Walmart Cardholders Get Gas Discounts Again

The company roffered a similar gas price campaign last year

   

Walmart Cardholders Get Gas Discounts Again

Walmart (NYSE:WMT) wants to get more people to use its branded credit cards. This year, the world’s largest retailer is offering a deal people may find hard to turn down.

Consumers who use Walmart credit cards or Walmart MoneyCards at 1,000 selected gas stations in 20 states, will get a discount of 15 cents per gallon of gas they buy with the cards, Reuters noted.

Walmart register check out 200x200 Walmart Cardholders Get Gas Discounts Again
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The promotion starts on August 31 and runs through December 24. Walmart offered a similar discount program last year offering a 10-cent-per-gallon discount to its card users.

Gasoline prices have risen steadily in recent weeks, reaching or surpassing $4 per gallon in many areas of the country.

Even people who don’t have Walmart credit cards can get in on the deal. Consumers who purchase gasoline at participating stations using a Walmart gift card will get a 10 cents per gallon discount.

Other retailers are seeing the wisdom in offering gas discounts. Grocery chain Kroger (NYSE:KR) announced that it will maintain its summer discount campaign until the end of the year in response to strong consumer demand.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/walmart-cardholders-to-get-gas-discounts-again/.

©2014 InvestorPlace Media, LLC

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