Walmart Credit Card Grace Period: Is It 25 Day Or 24 Day?
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What Is Walmart Credit Card Grace Period? Explained

by Bharat Kumar — 3 days ago in Finance 3 min. read
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The official Walmart credit card grace period is 25 days (twenty five days) from the end of your billing cycle and the due date for your payment.

If you paid the debt amount in full within the grace period, you won’t be charged interest.

Otherwise, accrued interest on the remaining balance will be charged, implied as Walmart policies.

Continue reading to know about walmart credit card fees!

Walmart Credit Card Grace Period Explained

A grace period is the time between the end of your billing cycle and the due date for your payment.

Both credit cards offered by Walmart impose zero-annual fees for maintenance. But there’s walmart credit card APR which can be also managed if you are responsible to skip interest payments.

Another thing is that if you fail to repay the amount within the grace period that is billed to you, both of the credit cards (which you may use) implied $39 to $41 late payment.

Mindful that missing the due date or paying less than the minimum required can result in:

  • Potential late fees.
  • Loss of the grace period.
  • Accrued interest on the remaining balance.

Walmart Credit Card: Fees Structure

Yes, Walmart credit cards have various fee structures depending on the type of transaction or situation.

Walmart transaction fee of credit card

No foreign transaction fee on Walmart Rewards Mastercard because this card is suitable for interaction use.

Walmart Rewards Card cannot be used outside of Walmart-affiliated locations, so no foreign transaction fees apply.

Walmart annual fee of credit card

Both the credit cards have no annual fees but do have APR for purchases and balance transfers including cash advances.

Walmart credit card over limit fee

There are no over-limit fees, as purchases are generally declined if they exceed your credit limit.

What Is Capital One Walmart Credit Card Grace Period?

Capital one walmart credit card holders have 25 days of grace period for amount settlement.

Partnership between Walmart and the Capital One venture ended this year, therefore Walmart doesn’t offer capital one walmart credit card to new customers anymore.

However, those previously using capital one credit card of Walmart will continue using without interruptions. Speaking of grace period change, there is no impact on that either.

Is It Possible To Extend Walmart Credit Card Grace Period?

Typically not possible because the grace periods are set by the card issuer. Card consumers cannot request for grace period extension by any means.

!

What Happens When I Miss A Credit Card Grace Period?

Certain things happen when you miss the credit card grace period for amount settlement.

1. Interest Accrues Immediately

If the full balance isn’t paid by the due date, interest will start accruing on the unpaid amount from the day after the due date. Until you pay off the full balance, new purchases will also accrue interest.

2. Late Payment Fees

If you miss the payment due date entirely, you may incur a late fee of up to $41, depending on your payment history and card terms.

3. Negative Impact on Credit Score

Credit card issuers report payments to credit bureaus. In situations like payment 30+ days late will potentially lower your credit score significantly.

Final Thought

It is important to pay your credit card bills within the grace period to avoid any penalties and extra fee. Pay as immediately as you can to maintain your credit score.

By acting quickly after missing a Walmart credit card grace period, you can mitigate the financial impact and prevent further issues.

That’s all in this blog. Thanks for sharing 🙂

Author’s Recommendation

👉 Walmart Call Out Number
👉 W2 Form From Walmart
👉 Walmart GTA Portal

Disclaimer: The information written on this article is for education purposes only. We do not own them or are not partnered to these websites. For more information, read our terms and conditions.

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Bharat Kumar

Bharat is an editor and writer at The Next Tech. He focuses on sharing industry-first tech news and potential how-to(s) guides for a broad range of categories. Outside of his work, he received a Bachelor’s Degree in Business Administration, with a multitude of education certificates. He’s always up to learn new things, and a die-hard fan of Call of Duty Saga(s).

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