Written by Steven Merkel
If you have read our review on the regular Walmart credit card, you could see that we are not big fans. We decided to go ahead and take a look at the Walmart Discover to see if it was any better than its sibling.
At all Walmart locations and anywhere Discover is an accepted payment method.
The offered interest rate is above average where other store cards are concerned. Where as other issuers will give you a range of rates, this is only one offered by Walmart.
One of the biggest advantages is the gas reward, which currently gives customers $0.15 off per gallon. This reward changes throughout the year and presently is valid from April 1, 2013 until July 7,2013.
Cash Back Rewards Program
At first we thought the rewards program sounded average at one percent cash back, but then we dug a little deeper and found that it’s not a flat one percent on all purchases. Let’s break it down to see how much you actually get back.
|Spent in a Year||Percent of Cash Back|
|Up to $1,500.00||
|$1,500.01 to $3000.00||
Only if you spend more than three thousand dollars in a year will you be earning one percent. Plus this resets every year. After you make ten dollars in cash back you will automatically be mailed a check.
The person that is looking for an above average gas reward that they can use everywhere, and comes with a cash back rewards program.
We didn't recommend this credit card previously, however the outlook of the reward options has changed dramatically over the years, now you would be hard-pressed to find a card that offers the same range of benefits, including its excellent gas discount combined with it's average cash back and zero interest offer.
A note of caution; as with all GECRB issued cards, if you fail to pay off your entire balance before the end of the introductory offer, you will be charged interest for each month you carried a balance.
Copyright 2006-2013 CreditCardAssociate.com