cancel
Showing results for 
Search instead for 
Did you mean: 

Walmart, Amex to make financial services announcement Monday

tag
Cageym
Established Contributor

Walmart, Amex to make financial services announcement Monday

A Walmart co-branded Amex maybe? http://www.reuters.com/article/2012/10/07/us-walmart-idUSBRE8960MA20121007

What's in my wallet: Cap1 Venture NFCU Sig Visa Delta Gold Amex BCE Citi Simplicity IHG World MC Amazon Visa CSP
Starting Score: 5/2010 550-ish
Current Score: 6/20/2013 TU 800 6/20/2013 EQ 770 6/20/2013 EX 775
Goal Score: 800 accross the board
Message 1 of 15
14 REPLIES 14
Revelate
Moderator Emeritus

Re: Walmart, Amex to make financial services announcement Monday

85% of their transactions in the past were made by cash?  How long as go was in the past? Smiley Happy

 

I'll certainly be interested to see what they say, Amex definitely needs to revamp some of their practices, this may be one of them enroute to being a more general purpose card issuer / servicer.

 

 




        
Message 2 of 15
SwampSystems
Frequent Contributor

Re: Walmart, Amex to make financial services announcement Monday

I bet it has something to do with a Walmart-branded Serve card.

Message 3 of 15
ccnewcc
Established Contributor

Re: Walmart, Amex to make financial services announcement Monday

Co-branded annoucment?  Perhaps....but that doesn't sound like amex.  especailly since they just axed the zync

Message 4 of 15
bostonte
Frequent Contributor

Re: Walmart, Amex to make financial services announcement Monday

It will be a prepaid card, I'm sure. much like the one Amex brands for Target.

Message 5 of 15
Cageym
Established Contributor

Re: Walmart, Amex to make financial services announcement Monday

I know it, but there can't be many other reasons to have a joint announcement. Unless Wally-world is buying Amex.LOL

What's in my wallet: Cap1 Venture NFCU Sig Visa Delta Gold Amex BCE Citi Simplicity IHG World MC Amazon Visa CSP
Starting Score: 5/2010 550-ish
Current Score: 6/20/2013 TU 800 6/20/2013 EQ 770 6/20/2013 EX 775
Goal Score: 800 accross the board
Message 6 of 15
Shogun
Moderator Emeritus

Re: Walmart, Amex to make financial services announcement Monday

Well it definitely has my attention!

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 7 of 15
jsucool76
Super Contributor

Re: Walmart, Amex to make financial services announcement Monday

The walmart moneycard is offered in a visa and MC version. Chances are they're going to announce an amex version, or somehow play the amex prepaid card into their walmart moneycard equation. 

Message 8 of 15
Shogun
Moderator Emeritus

Re: Walmart, Amex to make financial services announcement Monday

If that's the case.  Big woop.  Smiley Happy

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 9 of 15
jsucool76
Super Contributor

Re: Walmart, Amex to make financial services announcement Monday


@Shogun wrote:

If that's the case.  Big woop.  Smiley Happy


It is gonna be something dumb like that Smiley Tongue 

 

I didn't even know about the moneycard until I was at lunch the other day, and the card I wanted to use was trapped behind my walmart card, so I pulled that out, and my buddy goes "oh, you have the walmart prepaid card?" I was like "no..." 

 

#Embarassing Smiley Tongue 

Message 10 of 15
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.