Walmart Rewards Mastercard Review
Get a detailed look at the Walmart Rewards Mastercard, tailored for regular Walmart customers. Learn about its rewards, points structure, and how it enhances your shopping experience at Walmart and affiliated brands.
The Walmart Rewards Mastercard is a credit card issued by Walmart in partnership with Capital One. It is designed to provide rewards and benefits for consumers who frequently shop at Walmart and its affiliated stores. Here's a review of the key features and benefits of the Walmart Rewards Mastercard:
Key Features:
Rewards Program: The card typically offers rewards on purchases made at Walmart and its affiliated stores, the rewards structure included:
- 5% back on purchases at Walmart.com and through the Walmart app.
- 2% back on in-store purchases at Walmart and affiliated gas stations.
- 2% back on dining and travel.
- 1% back on all other purchases.
These rewards can be redeemed for future Walmart purchases.
Annual Fee: The card usually comes with no annual fee, making it an affordable option for frequent Walmart shoppers.
Special Financing Offers: Cardholders may have access to special financing options, which can include 0% interest on qualifying purchases when paid in full within a specific time frame. This can be useful for larger purchases or when spreading out payments.
Flexible Redemption: The rewards earned can be used as a statement credit towards Walmart purchases, helping you save on future purchases at the retailer.
Online Account Management: The card provides online account management tools, allowing you to monitor your account, pay bills, and view transaction history.
Extended Warranty: Depending on the terms, the card may offer extended warranty protection on eligible purchases, which can be a valuable benefit.
Considerations:
Limited Rewards for Non-Walmart Purchases: While the card offers competitive rewards for Walmart purchases, the rewards structure for non-Walmart spending may not be as competitive as some other general cashback or travel cards.
Interest Rates: Like most credit cards, the interest rates on the Walmart Rewards Mastercard can be relatively high if you carry a balance. It's essential to pay your balance in full each month to avoid interest charges.
Credit Score Requirement: To qualify for this card, you generally need a fair to good credit score.
Limited Acceptance: The card is primarily focused on Walmart and affiliated stores, so it may not be as versatile for everyday spending compared to general-purpose credit cards.
Before applying for the Walmart Rewards Mastercard, it's important to review the most current terms and conditions and consider how well the rewards and financing options align with your shopping habits. If you are a frequent Walmart shopper, this card can be a good choice, particularly if you shop online or through the Walmart app. However, if you have diverse spending patterns, you may want to explore other credit card options to ensure you're maximizing your rewards and benefits.
An in-depth review of the Walmart Rewards Mastercard, its rewards program, and how it benefits frequent Walmart shoppers..
The Walmart Rewards Mastercard is a great option for frequent Walmart shoppers who want to earn rewards on their purchases. The card offers a number of benefits, including:
- 5% back in rewards on all purchases at Walmart.com and the Walmart app, including grocery pickup and delivery. This is one of the highest rewards rates offered on any credit card for purchases at a specific retailer.
- 2% back in rewards on restaurants and travel, and at Walmart and Murphy USA fuel stations.
- 1% back in rewards on all other purchases.
- No annual fee. This makes the Walmart Rewards Mastercard a good option for cardholders who want to earn rewards without having to pay an annual fee.
- Rewards can be redeemed for statement credits, Walmart gift cards, or travel through the Capital One Rewards Center.
Rewards Program
The Walmart Rewards Mastercard rewards program is very simple. Cardholders earn rewards in the form of points, which can be redeemed for statement credits, Walmart gift cards, or travel through the Capital One Rewards Center. Every 100 points earned equals a $1 reward.
How the Walmart Rewards Mastercard Benefits Frequent Walmart Shoppers
The Walmart Rewards Mastercard benefits frequent Walmart shoppers in a number of ways. First, the card offers a high rewards rate on all purchases at Walmart.com and the Walmart app, including grocery pickup and delivery. This means that frequent Walmart shoppers can earn a significant amount of rewards on their everyday purchases.
Second, the Walmart Rewards Mastercard offers a rewards rate on purchases at Walmart and Murphy USA fuel stations. This means that frequent Walmart shoppers can also earn rewards on their gas and other purchases at Walmart and Murphy USA.
Third, the Walmart Rewards Mastercard has no annual fee. This makes the card a good option for frequent Walmart shoppers who want to earn rewards without having to pay an annual fee.
Fourth, the Walmart Rewards Mastercard offers a variety of redemption options for rewards. This means that frequent Walmart shoppers can choose to redeem their rewards for statement credits, Walmart gift cards, or travel through the Capital One Rewards Center.
Overall, the Walmart Rewards Mastercard is a great option for frequent Walmart shoppers who want to earn rewards on their purchases. The card offers a high rewards rate, no annual fee, and a variety of redemption options.
Here is a summary of the pros and cons of the Walmart Rewards Mastercard:
Pros:
- 5% back in rewards on all purchases at Walmart.com and the Walmart app, including grocery pickup and delivery
- 2% back in rewards on restaurants and travel, and at Walmart and Murphy USA fuel stations
- 1% back in rewards on all other purchases
- No annual fee
- Rewards can be redeemed for statement credits, Walmart gift cards, or travel through the Capital One Rewards Center
Cons:
- Rewards can only be redeemed for statement credits, Walmart gift cards, or travel through the Capital One Rewards Center
- Rewards rate is lower on in-store purchases (2%)
- Card is issued by Capital One, which has a reputation for bad customer service
If you are a frequent Walmart shopper, the Walmart Rewards Mastercard is a good option to consider. However, you should be aware of the rewards rate on in-store purchases and Capital One's reputation for bad customer service before applying for the card.