The My 7-Eleven App Fuel Price Lock feature has helped Australians save on fuel in the last 12 months, with average savings of up to 18 cents per litre for some customers.
According to 7-Eleven General Manager – Customer, Julie Laycock, while the savings per litre vary, and aren’t guaranteed, some savvy customers have been able to maximise their savings potential.
“The My 7-Eleven App Fuel Price Lock feature allows our customers to search for the best price at the five closest 7-Eleven stores to their current location, and then to lock that price in to use at any 7-Eleven fuel store in Australia for the next seven days,” Ms Laycock said.
“When it comes to saving, of course savings vary, and can’t be guaranteed. Some customers may be saving a few cents a litre by using the fuel price lock to access the best local price when they are ready to fill up. Other people have saved a lot more over the course of a year by locking in their price at the lower points in the fuel cycle and redeeming their price lock when fuel is more expensive.”
“When we look at the fuel price locks redeemed between April 1 2021 and April 1 2022, collectively, the customers who redeemed a fuel price lock saved an average of 18 cents per litre nationally or an average of $6.89 per fill. The average saving varies between customers and depends on factors such as purchase frequency, volume, location, fuel type and market conditions.”
Ms Laycock says that the fuel price lock available makes it more convenient to take advantage of savings opportunities.
“Customers might see that the fuel price in the area they are in is cheap, but they might not need to fill a full tank, or it might not be convenient to stop and get fuel when they see that price. By using our My 7-Eleven App Fuel Price Lock, they can lock in that price, and then redeem that price within 7 days when they need a full tank or at a time and location that suits them,” she said.
“If the price at the pump is cheaper when the customer goes to redeem their fuel price lock, the customer will pay the cheaper price.”
Ms Laycock says that the My 7-Eleven App also provides extra value through offers and rewards.
“As a bonus, the app has loyalty rewards, offers and discounts. It also can be linked with your Velocity Frequent Flyer card to earn Velocity Frequent Flyer Points on fuel purchases and other instore eligible purchases,” Ms Laycock said.
7-Eleven sells a full range of high-quality Mobil fuel which is designed to reduce harmful engine deposits including E10, Special Unleaded, Extra 95, Premium 98 and Special Diesel.
