Suncor Energy's Petro-Canada brand redesigns Petro-Points(TM) program

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Suncor Energy's Petro-Canada brand redesigns Petro-Points(TM) program

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Petro-Canada, a Suncor business, today announced a redesigned Petro-Points program that is simple, easy to understand and offers increased value to its members.

The Petro-Points program, which launched in 1995, has historically offered its 4.5 million active members multiple ways of earning and redeeming points. Members will continue to have the choice of how to redeem their points, including: taking dollars off of any purchase, redeeming for fuel savings cards, and redeeming for gift cards at partner retailers; however the new program helps members redeem rewards sooner and collect points faster.

"We've been conducting research and online panels to help determine how we can add value to our loyalty program for our members," said Deborah Gullaher, vice president of sales and marketing. "We heard loud and clear that our customers want a program that's easy to understand, simple and intuitive-and most of all a program that gives great value for their Petro-Points. The changes to our program have been made based on what we've heard from loyal customers."

The redesigned Petro-Points program has simplified how members earn and redeem their points. The point levels required to redeem rewards have been reduced, some by 50 per cent, allowing members to redeem their Petro-Points faster. 

The new program, which launched on January 3, 2017, is effective across Canada. Current Petro-Points balances will not change and Petro-Points never expire. 

Learn more about the Petro-Points program and register to become a Petro-Points member at petro-points.com/faster

Collect Petro-Points
Old program   New program
Collect Petro-Points on Points collected   Collect Petro-Points on Points collected
Regular Fuel 5 per litre   All Fuel 10 per litre
SuperClean, Ultra 94 & Diesel 10 per litre   All purchases(1) 10 per $1 spent
Car Wash 20 per $1 spent  
Convenience Store Purchase 20 per $1 spent  
 
Redeem Petro-Points & Save     
Old program   New program
Redeem Petro-Points for Points required   Redeem Petro-Points for Points required
5 ¢ per litre Fuel Savings Reward Card 12,000   5 ¢ per litre Fuel Savings Reward Card 10,000
10 ¢ per litre Fuel Savings Reward Card 24,000   10 ¢ per litre Fuel Savings Reward Card 20,000
$1 off snacks and drinks 2,000   $1 off any purchase(2) 1,000
Super Wash or GlideWash 7,000 -10,000   Super Wash or GlideWash 10,000
$1 off fuel 2,000   $10 gift card at a partner retailer 10,000
Gift card at a partner retailer Varied, based on retailer  

Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, onshore and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights' Global 100. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

Petro-Canada, a Suncor business, operates almost 1,500 retail stations and 280 Petro-Pass wholesale locations nationwide. Petro-Canada's retail loyalty program, Petro-Points™, provides Canadians with the opportunity to earn and redeem rewards. Petro-Canada is proud to be a National Partner of the Canadian Olympic and Paralympic committees, supporting Canadian athletes, coaches and their families for more than 25 years. For more information, visit petro-canada.ca.

For more information about Suncor, visit our web site at suncor.com, follow us on Twitter @SuncorEnergy, or come and See what Yes can do.

(1) Excludes Taxes, Tobacco, Gift Cards and Transit Tickets

(2) Excludes Tobacco and Transit Tickets

To view the image associated with this release, please visit the following link: http://media3.marketwire.com/docs/e1081911.jpg

Media inquiries:
403-296-4000
[email protected]

Investor inquiries:
800-558-9071
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).