In this guide

  • Our verdict
  • Frequently asked questions
  • Your reviews
Finder makes money from featured partners, but editorial opinions are our own.

Walmart Rewards Mastercard review

  • Avatar
Walmart Rewards Mastercard
Welcome Offer
Up to $45 in Reward Dollars
Rewards
Up to 1.25% cash back
Annual Fee
$0
Purchase Interest Rate
20.89%
Cash Advance Rate
22.97%
All information about Walmart Rewards Mastercard has been collected independently by Finder. Finder is not connected with Walmart products, and this page is not sponsored, endorsed or administered by, or associated with, Walmart. All product names, logos, and brands have been used for identification purposes only and are property of their respective owners.

Our verdict

Get a $15 welcome bonus, with an additional $10 for choosing paperless statements.

The Walmart Rewards Mastercard is a no-fee, no-frills customer loyalty credit card. It offers a 1.25% return on purchases made in-store or online at Walmart, and 1% everywhere else. Get up to $45 in bonus Walmart Reward Dollars. as a welcome bonus and a couple of added benefits like access to exclusive events and Zero Liability Protection right off the bat, but you'll need to pay more for features like balance protection and extended warranty coverage.

30-second take

  • Get the Walmart Rewards Mastercard card if you're a regular Walmart shopper and want to earn extra points towards in-store and online purchases.
  • Choose something else if you're looking for a cashback program or you want a higher return on gas, groceries and other everyday purchases.
  • You must have a minimum annual household income of $100,000 to qualify for this card.

In this guide

  • Our verdict
  • Frequently asked questions
  • Your reviews

The Walmart Rewards Mastercard offers a 1.25% return on all in-store and online Walmart purchases, with a 1% return on everything else. As an added bonus, there's no annual fee and you can start saving from the moment you sign up with a $15 welcome bonus (on top of another $10 for choosing paperless statements).

Walmart Rewards Mastercard: The basics

If you’re a repeat customer at Walmart, and you want to earn reward points to put towards future purchases, then the Walmart Rewards Mastercard might be the right fit for you. It comes with no annual fee, and you’ll earn 1.25% on all Walmart purchases (including groceries), with a 1% return on everything else.

How do I earn Walmart Rewards with this Walmart Mastercard?

Each time you use your Walmart Mastercard at Walmart stores, the credit card reader will indicate how many Walmart Rewards Dollars you have earned and can redeem. When shopping online at Walmart.ca, just select your Walmart Rewards Mastercard as your payment method to earn rewards with all your Walmart purchases.

The Walmart Rewards Mastercard is particularly useful if you’re planning to make a large purchase at Walmart, and you want to get the most out of your money. If you spend $1,000 on a new couch or lawnmower, for example, you’ll earn $12.50 in Walmart dollars. Same goes for that $3,000 flat screen, which will net you almost $40 in points.

How do I redeem Walmart Rewards?

You can redeem your Walmart Reward Dollars at the register or online with as little as $5 in Walmart Reward Dollars, or you can save up enough to treat yourself to something special. Just select your Walmart Rewards as your payment method.

The perks

  • Zero fees. Maximize your savings with no annual fee on this Walmart Mastercard.
  • Introductory offer. Get up to $45 in bonus Walmart Reward Dollars.

  • Priceless city promotion. Take advantage of a number of hot-ticket discounts along with special access offers for a wealth of experiences unique to Mastercard holders.
  • Complimentary concierge service. Call the 24/7 concierge for help booking dinner reservations, tickets for in-demand shows or any other events or entertainment on your itinerary.
  • Unlimited free cards. Avoid paying a fee for additional cards.
  • Online account. Manage your balance and payments in one easy-to-use online portal.
  • Secure service. Feel safe with Mastercard’s anti-fraud Zero Liability Protection.

What to watch out for

  • Walmart Rewards are exclusive. You have to use your points at Walmart, and you can’t exchange them for cashback.
  • Low return. Many other cashback and points cards offer a higher return.
  • Regional exclusions. This card isn’t offered to residents of Quebec.
  • Extras cost more. You will need to pay $0.95 per $100 to get balance protection, as well as $3.99 per month for purchase/extended warranty protection.
  • Interest rate. The Walmart Rewards card comes with a purchase interest rate of 20.89% and a cash advance rate of 22.97%.

Walmart Rewards Mastercard interest rates

Interest TypeInterest Rate
Purchase interest rate20.89%
Cash advance rate22.97%

What should I know before I apply for the Walmart MC

How to apply for the Walmart Mastercard

  1. Click Go to site on this page to be securely directed to your Walmart Rewards Mastercard application.
  2. Read through the Disclosure Statement details and click Accept & Continue.
  3. Complete the application with details that include your name, email address, social insurance number and birth date.
  4. Review and submit your application.

Compare the Walmart Rewards Mastercard with other credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
RBC ION Visa
3,500 points
1.5 points per $1 spent
20.99%
$0
Min. recommended credit score: 660
Get 3,500 Avion points when you get approved for the card.
Neo Credit Mastercard
Get $25.00 + up to 15% cash back
Up to 5% cash back
19.99% - 29.99%
$0
Min. recommended credit score: 600
Get $25 when you sign up for the Neo Financial Mastercard. Plus, earn bonuses like 15% cashback on your first purchase at most partners, and earn an average of 5% cashback at partner stores and at least 1% cashback guaranteed.
Tangerine World Mastercard
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until October 31, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
American Express Cobalt Card
15,000 points
Up to 5x points per $1 spent
21.99%
$155.88
Min. recommended credit score: 700
Earn up to 15,000 Membership Rewards points in your first year. Earn 1,250 Membership Rewards points for each monthly billing period in which you spend $750 in purchases. That’s up to $150 towards a weekend getaway or concert tickets.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
20.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
Tangerine Money-Back Credit Card
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until October 31, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
RBC Cash Back Mastercard
N/A
Up to 2% cash back
20.99%
$0
Min. recommended credit score: 650
RBC ION+ Visa
7,000 points
3 points per $1 spent
20.99%
$48
Min. recommended credit score: 660
Get up to 7,000 welcome points. Get 3,500 points on approval and earn 3,500 bonus points when you spend $500 in your first 3 months.
BMO eclipse rise Visa Card
25,000
Up to 5 points per $2 spent
20.99%
$0
Min. recommended credit score: 660
Earn up to 25,000 bonus points.
RBC Avion Visa Infinite
35,000 points
Up to 1 point per $1 spent
20.99%
$120
Min. recommended credit score: 650
Get 35,000 Welcome Points upon approval.
loading

Frequently asked questions

Your reviews

No reviews yet. Write a review
Go to site