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Established Contributor
Posts: 500
Registered: ‎02-02-2013
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Settle a debate - Walmart card

So since I've been approved for the Walmart and Sams cards my brother has been trying to convince me that they both are charge cards that MUST be paid in full every month.  I say credit card with a minimum payment payment. 

 

Settle the debate? I don't have my papers yet LOL

Total CL: $40k+
Discover, BOA, GE, Cap 1, Chase, Barclay!
Gardening Start: 04/22/2013

Valued Contributor
Posts: 1,954
Registered: ‎03-30-2012
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Re: Settle a debate - Walmart card

They are both revolving accounts.

Scores 5/13/2014: TU FICO: 639 | EQ FICO: 645| EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
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Registered: ‎02-07-2013
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Re: Settle a debate - Walmart card


injustifiiable wrote:

They are both revolving accounts.


+1

+ Chase ink =




Established Contributor
Posts: 500
Registered: ‎02-02-2013
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Re: Settle a debate - Walmart card

Thank you both!  LOL This was turning into the funniest argument ever to be honest.  I knew I was right :smileywink: hehe

Total CL: $40k+
Discover, BOA, GE, Cap 1, Chase, Barclay!
Gardening Start: 04/22/2013

Regular Contributor
Posts: 173
Registered: ‎10-11-2007
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Re: Settle a debate - Walmart card

That kind of debate is normal.  Misinformation is what brothers are for.

 

Established Contributor
Posts: 500
Registered: ‎02-02-2013
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Re: Settle a debate - Walmart card


axxy wrote:

That kind of debate is normal.  Misinformation is what brothers are for.

 


So true.  He personally has horrid credit but since he worked there for two years he thinks he knows the ins and outs of all things walmart which just isn't true.  LOL

Total CL: $40k+
Discover, BOA, GE, Cap 1, Chase, Barclay!
Gardening Start: 04/22/2013

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Posts: 13,869
Registered: ‎04-15-2011
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Re: Settle a debate - Walmart card

Late to the party, but, yes..  They are revolving accounts backed by GE.  Now go beat up  your brother...   LOL!!!!



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July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
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Valued Contributor
Posts: 1,954
Registered: ‎03-30-2012
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Re: Settle a debate - Walmart card

Didn't they use to call all store cards...revolving or not...charge cards in like the '80s? lol

Scores 5/13/2014: TU FICO: 639 | EQ FICO: 645| EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
Moderator
Posts: 27,207
Registered: ‎09-13-2012
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Re: Settle a debate - Walmart card

I'm even later to the party ! If and when you are upgraded to their Discover they will still be revolving cards. :smileylol;
Established Contributor
Posts: 500
Registered: ‎02-02-2013
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Re: Settle a debate - Walmart card

LOL you folks are too funny :smileytongue: He is a little upset now that I proved him wrong.  Funny thing is I just got a SW alert showing the new accounts and it says CHARGE hahah! I had to laugh at that :smileywink:

 

Crazy thing, three new accounts and 4 new inquirys and my score went up again.

Total CL: $40k+
Discover, BOA, GE, Cap 1, Chase, Barclay!
Gardening Start: 04/22/2013

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