John Travolta is giving fans a nostalgic holiday surprise by channeling his iconic Grease character Danny Zuko, this time dressed as Santa Claus.

The actor, 71, stars in a new Capital One commercial where he appears in a workshop-style garage, decked out as Santa and eyeing a high-tech sleigh. 

While checking out the vehicle, Travolta goes into character and jokes, “Ho, ho, ho, ho. Why, this sleigh could be frost-o-matic, tinsel-matic, 1.5% cash back-o-matic.” 

He follows it up with an unmistakable throwback line, “It’s Greased Lightnin’,” while paying with a Capital One card.

Travolta then jumps into a playful reenactment of the famous Greased Lightnin’ performance, complete with dance moves and support from Santa’s elves, plus a reindeer in sunglasses. 

He ends the commercial with the tagline, “Ho, ho, ho — what’s in your wallet?” before the sleigh takes off into the sky.

This isn’t the first time Travota has nodded to his most memorable roles in Capital One ads. 

Last year, he partnered with Samuel L. Jackson for a spot filled with Pulp Fiction references. 

The 2024 holiday ad also brought back his Santa persona, where he shops online for gifts like hot chocolate, marshmallows and “3,000 bolo ties,” a fun reference to his role as Vincent Vega. 

The ad wraps up with Travolta’s Santa recreating the iconic Pulp Fiction dance scene, set to Chuck Berry’s Run Run Rudolph.

Travolta has shown his love for Grease before too, including a surprise appearance at a Hollywood Bowl sing-along event for the classic movie.

With his latest ad, he brings back the spirit of Greased Lightnin’ in a festive way, mixing Hollywood nostalgia, holiday cheer and a little bit of classic Travolta charm.