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The information about the costs of the card described below is accurate as of April 1, 2011. This information may have changed after
that date. To find out what may have changed, write to us at P.O. Box 981469, El Paso, TX 79998-1469. This application and the credit
card agreement will be governed by federal law, and to the extent state law applies, the laws of Utah. Subject to the requirements and
limitations of applicable law, we may change, add to or delete any of the terms of the agreement, including the interest rates, fees and
charges and we will send you notice as required.
GE MONEY BANK
WALMART® DISCOVER® CARD AND WALMART® CREDIT CARD ACCOUNT
Interest Rates and Interest Charges
Walmart® Discover® card Walmart® Credit Card
Annual Percentage Rate
(APR) for Purchases
This rate will vary with the market based on This rate will vary with the market based on
the prime rate. the prime rate.
APR for Balance Transfers 22.90% Not Applicable
This rate will vary with the market based on
the prime rate.
APR for Cash Advances 25.90% Not Applicable
This rate will vary with the market based on
the prime rate.
How to Avoid Paying Your due date is at least 23 days after the Your due date is at least 23 days after the
Interest on Purchases close of each billing cycle. We will not charge close of each billing cycle. We will not charge
you any interest on purchases if you pay your you any interest on purchases if you pay your
entire balance by the due date each month. entire balance by the due date each month.
Minimum Interest Charge If you are charged interest, the charge will be If you are charged interest, the charge will be
no less than $1.00. no less than $1.00.
For Credit Card Tips from To learn more about factors to consider To learn more about factors to consider
the Federal Reserve Board when applying for or using a credit card, visit when applying for or using a credit card, visit
the website of the Federal Reserve Board at the website of the Federal Reserve Board at
h t t p : / / w w w. f e d e r a l r e s e r v e . g o v / h t t p : / / w w w. f e d e r a l r e s e r v e . g o v /
• Balance Transfer Either $5 or 3% of the amount of each transfer, Not Applicable
whichever is greater.
• Cash Advance Either $5 or 3% of the amount of each Cash Not Applicable
Advance, whichever is greater.
• Foreign Transaction 3% of each transaction. Not Applicable
• Late Payment Up to $35 Up to $35
How We Will Calculate Your Balance: We use a method called “daily balance”.
The prime rate for a billing cycle is the highest bank prime loan rate published in The Wall Street Journal in its Money Rates section on
the 15th day (or the next business day if the 15th day is not a business day) of the calendar month preceding the first day of the billing
cycle. If approved, a credit card account agreement will be provided to you with additional information about your account.
Important note about Walmart Discover card rates: Lower rates may be offered in Walmart Stores.
CONSENT TO ELECTRONIC COMMUNICATIONS
By submitting an application online, or signing up for online services (“e-service”), for your Walmart Credit Card or Walmart Discover card account, you
hereby agree to the following and this will constitute your consent (“Consent”) for us to send you electronic communications.
1. Categories of Communications.
You understand and agree that GE Money Bank, the issuer of the Walmart Credit Card and the Walmart Discover card, our assignees, or other holders of your Walmart
Credit Card or Walmart Discover card Account (“we” or “us”) may provide to you by electronic means information regarding your Walmart Credit Card or Walmart
Discover card Account (each respectively, a “Credit Card Account”), including disclosures required by applicable federal or state law (collectively, “Communications”)
which may include, but is not limited to, the following:
• The initial disclosure statement or agreement (“Agreement”) governing the Credit Card Account, including, without limitation, any Truth in Lending Act disclosures;
• Letters or notices regarding your Credit Card Account, including customer service responses;
• Other federal and state law disclosures, notices and communications in connection with the application for, the opening of, maintenance of or collection of the
Credit Card Account; and
• Disclosures, Debt Cancellation Agreement and other information related to optional Debt Cancellation products you may elect to purchase.
Communications may be sent to your e-mail address. Communications may include your name and some information about your Credit Card Account, including your
balance or the due date. Electronic Communications may be disclosed to any party with access to your Credit Card Account or e-mail account or hardware or software
used to view your Credit Card Account or e-mail account.
2. Manner of Consent.
You acknowledge that by giving your Consent through this website, you demonstrate that you can access information that we may provide to you by posting electronic
Communications on a website.
3. How to Withdraw Consent.
You may not apply online for a Credit Card Account, and you may not register your Credit Card Account for e-service, unless you provide your Consent. After you
open a Credit Card Account or register your Credit Card Account for e-service, you may withdraw your Consent by contacting customer service or by writing to
P.O. Box 981469, El Paso, TX 79998-1469.
4. Hardware and Software Requirements.
In order to access and retain Communications, you must have:
• An Internet Browser which supports HTML 4.0 and SSL-encryption, such as Netscape 4.0 or later and Microsoft Internet Explorer 4.0 or later.
• A means to print or store notices and information through your browser software.
• A personal computer or equivalent device capable of connecting to the Internet via dial-up, DSL, Cable Modem, Wireless Access Protocol, or equivalent, and that
supports the foregoing requirements.
5. Paper Copies of Communications.
pursuant to this Consent. If you would like a paper copy of any of this material (other than the Debt Cancellation Agreement) please write to us at P.O. Box 981469,
El Paso, TX 79998-1469. If you would like a copy of your Debt Cancellation Agreement, please write us at P.O. Box 39, Roswell, GA 30077-0039. There will be no
charge for a paper copy of this material.
6. Communications in Writing.
All Communications in either electronic or paper format from us to you will be considered “in writing”. You should print or download a copy of this Consent, the
7. Electronic Signatures.
You acknowledge that by clicking on the “I Agree”, the “Submit” or similar button on this website, you are indicating your intent to sign the relevant document or record
and that this shall constitute your signature.
8. Federal Law.
You acknowledge and agree that your Consent is being provided in connection with a transaction affecting interstate commerce that is subject to the federal Electronic
Signatures in Global and National Commerce Act, and that you and we both intend that the Act apply to the fullest extent possible to validate our ability to conduct
business with you by electronic means.
HOW TO EARN CASH REWARDS
WALMART® DISCOVER® CARD
Subject to the Terms set forth below, you are eligible to receive a rebate on purchases made with the Walmart® Discover® card. Cash rebate is not available for the
Walmart® Credit Card.
1. Determination of Cash Rebate Percentage. The amount of your Year to Date Purchases will be used to determine the percentage of each Purchase eligible for
rebate. The greater the amount of Year to Date Purchases, the higher the rebate percentage.
2. Rebate Tiers. The percentage of each Purchase eligible for rebate is as follows:
Amount of Year-to-Date Purchases Percentage of Purchase
(Including the current Purchase) Eligible for Rebate
Up to $1,500 0.25%
$1,500.01 – $3,000 0.50%
Over $3,000 1.00%
If a Purchase causes Year-to-Date Purchases to span multiple rebate tiers, the applicable rebate percentage for each spanned tier will apply to that portion of the
Purchase falling within such tier. For example, if a Cardholder already having Year-to-Date Purchases totaling $2,000, makes an additional $2,000 Purchase, $1,000 of
that additional purchase would be eligible for a 0.50% rebate and the remaining $1,000 would be eligible for a 1.00% rebate.
3. Issuance of Rebate Checks. After each Purchase, a Cardholder will accrue a potential rebate based on the applicable percentage. No rebates will be issued to a
Cardholder until the Cardholder’s accrued rebates equals or exceeds $10.00, at which time, unless the Cardholder’s account is delinquent, a rebate check will be sent
to the Cardholder with the Cardholder’s next billing statement. Cardholders have no right to accrued rebates in an amount of less than $10.00.
4. Other Conditions. A Cardholder will forfeit all accrued, unpaid rebates if the Cardholder’s account is closed for any reason (other than as a result of a lost or stolen
card, in which case all accrued rebates will be applied to the replacement card). Rebate checks expire on the expiration date printed on the front of the checks. These
Terms may be changed or discontinued at any time without notice. Changes may include, among other things, modifying the amount of Purchases required to qualify
for the various potential rebate tiers, changing the rebate percentages, imposing additional restrictions, or terminating the program.
5. Definitions. As used herein, the following terms will have the following meanings:
“Card” means the Walmart® Discover® card.
“Cardholders” means the person to whom the Card was issued.
“Card Year” means a calendar year.
“Purchase” means a purchase of merchandise or services using the Walmart® Discover® card. Purchase does not include any other type of Card transaction, including
cash advances, quick cash advances or balance transfers.
“Terms” means these terms for how to earn cash back.
“Year-to-Date Purchases” means the amount, at the time each Purchase is made, of net Card purchases (total Card purchases minus returns and adjustments) made
during the Card Year. At the beginning of each Card Year, the amount of Year-to-Date Purchases will be reset to zero.
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