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nicholasyud
Posts: 1,734
Registered: ‎08-13-2012
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Re: When does walmart usually come out with statements?

[ Edited ]

jsucool76 wrote:

creditnocash wrote:


They just gave me a $300 CLI after 2.5 months because I called and asked for one. Now is CLI time for the walmart card because they are doing a 0% offer on all electronics purchases over 429$


how the $429 work >? so if you make a purchase for $500 and they generate your bill for $500...........then you just had to make a minimum payment or .... i need some explain to this one p

 


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creditnocash
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Re: When does walmart usually come out with statements?


nicholasyud wrote:

jsucool76 wrote:

creditnocash wrote:


They just gave me a $300 CLI after 2.5 months because I called and asked for one. Now is CLI time for the walmart card because they are doing a 0% offer on all electronics purchases over 429$


how the $429 work >? so if you make a purchase for $500 and they generate your bill for $500...........then you just had to make a minimum payment or .... i need some explain to this one p

 


no its a no interest offer. 

 

You have your limit. 

Anything you buy in walmart for 429 or more has no interest for 6 or 18 months. not sure what walmart does. and all you have to do is make minimum payments. but if you dont pay off the balance before the time is up (6 or 18 months) they charge back interest. 

Current: Discover Fico 689 9/14 Walmart Fico 689 9/14

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jsucool76
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Registered: ‎12-11-2011
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Re: When does walmart usually come out with statements?


nicholasyud wrote:

jsucool76 wrote:

creditnocash wrote:


They just gave me a $300 CLI after 2.5 months because I called and asked for one. Now is CLI time for the walmart card because they are doing a 0% offer on all electronics purchases over 429$


how the $429 work >? so if you make a purchase for $500 and they generate your bill for $500...........then you just had to make a minimum payment or .... i need some explain to this one p

 


If you make an electronics purchase for more than $429, you get 0% financing for 18 months I think it is. 

 

I have no intentions of making an electronics purchase, but when they do promos like this, if you mention it they'll usually throw you a bit of an increase because they think you're going to make a fairly substantial purchase. My limit was only $500 so I said I couldn't purchase anything over $429 since that would max out my card. 

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nicholasyud
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Re: When does walmart usually come out with statements?

but they orig interest is 22.9 % how do they seperate them from your regular purchase ???


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

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jsucool76
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Registered: ‎12-11-2011
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Re: When does walmart usually come out with statements?


nicholasyud wrote:

but they orig interest is 22.9 % how do they seperate them from your regular purchase ???


You bring in a coupon which you get emailed to you (if you have the card) OR it is available on the walmart credit card page

 

 Coupon

 

When you make your purchase you have the cashier scan it and then you get 0% for 18 months. 

Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012
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Re: When does walmart usually come out with statements?

are their qualify for the future promotion 0% might as well >?? anyone know ?


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

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creditnocash
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Registered: ‎07-23-2012
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Re: When does walmart usually come out with statements?

I think its there all the time if you ask in store the person has a coupon to scan. 

like the same thing with best buy. I believe if its 249 or up is 0 for 6 months and 499 and up is 18months 0 interest. 

 

How do they know? Trust me they know. Basically how it works. When you pay your bill. Your highest interest gets paid first. 

So lets say you take advantage of that. 

You buy a 600 dollar TV and have a 2k limit. Then you charge 1k in the next month. and you only pay 900. none of that goes to the 0 interest purchase. 

and if you don't pay off in the 18 months they charge you all the interest you would of accrued if you didn't have the deal. 

Current: Discover Fico 689 9/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
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SwampSystems
Posts: 358
Registered: ‎06-25-2012
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Re: When does walmart usually come out with statements?


creditnocash wrote:

I think its there all the time if you ask in store the person has a coupon to scan. 

like the same thing with best buy. I believe if its 249 or up is 0 for 6 months and 499 and up is 18months 0 interest. 

 

How do they know? Trust me they know. Basically how it works. When you pay your bill. Your highest interest gets paid first. 

So lets say you take advantage of that. 

You buy a 600 dollar TV and have a 2k limit. Then you charge 1k in the next month. and you only pay 900. none of that goes to the 0 interest purchase. 

and if you don't pay off in the 18 months they charge you all the interest you would of accrued if you didn't have the deal. 


Your highest interest gets paid first for all amount paid over your minimum payment. They can do whatever they want with the minimum part of your payment.

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nicholasyud
Posts: 1,734
Registered: ‎08-13-2012
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Re: When does walmart usually come out with statements?

so let said i did paid my balance in full on 12 months period and using my card again after the bill had paid in full ? do they still charge interest on it ? i mean im kinda confuse............


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k


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