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How can I cancel a walmart rewards mastercard??

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I applied for a walmart mastercard by mistake. I went to Walmart for some shopping, at the cash register, the cashier asked me to apply for the Watmart Card. I didn't realize that it was a credit card. I thought it was a card like the Optimum card in Shoppers Drug Mart. I think I even paid by that mastercard for my grocery today. (about $40)

1) It is better to wait for a card and not to activate the card? or just call and try to cancel it before it arrive?

2) How can I pay for $40 charged by a walmart mastercard? wait for an invoice letter?

I don't know about a credit card and please help me out..
Thanks

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