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Established Contributor
Cageym
Posts: 507
Registered: ‎07-31-2012

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 $10K NFCU Sig Visa $25k Amex Zync NPSL Delta Gold $18k BCE $2k Citi Simplicity $5450 Priority Select Visa 5.9K Amazon Visa 4k CSP 5k
Starting Score: 5/2010 550-ish
Current Score: 6/20/2013 TU 800 6/20/2013 EQ 770 6/20/2013 EX 775
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Revelate
Posts: 6,751
Registered: ‎12-30-2011

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? :smileyhappy:

 

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.

 

 


Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
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Frequent Contributor
SwampSystems
Posts: 358
Registered: ‎06-25-2012

Re: Walmart, Amex to make financial services announcement Monday

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

Established Contributor
ccnewcc
Posts: 560
Registered: ‎09-29-2012

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

Regular Contributor
bostonte
Posts: 246
Registered: ‎10-04-2009

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.

Established Contributor
Cageym
Posts: 507
Registered: ‎07-31-2012

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 $10K NFCU Sig Visa $25k Amex Zync NPSL Delta Gold $18k BCE $2k Citi Simplicity $5450 Priority Select Visa 5.9K Amazon Visa 4k CSP 5k
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
Moderator
Shogun
Posts: 10,924
Registered: ‎04-15-2011

Re: Walmart, Amex to make financial services announcement Monday

Well it definitely has my attention!


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Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

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. 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Moderator
Shogun
Posts: 10,924
Registered: ‎04-15-2011

Re: Walmart, Amex to make financial services announcement Monday

If that's the case.  Big woop.  :smileyhappy:


Starting Score: 504

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Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Walmart, Amex to make financial services announcement Monday


Shogun wrote:

If that's the case.  Big woop.  :smileyhappy:


It is gonna be something dumb like that :smileytongue: 

 

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 :smileytongue: 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL

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