Established Contributor
Cageym
Posts: 514
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 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
Moderator
Revelate
Posts: 9,750
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)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


Take the myFICO Fitness Challenge
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

Frequent Contributor
bostonte
Posts: 263
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: 514
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 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
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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!
Senior Contributor
jsucool76
Posts: 3,983
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. 

;
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: Walmart, Amex to make financial services announcement Monday

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


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!
Senior Contributor
jsucool76
Posts: 3,983
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: 

;