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Walmart to offer gas discounts to its cardholders

Published August 29, 2012 5:43 pm

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Walmart Stores Inc., the world's largest retailer, will offer holders of its proprietary credit and debit cards discounted gasoline for a few months to attract budget-conscious consumers seeking relief from rising fuel prices.

Holders of Walmart credit cards and its MoneyCard prepaid debit cards will get a 15-cent-per-gallon discount at any of the 1,026 locations that sell gasoline in 20 states, including several in Utah. Walmart gift card holders will get a 10-cent discount per gallon. The program runs from Aug. 31 to Dec. 24.

Walmart is seeking increased traffic to its stores after a similar program last year attracted shoppers, Chief Merchandising Officer Duncan Mac Naughton said on a conference call. The average U.S. price of a gallon of regular unleaded gasoline has risen 16 percent this year, to $3.80 Wednesday ($3. 67 in Utah), according to travel services company AAA.