Walmart Canada operates a chain of more than 400 stores nationwide serving 1.5 million customers each day. Visit Walmart.ca Financial Services for Installment Plan Terms and Conditions. The new service will be promoted in stores and online across the country. The new service option is part of Walmart Canada’s overall plan to strengthen and expand its financial services offering and launch new products and services for millions of customers across Canada. “This new program builds on the already strong offering of the Walmart Rewards Mastercard and provides more flexibility and options for cardholders. “We are thrilled to deliver this new payment option for Canadians to support holiday shopping and our customers’ ongoing everyday needs,” said Jim Kozack, Vice President Product Marketing, Duo Bank. Since the launch of Walmart Rewards Mastercard, cardholders have realized almost $400 million of redeemed Canadian dollars back in Walmart stores and on Walmart.ca. We will continue to expand our financial services offering to provide more access, value and inclusion for all Canadians.” Offering the flexibility to pay in installments along with our everyday low prices and Walmart Rewards is just one more way for us to make a difference in Canadians’ lives.
“We’re more than just a place where people shop, we’re a company Canadians rely on for everyday needs, ways to save money and to live better. “This is a very exciting new service for our customers and one they’ve asked for,” said Jennifer Jones, Vice President, Financial Products, Services and Payments, Walmart Canada. This new payment option will offer customers more choice and flexibility in addition to the benefit of Walmart Canada’s everyday low prices and the Walmart Rewards earned on all transactions when using the Walmart Rewards Mastercard.Īs part of the launch of the program, the 2.5% Installment Plan set-up fee is being waived for a limited time.
Duo Bank is the issuer of the Walmart Rewards Mastercard.Ĭustomers can split their in-store and all online general merchandise purchases into six equal installments billed to their Walmart Rewards Mastercard monthly, when the total purchase is $199.99 or more.
The new Installment Plan through the Walmart Rewards Mastercard provides flexible ways to pay for larger ticket items and shopping baskets. Mississauga, – Walmart Canada and Duo Bank of Canada are launching the first-ever Walmart Rewards™ Mastercard® Installment Plan to offer Walmart customers even more convenient and flexible payment options.Ĭustomers have said they want more payment flexibility when they shop. Expanding services and payment options for Walmart customers
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