Was really really really (in case u didn't know that i was "really") happy to see a new initiative from Shell & Citibank to work on a Co-Brand card to benefit us consumers.
Prior to this UOB launched their co-brand with BHP Petrol, but i've been an ardent fan of Shell Petrol and was also banking on getting my points up for Bonuslink. So after a long decision and wait for a few months, I actually switched loyalty from Shell to BHP Petrol because i could get a 2.5% rebate using the UOB Card.
So when I saw the ad in the news today ... YAY!! Happiness!!
Gave a call to Citibank to get the "finer details" and here they are.
To enjoy the 5% Rebate from Shell, you need to have a minimum opening Balance of at least RM4000 in your credit card account. Which means they want you to switch your spending to your Credit Card if you are a Cash user, and they want you to spend using only this Credit Card instead of the other 3 credit cards in your pocket. :)
Breaking It Down
Spend Above RM4000
5% Rebate for Shell Fuel
1.5% for Non Fuel purchases
Spend below RM4000
2.5% Rebate for Shell Fuel
0.75% for Non Fuel purchases
So, Therefore, In Other Words, Which Means ...... they are offering a similiar programme with UOB Credit Card/ BHP Petrol, But just that they have an added incentive that if you do spend more than RM4000 a month on this card, you can double your savings on your Shell Petrol!!
When I asked the Customer Service if I can still collect Bonuslink Points, she said she didn't know the answer. But i think Bonuslink is a separate entity, so we should still get our Bonuslink Points with Shell!! :)
AND if you are a current Visa Credit Card holder with Citibank, you might as well just read another Blog, cos this offer is only for Citibank Visa cards only!! Too bad!!
* Blog Update *
Two LINKS you will need
Shell Citibank Credit Card - online
If you sign up online, you can get a RM50 rebate and in addition buy a HP Compaq Persario PC for RM290 or HP Compac Notebook for only RM799!! Cheap Cheap!!
Download Application Form - here
Additional Reporting . .
Citibank Bhd expects to draw 100,000 new customers in the next 12 months through its latest Shell Citibank credit card.
The card, aimed at helping consumers cut down on fuel costs, will offer rebates of up to 5% on fuel purchases at Shell stations and up to 1.5% for other purchases at Shell and selected merchant outlets.
“In 2006, there were over 400,000 new cars registered in Malaysia and the price of fuel has increased over the last two years.
“To help lessen the burden of Malaysian motorists, Citibank and Shell have came up with a real way to save on fuel costs in the form of the Shell Citibank credit card,” said Citibank country business manager Michellina Triwardhany at the launch of the card yesterday.
Customers will be entitled to double rebates during the 60-day promotional period that started yesterday.
... more News