In time for peak driving season, Synchrony Financial and Chevron U.S.A. Inc. today announced the new Techron Advantage™ Fuel Credits Program for consumers. Beginning July 1, both new1 and existing personal private label and dual-branded Visa® cardholders can earn additional Fuel Credits on their fuel purchases at nearly 8,000 Chevron- and Texaco-branded stations nationwide. The new Fuel Credits program is part of a multi-year extension signed between Chevron U.S.A. Inc. and Synchrony Financial for Chevron’s personal credit card program.
With both the personal Techron Advantage Credit Card and Visa® card, cardholders can earn 3 cents per gallon in Fuel Credits – every fill-up, every time – at participating Chevron and Texaco stations throughout the U.S.2 In addition to the 3 cents per gallon Fuel Credits, Techron Advantage Visa® cardholders can earn 10 cents per gallon in Fuel Credits when they purchase $300 or more outside of fuel merchants each month, or 20 cents per gallon in Fuel Credits when they purchase $1,000 or more outside of fuel merchants each month.3 Every new cardholder who opens an account between July 1 and September 30 can also earn a promotional offer of 30 cents per gallon in Fuel Credits for the first 60 days from their account open date.
In addition to offering more savings on fuel purchases, all Techron Advantage credit cards feature exclusive cardholder savings throughout the year4, zero fraud liability and the convenience of mobile and online account management. Issued by Synchrony Bank, each new Techron Advantage Visa® Card also includes chip-enabled technology for improved fraud security.
“Customer and cardholder input has been important in developing programs that offer the greater savings and benefits they want most,” said Tom Quindlen, executive vice president and CEO, Retail Cards, Synchrony Financial. “In partnering with Chevron, our focus has been on enhancing value for cardholders, which also helps build continued loyalty.”
The new Techron Advantage name highlights the enhanced card benefits and the continued advantage of the cleaning power of Techron. Techron is Chevron’s unique fuel additive designed to protect engines from harmful deposit buildup that can interfere with performance. Synchrony Financial has worked with Chevron on consumer credit card programs since 2007.
“This is an exciting time to launch a simple yet rewarding value proposition to the marketplace. This new program with Synchrony Financial offers our customers an everyday advantage when they use their Techron Advantage Credit Card to fill up at Chevron and Texaco stations said Glenn Johnson, General Manager of Americas Marketing Sales & Services at Chevron. “We continue to look for competitive and rewarding programs that serve the needs of our customers and retail stations.”
