Phillips 66® Credit Card REWARDS PROGRAM TERMS (“TERMS”)

By participating in the Phillips 66® Credit Card Rewards Program (the “Credit Card Rewards Program”), you hereby agree to be bound by these Terms. These Terms apply to earning and redeeming rewards under the Credit Card Rewards Program.

How Rewards Work

Qualifying fuel purchases (“Fuel Purchases”) are fuel purchases made at any participating Phillips 66®, Conoco®, and 76® branded retail location in the United States (“Location”) and charged to any Phillips 66®, Conoco®, 76® or Phillips 66® Aviation Credit Card Account (“Card Account”) issued by Synchrony Bank (the “Bank”). Rewards will either be applied instantly in the form of cents off per gallon for your Fuel Purchase or as a statement credit accrued on Fuel Purchases (“Rewards”). If Rewards are provided in the form of a statement credit, the statement credit will automatically appear on your billing statement. Please allow up to three billing cycles for the statement credit to appear on your billing statement.

Everyday Rewards

You will earn Rewards on each transaction for Fuel Purchases. For Fuel Purchases made at the pump using the My Phillips 66®, My Conoco®, or My 76® mobile app (”App-Based Purchases”), you will earn Rewards in the amount of 5 cents per gallon on the first 30 gallons of each transaction. Rewards for App-Based Purchases will be applied at the time of purchase in the form of cents off per gallon at the pump. For Fuel Purchases made at the pump that are not App-Based Purchases, you will earn Rewards in the amount of 3 cents per gallon on each transaction. Rewards for Fuel Purchases that are not App-Based Purchases may be in the form of a statement credit or cents off per gallon at the pump. Rewards will not be available at Certain Phillips 66®, Conoco® and 76® branded retail locations that are not participating in the Credit Card Rewards Program.

Special Promotions

We may offer you other opportunities to earn promotional Rewards from time to time. We will use commercially reasonable efforts to notify you, or make information available on our website, about these other promotional offers when they become available.

Earn Rewards in Accordance with these Terms

To earn Rewards, your Card Account must be open, in good standing and not more than two payments past due at the close of the billing cycle in which the Rewards are earned. Rewards that are in the form of fuel statement credits will be forfeited if your Card Account is delinquent, suspended or closed, whether by you or the Bank at the time the statement credit is applied.

Rewards are not transferable. Rewards are not “gifts” and are not intended for gift-giving purposes. You acknowledge that any Rewards accrued are purely promotional and are provided without the payment of any consideration or other thing of value. We reserve the right to remove any person from the Credit Card Rewards Program in the event of any fraud or abuse in connection with this program. Participation in the Credit Card Rewards Program will be suspended if your Card Account is suspended or closed whether by you or the Bank. We reserve the right to change or terminate the Credit Card Rewards Program at any time and in any manner without prior notice to you. Changes may include, among other things, changing the benefits, imposing additional restrictions, adjusting the number of Fuel Purchases that must be made to earn Rewards or terminating the program altogether.