Rebate Credit Card Triples Rewards to New Members
Written by CardRatings.com
Posted On: November 15, 2005
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In an effort to attract new card members, Shell MasterCard is offering a limited time promotion to new cardholders. Through January 15, 2006, new approved card members will receive triple rebates on purchases made for the first sixty days from the account open date.
New card members will also earn triple rebates on the first $100 spent at Jiffy Lube per day and on Shell gas purchases. Since the normal rebate for Shell gas and Jiffy Lube purchases is 5%, the effective promotional rebate is 15%. To illustrate, at an average price of $2.35 per gallon of gasoline, new card holders will receive a rebate of $.35 (15% instead of 5%) when using their Shell MasterCard for gasoline purchases.
After the 60 day promotion period, Shell MasterCard cardholders receive the following ongoing benefits:
- A 5% rebate is earned on Shell gasoline purchased with the Shell MasterCard.
- A 5% rebate is earned on the first $100 spent at Jiffy Lube per day.
- A 1% rebate is earned on all other purchases made with the Shell MasterCard.
- No annual fee for the first year. After the first year, the annual fee is waived when nine or more Shell gasoline purchases are made with the card during the previous year.
- All rebates are automatically redeemed as a statement credit toward future Shell gasoline purchases made with the Shell MasterCard.
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For more information about the Shell MasterCard, please visit the Card Reports section of CardRatings.com.
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