Walmart Launches Revamped Credit Card Rewards Program

Image courtesy of Mike Mozart

Saving money at Walmart is as easy as 1-2-3 — or 3-2-1? Either way, that’s the point the mega-retailer appears to be trying to get across with its newly launched Walmart Credit Card and Walmart MoneyCard cash-back rewards program. 

Starting Friday, the company says its cards will offer a percentage of cash back to users under what it calls a simplified rewards value proposition, dubbed “3-2-1 Save.”

Under the program, users can earn 3% cash back on purchases made on Walmart.com; 2% cash back on fuel purchases at Walmart or Murphy USA gas stations; and 1% cash back on purchases made at Walmart stores or anywhere Walmart Credit Cards or Walmart MasterCard is accepted.

The company’s previous program only had two ongoing rewards: $5 back for every $500 spent and a discount of $0.05 per gallon on fuel purchased at Walmart gas stations.

“We’re always looking for ways we can create and change products and services to make them even better for our customers,” Daniel Eckert, senior vice president of services at Walmart, said in a statement. “The new 3-2-1 Save program simplifies and strengthens the card proposition for more than 10 million cardholders and helps add even more value to their Walmart purchases no matter how they choose to shop with us.”

[via Business Insider]