Walmart Credit Card: Benefits, Interest Rates, Pros and Cons and More

Are you looking for a good credit card that offers a convenient way to help you with your finances? Look no further with the Walmart Rewards Card.

The Walmart Rewards Card is a great option for those looking for a reliable and convenient way to manage their finances. With its low-interest rate, no annual fee, and rewards program, it's an attractive choice for anyone looking to get the most out of their credit card. Plus, with the ability to use it in stores or online, you can make purchases anywhere you go.

  • Enjoy Surprises with the Rewards Card
  • Find Out If You’re Eligible for the Walmart Rewards Card
  • Discover the Benefits of Using a Walmart Rewards Card
  • Pros of Using Walmart Rewards Card
  • Special Tips to Use the Walmart Rewards Card

Enjoy Surprises with the Walmart Rewards Card

If you regularly do your shopping at the local Walmart and you want to save money, there are a lot of things that you can do. One of which is applying for and using a Walmart Rewards Card.

Walmart Rewards Card is a type of store credit card that is accepted only at Walmart Stores and the official website. The card offers exclusive benefits such as access to special financing options, rewards, and discounts on purchases made at both physical and online stores.


These special options alone make owning the Walmart Rewards Card worth it but there are still a lot of surprises waiting for you. You even get discounts and rewards as you continue to use the card for your purchases.

They offer an APR with a variable rate of 17.99% or 27.74%, based on your creditworthiness as well.

Check Out These Amazing Features

Using a Walmart Rewards Card has a lot of uses especially if you always shop at Walmart. You get special financing options on select purchases. These special financing terms include no interest if the balance is paid in full within six, twelve, or eighteen months.


You'll also get rewards and discounts on select purchases. Cardholders can earn points with each purchase, which can be redeemed for discounts on future purchases. The best part about owning a Walmart Rewards Card is the convenience when you shop either online or at the local store.

The Walmart Rewards Card is accepted at all Walmart locations, as well as online. This allows cardholders to easily shop for the things they need without having to carry separate cards.

Find Out If You’re Eligible for the Walmart Rewards Card

If you want to own a Walmart Rewards Card, you should first know if you are eligible. There are certain steps and requirements you need to meet first.


To be eligible for the credit card, you should be a US citizen or a permanent resident of the United States. You should also be at least 18 years old to qualify for the card and have a steady source of income to maintain this lifestyle.

Walmart will also require you to have a valid Social Security Number. They will also require other documents from you so always have them at your side in case they will need them during your application.

How to Apply for Walmart Rewards Card

Once you know that you are eligible for the Walmart Rewards Card, applying for one is going to be a very easy experience. All you need to do is to go to the official Walmart Rewards Card website and apply. You will have to enter your personal information such as your name, address, and the aforementioned Social Security Number.

You will also be asked to enter your financial information such as your source of income and your bank account information. Make sure that you review all the information that you want to submit and look for any errors if there are any.

You should also review the terms and conditions of the bank before you proceed with applying. Once done, you will need to wait for several business days for approval before your card is delivered to the address that you have entered.

Discover the Benefits of Using a Walmart Rewards Card

There are a lot of benefits to using a Walmart Rewards Card. The very first thing that many cardholders will notice when using the Walmart Rewards Card is it has no annual fee, which help you in saving money.

Speaking of saving money, you also get discounts from shopping at the local store or the online portal.

There are a lot of promotions and discounted sales at both stores that you might find interesting. You also get rewards for using the credit card especially when you shop at the official Walmart store.

Cardholders can have 5% cashback when they shop at the online store, 2% cashback when they use the card at Walmart stores and fuel stations, and even at restaurants, and 1% cashback wherever Mastercard is accepted.

Explore More Benefits When You Have the Walmart Rewards Card

If you're using the Walmart Rewards Card, it is best that you also use the Capital One mobile app where you can manage your account anywhere you go at any time you want. You can also pay your bills and view your remaining balance on the app or even check recent transactions.

By signing up, you'll also get notified through text and email on your phone when there is potential suspicious activity on your account. This is a great way to prevent fraudulent activities on your account.

Speaking of which, you will not be held accountable for any unauthorized charges made on your card if it is lost or stolen. Make sure that you immediately lock your card using the app if it is stolen, lost, or misplaced.

Pros of Using Walmart Rewards Card

When using the Walmart Rewards Card offers special financing options on select purchases, allowing cardholders to pay for their purchases over time with no interest.

You also get an Introductory Offer that lets you earn 5% cash back in Walmart stores that have Walmart Pay for the first 12 months. You can get the most out of the rewards you've earned along the way when you apply your rewards as a statement credit.

You can also use your rewards during checkout at the online store which greatly reduces the amount that you'll need to pay. You can also use your rewards to redeem gift cards that you can then gift to others during the holiday season.

And the best part about having these rewards is you can redeem them for flights and hotel bookings.

How to Use Walmart Rewards Rewards Card Efficiently

Using the Walmart Rewards Card has its fair share of benefits but as a cardholder, you should also know how to use it efficiently. There are some mistakes that you should never make that will hinder the growth of your credit score.

The very first thing that you need to do is to pay your balance in full each month. Try to avoid paying the interest by paying it in full. Take advantage of the special deals when making a large purchase. There are a lot of special deals that you can find online or at the store that offers zero interest rates.

This will help you avoid paying high interest especially when you plan on bulk buying. Lastly, take advantage of the rewards and discounts that are being offered by the Walmart Rewards Card to save more money on purchases.

Special Tips to Use the Walmart Rewards Card

You will always need to have a tight grip when managing your Walmart Rewards Card to avoid extra fees. First, you need to set up reminders to ensure that you pay your balance in full each month.

You can sign up for automatic payments to ensure bills are paid on time. Make sure that you keep on monitoring your expenses and never go over your credit limit. Always review their statements so you're sure that it is accurate hence the reason why you should monitor your expenses.

When it comes to payments, you have the choice to pay in full which is the most optimal option but you can pay more than the minimum due. Paying more than the minimum payment each month can help you pay off your balance faster and avoid interest.

Try to avoid making cash advances and other transactions that are not eligible for rewards to maximize your usage. And lastly, pay close attention to the expiration dates of promotions and special offers to avoid fees.

How to Contact Capital One

If you have further inquiries, you can call them at 1-877-383-4802 for their customer service. Those who want to provide their feedback can contact them in writing at Capital One, P. O. Box 30279, Salt Lake City, UT 84130-0279.

Their main office is located at 1680 Capital One Drive, McLean, VA 22102-3491, United States.


Overall, Walmart Rewards Card is an excellent choice for anyone looking to save money and make purchases conveniently. With its low-interest rate, no annual fee, and rewards program, it's one of the best credit cards on the market.

Plus, with its ability to be used both in stores and online, you can make purchases anywhere you go. So if you're looking for a reliable and convenient way to manage your finances, Walmart Rewards Card is definitely worth considering.

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.

Spanish version: Tarjeta de crédito de Walmart: Beneficios, tasas de interés, ventajas y desventajas, y más