Walmart Credit Cards: Your Complete Guide [2024]

If you’re a budget-conscious shopper, you likely frequent Walmart stores and Walmart.com for your everyday purchases. According to the company, more than 265 million customers visit Walmart stores each week, showing just how popular the retailer is with shoppers.

Do you regularly shop at Walmart or Walmart.com for your groceries and other essentials? Signing up for a Walmart credit card can be one of the great ways to earn cash back shopping at Walmart. You’ll earn valuable rewards that you can redeem for statement credits, gift cards, or even to cover recent purchases.

But which Walmart credit card is best for you? Here’s what you need to know about the two Walmart credit cards and how to choose the right one for you.

What’s the difference between the Capital One Walmart Rewards^® Card and the Walmart Rewards Card?

If you’re looking for a Walmart credit card, there are two cards to choose from: The Capital One Walmart Rewards Card and the Walmart Rewards Card.

	Capital One Walmart Rewards® Card	Walmart Rewards Card
Annual fee	$0	$0
Intro bonus	Earn 5% back on purchases in Walmart stores for the first 12 months when you use this card with Walmart Pay	Earn 5% back on purchases in Walmart stores for the first 12 months when you use this card with Walmart Pay
Rewards rate	5% back at Walmart.com, on the Walmart app, and on Walmart pickup and delivery; 2% back in Walmart stores, at Walmart and Murphy USA gas stations, on gift cards at Walmart, and on restaurant and travel purchases; and 1% back on everything else	5% back on Walmart.com and the Walmart app and 2% back in Walmart stores and at Walmart and Murphy USA gas stations
Special perks	Travel accident insurance Extended warranty protection No foreign transaction fees Concierge service	None

The Walmart Mastercard and Walmart Credit Card are the same in terms of their fees and their introductory offers.

One of the major ways they differ is in the bonus categories for rewards and where the cards can be used. The Walmart Mastercard can be used anywhere that Mastercard is accepted, while the Walmart Credit Card can only be used at Walmart stores, Walmart.com, Sam’s Club, and Murphy USA gas stations. 

There are some other important things to know about each of these credit cards, so let's look at each in more detail as well as how their cashback rewards compare.

Capital One Walmart Rewards Mastercard

The Capital One Walmart Rewards Mastercard was launched in September 2019. It has a $0 annual fee. This rewards credit card can be used anywhere Mastercard is accepted.

With this card, you’ll earn valuable rewards:

• 5% cash back at Walmart.com, Walmart app, Walmart pickup and delivery
• 2% cash back at Walmart stores, Walmart and Murphy USA gas stations, on gift cards at Walmart, and restaurant and travel purchases
• 1% cash back on all other purchases

New cardmembers can also take advantage of a special welcome offer: Earn 5% back on purchases in Walmart stores for the first 12 months when you use this card with Walmart Pay.

To put those rewards in perspective, consider that the U.S. Bureau of Labor Statistics reported the average U.S. consumer spends $4,464 on food eaten at home. If you ordered all your groceries online at Walmart.com and used your Capital One Walmart Rewards Mastercard to pay for it, you’d earn 5% cash back on all of it, which gives you a total of $223.20 in rewards ($4,464 x .05 = $223.20). That’s a far higher rate of return than you’d get with most other cashback credit cards. And because the card has a $0 annual fee, those rewards are just extra money for you.

You have a few different redemption options with this card. You can redeem your cashback rewards for statement credits, toward a recent purchase, toward a current purchase during online checkout, for gift cards, or for travel arrangements. The card also offers other useful benefits such as travel accident insurance, concierge service, and extended warranty protection.

The Capital One Walmart Rewards Mastercard is best for people who have good to excellent credit and who spend a good deal of money shopping on Walmart.com or in the Walmart mobile app. If you do a lot of shopping online, including grocery pickup orders, you can earn lots of cash back.

Walmart Rewards Card

If you can’t get approved for the Capital One Walmart Rewards Mastercard, you will automatically be considered for the Walmart Rewards Card. If your credit isn’t in the good to excellent range, you’ll likely end up with this card.

Capital One is also the credit card issuer for this card, but this card is what’s known as a store card. That means the Walmart Rewards Card can only be used at Walmart stores in the U.S., Walmart.com, Walmart-branded gas stations, Murphy USA gas stations, Sam’s Club stores, and Sam’s Club-branded gas stations. It can’t be used at other retailers or restaurants.

With this card, you’ll earn:

• 5% cash back on Walmart.com and the Walmart app
• 2% cash back at Walmart stores and at Walmart and Murphy USA gas stations
• 1% cash back on in-store purchases at Sam's Club and Sam's Club-branded gas stations

This card also has a similar special offer for new cardholders: Earn 5% back on purchases in Walmart stores for the first 12 months when you use this card with Walmart Pay.

According to AAA, people spend $1,500 per year on fuel, on average. If you got your gas at Murphy USA fuel stations and used your card to pay for it, you’d earn 2% cash back, giving you a total of $30 in rewards ($1,500 x .02 = $30).

Because this card has a $0 annual fee, any rewards you earn are essentially free money. If you pay off your statement balance in full each month, and therefore don’t incur any credit card interest, you can earn rewards without paying any money to use the card.

The Walmart Rewards Card is best for people who do most of their shopping at Walmart, who visit Walmart-branded gas stations for fuel, and who aren’t looking for a card they can use outside of the Walmart brands. Cash back earned with this card can be redeemed for recent purchases, statement credits, and gift cards.

FAQs

Other credit cards to consider

Instead of a Walmart-branded credit card, consider these other credit card offers that could earn you more rewards on not only your Walmart purchases, but on all the rest of your purchases as well. If you shop online, but tend to split your shopping between Walmart and other retailers like Amazon, then one of these might prove to be the best credit card for you.

All three of these cards offer unlimited cash back without having to keep track of bonus categories. That can make your shopping much simpler. Additionally, all three of these cards have a low to no annual fee.

The bottom line on Walmart and credit cards

If you're a regular Walmart shopper, then applying for a Walmart credit card can be a smart way to earn valuable cashback rewards. Both of the cards offer high rewards rates, and neither option charges an annual fee. Which Walmart credit card is best for you depends on your credit score and spending habits.

Unlimited Cash Back

Chase Freedom Unlimited^®

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Chase Freedom Unlimited^®

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Current Offer

Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.

Annual Fee

$0

Rewards Rate

6.5% cash back on travel purchased through Chase Travel℠, 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and 3% cash back on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, earn 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and unlimited 1.5% cash back on all other purchases

Benefits and Drawbacks

Benefits

• High base rewards rate of 1.5%
• $0 annual fee
• Valuable welcome bonus for new cardholders
• Intro APR offers for purchases and balance transfers

Drawbacks

• Has a foreign transaction fee of 3% of each transaction in U.S. dollars
• No bonus categories for gas or groceries

Card Details

• INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
• Enjoy 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
• After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
• No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
• Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.99% - 28.74%.
• No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
• Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
• Member FDIC