PETALING JAYA: Some Malaysians are willing to splurge while travelling provided they can secure a good deal.
Over the past few years, surveys of spending habits among Malaysian consumers have indicated that while two out of five Malaysians are generally willing to splurge on travel, up to 75% say that their destination of choice is often determined by whether they can secure a good price or special offer.
Even those with credit cards can be somewhat reluctant to use them to splash on a trip due to interest rates.
To help Malaysians turn their dream vacation into reality, Traveloka, a leading online flight and hotel booking platform in South-East Asia, has partnered with Maybank for a special offer.
Maybank credit card holders now have the option of paying for their flights and hotel stays in six-month or 12-month installments at 0% interest when they book through Traveloka.
Many Malaysians have already benefited from this offer, which has inspired them to travel further, longer, and more comfortably.
Beatrice Chiu, 27, said that she learned about Traveloka from a friend.
“I was already planning a trip to New York at the time and was looking for the best price. When I went to the Traveloka website and saw that I could pay in installments, I decided to book there and then,” said the marketing executive.
Chiu added that she would recommend paying for a big trip using the Installment Plan, as it was less burdensome on one’s finances due to the 0% interest.
IT engineer Rizwan Haneef, 33, had already used Traveloka twice before purchasing flight tickets to Ho Chi Minh City using the installment plan.
“Applying for the installment plan isn’t a hassle, especially when you compare the convenience of being able to pay in installments,” he said.
Carrie Chin, 43, who owns her own company, said that having the flexible payment option made paying off a recent family trip to Japan much easier.
“It’s great that you don’t have to worry about paying it all in one lump sum,” she said.
Traveloka’s country manager for Malaysia and Singapore, Halif Hamzah, said there was a demand among travellers for more flexible payment options.
“We often hear people say, ‘I wish I could travel’, so with the installment plans, we hope to make it possible for people to fulfil their travel aspirations, as they can travel first and pay later,” Halif said.
He added that with the upcoming end of the year holiday season, there was a large surge of people planning to travel.
“There’s a lot of spending involved at the end of the year with back to school expenses as well, but with the installment plans, we would like to help lighten the financial burden and allow our customers to treat their families and themselves to a holiday,” Halif said.
Bookings with a minimum transaction of RM500 are eligible for the six-month plan, while the 12-month plan is valid for bookings that are at least RM1,000 in total.
All Maybank credit card holders – AMEX, MasterCard and Visa – are eligible for this scheme.
The payment option is available across all of Traveloka’s platforms, such as the Traveloka app and its desktop and mobile sites.
To learn more about the Maybank 0% Installment Plan, visit https://www.traveloka.com/en-my/promotion/maybank-installment
If you’re planning your year-end holidays already, Traveloka is having a sale right now. Book your holiday from now until Sept 20 to enjoy up to RM155 off flights and hotel stays with the Traveloka Sale-abration.
The offer applies to flights and hotels in Singapore, Thailand, Vietnam, Indonesia and the Philippines.
Check out https://www.traveloka.com/en-my/promotion/sale-abration for more info.