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Press Release

GE Money Announces the New Chevron and Texaco Visa® Credit Card

August 22, 2008

Card Will Offer U.S. Customers Fuel Credit Rewards and Other Benefits

Stamford, Connecticut, August 22, 2008 -- GE Money today announced the Chevron and Texaco Visa credit card, offering U.S. customers a compelling rewards structure, including:

  • 10 cents per gallon in fuel credits when the card is used for fuel purchases at Chevron and Texaco stations.
  • 3% in fuel credits when the card is used for non-fuel purchases at Chevron and Texaco stations.
  • 1% in fuel credits when the card is used for other non-fuel purchases everywhere Visa credit cards are accepted worldwide.

Additionally, during the August and September promotional period, new Chevron and Texaco Visa card customers in the U.S. will receive an introductory offer of 30 cents per gallon statement credits for the first 60 days. For more information, please visit www.chevrontexacocards.com.

"This new product helps bring added convenience and rewards, illustrating how working together with our clients we can offer programs to enhance customer loyalty and increase value for cardholders," said Margaret Keane, CEO and President of GE Money Retail Consumer Finance.

New Chevron and Texaco Visa card customers will have the convenience of cash access at over 350,000 ATMs associated with the Cirrus network. Cardholders will also enjoy the peace of mind that they are not liable for unauthorized charges made on their credit card regardless of dollar amount.

There is no annual fee associated with the Chevron and Texaco Visa card and cardholders can enjoy online account information and access to thousands of conveniently located Chevron and Texaco stations. Information on all card benefits, as well as full details of the reward program terms can be found at www.chevrontexacocards.com. U.S. customers can apply for the new card on the website, by phone at 1-800-FREE-APP (1-800-373-3277), or through the mail with applications available at Chevron and Texaco locations nationwide.

Aspects of GE Money's credit card are protected by U.S. Patent No. 6,915,277 (other patents pending)

About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers, auto dealers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, debt consolidation and home equity loans, and credit insurance. More information can be found at http://www.global.gemoney.com

Dori Abel
GE Capital Retail Finance
[email protected]
203-585-6702


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