The Walmart Capital One Credit Card from bank of America is another way for Walmart to extend their card line and gain market share in a very competitive credit card market. Credit cards with major credit card companies such as Visa, MasterCard, Discover and even Cashback are a dime a dozen. So it's important to find the right card for your shopping at Walmart. This means doing some comparison shopping on the internet.
The reason for this is because it's a competitive market out there. You want to be the best shopper out there, and Walmart can help you do that. There are many benefits to having your own card, including having the ability to shop any place that accepts the card and having the ability to build your credit history. You also get added rewards points which can be redeemed for gifts or discounts at our retail store.
The Walmart card is accepted at all of our retail stores. It's an attractive card for our customers because it gives them added perks and rewards. There are many benefits to having your own card, such as the ability to build your credit, and being able to use it anywhere MasterCard or Visa cards are accepted. Many people don't like carrying extra cash with them when they are shopping, but having your own card can eliminate that need. You can just take out your wallet and tap into your rewards points.
The downside to the Walmart card is that it comes at a higher than average interest rate. That is to be expected, since the credit card is used for making purchases at a retail store. The upside is that once you have paid off your debt, the interest rate will stop. Walmart also has a minimum monthly payment requirement. They tell you how much to pay each month and then add a bit more based on your monthly income. If you aren't careful you can end up paying quite a bit of extra money each month.
Both of the cards have a grace period of 60 days after your account has been opened, so if you don't spend that time, you won't incur any interest charges. After your introductory period is over, though, both the Walmart card and the Bank of America credit card will revert back to a standard interest rate. Each has different payment terms, of course, so be sure to read the fine print. You need to make sure you know what you'll be charged for.
Both of the cards have a reward program, which rewards you for spending money at their retail stores. You earn points and these points can then be redeemed for gift cards, merchandise, and other discounts from their partner companies. Both of these cards are good for gas, groceries, laundry, and other small expenses, so they're really designed to help you save money in the long run. But you need to be careful with these credit cards, or else you could wind up paying quite a lot of extra money on interest charges every month.