Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (2024)

Great rewards for Walmart customers despite its thin perks portfolio.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (1)Written by

Brendan Dyer

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (2)Edited by

Steve Dashiell

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (3)Reviewed by

Mariah Ackary

/ 8 min

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At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict,this post may contain references to products from our partners. Here's an explanation for.

Snapshot

4.0

Bankrate rating

Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards.

Rating: 4 stars out of 5

Bottom line

This card is an essential value engine for regular Walmart customers. Although it’s a store-branded card, Walmart is a large enough chain to make this a worthwhile option.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (4)

Capital One Walmart Rewards® Mastercard®

*The information about the Capital One Walmart Rewards® Mastercard® has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.

Recommended credit score:(580 - 740)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Intro offer

Introductory offer: Earn 5% cash back on purchases in Walmart® stores for the first 12 months when you use your card with Walmart Pay

5%

Rewards rate

Earn 5% cash back on Walmart.com purchases, including pickup and delivery, Earn 2% cash back on purchases in Walmart® stores, Murphy USA and Walmart® fuel stations, 2% cash back on restaurants and travel purchases, 1% cash back on all other purchases everywhere else Mastercard® is accepted

1% - 5%

Annual fee

$0

Regular APR

19.48% or 29.99% (Variable)

4.0

Bankrate Score

Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards.

Rewards value

4.0 / 5

APR

1.0 / 5

Rewards flexibility

4.8 / 5

Features

3.0 / 5

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (5)

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Bankrate’s take:The Capital One Walmart Rewards® Mastercard® has been discontinued following the end of Capital One’s and Walmart’s partnership. The card is no longer accepting applications, but current cardholders can continue to enjoy 5 percent back on eligible Walmart purchases until Capital One discontinues the rewards.

Capital One Walmart Rewards Mastercard Card Overview

For fans of online shopping and Walmart stores, the no-annual-fee Capital One Walmart Rewards® Mastercard®* was among the best credit cards for groceries, everyday products, electronics and home furnishings.

It offered an impressive 5 percent cash back on Walmart.com purchases, including grocery pickup and delivery orders. The card also offered 2 percent cash back for in-store Walmart purchases, restaurants and travel and 1 percent on all other purchases. It was an instant-use credit card that offered newly approved applicants the chance to start earning rewards with the big-box retailer within minutes of approval.

Despite its generous rewards for Walmart purchases, the card lacked the flexibility of other reward cards. Since it has now been discontinued, you might consider checking other rewards credit cards that earn bonus cash back in various categories, which may provide better value.

  • Rewards

    • 5 percent cash back at Walmart.com, including pickup & delivery
    • 2 percent cash back in Walmart stores & Walmart-branded gas stations, at restaurants and on travel
    • 1 percent cash back on all other purchases
  • Welcome offer

    • Earn 5 percent cash back in Walmart stores for the first 12 months when you use your Capital One Walmart Rewards Card with Walmart Pay
  • Rates and fees

    • APR: 19.48 percent to 29.99 percent variable
    • Annual fee: None
    • Balance transfer fee: $0 at the Transfer APR, 3% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
    • Cash advance fee: 3 percent of the amount of the cash advance, but not less than $3
    • Late payment fee: Up to $39
  • Other cardholder perks

    • $0 Fraud liability
    • Card lock
    • Security alerts

Alternatives to Capital One Walmart Rewards® Mastercard® review

There are several rewards cards available that can be suitable replacements for the Walmart Mastercard, though none of them cater to Walmart purchases. If you’re open to making some changes to your shopping habits — or you missed the boat on this card altogether — here are a few alternatives worth considering.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (7)

Capital One Walmart Rewards® Mastercard®

Bankrate Score

Rating: 4 stars out of 54.0

Annual fee

$0

Intro offer

5%

Introductory offer: Earn 5% cash back on purchases in Walmart® stores for the first 12 months when you use your card with Walmart Pay

Rewards rate

1% - 5%

Earn 5% cash back on Walmart.com purchases, including pickup and delivery. Earn 2% cash back on purchases in Walmart® stores, Murphy USA and Walmart® fuel stations. 2% cash back on restaurants and travel purchases. 1% cash back on all other purchases everywhere else Mastercard® is accepted.

Recommended Credit Score

Fair to Good(580–740)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (8)

Bankrate Score

Rating: 4.4 stars out of 54.4

See Rates & Fees, Terms Apply

Apply now

on American Express's secure site

Annual fee

$0 intro annual fee for the first year, then $95.

Intro offer

Earn $250

Earn a $250 statement credit after you spend $3,000 in eligible purchases on your new Card within the first 6 months.

Rewards rate

1% - 6%

6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.

Recommended Credit Score

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (9)

Bankrate Score

Rating: 4.4 stars out of 54.4

See Rates & Fees, Terms Apply

Apply now

on Citi's secure site

Annual fee

$0

Intro offer

$200

Earn $200 in cash back after you spend $1500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® points, which can be redeemed for $200 cash back.

Rewards rate

1% - 5%

Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Special Travel Offer: Earn an additional 4% cash back on hotels, car rentals, and attractions booked on Citi Travel℠ portal through 6/30/2025. Earn unlimited 1% cash back on all other purchases.

Recommended Credit Score

Good to Excellent(670–850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Walmart Rewards Mastercard pros and cons

Pros

  • Its no-annual-fee structure provides an accessible way to maximize rewards earnings and keep costs low.

  • It earns a boosted rewards rate on Walmart.com purchases, which isn’t widely available.

  • You could use the card immediately in the Walmart app upon approval, which proved convenient for sticker shock moments at the checkout screen.

Cons

  • You had to use the Walmart Pay app to earn this card’s welcome offer, which was inconvenient if you weren’t mobile-savvy.

  • The card lacks valuable perks that many other rewards cards offer, such as statement credits and intro APRs.

  • The ongoing rewards rate for in-store Walmart purchases is the same as that of many flat-rate cards, which you can use anywhere.

Best cards to pair with the Walmart Rewards Mastercard

Even if you’re keeping your Walmart Mastercard, it’s worth pairing it with other cards to help you earn rewards on most of your purchases. If you value cash back above other rewards, it makes sense to pair the Capital One Walmart Rewards Card with a flat-rate cash back card or another cash back card that offers boosted rewards in different categories.

Bankrate’s Take — Is the Walmart Rewards Mastercard worth keeping?

It’s generally a good idea to keep older credit cards to improve your available credit and increase the average age of your accounts. And for some, Walmart is more than just a retailer — it’s the primary hub for groceries, home goods, auto care and more. With unlimited 5 percent cash back on purchases at Walmart.com, which includes grocery pickup and delivery, there’s a lot to love for those who shop online at the superstore.

However, if you prefer shopping at different stores or do not live close to a Walmart, keeping the card may not be worthwhile. Instead, consider adding a rewards card to your wallet that offers rewards in broader categories that match your spending habits. Plus, Capital One may eventually update the rewards program on this card to remove your boosted rewards rate, so you’ll want to be prepared.

*The information about the Chase Freedom Flex® and the Capital One Walmart Rewards Mastercard has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.

For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

How we rated this card

150+

cards rated

50+

rewards programs valued

1800

data points analyzed

40+

perks evaluated

We rate credit cards using a proprietary card scoring system that ranks each card’s estimated average rewards rate, estimated annual earnings, welcome bonus value, APR, fees, perks and more against those of other cards in its primary category.

Each card feature is assigned a weighting based on how important it is to people looking for a card in a given category. These features are then scored based on how they rank relative to the features on other cards in the category. Based on these calculations, each card receives an overall rating of 1-5 stars (with 5 being the highest possible score and 1 being the lowest).

We analyzed over 150 of the most popular rewards and cash back cards to determine where each stacked up based on their value, cost, benefits and more. Here are some of the key factors that influenced this card’s overall score and how the score influenced our review:

Frequently asked questions

What cardholders think

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (10)

Capital One Walmart Rewards® Mastercard®

4.1

43 ratings

In May 2024, Bankrate collaborated with third-party SliceMR to survey 6160 cardholders nationwide. Bankrate and Slice MR collected, averaged and presented website analytics and cardholder responses to six questions on a 5-point scale. Responses are unedited and have not been reviewed or approved by credit card issuers.

82% of customers recommend this card

Score breakdown

5 stars

56%

4 stars

26%

3 stars

7%

2 stars

0%

1 star

12%

Score by category

Overall4.1 / 5

Extra perks3.0 / 5

Privacy and security4.1 / 5

Customer service4.2 / 5

Online portal or mobile app4.0 / 5

In May 2024, Bankrate collaborated with third-party SliceMR to survey 6160 cardholders nationwide. Bankrate and Slice MR collected, averaged and presented website analytics and cardholder responses to six questions on a 5-point scale. Responses are based on individual cardholder’s product details, and therefore cannot be verified for accuracy. User ratings are unedited and have not been reviewed or approved by credit card issuers, nor do these ratings reflect Bankrate’s own reviews of these cards.

Community Reviews

Explore Capital One Walmart Rewards® Mastercard® reviews from certified cardholders.

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

I appreciate earning rewards for using my card. My husband and I actually saved out points and went to a concert.

Score by category

Extra perks4 / 5

Online portal or mobile app5 / 5

Customer service4 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

I'm very satisfied with capital one and would recommend it to everyone

Score by category

Online portal or mobile app5 / 5

Customer service4 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

It is for my grocery needs about 2x a month

Score by category

Online portal or mobile app4 / 5

Customer service4 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

I do a lot of shopping at Walmart and this card offers cash back on my purchases.

Score by category

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

It was until they decided to change the max amount, lowered it to what I owed then upped the APR because they crashed my credit rating. I'm a bit upset with them right now.

Score by category

Extra perks3 / 5

Online portal or mobile app3 / 5

Customer service4 / 5

Privacy and security2 / 5

Anonymous Cardholder

May 31, 2024

If this card had an annual fee, do you feel it was worth it? What card features and benefits helped you offset the cost?

this card doesn't have a annual fee

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes! It's Walmart you get rewards lol

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

it is easy to use and i get the rewards automatically

Score by category

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes, I use it to make my Walmart purchases.

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

cash back rewards

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

I like the way I get rewards on any purchases I make at Walmart,

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

I like the rewards.

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

I can only use this card at Walmart. I use it 2-3 times a month.

Score by category

Customer service4 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

I LOVE THE CASH REWARDS. I USUALLY USE THEM TO BUY SOMETHING.

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

I would recommend it because it gives good rewards and they add up fast when you shop at Walmart all the time

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

I use it regularly

Score by category

Extra perks4 / 5

Online portal or mobile app5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes and I depend on it for my Walmart purchases because I am disabled and get my stuff delivered.

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

I would only because it offers cash back rewards

Score by category

Extra perks3 / 5

Customer service4 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

cash back

Score by category

Online portal or mobile app3 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes. I use it quite frequently

Score by category

Extra perks5 / 5

Online portal or mobile app4 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

It is whenever I go make purchases at Walmart.That is the car that I use cause I earn cash back

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes I use frequently to buy groceries at Walmart and get a nice cash back rewards

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

overall it has been a good experience

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

I earn rewards by shopping at Walmart. This is something I do almost daily.

Score by category

Extra perks5 / 5

Online portal or mobile app5 / 5

Customer service4 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

I shop at that store often

Score by category

Extra perks3 / 5

Online portal or mobile app3 / 5

Customer service4 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

Because you get good rewards

Score by category

Extra perks4 / 5

Online portal or mobile app4 / 5

Customer service4 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

I shop at Walmart a lot and it made sense as I earn rewards like discounts and freebies. Also no annual fee and my current interest rate is 15%.

Score by category

Extra perks4 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

Goid custumer service, easy to use

Score by category

Extra perks3 / 5

Online portal or mobile app5 / 5

Customer service3 / 5

Privacy and security3 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

I would recommend this card to the friend because of the cashback It is a great deal when shopping at Walmart

Score by category

Extra perks4 / 5

Online portal or mobile app4 / 5

Customer service3 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

Because it was along with Capital One car. I have a quicksilver card also.

Score by category

Online portal or mobile app4 / 5

Customer service3 / 5

Privacy and security3 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Work out good for me each month

Score by category

Extra perks4 / 5

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

I earn a certain percentage when I use in store and online.

Score by category

Extra perks4 / 5

Online portal or mobile app5 / 5

Customer service4 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

Earn cash rewards when using card anywhere I use it, even if not at Walmart.

Score by category

Extra perks4 / 5

Online portal or mobile app4 / 5

Customer service5 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

Discount on purchase for approval

Score by category

Online portal or mobile app4 / 5

Customer service5 / 5

Privacy and security2 / 5

Anonymous Cardholder

May 31, 2024

Why would you or would you not recommend this card to a friend?

Lets me earn points for cash back, if using in store it shows the purchase under my account when I log in online

Score by category

Extra perks3 / 5

Customer service5 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

Yes. I have some of my monthly bills set up for automatic Payments.

Score by category

Extra perks3 / 5

Online portal or mobile app3 / 5

Customer service3 / 5

Privacy and security3 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

It is and I use it online at Walmart for groceries

Score by category

Extra perks4 / 5

Online portal or mobile app4 / 5

Customer service4 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Tell us about an experience you had because of the benefits earned from the card

Not sure what to say. Easy to use anywhere

Score by category

Online portal or mobile app3 / 5

Customer service3 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

Rewards

Score by category

Online portal or mobile app5 / 5

Customer service5 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

Often shop Walmart so for convenience. Also, I only use no fee credit cards.

Score by category

Customer service3 / 5

Privacy and security5 / 5

Anonymous Cardholder

May 31, 2024

What made you choose this card?

I have a Costco Visa to se at Costco

Score by category

Extra perks3 / 5

Online portal or mobile app2 / 5

Customer service3 / 5

Privacy and security4 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

i use it a couple times a week

Score by category

Extra perks4 / 5

Online portal or mobile app4 / 5

Customer service4 / 5

Privacy and security3 / 5

Anonymous Cardholder

May 31, 2024

Is this card a part of your everyday life, why or why not?

I do not like charging unless absolutely necessary. I prefer to use my debit card or my bank credit card.

Score by category

Online portal or mobile app4 / 5

Customer service3 / 5

Privacy and security3 / 5

Compare the best cash back credit cards

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (11)

Written by

Brendan Dyer

Associate Editor, Credit Cards

Read more from Brendan

Brendan Dyer holds a Master of Fine Arts in Journalism from Western Connecticut State University and worked previously as a content editor for Regional News Network, a hyper-local TV news station contracted by Verizon FiOS1 News. As a national service volunteer, Brendan exercised a passion for helping underserved communities and demographics through direct, community service. He constantly seeks to apply his expertise as a journalist to the field of personal finance with the goal of helping people navigate the complexities of the credit card industry.

Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (12)

Edited by

Steve Dashiell

Editor, Credit cards

    Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (13)

    Reviewed by

    Mariah Ackary

    Former Editor, credit cards

    * See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer.

    Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.

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    Capital One Walmart Rewards® Mastercard® review: Great rewards for customers of one of the largest retail chains | Bankrate (2024)

    FAQs

    Is the Capital One Walmart credit card good? ›

    The Capital One Walmart Rewards® Mastercard® is a good credit card for people who frequently shop at Walmart, especially Walmart.com. The Walmart Card's rewards rates range from 1% to 5% back, depending on the type of purchase made.

    Why is Capital One getting rid of Walmart credit cards? ›

    But that partnership has since ended, with a federal court ruling in March 2024 that Walmart could terminate the agreement after the retailer cited customer service concerns. While Capital One is no longer issuing new Walmart cards, cardholders can still use their existing cards for now.

    Why is Capital One dropping Walmart? ›

    Net charge-offs jumped 21%, to $2.6 billion. Fairbank called the Walmart partnership “a very unique one.” The mega-retailer sued Capital One in 2023, seeking to break off its relationship over customer service issues. A judge ruled in March that Walmart could end the relationship early.

    Is Walmart Reward Mastercard worth it? ›

    Is the Walmart Rewards Mastercard worth it? Because the Walmart Rewards Mastercard has no annual fee and pays rewards on all purchases, there's little downside to signing up for one. There may, however, be another credit card with better rewards and features for your personal needs.

    What are the disadvantages of the Walmart credit card? ›

    The card lacks valuable perks that many other rewards cards offer, such as statement credits and intro APRs. The ongoing rewards rate for in-store Walmart purchases is the same as that of many flat-rate cards, which you can use anywhere.

    What is the hardest credit card to get from Capital One? ›

    A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The Capital One Venture X Rewards Credit Card is hard to get because it requires excellent credit for approval and charges an annual fee of $395.

    What is the difference between a Capital One Walmart card and a Walmart card? ›

    The two different Walmart credit cards are the Capital One Walmart Rewards® Mastercard® and the Walmart® Store Card, both of which offer 2% - 5% back on Walmart purchases and have no annual fee. The Walmart Credit Card works anywhere Mastercard is accepted, whereas the Walmart® Store Card is more limited.

    What is the minimum credit score for Capital One Walmart card? ›

    This means that the Capital One Walmart Rewards® Mastercard®* likely requires at least good credit, which FICO typically defines as a credit score of 670 and above.

    What is the limit on Capital One Walmart reward card? ›

    Once approved, you can automatically add your card to Walmart Pay to use it instantly. Credit limits start at $300, but your limit depends on your credit score, debt-to-income ratio and annual income.

    Who will replace Capital One Walmart card? ›

    For eligible customers, your Capital One Walmart Rewards® Card or Walmart Rewards® Card is being replaced with a Capital One Quicksilver Mastercard. Start using your new Quicksilver card as soon as you receive it by clicking Activate your card, downloading the Capital One Mobile app or calling 800-678-7820.

    Will Walmart offer a new credit card in 2024? ›

    Capital One no longer appears to be accepting new applicants for the card via their website. July 2024: Capital One informed its existing Walmart cardholders that they will be transitioned to the Capital One Quicksilver Credit Mastercard.

    Why are so many Capital One locations closing? ›

    data. The bulk of its deposit growth has come via Capital One 360, its digital-only arm that it acquired from ING Direct in 2012. Paul Schaus, the CEO of the consulting firm CCG Catalyst in Phoenix, said that Capital One has been able to sharply reduce its branch count because its “digital strategy is successful.”

    What is the minimum income for a Walmart credit card? ›

    There are no specific Walmart Credit Card income requirements other than for it to be a steady one. Besides this, at least a fair credit score is needed for approval. As with most credit cards, the higher your income and lower your existing debt, the better your chances of approval.

    What's the easiest credit card to get? ›

    The Discover it® Secured Credit Card is our top pick for easiest credit card to get because it's geared toward those with limited / poor credit. It offers great rewards and charges a $0 annual fee.

    What is the minimum income for Walmart Mastercard? ›

    The Walmart World Mastercard has no annual fee and income requirements of either $60,000 personal or $100,000 household.

    What is the credit limit for the Capital One Walmart card? ›

    While the minimum credit limit on the Capital One Walmart Rewards® Card is $300, the actual amount will be based on your creditworthiness. Lenders determine this by looking at several factors, including your annual income, debt-to-income ratio and credit score.

    Is it hard to get a Capital One Walmart card? ›

    It is not hard to get a Walmart Credit Card. You only need fair credit to qualify for a Walmart Credit Card, so you should have a good chance of getting approved as long as your credit score is 640 or higher, you have a steady income, and you're both a U.S. resident and 18+ years old.

    What credit score is needed for Capital One Walmart? ›

    While no credit score guarantees approval, you'll need at least fair or average credit to qualify for the Capital One Walmart Rewards Mastercard (a FICO score of at least 580 or higher).

    Can Capital One Walmart credit card be used anywhere? ›

    If you have the Capital One Walmart Rewards® Mastercard®, though, you'll be able to use your card pretty much everywhere that takes credit in over 210 countries and territories. You'll need fair credit to get either card.

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