Citibank, Shell issue co-branded MasterCard credit card

In Hungary

Citibank Zrt and Shell Hungary Zrt have issued a co-branded MasterCard credit card in Hungary, all three parties announced on Thursday.

Cardholders will get 3% of the value of their fuel purchases back and 1% of the price of other purchases made at Shell petrol stations.
The card is the third new credit card the bank has issued this year. Earlier, it launched a platinum card and a co-branded card with Hungarian airline Malév Zrt. Citibank controls about 20% of Hungary's credit card market in terms of the number of cards issued, but it has 40% of the market in terms of purchase value, marketing director Gábor Dávid said.

ADVERTISEMENT

Climate change hurts economy, but creates new business oppor... Analysis

Climate change hurts economy, but creates new business oppor...

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.