ATLANTA -- Citi has announced a multi-year renewal of its long-standing U.S. credit card relationship with Shell. Citi has issued Shell-branded credit cards since 1999.
Citi provides Shell consumer and commercial customers an extensive range of convenient, flexible, and rewarding payment options for their fuel and convenience store purchases. Most recently, Citi and Shell partnered to launch the Shell "Drive for Five" card, the retail petroleum industry's first private label consumer credit card offering everyday gasoline rewards across all grades of fuel.
"Shell [image-nocss] is committed to providing our consumers a wide range of payment options to help them get the most out of every drop of fuel," said Rick Altizer, general manager for Shell's North America Retail Marketing. "Working with Citi to provide friendly payment options like the Shell 'Drive for Five' Card, which can help consumers reduce the price that they pay at the pump."
Citi Retail Partner Cards provides consumer and commercial credit card products and services, for national and regional retailers across the United States. The business services nearly 90 million accounts and consists of managed assets of approximately $45 billion.
"We are thrilled to renew our relationship with Shell, a longstanding client for more than a decade," said Craig Vallorano, executive vice president of partnership management for Citi Retail Partner Cards. "At Citi, we are committed to providing dynamic credit programs to market leaders, like Shell, which has a strong brand and an exceptional marketing network that has supported and executed promotion of the Shell-branded credit card programs at a best-in-class level for years."
Citi, a leading global financial services company based in Atlanta, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
Houston-based Shell Oil Products US, a subsidiary of Shell Oil Co., is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil is an affiliate of the Shell Group. Shell Oil is a 50% owner of Motiva Enterprises LLC, along with Saudi Refining Inc. Motiva refines and markets branded products through approximately 8,200 Shell-branded stations in the Eastern and Southern United States.
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