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- Capital One Walmart Rewards® Mastercard®
A good no-annual-fee cash back card for people who shop at Walmart frequently
- 1%–5% Cash BackRewards Rate
- 18.99% – 29.99% VariableAPR
- $0Annual Fee
- Fair – GoodRecommended Credit
The Capital One Walmart Rewards® Mastercard® is an excellent choice for those who frequently shop at Walmart. Its high rewards rate is redeemable toward purchases at Walmart stores, other retailers and even flight and hotel accommodations. The rewards you earn on your purchases are unlimited and don’t expire unless you close your account.
Capital One Walmart Rewards® Mastercard® Overview
With the Capital One Walmart Rewards® Mastercard®, you can earn the most rewards shopping at Walmart.com. There are no limits to or expiration dates for the points you earn with the card. It also offers the following bonuses and rewards:
- Rewards rate: 5% cash back on Walmart.com purchases, including delivery orders and grocery pickup, 2% cash back on purchases at Walmart® stores, restaurants and Walmart® fuel stations and Murphy USA, 2% cash back on travel purchases, 1% cash back on all other purchases everywhere else Mastercard® is accepted
- Welcome offer: Earn 5% cash back on Walmart purchases in-store for the first 12 months when using Walmart Pay
- Regular APR: 18.99% – 29.99% (variable)
- Annual fee: $0
- Intro APR offer: None
Important Card Details
Knowing a credit card’s features, fees and interest rates is crucial when determining if it’s right for you. Here’s what you need to know about the Capital One Walmart Rewards® Mastercard®.
The regular APR for purchases is 18.99% – 29.99%. Your APR will depend on your credit score. The minimum recommended credit score for this card is Fair to Good. The higher your score, the greater your chances of being at the low end of the APR range, which would be below the average APR of around 20%. However, if your credit score isn't strong and you land at the higher end of this range, you'll be subject to much higher interest on any balance you carry.
No Annual Fee
There is no annual fee for this card, meaning you won't pay for the privilege of holding the card and won't need to worry about offsetting the cost with rewards.
Great Cash Back for Walmart.com Shoppers
The Capital One Walmart Rewards Card offers generous rewards for Walmart.com shoppers, with 5% cash back on online purchases you make with this retailer. If you're a Walmart loyalist and a fan of shopping from the comfort of your home, this could be a good card for you. You'll also enjoy the same rewards rate on in-store purchases for the first year, provided you use Walmart Pay at checkout. The 2% or less on other categories is fairly standard. It's worth noting that if you spend big in other categories, other cards can offer you better rewards rates.
Fast, Easy Approvals
Even in the age of online credit card applications, this card is notably easy to apply for. You can apply online through Walmart or Capital One, or if you'd prefer, you can text to apply and then fill out and submit your application right from your phone. Once you're approved, you'll have instant access to a virtual card number in your Walmart app that you can use for purchases immediately.
If Capital One notices suspicious activity on your account, you will be notified via email, text or phone (depending on your communication preferences). You can also easily lock your card from the mobile app if it has been misplaced, stolen or lost. With those features on top of industry-standard zero liability for fraudulent purchases, you can have peace of mind about the security of your account.
How the Capital One Walmart Rewards® Mastercard® Compares
This card stands out thanks to its generous rewards for Walmart.com purchases, including grocery pick up and delivery. Ultimately, the best card for you depends on your lifestyle and financial habits.
How This Card Compares
Capital One Walmart Rewards® Mastercard®
- Annual Fee: $0
- Purchase APR: 18.99% – 29.99% variable
- Cash Back Rate: Up to 5%
- Foreign Transaction Fee: None
- Best for: Frequent Walmart.com shoppers
- Annual Fee: $0
- Regular APR: 19.24% – 29.24% variable
- Cash Back Rate: Up to 5%
- Foreign transaction fee: 3%
- Best for: Earning rewards at a variety of stores
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