Wal-Mart Launches Credit Card in Canada

MISSISSAUGA, Ontario — Walmart Canada here yesterday said its new subsidiary, Walmart Canada Bank, has launched Walmart Rewards MasterCard just days after winning government approval to operate a bank in the country.

MISSISSAUGA, Ontario — Walmart Canada here yesterday said its new subsidiary, Walmart Canada Bank, has launched Walmart Rewards MasterCard just days after winning government approval to operate a bank in the country.

The card allows users to earn 1.25% of their spending at Walmart and 1% of their purchases "virtually anywhere else MasterCard is accepted," the company said. The rewards can be redeemed instants at any Walmart Canada location.

The company plans to offer ad

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