Walmart had leaned on Capital One as its exclusive credit card issuer since 2018, but sued to exit the agreement early in 2023, CNBC reported. Capital One later claimed Walmart wanted to end the ...

The Walmart card program had 10 million customers and roughly $8.5 billion in loans outstanding last year, when the partnership with Capital One ended, according to Fitch Ratings.

OnePay will begin offering the cards in the US later this year. Synchrony issued the Walmart credit card for nearly two decades until 2018, when it lost the partnership to Capital One Financial Corp.

Capital One Platinum Secured Credit Card: Best feature: Potential access to a higher credit line in six months Capital One Venture X Rewards Credit Card: Best feature: 75,000-mile sign-up bonus ...

Insider’s Rating 4.85/5 Perks Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel. Earn 5X miles on flights and vacation rentals booked through Capital One Travel.

Walmart, however, ended its credit card partnership with Capital One in 2024, citing delays in updating transactions to cardholders' accounts and slow replacement of lost cards.

How to Downgrade a Capital One Credit Card If you want to downgrade instead, the process is fairly similar. Here’s how to do it: — Call Capital One customer service.

Walmart had leaned on Capital One as the exclusive provider of its credit cards since 2018, but sued the bank in 2023 so that it could exit the relationship years ahead of schedule. At the time ...