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Walmart Announces End to Credit Card Partnership: Shopper PSA

Posted on AllSides May 25th, 2024

Walmart has ended a partnership with Capital One that made the banking company the exclusive issuer of Walmart’s consumer credit cards. The companies announced the change in a joint statement Friday. The companies said card-holders can still use their Capital One Walmart Rewards cards, which will continue to accrue rewards unless customers are notified of a change. Capital One will retain ownership and servicing of the credit card accounts. Bentonville, Arkansas-based Walmart partnered with Capital One in 2019 after ending its previous credit card deal with Synchrony Financial. But Walmart...

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https://westernjournal.com/ap-walmart-ends-credit-card-partnership-capital-one-shoppers-can-still-use-cards

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