COF Jan 2025 80.000 put
- Barrons.com
Walmart and Capital One End Credit-Card Partnership
Capital One Financial will no longer be issuing Walmart’s branded credit cards, the companies said Friday. The move comes a little over a year since Walmart sued the card issuer to sever the partnership, arguing Capital One failed to meet certain terms of their contract. The bank had disputed the retailer’s authority to terminate the relationship early, but a federal judge ruled in favor of Walmart earlier this year.
- Reuters
Walmart, Capital One end credit card agreement
Walmart has ended its agreement with Capital One Financial, which was the exclusive issuer of Walmart consumer credit cards.
- PR Newswire
Capital One and Walmart Announce End of Consumer Card Partnership Agreement
Capital One Financial Corporation (NYSE: COF) and Walmart Inc. (NYSE: WMT) announced that they have ended the agreement that made Capital One the exclusive issuer of Walmart Consumer Credit Cards. In 2019, Capital One and Walmart introduced the Capital One Walmart Rewards Credit Card Program.
