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KTC joins Agoda and Mastercard to launch the first co-branded “KTC Agoda Mastercard credit card”

KTC-Agoda-Mastercard sets a goal to reach 150,000 cardmembers within the next five years.

BANGKOK, THAILAND – For the first time, 3 leading organizations: KTC, a Thai credit card distinguished for lifestyle and travel; Agoda, a digital platform, and Mastercard, a global technology company in the payments industry that makes transactions safe, simple, smart and accessible, join forces to launch the “KTC – Agoda Mastercard credit card”, the first co-branded credit card in Asia packed with premium travel privileges. As the travel industry begins to recover, the partnership offers exclusive privileges upon application which include an instant upgrade to Agoda VIP Platinum membership, extra bonus of up to 400 KTC FOREVER points for every 5,000 baht spent via Agoda and a special redemption of only 800 KTC FOREVER points for 100 baht AgodaCash. KTC-Agoda-Mastercard sets a goal to reach 150,000 cardmembers within the next five years.

Mr. Rathian Srimongkol, President & Chief Executive Officer, “KTC” or Krungthai Card Public Company Limited, said, “KTC operates its business strategies by continuously emphasizing the importance of business alliances in order to meet the needs and demands of our members, especially in the travel and tourism industry which is one of our primary businesses. The launch of the first co-branded card in Asia, KTC – Agoda Mastercard credit card, marks an important partnership between 3 companies: KTC, Agoda, and Mastercard. The new credit card will offer value special privileges for hotel, accommodation, and flight reservations as well as other full-service travel and tourism-related services via the Agoda’s digital platform.

“KTC and Agoda have had a longlasting relationship with more than 50 joint promotions throughout the past 17 years. Agoda has always been the leading digital travel platform in Asia. Back when the situation was suitable for travel, the total level of KTC credit card spending under the travel and tourism category was in the top tier which showed that Agoda was also the number one choice for KTC cardmembers. Along with Mastercard’s connections across more than 210 countries and territories, consumers can experience safe, rewarding, and priceless payment experiences for everyday activities through seamless digital transactions. For these reasons, the coming together of the three organizations is considered the perfect combination.

Mr. John Brown, Chief Executive Officer, Agoda explained, “At Agoda, we have always been passionate about making travel easier, and creating partnerships to ensure travelers get the best experience with the widest variety of property options across Thailand and beyond, all at the best possible price. We are thrilled and privileged to partner with KTC and Mastercard in the launch of a co-branded credit card, which will bring even better savings to our customers through a range of loyalty programs and many exclusive deals. Beyond the savings for Thai customers, we are confident this partnership will go some way to help speed up the recovery of the tourism industry in Thailand, by using our collaborative reach to share amazing discounts with those Thais looking to travel again.”

Ms. Aileen Chew, Country Manager, Thailand and Myanmar, Mastercard said, “Mastercard is delighted to partner with KTC and Agoda on this initiative aimed to support the local and international tourism sector in its recovery. As the world adjusts and adapts to the new normal and travel slowly resumes, Mastercard is collaborating with key partners to connect more consumers to travel destinations and priceless experiences all over the world. With Mastercard’s Tap&Go contactless technology now available at Bangkok MRT stations and across public transit throughout 390 cities around the world, local commuters can use the KTC-Agoda-Mastercard Credit Card to experience frictionless travel journeys within the city.”

The KTC – Agoda Mastercard credit card has three card options, including the KTC X – Agoda World Rewards Mastercard, KTC – Agoda World Rewards Mastercard, and KTC – Agoda Platinum Mastercard offering the most exclusive benefits as follows:

Once the KTC – Agoda Mastercard credit card is approved, an instant membership upgrade to Agoda VIP Platinum will be applied.  Earn extra bonus of up to 400 KTC FOREVER points with every 5,000 baht spent via Agoda: 400 points for KTC X – Agoda World Rewards Mastercard credit card, 300 points for KTC – Agoda World Rewards Mastercard credit card, and 250 points for KTC – Agoda Platinum Mastercard credit card. Redeem KTC FOREVER points with a special rate of only 800 points for 100 baht AgodaCash.

Moreover, cardmembers who spend with a KTC – Agoda Mastercard credit card from March 30, 2022, to March 30, 2023, can enjoy the following special promotions:

Earn 3,000 KTC FOREVER points by making two transactions worth 3,000 baht or more at Agoda with the card within 90 days after approval (new customers only). Get 600 baht AgodaCash by making two transactions worth 6,000 baht or more at Agoda with the card within 90 days after approval.

Mr. Rathian adds, “KTC sincerely hopes that this collaboration to launch the KTC – Agoda Mastercard credit card will be well received by members who love to travel. We expect to reach 150,000 KTC – AGODA Mastercard credit cardmembers within five years.”

 

Co-Founder & Chief Editor - TravelDailyNews Media Network | + Articles

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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