Save Money by Applying for Your Passport Renewal Early

Save Money by Applying for Your Passport Renewal Early

In this economy, every penny counts. So, it's understandable that you might look askance at the Department of State's recommendation to renew your passport at least 9 months ahead of time. After all, in theory you should be able to get the better part of a year's worth of use out of your existing passport before you have to shell out for a new one, right?

Actually, if you think you might travel within the next months, renewing your passport ahead of time is the fiscally responsible thing to do. Here are 4 reasons why:

Some Countries Require It

Just because your passport hasn't expired yet, that doesn't necessarily mean you can travel with it. Some countries simply won't let you in if your passport expires in 6 months or less. If you try to travel on a soon-to-expire passport to one of these countries, one of two things will happen: Either the airline will refuse to allow you on the plane to leave the US, or once you get to your destination, you'll be shipped right back at your own expense.

Passport Processing Takes Time

Passport processing times vary depending on how many applications the Department of State has on their hands at any given time. However, as a safe bet, you can count on waiting at least 6 weeks for your application to be processed if you apply with normal processing.

Cancellation Fees Are Expensive

If you don't have your passport in time for a scheduled trip or your passport's expiration date doesn't pass muster with the immigration authorities at your destination, you will be in world of hurt financially. Consider the costs of re-booking flights and accommodations, plus any lost deposits, and you'll see why it makes sense to apply for your passport renewal before you even have travel plans.

Expediting Costs More

If you're in a hurry, you can expedite your passport renewal to avoid having to pay to reschedule your trip. But, it'll cost you. The Department of State's expedite fee is $60 per application, and if you need to use a private passport expediting service, you'll spend even more.

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