In the News
Chevron Announces Newly Designed Chevron and Texaco Personal Credit Cards with Enhanced Benefits
SAN RAMON, Calif., April 7, 2008 - Chevron Global Marketing today announced the newly designed Chevron and Texaco personal credit cards offering customers enhanced benefits. In the coming weeks, active Chevron and Texaco cardholders will be reissued the new personal credit cards. In addition to the new card design, Chevron is introducing new features with the addition of:
- Road Service - Complimentary road service during the first year to assist Chevron and Texaco cardholders with free towing, fuel deliveries, jump start and/or tire services.
- ATM Cash Access – Chevron and Texaco personal credit card customers that qualify will now have convenient cash access at over 350,000 ATMs associated with the Cirrus network.
- Zero Fraud Liability – Cardholders will no longer be liable for unauthorized charges made on their credit card regardless of dollar amount.
Following the sale of Chevron’s consumer credit card last year to GE Money and its commercial credit card to FleetCor, Chevron continues to play an active role in looking for new and innovative ways to serve Chevron and Texaco cardholders.
“Chevron is working with GE Money to continue to bring new and differentiated credit card products to Chevron and Texaco customers,” said Shariq Yosufzai, president, Chevron Global Marketing. “What a great way to introduce our brands to new cardholders as well as reward current cardholders through these great new benefits.”
There will continue to be no annual fee associated with the Chevron and Texaco credit cards and cardholders will continue to receive flexible payment options, online account information, and access to thousands of conveniently located Chevron and Texaco stations by accessing www.chevrontexacocards.com.
“We believe the features of the new personal credit cards will enhance the customer experience and increase the value of our cards in a competitive market,” said Danny Roden, vice president, Chevron Global Marketing for the Americas.
Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business worldwide. The company's success is driven by the ingenuity and commitment of approximately 62,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.
Cautionary Statement Relevant to Forward-Looking Information for the Purpose of "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995.
Some of the items discussed in this press release are forward-looking statements about Chevron's activities in the U.S. Gulf of Mexico. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates," "budgets" and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the factors that could cause actual results to differ materially are changes in prices of, demand for and supply of crude oil and natural gas; actions of competitors; results of additional testing; timely development of the field; the potential disruption or interruption of testing and development activities due to accidents, political events, civil unrest, or severe weather; government-mandated restrictions on scope of company operations; and general economic and political conditions. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.