Shell Rolls Out SaverCard

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Shell Rolls Out SaverCard

HOUSTON -- Shell Oil Products US launched the Shell Saver Card nationally yesterday, providing a convenient payment method that directly links to a customer’s checking account, and also provides a discount on the price per gallon for fuel pumped at Shell stations, the company stated.

The Shell Saver Card uses an electronic check payment method to process transactions, and is a non-credit payment product issued to consumers directly from Shell, with no application or annual fees, according to the company. All Shell Saver Card transactions will be routed through Shell’s network and its payment processor First Data using the TeleCheck check verification services, the company stated.

Customers who use the card receive a promotional savings of five cents per gallon on Shell gas or diesel until June 1, 2009, and two cents per gallon after that date.

"We are pleased to be able to offer the Shell Saver Card to consumers at a time when saving, budgeting and managing credit can be very key to personal financial health during this challenging economic cycle," Elizabeth Hudson, U.S. Consumer Cards for Shell Oil Products, said in a statement. "This is a timely payment solution and also continues our commitment to helping consumers lower the cost of driving without sacrificing the quality of their fuel."

To qualify for a Shell Saver Card, customers must have an active checking account in good standing, the company stated.

In other Shell Oil Co. news, the company provided a seed grant to launch the Vision S Star program, an academic program based in Dalton, Ga., and developed by the parents of a Shell employee, Vignesh "Vinny" Ramachandran.

Vision S Star is an educational tutoring and mentoring program designed by Dr. Ramji and Uma Ramachandran. An important component of the "vision" of the program is to help every student strive to excel academically, aspiring to become a "Star Student," thus the name "Vision S Star," according to a report in the Dalton Daily Citizen.

"Shell considers programs like this as a social investment," Ramji Ramachandran told the Dalton Daily Citizen. "This program can help improve the academic skills of the future workforce from the local community. We are hopeful that other local companies will provide sponsorships for student tutoring, to help with the incentives program for students, and/or provide interested employees with paid time to serve as volunteer mentors or tutors. This mentoring opportunity can help the volunteers also in improving their training skills which will be beneficial in their work teams."

The pilot program focuses on math and began last month with approximately 35 Dalton Middle School eighth-graders. During the 14-week program, students receive an hour of instruction at the school each Friday morning.