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Malta is paying some travelers to go on holiday this summer

April 12, 2021
2 min read
Malta is paying some travelers to go on holiday this summer
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After planning to lift most travel restrictions related to COVID-19 by June 1, Malta is now looking at ways to revive its tourism industry.

In light of doing that, Malta plans to offer incoming tourists a handout of up to $238 when they book a local hotel through the hotel website for a minimum of two nights, Tourism Minister Clayton Bartolo announced last week.

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The total compensation offered to a traveler is determined by the hotel’s ranking. Where a five-star property will get you the full 200 euro, a four-star hotel will get you 150 euro (about $179) and a three-star hotel will get you 100 euro (about $119). The compensation can be upped an extra 10% by booking a hotel on the Maltese island of Gozo, just north of the main island, according to Reuters.

Malta plans to reopen to fully vaccinated Britons as of June 1, with their vaccination card as proof. It's possible that the country could reopen to American tourists in the not-too-distant future.

There was never a better reason to splurge at Malta’s recently renovated InterContinental Hotel (Photo courtesy of the hotel)

When looking at vaccination levels, Malta is one of the safest EU countries to plan travel to. It’s already given at least one dose of a vaccine to 42% of adults as of last week. Given the successful vaccination program, Malta ranks as one of the highest in the EU in terms of overall vaccination levels. The positivity rate, reflecting the number of tests returning a positive result, has fallen to a low 2.6%.

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Related: What does the ‘traffic light’ travel announcement mean for my summer holiday?

Malta has been steadily relying on tourism as an important source of income, directly and indirectly accounting for more than 27% of the Maltese economy. In 2020, visitor numbers fell by more than 80%. Malta’s Tourism Authority is aiming to benefit some 35,000 travelers with this scheme.

Featured image by Small boats with passengers and natural rock formations of Blue Grotto, on southeast coast of Malta. Every day from sunrise until about 1 pm a unique sight can be observed here: location of cave combined with sunlight lead to water mirroring showing numerous shades of blue. Several caverns mirror brilliant phosphorescent colours of underwater flora; other caverns show a deep dark shade of blue. Popular destination for tourists with boat trips to visit caves, scuba diving snorkeling and rock climbing being most popular activities here. (Photo by Barry Winiker/Getty Images)
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
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Best premium travel card for value
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards Rate

10xEarn 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.
5xEarn 5x total points on flights through Chase Ultimate Rewards®.
3xEarn 3x points on other travel and dining.
1xEarn 1 point per $1 spent on all other purchases
  • Intro Offer
    Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®

    80,000 bonus points
  • Annual Fee

    $550
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    740-850
    Excellent

Why We Chose It

If you are looking to take your premium rewards to the highest level, this card is really a no brainer in our eyes. Chase's Ultimate Rewards make points easy to redeem, with a wide range of 10 airline and three hotel transfer partners and a friendly user interface. Despite the high annual fee, Chase is consistently adding new benefits to keep the card competitive in a fierce premium rewards field.

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards hotel and airline travel partners
  • Unlimited 3x points on the broad category of travel and dining
  • 50% more value when you redeem your points for travel through Chase Ultimate Rewards®
  • Broad definitions for travel and dining bonus categories

Cons

  • Steep $550 annual fee
  • May not make sense for people that don't travel frequently
  • You must spend the $300 travel credit before earning 3x points for travel and dining
  • No automatic hotel elite status
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,200 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,200 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more