Capital One and Walmart announced the end of their exclusive consumer credit card partnership that began in 2019, though cardholders can continue to use their cards and earn rewards.

In a government filing Friday, Capital One said there are approximately $8.5 billion in loans in the existing Walmart credit card portfolio. It’s not yet clear when Walmart might name a new ...

Walmart hopes its new credit card will give customers incentives to continue shopping at the store while spending money elsewhere. It also will offer a private-label card with Capital One ...

McLean-based Capital One has been the sole issuer for Walmart’s credit cards since 2019, per a contract it signed in 2018, taking over from Synchrony Financial (NYSE: SYF), which had been ...

Capital One and Walmart struck a long-term credit card partnership in 2018, but their relationship has since turned hostile, with each company accusing the other of failing to meet its obligations.

Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer credit cards before ending last ...

The credit card agreement between Walmart and Capital One dates back to late July 2018, when the two companies first unveiled the deal. It kicked off about a year later.

Walmart Inc. asked a federal court to allow it to end its credit-card partnership with Capital One Financial Corp., saying the bank has failed to meet critical standards for customer care.

McLean-based Capital One Financial is no longer the exclusive issuer of Walmart consumer credit cards. The two Fortune Global 500 companies announced Friday that they had ended their consumer card ...

Walmart ends credit card partnership with Capital One, but shoppers can still use their cards by: DEE-ANN DURBIN, Associated Press Posted: May 25, 2024 / 09:43 AM PDT Updated: May 25, 2024 / 09:05 ...

Walmart had tied up with Capital One in 2018 after ending its two-decade long partnership with Synchrony Financial. Capital One started issuing the store-branded credit cards from 2019.