Wal-Mart Complaint - WalMart Credit GEMB
SOUTH CAROLINA -- I had an account with Walmart credit and have cancelled it. The company claims to apply credit to your account immediately after an in store payment. I paid off my balance and when I checked it on the internet I noticed it hadn't posted to my available credit. It had every time before so I called to ask why. They said it was because I paid my account off in full a few days after using the card each time I used it and it was a security issue so credit would be held for a month in the amount of the last payment. I had never heard of such a thing. I called another creditor (Chase Bank) and asked them what their policy on early payments was and they said as long as an account was paid in full there was no problem as to how early it was paid. I would not advise anyone to bother with the Walmart credit card. After checking on the internet I found many complaints form other customers as well for different reasons.