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Shell Launches Saver Card Based on Electronic Check

Tags » ACH, Card Reward Programs, Checking Accounts, First Data Corp., Private Label  » Comments (1)

Shell Oil Products US has announced it has launched the Shell Saver Card - saying it is "the first gasoline retailer to make an electronic check payment method available to consumers nationally. This latest Shell payment option provides consumers with a convenient way to pay for purchases with a direct link to a checking account and savings on each gallon of fuel pumped at Shell stations."

The Shell Saver Card is a non-credit payment product issued to consumers directly from Shell, has no application or annual fees and offers a promotional savings of 5 cents per gallon on Shell gasoline or diesel purchases until June 1, 2009 and 2 cents per gallon thereafter. Because the card is linked to a checking account, it offers the added advantage of no impact on consumer credit scores, especially important to consumers who wish to avoid using credit. Consumers who apply for the Shell Saver Card must have an active checking account in good standing to qualify.

"We are pleased to be able to offer the Shell Saver Card to consumers at a time when saving, budgeting and managing credit can be very key to personal financial health during this challenging economic cycle," said Elizabeth Hudson, US Consumer Cards, Shell Oil Products US. "This is a timely payment solution and also continues our commitment to helping consumers lower the cost of driving without sacrificing the quality of their fuel."

The Shell Saver Card can be used at Shell-branded stations for any purchases except lottery tickets. However, the discount applies only to gasoline and diesel purchases. Consumers interested in obtaining a Shell Saver Card may pick up an inactive card at a Shell-branded station to start the online application process at http://www.shellsavercard.com.

All Shell Saver Card transactions will be routed through the Shell network and payment processor First Data using First Data's TeleCheck(R) check verification services. The Shell family of payment options is designed to provide a solution to all financial needs and includes the Shell Platinum MasterCard, Shell Gasoline Card, Shell Gift Card and the Shell Refillable Card.

For more information about the Shell Saver Card and the Shell family of cards, visit http://www.shellsavercard.com and http://www.shell.us/cards.



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