Banking giant Citi and ExxonMobil have announced an extension of their long-standing credit card relationship, the companies said in a news release Tuesday (Feb. 1).
The two companies say the extension is an upgrade of the existing ExxonMobil smart card called the “ExxonMobil Smart Card+.”
The card provides cardholders in good standing with instant savings at the pump with up 12 cents per gallon on Synergy Supreme+™ premium fuel and 10 cents per gallon on other Synergy™ fuel grades at Exxon and Mobil stations.
In addition, card members can get 5% back as a statement credit on in-store purchases and car washes at Exxon and Mobil outlets for the first $1,200 they spend on non-fuel purchases each year.
“We are excited to launch an enhanced Exxon Mobil consumer credit card alongside Citi Retail Services,” said Yan Cote, ExxonMobil marketing consumer offer manager. “We continuously evaluate our branded programs and saw an opportunity to bring consumers more savings on everyday purchases at Exxon and Mobil stations. Citi Retail Services has been a valued partner who shares a vision of innovation and providing significant benefits to cardmembers.”
Adds Leslie McNamara, business head, partner management, Citi Retail Services: “Starting with the new credit card launching today, we will continue to work closely with ExxonMobil to provide value and drive increased loyalty among new and existing customers.”
Read more: Citi Retail Services, ExxonMobil Enable Users To Apply For Credit From Speedpass+ App
Citi and ExxonMobil’s partnership goes back 15 years. Five years ago, the two companies expanded the partnership to allow prospective cardholders to apply for cards directly through the ExxonMobile Speedpass+ mobile app.
Read more: Brooks Brothers Extends Credit Card Alliance with Citi
Tuesday’s announcement comes just days after Citi announced an extension of its credit card relationship with clothing retailer Brooks Brothers to promote omnichannel payment options.
“This agreement signifies our shared commitment to innovation and creating next-gen commerce solutions that will drive growth and engagement within an increasingly interconnected physical and digital landscape,” McNamara said at the time.
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