Citi Cards and ExxonMobil today announced a new rewards program for the ExxonMobil MasterCard consumer co-branded credit card program, which will offer rebates of up to 15 cents per gallon on gas purchased at Exxon and Mobil stores nationwide.
Starting Aug. 29, 2008, those who open a new ExxonMobil MasterCard account by Dec. 31, 2008 will receive a 30-cent-per-gallon rebate on Exxon and Mobil gasoline purchases for the first 60 days, the companies said.
There is no limit on the amount of gas rebates that consumers can earn.
“Citi understands the challenges facing consumers in today’s economic environment,” said Craig Vallorano, executive vice president at Citi Cards. “By working closely with MasterCard and ExxonMobil, we were able to enhance the value proposition of our ExxonMobil co-branded card to deliver a card with strong consumer appeal offering cents per gallon gasoline rebates, allowing consumers to easily calculate their savings, and offering a competitive annual percentage rate with no annual fee.”
“In an effort to offer one of the most competitive programs in the industry, this unique new card differentiates us from the competition and will continue to drive customer loyalty for our Exxon and Mobil locations nationwide,” said Ben Soraci, U.S. retail sales director at ExxonMobil.
Benefits the new ExxonMobil MasterCard credit card provides to cardholders: