The content is accurate at the time of publication and is subject to change.

News: Walmart Gives Their  Credit Card Rewards an Upgrade -

People who use the Walmart Credit Cards and Walmart MoneyCards to shop and earn rewards will have more chances to do that with the roll out of the 3-2-1 Save program, Walmart's new rewards program, letting them earn up to 3% cash back on purchases when using their cards.

The 3-2-1 aspect of this program refers to the breakdown of cash back, with people earning the most when they shop at Walmart via their website. Here they earn 3% back on all purchases, while earning 2% back when buying gas or fuel at Walmart or Murphy USA gas stations.

Last but not least, cardholders earn 1 % back on all other purchases, whether made at Walmart or elsewhere. The rewards are then paid as a statement credit to the cardholders account. This new offer is open to cardholders in the U.S and Puerto Rico.

Additional benefits with Walmart cards

Once approved for the Walmart credit card people get 10% off the first day they use their card on up to $250 in purchases. Cardholders also get access to special in-store financing for big ticket items with financing options including six-month and 12-month options.

With more and more people trying to get a handle on their credit score or looking to make sure hackers haven't gotten their hands on their financial data, people are looking to access their credit score. One of the benefits of having the Walmart credit card is also getting access to their FICO credit score for free every month. To take advantage of this offer they must first sign up to get an electronic statement.

The back story

Walmart developed this program in conjunction with Synchrony Financial, the bank that issues and manages their payment card portfolio, and is seen as being a way for them to give their customers more value while capitalizing on the increasing popularity of online shopping.

“We work closely with Walmart to meet the evolving needs of their customers, including differentiated channel rewards with expanded opportunities to save, along with special financing options for larger ticket purchases. The new 3-2-1 Save program aligns with Walmart’s mission for consumers to save money and live better,” said Tom Quindlen, executive vice president and CEO, Retail Cards, Synchrony Financial. “We are excited about this program as it also recognizes the increasing shift toward online and mobile shopping and is the first credit card program designed to offer Walmart cardholders even greater savings on their online purchases.”