Kroger (KR) said Wednesday it launched a new credit card with Mastercard (MA) offering rewards on grocery, fuel, and everyday purchases.

Cardholders earn points on purchases made online, in stores, at gas stations, and on dining, travel, and utilities, and the points do not expire and can be redeemed for discounts on groceries and fuel, the company said.

Shares of Kroger and Mastercard were down 1% in Wednesday trading.

Price: 60.17, Change: -0.62, Percent Change: -1.02