Monday, December 12, 2011

How does a walmart credit card actually work?

I want to apply for a walmart credit card but im not to sure exactly how that stuff works. Lets say i want to purchase a playstation for $400 and i use my credit card, how does the rest work?|||A Walmart credit card works just like any other card. You charge something, get a statement which shows what you charged, the minimum payment and the due date. If you pay the balance in full, you won't pay interest but if you only make a partial payment, you will be charged the monthly interest rate (APR divided by 12) on the average daily balance (total of each day's balance, divided by the number of days).





Maybe you should check out this site: http://credit.about.com/od/credit101/u/c鈥?/a> Educate yourself on credit cards.|||The rest....





You present the card, sign for the purchsae, take the item home, wait for the bill. Pay it when due.





That's about it.

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