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Sam's conversion to MC

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snowkitty
Established Contributor

Sam's conversion to MC

I have the Sam's Discover now and just read about it will be going from Discover to Mastercard. When is this supposed to take place? Also, I financed a tv on it last year and still have 400.00 left to pay off. I'm paying 100.00 a month so it will be paid off in August. If it converts before then, will it list my balance as 0 before they close it or will I always show a balance owed on that card?
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 1 of 4
3 REPLIES 3
john398
Senior Contributor

Re: Sam's conversion to MC

The new Sam’s Club cards will be issued to customers in June, with Wal-Mart-branded cards to follow later this summer,

Message 2 of 4
snowkitty
Established Contributor

Re: Sam's conversion to MC

Ok...thanks. I will still have a balance of 200.00 in June. Will that balance stay on a closed Sams Discover forever or will it 0 out and transfer to the MC?
TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 3 of 4
john398
Senior Contributor

Re: Sam's conversion to MC


@snowkitty wrote:
Ok...thanks. I will still have a balance of 200.00 in June. Will that balance stay on a closed Sams Discover forever or will it 0 out and transfer to the MC?

my guess is it transfers to the new card but thats only a guess, maybe someone else will chime in

Message 4 of 4
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