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Capital One Walmart Rewards® Mastercard® review: is it worth it?

If you're looking for a card that will give you cash back and rewards for your everyday spending, the Capital One Walmart Rewards® Mastercard® may be the perfect fit. Read on for our review and learn how this product can be ideal for your financial needs!

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Capital One Walmart Rewards® Mastercard®: Earn 5% cash back on online Walmart purchases!

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Capital One Walmart Rewards® Mastercard® review. Source: Youtube Capital One.

If you’re a frequent Walmart shopper, getting rewards for your everyday purchases sounds like a dream, right? Well, Capital One made that dream a reality with the Capital One Walmart Rewards® Mastercard®.

You can get up to 5% cash back by shopping online or through Walmart’s mobile app with this product.

Capital One® Walmart Rewards credit card

Capital One Walmart Rewards® Mastercard®

Learn the application process for the Capital One Walmart Rewards® Mastercard® and start earning on all your spending!

But that’s not all! There’s a 2% rate on in-store purchases, 2% on dining and travel-related expenses, and 1% on everything else! Read on for our review and see why this card is a great choice for you. 

Credit ScoreAverage – Excellent.
Annual Fee$0.
Regular APR19.48% or 29.99% variable for purchases and balance transfers; 29.99% variable for cash advances.
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:Either $3 or 3% of the amount of each cash advance, whichever is greater.
Welcome bonus5% cash back in Walmart stores by paying via Walmart Pay for the first 12 months.
Rewards5% cash back at Walmart’s e-commerce;
2% cash back in-store purchases;
2% cashback at travel and dining;
1% cash back in all other purchases.

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Capital One Walmart Rewards® Mastercard®

The card has a $0 annual fee and international coverage by Mastercard. This card is a great companion for shopping anywhere in the U.S. and taking with you on your international travels with no foreign transaction fees.

The product works best if you’re a frequent Walmart shopper, but it’s not restricted just to Walmart.

That said, you can earn up to 5% cash back on online and mobile purchases at Walmart and 2% back on in-store shopping. There’s also 2% on dining and travel and 1% on all other eligible purchases. 

You can redeem your points in Walmart discounts, gift cards, statement credits, or bookings through Capital One Travel Rewards.

Moreover, you’ll need to pay a 3% cash advance fee of the cash advance amount, but not less than $3.

To get this card, you must have a credit score ranging between good and excellent, and all new applications go through Capital One’s website.

Capital One Walmart Rewards® Mastercard®: should you get one?

Walmart app
Should you get this card? Source: Adobe Stock.

Before applying for a new credit card, it’s best to consider all the benefits and drawbacks it has to offer. That way, you can make a sensible decision for your financial future.

Below, you can see some of the pros and cons of the Capital One Walmart Rewards® Mastercard®.

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Pros

  • $0 annual fee;
  • 5% cash back at online Walmart shopping;
  • 2% cash back on dining and travel;
  • Flexible redemption options;
  • No foreign transaction fee;
  • $0 Fraud Liability.

Cons

  • No intro APR period;
  • Limited rewards for in-store shopping at Walmart;
  • No free shipping for online purchases.

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Credit score required

Most credit cards with cash back as their primary benefit will require a FICO credit score between 690 and 850. This product is no exception. To qualify for this product, you’ll need at least a good credit rating. 

Capital One Walmart Rewards® Mastercard® application: how to do?

So, now that you know how beneficial this credit card can be to your wallet, follow the link below to learn about its application process. You can start earning cash back on all your daily purchases today with the help of this card!

Capital One® Walmart Rewards credit card

Capital One Walmart Rewards® Mastercard®

Learn the application process for the Capital One Walmart Rewards® Mastercard® and start earning on all your spending!

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

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

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