WALMART has revealed a new payment program that will allow millions of customers to save money during checkout.
The retail giant is now offering the Premium Payback program at the checkout, which turns card rewards into discounts on your shopping.
Through the service by FIS, those with credit card rewards points can redeem them during their Walmart shopping at 4,700 stores.
Customers will be asked at checkout if they want to turn card rewards into discounts, which will be deducted from their shopping amount.
More than 7,000 card rewards programs are enrolled in the FIS Premium Payback program with up to 45million eligible cardholders.
Earlier this year, FIS also piloted the program at thousands of Dollar General stores in 46 states.
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This allowed customers with eligible FIS cards to redeem 1,000 credit card points for $5 toward their purchase of $5.01 or more.
FIS offers services for both debit and credit card holders.
The company told The Sun the new program is available in Walmart stores from Tuesday, October 25, for credit card users.
Meanwhile, debit cards are being tested and will be rolled out by the end of this year.
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Credit cards can be handy for certain purchases and building credit, but they should be used responsibly.
You should always pay off the balance in full each month or you may be hit with interest and other extra fees.
It's also important to not apply for plenty of new cards in a short amount of time, as this will only damage your credit score.
Mike Cook, senior vice president and treasurer for Walmart, said: "Walmart's mission is to help customers save money so that they can live better, and FIS Premium Payback allows customers to enjoy the benefits of their rewards in real-time at checkout.
"Today's busy consumer is looking for a frictionless shopping experience, and our partnership with FIS makes paying with points as simple as a single prompt at the point of sale."
FIS also shared its excitement about the savings innovation.
"More than ever, credit card rewards are a driving motivator for how and where consumers make purchases," John Durrant, president of banking and payment solutions at FIS said.
"We are excited to partner with Walmart and card issuers to bring Premium Payback to consumers who can benefit from this new way to pay for their purchases."
He explained that huge companies like Walmart and FIS have the scope and technology to deliver notable savings and "value" to "consumers across the US."
Read More on The US Sun
Read More on The US Sun
Previously, The U.S. Sun revealed a coin trick at Walmart that can save time at the register.
And you can read here about a Walmart side hustle making one savvy person up to $32,000 a month.
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