Chase and Shell Enhance the Shell MasterCard Reward Structure.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and HOUSTON--(BUSINESS WIRE)--May 19, 1998-- -- Giving Cardholders More Purchasing Power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. and Unlimited Free Shell Gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by -- The Shell MasterCard from Chase has just become an even better deal for those who want to earn free Shell gasoline. As of June 1, the cap on rebates will be eliminated on gasoline and non-gasoline purchases made with the Shell MasterCard, and cardholders will have no limit on the free Shell gasoline they can earn. Responding to customer feedback and market research, Chase and Shell have increased the rebate on Shell gasoline purchases to 5%. The card also offers a 1% rebate on other Shell MasterCard purchases. "The Shell MasterCard gives its customers a quicker and easier solution to their purchasing needs," says Sam Morasca, Shell vice president of marketing and brands management. "The Shell MasterCard offers more value, and makes a greater commitment to our customers' needs," Mr. Morasca said. "The Shell MasterCard's new reward structure provides our customers with added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The Shell MasterCard from Chase is the largest gasoline co-branded credit card in the market. Over $300 million in rebates have been earned by cardholders since the card's inception. In addition to earning rebates by using the card at participating Shell retail outlets retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → , the card is accepted virtually everywhere worldwide. The Shell MasterCard from Chase can be used at more than 15 million stores, restaurants, hotels and other locations worldwide, and these transactions also earn valuable rebates. It also offers cash access at over 728,000 banks and ATM locations worldwide, and features a dedicated 24-hour customer serviceline. To apply for the card, customers may call 1-800-FREE-GAS. Chase's credit card portfolio has more than 20 million accounts and over $30 billion in outstandings. Chase is the fourth largest bank card issuer in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and its joint venture with First Data Corporation is the largest merchant processor in the U.S. Chase has assets of over $365 billion. Chase provides integrated solutions that meet its customers' payment, savings, investment, insurance, credit and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against needs. It has relationships with more than 30 million consumers coast to coast. For all those who work hard to achieve or sustain a good life in a world of enormous opportunity and challenge, Chase is the complete financial resource and ally that makes life easier. Shell is the number one selling gasoline in the United States, sold through more than 10,000 Shell branded stations nationwide. CONTACT: Chase Judy Miller Judy Miller refers to:
or Shell Media Line, 713/241-4544 |
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