| 11/12/98 |
| LAUNCHING OF THE NEW VISA REPSOL CARD
|
The VISA REPSOL card was presented today at
Repsol�s central offices in Madrid, in the presence of the company�s CEO,
Alfonso Cortina. This new VISA REPSOL card is part of
Repsol�s policy to offer new and better services and products on the market, and
is the result of an agreement between Repsol, and the BBV and "la Caixa" Groups.
It is the first card of its type to be launched by an oil company in
Spain. The VISA REPSOL payment card provides
special advantages to its holder: a 2% discount on fuel, services and other
purchases made at Repsol, Campsa and Petronor service stations belonging to the
Solred network. This represents over 3,200 sales outlets throughout Spain.
Discounts will not be obtained at other service stations. The card also gives a
1% discount on all purchases from any of the 15 million establishments accepting
payment by Visa, all over the world. The type of card available responds to the
whole range of Visa Cards: Visa Classic, Visa Gold and Visa Electron (the latter
is a debit card only, against accounts at the BBV and "la Caixa" banks). The
other cards may be requested without having to change from one bank or account
to another, and payments may be domiciled at your usual bank. The VISA REPSOL
card will be issued free of charge for the first year. This card may be requested at Repsol,
Campsa and Petronor service stations, at telephone no. 902 45 45 55, at BBV and
"la Caixa" offices, or on Internet (www.repsol.com). This new card has all the advantages of a
Visa Card: payment by instalments, access to cash machines, cards for other
account holders, accident insurance, etc. There will be a large advertising campaign to launch the
VISA REPSOL card, including TV, radio, press, magazines, and spreads at Repsol,
Campsa and Petronor service stations and BBV and "la Caixa"
offices. |