Technology/Services

Sheetz Enhances Credit-Card Rewards

Change increases customer rebates

ALTOONA, Pa. -- Sheetz Inc. and Chase Card Services, the credit-card division of JPMorgan Chase & Co., announced the launch of the enhanced Sheetz MasterCard with blink.

The card features a more robust rewards program called Sheetz Rewards, which includes the ability to earn everyday essentials, such as free gas, food and much more with every purchase, according to the company.

In 2005, the Sheetz MasterCard from Chase became the first co-branded credit card to feature blink, the easy-to-use, contactless payment method that [image-nocss] provides speed and convenience to cardmembers. With the card, Sheetz customers can enjoy an even more streamlined and convenient shopping experience and eliminate the need to sign their payment card receipts for all sales under $25.

In addition to fast, convenient shopping with blink and acceptance everywhere MasterCard PayPass is accepted today, Sheetz MasterCard cardmembers also earn:

a 10% rebate on all Sheetz purchases and 2% rebate for all other eligible purchases for the first 90 days the account is open; thereafter, a 3% rebate on all Sheetz purchases; a 2% rebate on groceries, travel and dining purchases; a 1% rebate on all other eligible purchases; these can be redeemed for $25 gift cards at leading retailers, including convenience-store chains, home-improvement stores, restaurants and more for every $25 in rewards accumulated.

With the Sheetz MasterCard, our customers always come out ahead, said Rich Steckroth, director of business development of Sheetz Inc. Not only do they have a faster, more efficient in-store experience, but they also earn rewards for essential, everyday items.

Chase is proud to partner with Sheetz, which has been an early adopter of contactless technology, said Donna Barrett, retail segment senior director, Chase Card Services. They share our belief that this card is a great way to reward loyal customers and provide them with a speedy, convenient shopping experience.

Sheetz customers can apply for the Sheetz MasterCard with blink at their local Sheetz store, via the Internet or through a toll-free phone number.

Established in 1952 in Altoona, Pa., Sheetz Inc., a family-owned and operated convenience store chains, has more than $3.8 billion in revenue for 2006 and more than 11,000 employees. The company operates more than 330 convenience locations throughout Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina.

JPMorgan Chase & Co. is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The company has more than 140 million credit cards issued. Under the Chase and JPMorgan brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients.

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