Rating: 5. Reviewer: Walmart Credit Card Payment - Item Reviewed: Walmart Credit Card - Support by: Walmart Credit Card Payment. Walmart Credit Card Payment show you how to make walmart credit card payment by check, online, walmart and sam's club stores, e-payment, phone, or by mail. - Location:Birmingham, AL, USA.
Walmart credit cards do not allow advances and transactions in foreign currencies. If the cardholder makes a late payment, he is subject to an outrageous penalty of $ 35. If the cardholder pays his minimum payout on time on any of the previous six billing cycles, the late payment fee is reduced to $ 25. Synchrony Bank uses the daily exchange rate to calculate interest on the balance Walmart credit cards every day. Annual percentage rate (APR) for purchases is the main interest rate plus 19.65%. Walmart credit card members can pay their balance by mail, online, or at any Walmart or Sam's Club store.
Store Cards Issuer
When considering a store credit card, dig a little deeper than what you read in the disclosure. Synchrony Bank issues a Walmart Credit Card. Formerly known as GE Capital Retail Bank, Synchrony is still part of the General Electric family.In June 2014, the bank asked questions from the Consumer Finance Bureau of Justice and the Department of Justice in connection with questionable business practices. Also important: The allegations come from internal audits after Synchrony reports the issue, according to a press release.
Customer review for banks is not profitable. Customers report confusing contract terms and disappointing customer service. However, many reviews for Walmart Credit Cards are actually more positive.
The Credit Card
Walmart Credit Card is not for subprime borrowers. Before applying the customer must have good credit. If you qualify, the benefits that come with the card are interesting. Among them:- If you spend $ 75 or more on the day you sign up for the card, you will receive $ 25 from your purchase. You get an additional $ 10 when you charge another purchase of $ 75 or more within 60 days of account opening.
- There's a $ 5 rebate for every $ 500 you assign to the card.
- You pay up to 15 cents less per gallon of gas at certain Walmart gas stations in the United States.
- You receive up to 1% of your purchase amount as a rebate. For every $ 5 you get, Synchrony Bank will give you a credit statement.
Fine Print
Interest rates are high, but comparable with other retail credit cards. At 22.90% - and 25.90% for down payment - you should avoid paying interest by paying the card in full at the end of each month. No credit card balance transfers are allowed.Also worth noting, interest rates vary. Synchrony Bank calculates the interest rate by adding 19.65% to the current interest rate. Like most cards, if you pay the full balance in the grace period (23 days), no interest charges will arise.
The card does not have an annual fee but has a maximum delay fee of $ 35. For an advance transaction, a minimum charge of $ 5 or 3% of the total (whichever is higher) is attached on the down payment. Overseas transaction fee is 3%, so it is not the best choice to use on a trip abroad.