KUALA LUMPUR: Malayan Banking Bhd (Maybank) together with Singapore Airlines (SIA) and American Express have launched a new co-branded travel card, the Singapore Airlines KrisFlyer American Express platinum credit card.
The bank said cardmembers can earn miles and gain exclusive access to travel, shopping, dining, golfing, entertainment benefits and more.
Maybank said the card, targeted at customers who value experiential luxury, the Singapore Airlines KrisFlyer American Express Platinum Credit Card offers cardmembers the opportunity to earn KrisFlyer miles at attractive rates for everyday retail and online spending.
“Cardmembers can earn 1 KrisFlyer mile for every RM2 spent on purchases made online or overseas, while local retail transactions will earn 1 KrisFlyer mile for every RM2.50 spent.
“In addition, exclusive rewards are extended to cardmembers which includes up to five Plaza Premium Lounge visits per year, dining deals at Marriott Bonvoy Malaysia and Shangri-La KL restaurants, complimentary green fees at golf courses around the world, and more,” it said.
Maybank senior executive vice president and head of cards B. Ravintharan said the introduction of this card is timely and complements those with a jet-setting lifestyle.
“We noticed a significant jump in travel-related spending in 4Q 2021, which grew three-fold from the previous quarter. Consumers are also becoming more online-savvy and this contributed to an increase of 30% in e-commerce spending in 2021 compared with the year before.
“With various propositions for the rising affluent segment, the Platinum card is designed to enrich the lifestyle of cardmembers who are travel enthusiasts.”
To reward its customers, Maybank is launching the ‘Time to Travel’ campaign for new and existing cardmembers. From now until July 31, 2022, five customers will have the opportunity to grab the Grand Prizes worth a total of 1 million KrisFlyer miles, while 50 lucky customers will get the chance to win a TUMI luggage each.
For more information, visit maybank.my/sia.