Having the Walmart credit cards such as Walmart credit card and Walmart master card can save your huge amount due to the massive discount offers, benefits, coupons, and rewards. Every new and old Walmart customer want to have Walmart credit card. If you don’t have yet here is the guide to apply both credit card and MasterCard. But before applying for the Walmart credit cards I will suggest you that you should have complete knowledge regarding the Walmart credit card terms and agreement.
Many people just apply for the card by completing the basic Walmart credit card requirements. But they don’t read the terms and agreement and after that make complaints about the Walmart services and offers.
I will just tell you what type of people does wrong due to their lack of knowledge. That’s what I always prefer and suggest to read the terms and agreements every time before buying or applying anything. So in this articles, I will tell you the details of Walmart credit card terms and agreement that are essential for you guys to know because these Walmart cards are issued by the Synchrony Bank and the bank has own terms and condition. Other than this, if you want to know more about Walmart then click here.
Essential Details Of Walmart Credit Card Terms And Agreement
These are the few important information which I am going to write about. But if you need more details about the Walmart credit card terms and agreement you can view the below-attached image.
Interest Rates And Charges
Firstly I will talk about the interest rate and charges.
- The annual percentage rates vary and based on prime rate.
- The APR is applied to the purchases and quick cash advance that has prime rate almost 19.65%
- Now let’s talk about how to avoid paying interest
- Walmart gives its customer almost 23 days after the close of each billing cycle. During this time period, the company will not charge the interest if you pay the bills on time. But if you do not pay the balance on time the company will not charge $1.00 amount which is the minimum interest rate.
Do you have any idea about the penalty?
Yes on every late payment the company will charge them up to $38. That is clearly mentioned in the Walmart credit card terms and agreement.
Special Financing Offers
Both companies Walmart and Synchrony bank may offer you special financing offers for the assured transactions but don’t forget the terms and agreements will be applied to any offers. Except this, if you see any promotion that is not a part of the agreement then you will be provided or explained all conditions of promotional advertising. Here is the description that you must consider.
During the promotional period if you make any qualifying purchase than to interest will be calculated. However, regular terms will apply on non-promotional purchases and after the end of the promotion. Another important thing is that this promotional offer will not be available for the lifetime of all the time. You can keep your self-updated with every new promotion by following our websites and social media pages. Other than this you can call us or visit us and you can see your promotional advertising to know about the promotions. Additionally, Special promotions described below may be offered:
These were some important details regarding the Walmart credit card terms and agreement. For more detail information you can read the below-attached image or you can download the pdf from here. I hope this information will help you a lot in the future. Bookmark this guide and read any time whenever you feel you need to revise the terms and agreements.