Agoda and Mastercard Link Travel Redemptions to Bank Loyalty Programmes

Agoda and Mastercard have partnered to update travel loyalty programmes for cardholders across the Asia Pacific region.

The collaboration connects Agoda’s global inventory of flights and accommodation with Mastercard’s Global Redemption Suite, allowing banks to offer direct, real-time travel redemptions to customers.

Banks connected to Mastercard’s rewards ecosystem can integrate a modular Agoda-powered travel redemption solution into their existing loyalty programmes.

This allows cardholders to redeem points instantly and apply them directly to bookings across Agoda’s global inventory, while banks retain control over the branding and structure of their loyalty offerings.

“By enabling effortless redemption with Agoda, we’re creating a connected ecosystem that delivers convenience and meaningful value at every touchpoint.

Together, we’re shaping a future where loyalty is dynamic, data-driven, and seamlessly integrated into the moments that matter most,”

said Matthew Driver, Executive Vice President, Services, Asia Pacific.

The partnership reflects a broader shift toward more personalised and experience-led loyalty programmes, as banks look to make rewards easier to use and more relevant to different customer lifestyles.

Travel-related benefits are increasingly being prioritised as institutions seek to improve engagement and encourage more frequent redemption.

“Across the industry, many loyalty points still go unused because customers don’t see enough real value or flexibility in how they redeem. By joining forces with Mastercard, we’re helping banks close that value gap with travel rewards that are immediate, intuitive, and genuinely useful.

By embedding Agoda’s interfaces, technology, and global inventory into Mastercard’s solution, cardholders can use their points the way they want, on their timelines, while banks gain a simple, scalable way to modernise loyalty and drive deeper engagement,”

said Damien Pfirsch, Chief Commercial Officer at Agoda.

By linking banks to Agoda’s travel inventory through Mastercard’s network, the collaboration is positioned to support both greater flexibility for customers and measurable outcomes for banks, including higher redemption frequency and increased active card usage.

Featured image: Edited by Fintech News Singapore, based on image by Trend2023 via Freepik