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Walmart and Capital One to End Partnership for Credit Card Program

DDG
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Walmart and Capital One to End Partnership

Walmart revealed today that it has ended an agreement with Capital One which made it the exclusive issuer of Walmart Consumer Credit Cards.

Walmart teamed up with Capital One back in 2019 for its One Walmart Rewards Credit Card Program.

While Capital One and Walmart have ended their card partnership, the two companies said that nothing changes today for cardholders. They can still continue to earn and redeem rewards, and they can still use previously accrued rewards.

The partnership seem already doomed, as Walmart had accused Capital One of missing the mark in a number of “critical” customer care categories, such as failing to promptly post transaction information to cardholders’ accounts, and not delivering replacement cards within five days.

For cardholders is business as usual for now. They can use their Capital One Walmart Rewards® Card wherever Mastercard is accepted and the Walmart Rewards® Card for purchases at Walmart.

Capital One will retain ownership and servicing of the credit card accounts. Additional information will be provided in the coming months to Walmart credit card holders, and most likely product changes are coming.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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