Walmart Inc. and Capital One Financial Corp. are offering two new credit cards that reward customers for shopping at Walmart's stores and e-commerce site. Both cards will be available starting Tuesday.
A co-branded card called the Capital One Walmart Rewards Mastercard can be used anywhere Mastercard is accepted. Benefits include 5% back on purchases at Walmart.com, including grocery pickup and delivery; 5% back on in-store purchases when using Walmart Pay during the 12-month introductory period, and 2% back after that; 2% back on restaurants and travel; and 1% back for everything else.
Walmart Pay lets shoppers store their credit, debit or gift card information on the Walmart mobile app for faster checkout in stores.
The companies also will offer a Walmart Rewards Card for purchases in Walmart stores and on its website and app. Besides the same 5% back introductory offer and 2% thereafter, shoppers will get 2% back at Walmart fuel stations.
Business on 09/20/2019