- Unlimited high cash back rewards on grocery purchases ordered online
- Good rewards for in-store purchases
- No annual fee
- Higher rewards when you use with Walmart Pay, their digital app
- Use your card anywhere Mastercard is accepted
What are the advantages of a Walmart credit card?
Why you might want the Walmart Capital One Rewards Mastercard
- One of your best options for grocery pickup or delivery. ...
- Generous first-year rewards rate for in-store purchases. ...
- Flexible redemption options. ...
- Favorable approval odds and low-end APR. ...
- Easy application, instant use. ...
- Digital tools from Capital One. ...
How hard is it to get a Walmart credit card?
- Having a few credit lines help - Having a variety of credit lines on your report increases your chances of your approval. ...
- BK after 5 years is better - Folks have got approved for this card as soon as 2 years after BK. ...
- Recent "baddies" make it harder to get approved - Folks with negative items on their reports have got this card. ...
Does Walmart have a credit card?
You can apply for a Walmart credit card by visiting Capital One's website. If you're not approved for the Walmart Rewards Card, you may be considered for the Walmart-only Walmart Rewards Card. What credit score is needed for a Walmart credit card? The Walmart Rewards Card specifies that it is looking for applicants with Excellent/Good credit.
What credit cards does Walmart offer?
How the Walmart Rewards Mastercard compares to other cash back cards
- Citi Double Cash Card. Offering one of the best flat cash back rates available, the Citi Double Cash Card is a great no-frills, all-purpose rewards card.
- Chase Freedom Flex. ...
- Bank of America Customized Cash Rewards credit card. ...
What is the difference between a Walmart credit card and a store card?
Currently, the retailer offers two different cards. One is a store-only card that can only be used for Walmart purchases. The other card is issued as a Mastercard and can be used for making purchases anywhere Mastercard is accepted. You'll earn rewards for purchases made with either card.
What is a good credit score for a Walmart card?
640+Here's what you need to know about the Walmart Credit Card credit score: Both the Walmart Credit Card and the Walmart® Store Card require fair credit for approval. That means a score of 640+. The Walmart Credit Card can be used anywhere Mastercard is accepted.
Does the Walmart credit card have an annual fee?
This card earns 2% cash back on every purchase: 1% when you buy and 1% when you pay it off. There's no sign-up bonus, but the annual fee is $0.
Is it hard to get a Capital One Walmart card?
There is no hard and fast number when it comes to the credit score required to get a Capital One Walmart Rewards™ Card or Walmart Rewards™ Card.
Does Walmart card build credit?
A Walmart credit card does build credit, just like any other major credit card, as long as you use the card responsibly. That generally means paying your Walmart card bill on time every month and not maxing out your total credit limit. You can learn more from WalletHub's guide on how to build credit.
Can I use Walmart credit card anywhere?
The Capital One® Walmart Rewards™Mastercard can be used for Walmart purchases and anywhere else that Mastercard is accepted.
How does a Walmart credit card work?
The Walmart Rewards Card is a Mastercard that offers outstanding earning potential when shopping with Walmart. You can get up to 5% cash back when shopping online at Walmart, including on pickup and delivery. The Walmart Rewards Card comes with no annual fee and there is no cap on the rewards that you can earn.
Can you use Walmart card for gas?
You can use your Walmart Credit Card for gas at any station. But if you have the Walmart® Store Card, you can only use it to buy gas at Walmart, Murphy USA, Sam's Club, and Walmart Neighborhood Market stations.
How much do a Walmart credit card cost?
$0 per yearThe Walmart Credit Card annual fee is $0 per year. Walmart Credit Card's $0 annual fee is lower than the average annual fee among new credit card offers right now. It's not the only fee you need to worry about with the Capital One Walmart Rewards® Mastercard®, though.
What bank does Walmart credit card use?
Capital OneThe bank that issues Walmart credit cards is Capital One. Capital One has been the Walmart credit card issuer since October 2019, when the revamped Walmart Rewards Mastercard and Walmart Rewards store credit card debuted.
Can I use my Walmart credit card at Sam's Club?
The Walmart credit card is a popular, co-branded, retailer credit card option. Walmart offers two credit cards through its partnership with Capital One: the Walmart MasterCard and the Walmart Rewards Card. Both Walmart credit cards can be used at Sam's Club.
What is the credit limit on a Walmart Mastercard?
Credit limits for a Walmart credit card can range from $150 to over $5,000. Several factors go into determining your credit limit, including your annual income and credit history. Where can I use a Walmart credit card? The Capital One® Walmart Rewards™ Mastercard® can be used anywhere Mastercard is accepted.
Does Walmart have foreign transaction fees?
5. No Foreign Transaction Fees. This is one of the Capital One Walmart credit card benefits that apply most for avid travelers.
Does Capital One Walmart have annual fees?
It’s great being able to use your credit card overseas knowing you’re getting the current up-to-date exchange rate. 6. No Annual Fee. A lot of cards with a wide range of benefits charge annual fees.
Pros Of Walmart Credit Card
You can obtain a range of benefits which are making the Walmart credit card better over a regular credit card from other firms.
Walmart Credit Card – What Are The Points To Consider?
Even, you are able to get the Walmart credit card at lower requirements; there are still many cases when people are not able to use it. The bad credit score can make you avoid it because they won’t let you pass the eligibility test. Despite this reason, the cons are –
The Final Verdict
There is a Walmart master card as well as the Credit card. Both are good at their uses, but if you have any specific use with the credit card, then Walmart Credit Card is best because you can avail 5% cash back after a limit. This method will help you save money and keep on buying stuff without paying a single penny at the purchase time.
Can you redeem Capital One rewards at Walmart?
Similar to other Capital One credit cards, rewards can be redeemed at any time and for any amount. Redemption options include travel, gift cards, the ability to cash in points during online checkout at Walmart.com and statement credits.
Does Walmart have a 5% reward?
If you prefer to shop at Walmart.com, the Walmart app or via Walmart Grocery Pickup and Delivery, then the 5% rewards rate is unmatched. However, if you prefer to shop in Walmart stores, you can find alternative rewards cards, such as the Capital One Venture Rewards Credit Card, that offer the same rewards rate at Walmart stores (2X), ...
Does Walmart have an annual fee?
Both Walmart cards have no annual fee, but the interest rates and other fees differ. The Capital One Walmart Rewards® Card has a 17.99% to 26.99% variable APR, while the Walmart Rewards™ Card has a 26.99% variable APR. Since the Capital One Walmart Rewards® Card can be used anywhere Mastercard is accepted, cardholders have the ability to use ...
Does Walmart have a credit card?
Walmart shoppers may want to consider opening one of the store’s credit cards to maximize savings at the popular retailer. Walmart partnered with Capital One in September 2019 for two credit cards: the co-branded Capital One Walmart Rewards® Card and the private-label Walmart Rewards™ Card. Both cards offer up to 5% back and come with no annual fee.
Is a Walmart card good for saving?
If you decide that a Walmart rewards card is your best option, either the Capital One Walmart Rewards® Card or the Walmart Rewards™ Card can help you save. The Walmart Rewards™ Card is good if you only plan to use the card on Walmart purchases, but if you want to use the card for more than just Walmart, consider the Capital One® Walmart Rewards™ ...
How many points do you get for Walmart rewards?
While you’ll only earn rewards on Walmart purchases, this card’s rewards scheme is still lucrative. Once you’re approved, you can earn 5 points per $1 spent on purchases made at Walmart.com or with the Walmart app, along with 2 points per $1 spent on Walmart in-store purchases and at Walmart and Murphy USA gas stations.
What is a Walmart Rewards Card?
The Walmart Rewards Card, a store card issued by Capital One, lets consumers earn lucrative rewards on Walmart purchases—especially those made online. If you shop at Walmart.com or spend a lot in the discount retailer’s brick and mortar stores, this card could be a good addition to your wallet.
What is the balance of the balance?
These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy .
Does Walmart have zero fraud?
The Walmart Rewards Card comes with standard security features like zero fraud liability. You can also set up account alerts that will notify you via text, email, or phone if suspicious activity is noticed on your account.
Is Walmart Rewards Card good for emergencies?
Limited use: If you want a credit card you can use anywhere or one you can rely on for emergencies, the Walmart Rewards Card is not the best option. The Walmart Rewards Card is only good for Walmart purchases.
Do you need a smartphone to sign up for Walmart?
Smartphone required for sign-up bonus: You can earn a higher rewards rate for the first 12 months if you use Walmart Pay in stores. However, that means you need to have a smartphone, which only 81% of American adults do, according to Pew Research.
What is 3% cash back?
The 3% cash back is more than you’ll likely get with other rewards cards. While you only get 1% cash back on purchases at other retailers, you can buy almost anything at Walmart. From groceries to automotive supplies, it’s a superstore with a little bit of everything. The Walmart card is also for those with good credit.
What is the grace period for Walmart credit cards?
The main features include: $38 late fee. Free monthly FICO score. 23-day grace period. 18.9% to 24.9% APR. 3% savings on Walmart purchases.
Which is better, Walmart or credit card?
The Walmart card is a little better compared to the typical credit card offered through a retailer. These cards tend to have higher interest rates, late fees, penalties, and limited rewards.
Does Walmart give cash back?
Walmart cardholders also get 2% cash back when filling up on gas at Walmart or Murphy USA gas stations. The combination of rewards is called the Walmart 3-2-1 program. You get 3% cash back on Walmart.com, 2% cash back on gas, and 1% cash back on everything else.
Is 18.9% APR bad for Walmart?
The 18.9% to 24.99% APR isn’t bad either. Depending on your credit score, you can get a good interest rate on your Walmart card. Another advantage is the convenience of using the Walmart card. You can easily pay your bills online and receive email notifications for upcoming bills. There are also no annual fees.
Does Walmart give you a free FICO score?
This includes a 3% cash advance fee. Walmart also sends you a free monthly FICO score. However, you need to enroll in e-statements to receive this report.
Does Walmart have a credit card?
Walmart is the largest chain of shopping stores. While they have store cards as many other retailers do, they also offer their own credit card. The Walmart credit card includes decent APRs and fees. However, it may not be the perfect solution for everyone. Below is a bonus video review of the Walmart cards.
Is Mastercard accepted abroad?
Since it's a Mastercard, you'll enjoy wide acceptance both at home and abroad. The card's lack of foreign transaction fees combined with the aforementioned travel protections and benefits make it a worthy traveling companion.
Is Capital One a good credit card?
You'll need good to excellent credit. If you're building or mending your credit score, the Capital One® Walmart Rewards™ Mastercard® may not be right for you. (The store-only version of the card is attainable for those with only average credit.)
Does Walmart have a closed loop credit card?
The "closed-loop" Walmart Rewards Card can be used only within the Walmart brand umbrella. This review focuses on the open-loop card.
Does Walmart have free shipping?
Walmart.com itself advertises free shipping, but only on purchases of $35 or more. Other store cards, like the Target REDcard™ Credit Card, offer free shipping to cardholders on all eligible items, no minimum purchase required. The Target REDcard™ Credit Card also gives you the savings upfront, applying a 5% discount on eligible Target spending immediately at checkout, so you don’t need to keep track of how many rewards you have and when you want to redeem them.
Does Walmart give double rewards?
Even if browsing a brick-and-mortar Walmart is more your speed, you'll still get double rewards when you shop there. Bonus rewards are also possible on gas if you fill up at a Walmart fuel station, which includes Murphy USA stations. Outside of the Walmart umbrella, dining and travel snag you elevated rewards, too.
What is the APR on Walmart Rewards?
The Walmart Rewards Mastercard offers a variable APR between 17.99% and 26.99%. While the maximum APR is a bit higher than the average APR for a retail card, the low-end APR is very good for a retail card. The card is also fairly easy to qualify for, so it could be a good option if your credit history has a few blemishes and you’re looking to rebuild your score by demonstrating responsible card usage.
Does Capital One have a soft pull preapproval?
Unfortunately, Capital One does not currently offer soft pull preapproval on the Walmart credit card. If your credit score still needs a little work, the store-only Walmart Rewards Card could be a better fit and should be within reach for those with a fair credit score (a FICO score between 580 and 670).
Who issued the Walmart rewards card?
As its name implies, the Capital One Walmart Rewards Card is issued by Capital One. Capital One is one of the largest banks in the U.S. and is behind an array of popular rewards, travel and cash back credit cards. An older version of the Walmart credit card was issued by Synchrony Bank, a popular issuer of retail rewards cards.
Does Walmart have a cash back redemption?
Unlike many store-branded cards, which limit when, how and how much you can redeem, the Walmart Rewards Mastercard offers a refreshingly flexible cash back redemption scheme. Cash back is available outside of Walmart, no minimum redemption is required and cash back never expires.
Who is Nouri Zarrugh?
Nouri Zarrugh is a staff writer and editor at CreditCards.com and Bankrate Credit Cards, focusing on product news, reviews and recommendations. His areas of expertise include credit card strategy, rewards programs, point valuation and credit scores, and his stories on building credit have been cited by Mic.com, LifeHacker, People.com and more. Also a fiction writer, he won the Keene Prize for Literature and holds an MFA in creative writing from the Michener Center for Writers at the University of Texas at Austin.
