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Walmart Rewards Mastercard®

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This card is now issued by Capital One, and offers some of the best cash back rewards for shopping at Walmart. If you had an old Walmart card, your account has already been converted over and you can earn rewards at the new rates. However, none of your account settings from your previous account have transferred over to the new card, so it’s a good idea to log in at least once to make sure nothing is amiss.

Our rating
Credit range: Fair
Annual Fee: $0
Regular APR: 17.99%–26.99% Variable

Walmart Rewards Mastercard®

Our rating
Fair Credit range
$0 Annual Fee
Apply Now Read our Review

Highlights & Features

Rewards

  • 5% cash back at:
    • Walmart.com
  • 2% cash back for:
    • Walmart stores
    • Restaurants
    • Travel
  • 1% cash back on all other purchases

INTRODUCTORY BONUS

5% cash back for using Walmart Pay in stores for the first 12 months

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR None
Regular Balance Transfer APR 17.99%–26.99% Variable
Balance Transfer Fee 3% for promotional APR offers; None otherwise
How to Transfer a Balance on a Credit Card

Fees

Penalty APR None
Late Fee Up to $39
Returned Payment Fee None
Additional Cards Annual Fee None
Foreign Transaction Fee None
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 26.99% Variable
Cash Advance Fee 3%, $10 minimum
How to Get a Cash Advance with a Credit Card
ABOUT THE ISSUER

Capital One

Capital One has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-877-383-4802 or

Try a different phone number
See all Issuer Cards
Walmart Rewards Mastercard®

Highlights

  • 5% cash back for using Walmart Pay in stores for the first 12 months
  • 5% cash back on all purchases at Walmart.com
  • 2% cash back on Walmart purchases in stores (after the first 12 months), on restaurants, and on travel
  • Redeem rewards at any time
  • No foreign transaction fee
  • No annual fee

The new Walmart Rewards Mastercard comes with no annual fee. It replaced the old Walmart Mastercard, and is designed for people across the credit spectrum.

This card offers 5% cash back on all purchases at Walmart.com and 2% cash back on Walmart purchases in stores, on restaurants, and on travel. For all other purchases you’ll earn 1% cash back.

You’ll be able to take advantage of a 5% cash back introductory offer for Walmart Pay, Walmart’s mobile pay app, on in-store purchases for the first 12 months, after which you’ll get the basic 2% cash back.

As opposed to the Walmart Rewards Card, which is the store-only version, this card comes with some nifty Mastercard benefits such as a Concierge Service, Price Protection Coverage, Master RoadAssist Service, and more.

You can apply for this card within the Walmart app, at Walmart.com, at CapitalOne.com, or in Walmart stores.

Converting from the Walmart Mastercard

If you had the previous version of this card, the Walmart Mastercard, you can continue using your card as normal. On October 11, 2019, the new rewards program will begin, and you can begin earning rewards at the new rates without having to reapply.

On October 14, 2019, you should set up your new online account with Capital One. Your previous account settings will not transfer over: Your payment due date will change, and you’ll need to set up payment information, autopay details, alerts, and any other account settings you want. Payments will not be accepted online or by phone from October 10 at 3 p.m. ET to October 13, 2019; during this time only mail payments will be accepted.

See Walmart’s website for further details about the change, and what to do if you have any questions or concerns.