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Posted

Hello Hege, it's great to hear from you!  :wave:

 

Major banks are reluctant to classify Walmart as a grocery store due to concerns over insufficient profit margins, while Kroger’s rules regarding the conversion of grocery spending points into equivalent cashback are also ambiguous.

 

The only credit card I use for supermarket purchases is the BMO cash-back card, which offers 3% cash back at Walmart. After all, Walmart is classified as a grocery store—even though some major banks and other institutions categorize it as a general merchandise supercenter. This discrepancy in classification is often exploited by certain credit unions to lure you into applying for their 5% cash-back cards; however, they frequently downgrade these cards shortly thereafter because the products themselves yield low profit margins, leaving cardholders frustrated and dissatisfied.
 

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