancellation insurance weren't met, for example) with travelers who are willing to buy the unused reservations at a discounted rate. This allows people whose travel plans have changed to recover some of their money, while travelers benefit from cheaper hotel stays.

When you use this type of portal to make hotel reservations, it is a good idea to contact the hotel in question directly after you recieve the booking confirmation to confirm whether the change to the reservation was in fact made.

It is also important to understand that you are buying the reservation from a private individual and not from a hotel. If for some reason you have to cancel your trip, you may have difficulty claiming a benefit for your hotel stay from your trip cancellation or trip interruption insurance because the original booking was not made in your name.

Booking through travel portals which are not registered in Switzerland comes with increased risk because foreign service providers are not subject to Swiss consumer protection laws.

Best regards from Moneyguru

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Free bank account

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  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

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