Press Release

04/07/08
Chevron Announces Newly Designed Chevron and Texaco Personal Credit Cards With Enhanced Benefits

Chevron Offers New Complimentary Road Service Feature to Chevron and Texaco Personal Credit Card Customers

SAN RAMON, Calif.--(BUSINESS WIRE)--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 across the globe. The company's success is driven by the ingenuity and commitment of approximately 59,000 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 and services; manufactures and sells petrochemical products; generates power and produces geothermal energy; and develops and commercializes the energy resources of the future, including biofuels and other renewables. Chevron Global Marketing is a division of Chevron Global Downstream LLC, an indirect wholly owned subsidiary of Chevron Corp. Chevron Products Company is a division of Chevron U.S.A. Inc., an indirect wholly owned subsidiary of Chevron Corp. Chevron is based in San Ramon, Calif. More information on Chevron is available at www.chevron.com.

TECHRON is a registered trademark licensed to Chevron U.S.A. Inc. TECHRON D is a trademark licensed to Chevron U.S.A. Inc.

CONTACT:
Chevron Corporation
Gus Santoyo, 925-842-1639
sgus@chevron.com

SOURCE: Chevron Corporation