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High Octane Card (2/29/00)
FULL STORY:
With gas prices predicted to rise to as much as $2.50 per gallon in the U.S.
there is a way to lower the pump price. Priceline.com announced last week it is
launching a Priceline for Gasoline card whereby consumers will be able to name
their own price for up to 50 gallons of gas per month. Starting May 20th,
Priceline WebHouse Club, an affiliate of priceline.com, will offer the new
service that is expected to save drivers 10 to 20 cents per gallon from most
major oil companies. Over 100 national sponsors will contribute to Priceline
WebHouse Club customers' gas purchases in return for customers' agreeing to
try
their products and services. The Priceline for Gasoline card is free to any
consumer by accessing priceline.com. All four million previous priceline.com
customers and all WebHouse Club members will automatically receive the blue
colored gas card free in the mail. To bid, cardholders simply enter the ID
number on the back of the priceline gas card and provide a major credit
card or
debit card account number. Cardholders then choose the grade of gas, the
per-gallon price they want to pay, and the number of gallons desired (up to 50
gallons per household per month). If the bid is accepted, then priceline will
charge the deal to the credit or debit card and notify the cardholder of the
location of the local participating gas station. After each fill-up, Priceline
WebHouse Club will automatically e-mail a receipt which also shows the number
of prepaid gallons remaining. Priceline.com gas accounts may also be monitored
online. To get your free gas card or for more information visit
www.priceline.com.
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