Walmart mastercard signup fraud

It’s not a fraud.
Call them and cancel the damn thing.
It’s really that easy.

It is fraud in my opinion.

Its similar to what happened to TD bank last year. This kind of bad behaviour is common in financial services industry.
http://www.cbc.ca/news/business/td-bank ... -1.4016569

coolintheshade wrote: ↑ It’s not a fraud.
Call them and cancel the damn thing.
It’s really that easy.

mrtrump wrote: ↑ It is fraud in my opinion.

Yeah no doubt.
Anyway, like I said, it’s easy to call in and cancel the coverage.
How did you apply for this card? Paper application?

mrtrump wrote: ↑ I signed up for a walmart mastercard in store recently and the sales guy signed me up for an optional Walmart Insurance program without my authorization.

I only found out this when I got a letter in the mail saying my coverage has been activated and they would charge me for this.

Is there anyone else with similar experience being defrauded by Walmart Financial Services ?

Didn’t you sign something at the time? The check box for the coverage was likely ticked.

Yes already cancelled... And wasted 15 mins of my time. And more time to be wasted probably later to check if they dont bill me on the first or second statement.

It was done in store ... A paper form.

@starchoice I dont remember if I signed but sales guy didnt mention anything about the Insurance Coverage...neither did I see it anywhere on the form.

coolintheshade wrote: ↑ Yeah no doubt.
Anyway, like I said, it’s easy to call in and cancel the coverage.
How did you apply for this card? Paper application?

It’s the worst kept secret in the financial industry. Basically you sign up for everything because in our excitement we fail to go through the document with a fine tooth comb and the agent takes advantage of that. And when the letter arrives in the mail, we have to call in to cancel. I know it sucks.

mrtrump wrote: ↑ Yes already cancelled... And wasted 15 mins of my time. And more time to be wasted probably later to check if they dont bill me on the first or second statement.

It was done in store ... A paper form.

@starchoice I dont remember if I signed but sales guy didnt mention anything about the Insurance Coverage...neither did I see it anywhere on the form.

They could've slipped in a page to make them your power of attorney and you would've signed...

Psa to everyone: read before you sign! It's a simple yet often neglected skill.

Not to intrude on your choice of credit card but RBC Mastercard gives you 2% at Walmart (including taxes).
The reason I bring this up is that in case you change your mind and get the RBC MC instead, call these people up to cancel the WM Mastercard, tell them why.
I expect they would offer you credit to compensate you for your trouble at the cancellation time (in exchange for not cancelling). Then you can review if the credit amount makes up for their dishonesty or just cancel it. That's the way to stick it to them.

you could've signed up online @Walmart.ca.
Unless there was extra sign-up bonus in-store.

OR the more likely scenario is after I signed and was out of sight, he checked the boxes on the form. Sneaky ba$tard.

BTW i did glance thru the form to make sure what I was signing up for. So theres no way he could have done something like a POA. Atleast not to me.

ryanco64 wrote: ↑ They could've slipped in a page to make them your power of attorney and you would've signed...

Psa to everyone: read before you sign! It's a simple yet often neglected skill.

mrtrump wrote: ↑ OR the more likely scenario is after I signed and was out of sight, he checked the boxes on the form. Sneaky ba$tard.

BTW i did glance thru the form to make sure what I was signing up for. So theres no way he could have done something like a POA. Atleast not to me.

Fair enough, they're sneaky little bastards I must admit. They only chase the commission for the signups.
Thankfully, it was easy enough to cancel from the looks of it.

Holystone wrote: ↑ It’s the worst kept secret in the financial industry. Basically you sign up for everything because in our excitement we fail to go through the document with a fine tooth comb and the agent takes advantage of that. And when the letter arrives in the mail, we have to call in to cancel. I know it sucks.

How would someone get excited about getting a Walmart Card?

^ That's a good one!

When I got the PC Mastercard it came also with the insurance, I had to cancel it right away through Facebook.

People are probably excited to get that $25 Walmart credit by accepting this card.

iamthebest wrote: ↑ When I got the PC Mastercard it came also with the insurance, I had to cancel it right away through Facebook.

Through Facebook?!?

Kiraly wrote: ↑ Through Facebook?!?

Yes, we are in 2018 ... https://www.facebook.com/PCFinancial/

Webhead wrote: ↑ you could've signed up online @Walmart.ca.
Unless there was extra sign-up bonus in-store.

Maybe the op fancied the sales rep.

fadetogrey wrote: ↑ Maybe the op fancied the sales rep.

Maybe your right.