Screen legend John Travolta can be seen singing "Greased Lightnin'" in a new Capital One credit card commercial.

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Dressed as Santa Claus, Travolta enters a garage -- that looks a bit like the one from his classic 1978 movie musical Grease -- and excitedly dances and sings about a cool-looking sleigh with a front that looks like a 1950s-style car.

"Why, this car could be frost-o-matic, tinsel-matic, 1.5 percent cash back-omatic," he sings. "It's Greased Lightnin'! Go, Greased Lightnin', you're burning up the quarter mile. Go, Greased Lightnin', you're coasting through the heat lap trials. You are supreme for Greased Lightnin'."

Numerous festively dressed elves sing back up and help him prep for Christmas Eve.

In the end, Travolta flies off in the magical sleigh drawn by reindeer.

The ad, released on YouTube Thursday, is for Capital One's Quicksilver card.