Wal-Mart Inc. is in the works to introduce a MasterCard credit card that is chip-enabled. According to the blog post on the company’s official website, the new card will serve “as a more secure payment means for cardholders.”
Users of the card will get $5 back for every $500 they spend, as well as saving 5 cents per gallon of gas at select Walmart gas stations. They will also save 15 cents through the “Great Gas Rollback” promotion that will be taking place until September 8. The Wal-Mart co-branded card can be used anywhere that accepts MasterCard.
