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Written by: RJ
Update 7/16 – I’ve been informed by a reader that Capital One is sending letter stating Walmart card will be converted to Quick Silver cards.
Capital One and Walmart are officially breaking up.
While Capital One and Walmart have ended their card partnership, nothing changes today for cardholders – cardholders can continue to earn and redeem rewards, and previously accrued rewards will retain their value. Until informed otherwise, cardholders can also continue to 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.
Thoughts
Seems to me the Walmart name is leaving but the portfolio is staying with Capital One. No word yet on what these Walmart cards would be product changed to. I’d guess a Quick Silver card. Maybe a Savor.
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