Synchrony, a premier consumer financial services company, and Phillips 66 Company, a diversified energy manufacturing and logistics company, announced an extension of their nearly 10 year financing collaboration. As part of the extended agreement, Synchrony is offering Phillips 66®, Conoco® and 76® credit cardholders more ways to earn rewards and more places to use the card.
Synchrony recently upgraded Philips 66, Conoco and 76 consumer and Aviation branded cardholders to include Synchrony Car CareTM in April 2021. The cardholders will receive several new benefits, including improved cardholder rewards, enhanced security, promotional financing, and the ability to make purchases anywhere across Synchrony’s vast network of more than one million automotive merchants in the U.S.
Consumer Phillip 66 branded credit cardholders will now save on every gallon purchased with a Phillips 66, Conoco, 76, and Phillips 66® Aviation credit card. Cardholders will save at least $0.03/gallon via a price reduction on card swipe transactions at branded locations. They will save at least $0.05/gallon on transactions through the My Phillips 66, My Conoco and My 76 Mobile App. Cardholders can add card savings in these apps with other mobile wallet promotions to provide even greater savings.
The new Phillips 66, Conoco and 76 branded cards will include an enhanced EMV chip, offering increased security and will provide access to more than 500,000 ATMs nationwide through the PULSE® Network. Cardholders may use their new cards to make purchases at more than one million auto-related merchant locations nationwide in the Synchrony Car Care network. Cardholders will automatically qualify for deferred interest promotional financing for the first six months on purchases of non-fuel goods and services costing $199 or more.
“Our consumers’ experiences with their Phillips 66, Conoco and 76 branded credit cards are very important to us,” said Rod Palmer, general manager, Branded Marketing, Phillips 66 Company. “We value our long-standing relationship with Synchrony and extending it makes perfect sense. Adding a new layer of tightened security, access to a huge network of ATMs nationwide, and the financing options available with Synchrony Car Care will help enhance our cardholders’ satisfaction and brand loyalty.”
Since Synchrony rebranded CarCareONE as Synchrony Car Care in 2017, the dedicated payment solution has grown exponentially – from 25,000 to more than 1,000,000 automotive merchant locations nationwide. During the past four years, the no-annual-fee, zero fraud liability credit card quickly became a preferred payment option for consumers’ car care needs as Synchrony broadened its network of in-store and online automotive merchants. Synchrony also consistently added new categories, benefits, and promotional financing offers to the consumer financing program.
Synchrony Car Care allows Phillip 66, Conoco and 76 branded credit cardholders to pay for everything their car needs to stay on the go. In addition to more traditional purchases like gas, parts and service, tires, and oil changes, customers may use Synchrony Car Care for parking, car washes, public transportation, car rentals, rideshare, tolls, auto insurance, and much more.
“Synchrony is proud to deepen our relationship with Phillips 66,” said Curtis Howse, CEO, Payment Solutions, Synchrony. “Nearly half a million loyal customers use the Phillips 66 credit card and we look forward to offering them enhanced benefits and services to help with all their automotive needs.”
