I recieved a call today from Walmart’s hounddogs, pitching the Walmart Balance Protection Plan - WBPP for short.
“Great monthly rate of 95cents on months where your balance is 25 dollars or more.” they said.
95 cents, per 100 dollars. 95 cents, per 100 dollars comes out to a whopping fourteen bucks every month, on each month. I know this, because I read Walmart’s website - not because they told me on the call.
5% of my balance comes to about 74 dollars, in the event of a layoff or hospitalization - or roughly, over five months worth of fees. Let’s be real, 99% of people “protected” by this plan will never make use of that - and the ones that do, the company will find a way to screw over.
Needless to say, I’m cancelling effective immediately.
Shame on you, Walmart.
(Capitalism means squeezing every last penny, even if it takes two weeks of calling every shift.)