Cardholders can continue to use their card and
earn and redeem rewards as they do today
MCLEAN,
Va. and BENTONVILLE,
Ark., May 24, 2024 /PRNewswire/ -- Capital One
Financial Corporation (NYSE: COF) and Walmart Inc. (NYSE: WMT)
announced that they have ended the agreement that made Capital One
the exclusive issuer of Walmart Consumer Credit Cards. In 2019,
Capital One and Walmart introduced the Capital One Walmart Rewards
Credit Card Program.
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.
About Capital One
Capital One Financial Corporation
(www.capitalone.com) is a financial holding company which, along
with its subsidiaries, had $351.0
billion in deposits and $481.7
billion in total assets as of March
31, 2024. Headquartered in McLean,
Virginia, Capital One offers a broad spectrum of financial
products and services to consumers, small businesses and commercial
clients through a variety of channels. Capital One, N.A. has
branches and Cafés located primarily in New York, Louisiana, Texas, Maryland, Virginia and the District of Columbia. A Fortune 500 company,
Capital One trades on the New York Stock Exchange under the symbol
"COF" and is included in the S&P 100 index.
Additional information about Capital One can be found at Capital
One About, or on LinkedIn at linkedin.com/company/capital-one/.
About Walmart
Walmart Inc. (NYSE: WMT) is a
people-led, tech-powered omnichannel retailer helping people save
money and live better - anytime and anywhere - in stores, online,
and through their mobile devices. Each week, approximately 255
million customers and members visit more than 10,500 stores and
numerous eCommerce websites in 19 countries. With fiscal year 2024
revenue of $648 billion, Walmart
employs approximately 2.1 million associates worldwide. Walmart
continues to be a leader in sustainability, corporate philanthropy,
and employment opportunity. Additional information about Walmart
can be found by visiting corporate.walmart.com, on Facebook at
facebook.com/walmart, on X (formerly known as Twitter) at
twitter.com/walmart, and on LinkedIn at
linkedin.com/company/walmart.
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SOURCE Capital One Financial Corporation