Co-Brand Gas Cards Disappear

CITGO is losing its consumer co-branded MasterCard. The oil company is the latest to join the ranks of refiners whose card is being canceled by Citi, CSP Daily News has reported. Citi also closed ConocoPhillips’ co-branded MasterCard last September, which accounted for 0.4% of all ConocoPhillips’ card sales. Other oil cobrand card programs discontinued by Citi include Sunoco (canceled last February).

Chase discontinued Marathon’s cobranded card in August. Other marketers including Wawa and RaceTrac no longer offer co-branded cards. Bank of America cancelled the Chrysler Visa card a few years ago.

GE Capital Retail Bank continues to offer the Chevron co-branded Visa card, at least for now.