Aug 2010 - You can still theoretically get 5% Shell Mastercard Rebate, but most likely time to dump it

Aug 2010 - You can still theoretically get 5% Shell Mastercard Rebate, but most likely time to dump it. I tried to track down a web version of this, but could not find it, so here is the scan, and a consumer summary. Unless you buy all your gas from Shell, the new deal is pretty much a bust, and they don't have many Shell stations in Idaho, so I guess I'm getting my sinclar/Stinker card instead. Fred Meyer in Boise also has has for 10c off if you have a FM card.


• Non-gas rebates are reduced from 1% to 0.5%

• No rebates at all for non-Shell gas

• Rebates are credited for FUTURE bills, not previous bill

• If you don’t rack up $25 in rebates, you don’t get paid. At 5% That means you have to buy $500 in gas, or 10 to 20 weeks worth, assuming you always buy at Shell, which you might not.

• Even if you do rack up $25 in rebates, you have to buy $25 in gasoline from Shell that month, or a fill-up or so.

• Rebates must be redeemed in 12 months



Box 6500

Sioux Falls, SD 57117





Dear Valued Customer,

Due to this challenging business and economic climate, the cost of doing business has dramatically increased. As a result, we need to make changes to your Shell Platinum Select MasterCard Rebate Program Terms and Conditions . Please be assured that we value you as a customer and we have worked very hard to preserve the broad availability of credit as well as the value of your card. We sincerely appreciate your business and hope to serve you in the future at your neighborhood Shell station.

Even with these changes, you can earn 5% rebates on Shell gasoline purchases. Be sure to read the Notice below and the complete Shell Platinum Select MasterCard Rebate Program Terms and Conditions on the reverse side. There is no action required on your part, but should you have any questions, please contact Customer Service at the number on the back of your card.

Citibank (South Dakota), N.A.

Notice of Changes to the Shell Platinum Select MasterCard Rebate Program Terms and Conditions

We are changing the terms and conditions of the Shell Platinum Select MasterCard Rebate Program, and replacing your current terms and conditions with the new Shell Platinum Select MasterCard Rebate Program Terms and Conditions on the reverse side of this Notice. The new terms will be effective as of the first day of your first billing period that begins on or after August 1, 2010 ("Effective Date").

Listed below are some of the new terms of the Shell Platinum Select MasterCard Rebate Program. For complete details regarding the new terms of the Program, please review the new Shell Platinum Select MasterCard Rebate Program Terms and Conditions.

1. You will earn a rebate of 0.50% on your purchases (other than Shell gasoline purchases and Jiffy Lube purchases, which continue to earn rebates of 5%). Rebates are earned only on qualifying purchases as described in the Shell  Platinum Select Mastercard Rebate Program Terms and Conditions (It was 1%)

2. You will not earn any rebates on purchases of non-Shell branded fuels. (It was 1%)

3. The maximum amount of rebates you may earn in any billing cycle is $20. (I think this limit is new)

4. Rebates will be automatically redeemed on your billing statement by crediting your earned rebates toward qualifying Shell gasoline purchases made in future billing cycles. Rebates will be redeemed only in increments of $25. Once you have accrued $25 in rebates, you must make at least $25 in qualifying Shell gasoline purchases in a future billing cycle for

your rebates to be redeemed. This change will apply to any rebates you have earned, but that have not been redeemed, prior to the Effective Date.

5. Rebates not redeemed within twelve monthly billing cycles after the date they are earned will expire. You will forfeit all accrued rebates if your account is closed (whether closed by you or us) or if you default under the terms of your Card Agreement. For example, if you make a late payment or send us a payment that is not honored, you will forfeit all accrued rebates.

See reverse side for new Shell Platinum Select MasterCard Rebate Program Terms and Conditions



SHELL PLATINUM SELECT MASTERCARD REBATE PROGRAM TERMS AND CONDITIONS

The Shell Platinum Select MasterCard Rebate Program is a program of Citibank (South Dakota), N.A. ("we" or "us"). Rebates are earned by making qualifying purchases with your Shell Platinum Select MasterCard. Only purchases made for personal, family or household purposes are qualifying purchases and earn rebates. In addition, the following purchases are not qualifying purchases and do not earn rebates: purchases made for business or commercial purposes, purchases of diesel or aviation fuel, and purchases of non-Shell branded fuels.

You earn rebates of 5% on qualifying gasoline purchases made at Shell locations in the United States ("Shell Purchases") and on qualifying purchases made at participating Jiffy Lube locations in the United States. You earn rebates of 0.50% on other qualifying purchases. The maximum amount of rebates you may earn in any billing cycle is $20. We decide whether your purchase is eligible for 0 rebate, and which rebate (if any) applies. Our decision may be based upon the information provided to us about your purchase by the Shell station, or other merchant, where your purchase was made.

The rebates you earn will be shown on your billing statement. Rebates will be automatically redeemed by crediting your earned rebates toward qualifying Shell Purchases made in future billing cycles. Rebates will be redeemed and credited on your statement only in increments of $25. Once you have accrued $25 in rebates, you must make at least $25 in qualifying Shell Purchases in a future billing cycle for your rebates to be redeemed.

Purchases returned for credit do not earn a rebate and your balance will be adjusted (including rebates already redeemed) in the event that the purchase is returned or a credit adjustment is otherwise issued. Rebates are not earned on cash advances, balance transfers, interest or finance charges, account fees or fees for services and programs you elect to receive through us. Your account must be open, and you must not be in default under the terms of your Card Agreement, in order to earn and redeem rebates.

Rebates are redeemed in the order they are earned. Any rebates not redeemed within twelve monthly billing cycles after the billing cycle in which they are earned will expire. You will forfeit all accrued rebates if your account is closed (whether closed by you or us) or if you default under the terms of your Card Agreement. You have no property rights or other legal interest in rebates. Rebates cannot be bought, sold, transferred or bartered in any way. Rebates are not redeemable in cash and do not create a credit balance on your account. Rebates cannot be used to make payments on your account.

We may cancel, terminate or otherwise change the terms of the Shell Platinum Select MasterCard Rebate Program at any time forany reason upon 30 days prior written notice. We reserve the right to interpret and apply the policies and procedures relating to the Shell Platinum Select MasterCard Rebate Program and our decisions are final. The Shell Platinum Select MasterCard Rebate

Program and/or any of its individual elements are void where prohibited by federal, state or local law. If we suspect fraud or abuse related to your account or the Shell Platinum Select MasterCard Rebate Program, we may take appropriate administrative or legal action, including terminating your participation in the Shell Platinum Select MasterCard Rebate Program, making credit adjustments

to your account or accrued rebates for rebates not properly earned or redeemed, and/or closing your account. We are not responsible for disputes relating to rebates between joint account holders and/or authorized users. You are solely responsible for making any determinations regarding the tax consequences of any rebates you receive pursuant to the Shell Platinum Select MasterCard Rebate Program.