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I was approve for a Walmart Store Card. What does Charge account mean on my report?

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Anonymous
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I was approve for a Walmart Store Card. What does Charge account mean on my report?

I was hoping to use this store card to finance a TV on Black Friday. Is this not possible? I'm reading that once the statement comes I have to pay it in full. Can I not pay monthly?
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gdale6
Moderator Emeritus

Re: I was approve for a Walmart Store Card. What does Charge account mean on my report?

You can use the card and make minimum payments on it or pay more if you wish. The entire balance is not due at the time of billing. It just gets reported as a charge account as its not a bankcard.
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