Walmart no longer has deferred interest?

[Poppa]

Only for new account holders apparently. I have been reading the interest no longer accrues during the 0% financing promotional period. Lucky new account holders eh?

[Dalmus]

I get periodic emails that tell me "Occasionally Walmart will offer special financing terms..."  At certain spend levels...

[Anonymous]

Im not sure where this misconception came from. In the email i recieved it said that they now offer 0% and differed 0%. No where does it say only for new card holders. In fact, I recieved an offer email with 0% interest on a promotional purchase, good to use until October. Again, no where does it state new card holders.

[sunkissed]

Special financing offers still exist for existing customers. I see it when I log into my account.

[Poppa]

https://www.nerdwallet.com/blog/credit-cards/walmart-no-more-deferred-interest/

http://247wallst.com/investing/2017/05/04/wal-mart-offers-new-no-interest-financing/amp/

[Anonymous]

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@Poppa wrote:
https://www.nerdwallet.com/blog/credit-cards/walmart-no-more-deferred-interest/

http://247wallst.com/investing/2017/05/04/wal-mart-offers-new-no-interest-financing/amp/

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It doesn't say, in either of those articles, that's it's only for new card members. 

This is actually a very good thing for cardholders ... NO interest over deferred? I'll take that any day. Just pay it off before the promotion ends and you're fine. 

[Scupra]

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@Anonymous wrote:

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@Poppa wrote:
https://www.nerdwallet.com/blog/credit-cards/walmart-no-more-deferred-interest/

http://247wallst.com/investing/2017/05/04/wal-mart-offers-new-no-interest-financing/amp/

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It doesn't say, in either of those articles, that's it's only for new card members. 

This is actually a very good thing for cardholders ... NO interest over deferred? I'll take that any day. Just pay it off before the promotion ends and you're fine. 

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I have no idea if it is only for new applicants BUT in the first link posted....

"The “no interest” period on Wal-Mart credit cards now really means no interest. As of May 4, 2017, the cards issued by Synchrony Bank will no longer charge deferred interest for new applicants."

It is listed in the article though, first paragraph

[Anonymous]

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@Scupra wrote:

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@Anonymous wrote:

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@Poppa wrote:
https://www.nerdwallet.com/blog/credit-cards/walmart-no-more-deferred-interest/

http://247wallst.com/investing/2017/05/04/wal-mart-offers-new-no-interest-financing/amp/

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It doesn't say, in either of those articles, that's it's only for new card members. 

This is actually a very good thing for cardholders ... NO interest over deferred? I'll take that any day. Just pay it off before the promotion ends and you're fine. 

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I have no idea if it is only for new applicants BUT in the first link posted....

"The “no interest” period on Wal-Mart credit cards now really means no interest. As of May 4, 2017, the cards issued by Synchrony Bank will no longer charge deferred interest for new applicants."

It is listed in the article though, first paragraph

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Apologies to the OP ... I missed that part

[Anonymous]

And don't expect any help from the CSRs on chat. 

The one I chatted with told me both deferred and no-interest plans were available to each and every customer. So I asked again, and she said they were "the same" plans. So I explained to her how deferred works versus no-interest, and she said interest accrued during the promotional period would be assessed on the account if the balance wasn't paid within the time period alloted. 

So I said, "then the no-interest promotion is only for new cardholders?" And she replied, it's available to all card holders. 

~head asplodes~ 

[Anonymous]

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@sunkissed wrote:

Special financing offers still exist for existing customers. I see it when I log into my account.

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+1

@Anonymous too! It's @ the bottom of the Summary page. Click and print.