Lyft and the Fuel Rewards Program Team Up to Offer Drivers Fuel Discounts

LYFT AND THE FUEL REWARDSŪ PROGRAM TEAM UP TO OFFER DRIVERS FUEL DISCOUNTS

Lyft Drivers Can Now Lower Expenses Through Fuel Rewards Savings

DALLAS -- Oct. 8, 2015: The Fuel RewardsŪ program announced today that Lyft, the highly popular peer-to-peer ride-sharing program, will join its growing partner network to offer fuel discounts to Lyft drivers and passengers.

In the past several years, peer-to-peer ride-sharing companies have captured increased market share and public attention as the sharing economy has exploded. San Francisco-based Lyft, which currently operates in more than 150 U.S. cities, has one of the leading smartphone applications that connects drivers with passengers in need of a ride. Lyft is known for making transportation a more welcoming, memorable, and enjoyable experience backed by a culture of treating its drivers better.

Starting in select markets later this year, Lyft drivers will earn cents-per-gallon rewards that can be redeemed at Shell simply by enrolling in the Fuel Rewards program. Discounts will grow based on the number of rides drivers give every week, so the more they drive, the more they’ll save. After joining, Lyft drivers will have additional ways to earn fuel savings, which can also be redeemed at participating Shell stations.

“Driver support is a key differentiator for Lyft. We're excited to provide their drivers with ways to save money on a significant business expense - fuel - every day,” said Brandon Logsdon, President and CEO of the Fuel Rewards program. “Fuel Rewards already helps millions of U.S. consumers save on the cost of fuel and now, we’re happy to welcome Lyft drivers to our national partner loyalty program.”

The financial value to Lyft drivers is clear: Not only have fuel discounts been ranked as the most-valued loyalty reward by a recent nationwide Excentus/Ipsos eNation survey, but fuel can become a very costly expense in ride-share driver operations, with millions of gallons consumed monthly across the Lyft driver network. Through the partnership, Lyft drivers can drive down the cost of their fuel expenses, while enjoying the high quality and premium fuels offered at over 12,500 participating Shell stations across the country.

“We’re introducing an exclusive, first-of-its-kind partnership with Fuel Rewards that will drastically decrease the amount of money Lyft drivers pay for fuel at participating Shell stations – where top drivers could position themselves to earn several free tanks per week,” said David Rust, head of operations strategy at Lyft. “We look forward to piloting this in a few markets over the coming months, and expect to have a national rollout to cover 12,500 Shell stations across America early next year.”

The Fuel Rewards program, with over six million members, is a national loyalty program comprised of merchant partners across multiple categories that rewards members with coveted savings on the cost of fuel, through their everyday purchases made at thousands of participating retailers across the country.

For more information about the Fuel Rewards program, the Lyft partnership, or to arrange an interview with company executives, please contact Vanessa Horwell at vhorwell@thinkinkpr.com (305.749.5342, x232) or Patricia Nunez at pnunez@thinkinkpr.com (305.749.5342, x233).

About the Fuel Rewards program, owned and operated by Excentus

At Excentus, we create programs that help lower the cost of everyday life. Whether through direct-to-consumer programs like the Fuel RewardsŪ and fuelperks! programs, or through companies utilizing our Centego products and services, Excentus’ proprietary software is the engine helping numerous loyalty and marketing programs drive down the cost of everyday commodities like gasoline. In fact, since 2012 we’ve helped consumers and small businesses across America save over $600 million at the pump. Creating real savings that positively affect the everyday lives of real people – that’s what Excentus is all about. Founded in 1996 in Dallas, TX, Excentus is a privately held company with more than 200 employees. For more information, please visit Excentus.