Payday Flash Sale with 0% Instalments, Free Road Tax to Support Malaysians During Fuel Subsidy Uncertainty

9 June 2025

KUALALUMPUR: As Malaysians wait with bated breath for updates on the fuel subsidy reform, homegrown insurtech PolicyStreet is stepping in to offer a reassuring boost amid the prevailing financial uncertainty. Between 24 and 25 June, from 11 AM to 1 PM, Malaysians will have the opportunity to enjoy free road tax (capped at RM177) during a special two-hour Payday Flash Sale, linked to its Drive+ Membership. This timely initiative aims to help ease the costs associated with car ownership as concerns over rising fuel prices continue to mount.

"Everyone's feeling the pinch. With the fuel subsidy reform in limbo, there's a lot of anxiety about what the future holds for petrol prices. We can't influence the price at the pump, but we can offer Malaysians a smarter way to manage their vehicle-related expenses. That’s what this flash sale is all about," said Yen Ming Lee, Co-founder and Group Chief Executive Officer of PolicyStreet.

To benefit from the RM177 road tax rebate, customers need only purchase PolicyStreet’s Drive+ Membership for just RM9.90 (the usual retail price is RM99.90) during the flash sale period via PolicyStreet’s official car insurance renewal platform, car.policystreet.com. The membership unlocks a range of practical benefits, including a flexible 0% Easy Payment Plan to split insurance premiums over three, six, or twelve months, free handling of road tax renewal valued at RM15, a RM20 voucher for their next insurance renewal, priority support for renewals and insurance enquiries, as well as step-by-step guidance to streamline the claims process.

The Payday Flash Sale is open to all car owners, regardless of make or model. Whether driving a dependable Perodua Myvi or a stylish Honda City, PolicyStreet’s promotion ensures that everyday drivers can enjoy smarter savings on both insurance and road tax renewal.

"The Drive+ Membership was designed to ease the burden of rising living costs for the millions of Malaysians who rely on their cars to commute, work, and care for their families. In these uncertain times, this is our way of saying: you still have options. Whether you’re driving a compact hatchback or a continental badge, we want every Malaysian to know they deserve reliable protection," added Yen Ming.

To take advantage of the Payday Flash Sale benefits, users are encouraged to obtain a quote in advance and complete their purchase during the promotional window. Those with car insurance due to expire within the next two months should submit their details early to ensure they are ready to check out as soon as the sale begins—no need to wait for a quote when time and savings are of the essence.

For those whose renewals are not imminent, obtaining a quote during the flash sale will allow you to lock in the offer for future use. With limited slots available on a first-come, first-served basis, early registration will maximise your savings when every ringgit counts.