Chicago – Citi Retail Services today announced a long-term agreement with Shell Oil Products US to continue to provide a suite of private label and cobrand credit cards to customers in the United States.
Citi Retail Services is one of North America's largest and most experienced retail credit solution providers, helping retailers grow through private label and cobrand card programs, retail industry insights, transaction data analytics, and fully integrated marketing and loyalty programs.
"Citi Retail Services has worked closely with Shell for 19 years, and we are excited to continue to work hand-in-hand with this iconic brand," said Doug Krapcho, Head of Partnership Management. "We look forward to leveraging our industry knowledge, analytics and product capabilities to bring innovative offerings to Shell customers in the years ahead."
Among the credit card options that Citi will provide is the Shell Drive for Five® Card, which offers customers that purchase fuel at Shell branded stations across the US the opportunity to save 5 cents per gallon on every fuel purchase with no minimum purchase requirements and no maximum savings cap. Cardmembers may earn additional savings if they enroll in Fuel Rewards.
"We have a long history of working closely with Citi Retail Services," said Chris Suess, General Manager Payments North America at Shell. "We look forward to what this renewal will bring for our customers across the United States."
Citi, the leading global bank, 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.
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Shell Oil Company is an affiliate of Royal Dutch Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. In the U.S., Shell operates in 50 states and employs more than 20,000 people working to help tackle the challenges of the new energy future.