Danamon Presents "Ramadan Lebih Berkah" to Help Customers Manage Finances Wisely and Plan Ahead During Ramadan

Press Release / 11 March 2025

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Jakarta, 10 March 2025 - PT Bank Danamon Indonesia Tbk (Danamon) is offering a range of product promotions during the holy month of Ramadan, responding to shifts in consumer behavior during this special time. The "Ramadan Lebih Berkah" promo program aims to empower customers to make smarter spending choices, encouraging them to take full advantage of bank promotions in a thoughtful and planned manner to maximize more value throughout Ramadan.

"Ramadan is a sacred moment that changes the consumption and shopping habits of the Indonesian people. We observe a notable increase in spending, particularly for breaking the fast, preparing for Eid, and traveling home (mudik). Through the 'Ramadan Lebih Berkah' program, Danamon aims to assist customers in managing their finances more prudently and with careful planning, allowing them to maximize the value of every rupiah spent," said Ivan Jaya, Consumer Funding & Wealth Business Head of PT Bank Danamon Indonesia Tbk.

In addition to shifting eating habits, the month of Ramadan also brings significant changes to shopping behavior. Data from InMobi & Glance shows that 40% of Indonesian consumers begin their shopping preparations as early as two weeks before Ramadan. Furthermore, a report from Ipsos indicates that individual spending during Ramadan increases by up to 1.6 times compared to regular months. In response to this trend, Danamon is offering a variety of programs designed to meet customer needs throughout Ramadan, including dining promotions, online transaction deals, and travel-related offers.

Dining Promos, Cashback Offers, and Convenient Online Transactions with 0% Installments

The 2023 JakPat survey reveals that 87.3% of people plan to attend breaking-of-the-fast events with family and relatives during Ramadan. In response, Danamon is offering a variety of dining promotions through its Danamon debit cards, credit cards, and charge cards. Some of the exciting promos available include:

• 15% off at Bottega Ristorante (Jakarta)
• 20% off at Cafe Gran Via (Jakarta)
• 20% off at Gyu-Kaku (Greater Jakarta, Bali, Semarang, Bandung, Surabaya, Malang, Jogja, Palembang)
• 20% off at Thai Street (Jakarta, Tangerang, Bekasi)

Recognizing the surge in online shopping during Ramadan, Danamon offers a savings program of up to 50% when using Danamon Debit, Credit, and Charge Cards, along with 0% installments for up to 24 months on purchases made through e-commerce partners. Additionally, for those seeking takjil (snacks for breaking of the fast) while waiting to break their fast, Danamon provides cashback of up to Rp40,000 on every transaction at various favorite merchants using QRIS D-Bank PRO through Danamon Savings and Credit Card funding sources.

Supporting a Smooth and Comfortable Homecoming Journey

Not only do people's consumption and shopping patterns change during Ramadan, but the tradition of going home (mudik) for Eid is also deeply significant for many in Indonesia. According to the latest 2024 survey from the Indonesian Ministry of Transportation, the most common modes of transportation for returning home during Eid are trains at 20.3%, followed by buses at 19.4%, private cars at 18.3%, and motorbikes at 16.07%. Anticipating this tradition, Danamon offers facilities to support customers in their travel preparations. The 0% installment promo for up to 24 months, with a minimum transaction of Rp500,000, is also available for purchasing transportation tickets via Danamon Credit Cards and Charge Cards through e-commerce partners, travel agents, and online travel agencies.

One of the standout product is Zurich Travel Insurance, which offers comprehensive protection for both domestic and international travel. This insurance provides valuable benefits, including Personal Accident coverage of up to Rp1,500,000,000, Medical and Emergency Expenses of up to Rp2,500,000,000, and Baggage and Personal Effects Protection of up to Rp30,000,000. Customers can find more details and learn how to apply by visiting the official Danamon website.

Autocillin insurance, offering both Comprehensive and Total Loss Only guarantees, is another key product designed to ensure a calm and comfortable homecoming journey. This insurance can be enhanced with coverage for risks such as floods, earthquakes, riots, legal liability to third parties, and personal accidents for drivers and passengers. Currently, customers can take advantage of a 20% savings promo on this vehicle insurance, providing even more value and peace of mind during their travels.

For those planning to travel home using private vehicles, Danamon offers the Car Ownership Credit program (KPM Prima & KPM Prima Syariah). Customers can acquire vehicles with special interest rates/margins starting from just 1.89% per year.

In addition to offering protection, Danamon also provides cashback of up to Rp100,000 each month for fuel purchases at Shell gas stations across several cities. Customers can also take advantage of exclusive promotions while on vacation or traveling home at various hotels in Indonesia, including Sango Group Hotel, Gran Melia, Best Western Hotels, Menara Peninsula Hotel, and many more.

For customers planning to travel abroad during the Ramadan and Eid period, Danamon offers convenience through the Danamon Lebih PRO Savings. This savings account provides foreign exchange transactions with highly competitive rates via the D-Bank PRO app. If customers find a more competitive rate from another bank, Danamon will match it up to 5 times. Additionally, the account offers 12 currencies in one savings (IDR, USD, AUD, NZD, SGD, EUR, GBP, JPY, CNY, HKD, CAD, SAR), making it easier for customers to manage international transactions.

"Through the series of 'Ramadan Lebih Berkah' programs, Danamon is committed to helping customers experience Ramadan with financial intelligence. By taking advantage of the various attractive promos we offer, customers can maximize their spending, allowing them to focus more on the spiritual aspects of this holy month while maintaining a balanced financial approach," said Ivan.

With the support of Danamon's comprehensive financial solutions, it is hoped that the public can experience a more solemn and meaningful Ramadan, while maintaining their financial well-being. This reflects Danamon's commitment as a bank with both local and global networks, continuously evolving into One Financial Group that provides a wide range of financial solutions to meet the diverse needs of its customers.

For more information about the 'Ramadan Lebih Berkah' program, visit bdi.co.id/ramadan. For other Danamon services, customers can visit the official Danamon website at www.danamon.co.id or contact the Danamon Call Center at 1-500-090.

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