Capital One® Walmart Rewards® Card®

About

The Capital One Walmart Rewards Mastercard® is a credit card that allows users to earn rewards on purchases made at Walmart and other retailers. Cardholders can earn 5% back on purchases made at Walmart.com, 2% back on in-store purchases at Walmart, including grocery pickup and delivery, and 1% back on purchases made elsewhere. The rewards can be redeemed for statement credits, gift cards, or merchandise at Walmart.com.

The card has no annual fee, and a 0% introductory APR on purchases for the first 7 billing cycles, which can be useful if you plan to make a large purchase or want to make a balance transfer.

The card also offers a variety of other benefits, such as access to your FICO credit score for free, CreditWise, a credit monitoring and management tool, no foreign transaction fees, travel accident insurance, auto rental collision damage waiver, extended warranty, purchase protection.

It's important to note that this card is a Mastercard®, which means it can be used at millions of merchants worldwide that accept Mastercard. It's always best to compare this card with other credit card offers and carefully review the terms and conditions to make sure it is the right fit for you.

Excellent benefits and security

The Capital One Walmart Rewards Card® offers a variety of benefits to cardholders, including the ability to earn rewards on purchases made at Walmart and other retailers. Additionally, the card has security features to protect cardholders from fraud. Some of these features include:

• Fraud monitoring and alerts. Capital One uses advanced security measures to detect fraudulent activity on your account and will notify you if any suspicious activity is detected.
• Zero Liability Protection. If your card is lost or stolen, you won't be held responsible for any unauthorized charges.
• Security code. All online transactions require a security code, which is a unique code found on the back of your card, to protect against online fraud.
• Encryption. Capital One uses encryption technology to protect your personal and financial information when you use the card online or over the phone.

It's worth noting that these are standard security features for most of the credit card issuer.

Capital One® Walmart Rewards® Card Rewards

The Capital One Walmart Rewards Card® allows cardholders to earn rewards on purchases made at Walmart and other retailers. Specifically, cardholders can earn:

• 5% back on purchases made at Walmart.com
• 2% back on in-store purchases at Walmart, including grocery pickup and delivery
• 1% back on purchases made elsewhere

Rewards can be redeemed for statement credits, gift cards, or merchandise at Walmart.com. Additionally, cardholders can also earn a $25 statement credit after spending $25 on their first purchase with the card.

It's important to note that rewards can only be earned on purchases made with the card and that certain restrictions and limitations may apply. It's always best to check the terms and conditions and also to compare with other credit card rewards programs to see if it's the best fit for you.

Current sign-up bonus

The current sign-up bonus for the Capital One Walmart Rewards Card® varies, and the offer can change from time to time. As of my knowledge cutoff date, there is no specific sign-up bonus for this card. However, cardholders can earn a $25 statement credit after spending $25 on their first purchase with the card. It's always best to check the Capital One website or contact the bank directly to confirm the current sign-up bonus for this card, as it may change.

Other Capital One® Walmart Rewards® Card Benefits

In addition to the rewards program, the Capital One Walmart Rewards Card also offers other benefits to cardholders, such as:

• No annual fee
• 0% introductory APR on purchases for the first 7 billing cycles
• Access to your FICO credit score for free
• CreditWise, a credit monitoring and management tool
• No foreign transaction fees, you can use it internationally
• Travel accident insurance
• Auto rental collision damage waiver
• Extended warranty
• Purchase protection

It's worth noting that some of these benefits are standard for most credit cards, but it's always good to check the terms and conditions. It's always best to compare this card with other credit card offers and carefully review the terms and conditions to make sure it is the right fit for you.

Annual fee

The Capital One Walmart Rewards Card® has no annual fee, this means that cardholders do not have to pay any yearly fee to maintain the card. Having no annual fee can be beneficial as it allows cardholders to keep the card open and active without incurring any additional costs. This can be useful if you plan to use the card regularly and want to earn rewards on your purchases. 

It's always good to check the terms and conditions of the credit card and compare it with other credit card offers to make sure it's the best fit for you.

Rates and fees

The Capital One Walmart Rewards Card® has several rates and fees that cardholders should be aware of, such as:

• Purchase APR. The annual percentage rate (APR) for purchases is variable and currently ranges from 14.74% to 22.74% based on creditworthiness.
• Balance Transfer APR. The APR for balance transfers is variable and currently ranges from 14.74% to 22.74% based on creditworthiness.
• Cash Advance APR. The APR for cash advances is variable and currently ranges from 24.74% to 29.74%.
• Balance Transfer Fee. The balance transfer fee is currently 3% of the amount of each transfer.
• Cash Advance Fee. The cash advance fee is currently 3% of the amount of each cash advance or $10, whichever is greater.
• Foreign Transaction Fee. The card has no foreign transaction fees, which can be beneficial for cardholders who travel internationally or make purchases in foreign currency.

It's always best to check the terms and conditions of the credit card and compare it with other credit card offers to make sure it's the best fit for you. It's also worth noting that late payments or going over the credit limit can result in additional fees and penalties, and also negatively impact your credit score.

How to apply for a Capital One Walmart Rewards Card®?

To apply for the Capital One Walmart Rewards Card®, you can follow these steps:

1. Go to the Capital One website and find the Walmart Rewards Card page.
2. Click on the "Apply Now" button.
3. Fill out the application form with your personal information, including your name, address, income, and Social Security number.
4. Review and accept the terms and conditions.
5. Submit your application.

After submitting your application, Capital One will review your creditworthiness and will generally provide a decision within a few minutes. If your application is approved, you will receive your new card in the mail within 7-10 business days.

It's always important to check the terms and conditions of the credit card and compare it with other credit card offers to make sure it's the best fit for you. Also, make sure that you meet the minimum credit requirements before applying, so you don't hurt your credit score.

How to lock for missing or stolen cards?

The Capital One Walmart Rewards Card® offers a feature to lock your card if it's missing or stolen. This feature allows you to temporarily lock your card to prevent unauthorized purchases and cash advances. You can also unlock it again when you find it or get a new card.

You can lock and unlock your card through the Capital One mobile app or website, or by contacting customer service. This can be a useful feature for cardholders as it allows them to quickly and easily secure their account if their card is misplaced or stolen.

It's also worth noting that Capital One also offers 24/7 fraud monitoring, so if any suspicious activity is detected on your card, you will be notified immediately. If you suspect that your card has been used fraudulently, you should contact Capital One immediately to report the fraud and to request a new card.

Capital One Walmart Rewards Mastercard vs. Blue Cash Preferred® Card from American Express

The Capital One Walmart Rewards Mastercard and the Blue Cash Preferred® Card from American Express are both cash back credit cards, however, they have some key differences.

The Capital One Walmart Rewards Mastercard is tailored for individuals who frequently shop at Walmart and offers rewards on purchases made at Walmart.com, in-store purchases at Walmart, including grocery pickup and delivery, and purchases made elsewhere. The rewards can be redeemed for statement credits, gift cards, or merchandise at Walmart.com.

The Blue Cash Preferred® Card from American Express, on the other hand, offers rewards on everyday purchases, including 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 at U.S. gas stations, and 1% cash back on other purchases. The cash back rewards can be redeemed as statement credits, deposited into a bank account or used to purchase gift cards.

Both cards have an annual fee, $0 for Capital One Walmart Rewards Mastercard and $95 for Blue Cash Preferred® Card from American Express.

It's always best to compare these cards with other credit card offers and carefully review the terms and conditions to make sure it is the right fit for you. Also, make sure that you meet the minimum credit requirements before applying, so you don't hurt your credit score.

Capital One Walmart Rewards Mastercard vs. Citi Custom Cash℠ Card

The Capital One Walmart Rewards Mastercard and the Citi Custom Cash℠ Card are both cash back credit cards, however, they have some key differences.

The Capital One Walmart Rewards Mastercard® is tailored for individuals who frequently shop at Walmart and offers rewards on purchases made at Walmart.com, in-store purchases at Walmart, including grocery pickup and delivery, and purchases made elsewhere. The rewards can be redeemed for statement credits, gift cards, or merchandise at Walmart.com.

The Citi Custom Cash℠ Card, on the other hand, offers a tiered rewards program where cardholders can earn 5% cash back on purchases in rotating categories that change every quarter, up to $500 in combined purchases per quarter and 1% cash back on all other purchases. The cash back rewards can be redeemed as statement credits, deposited into a bank account or used to purchase gift cards.

Both cards have no annual fee.

It's always best to compare these cards with other credit card offers and carefully review the terms and conditions to make sure it is the right fit for you. Also, make sure that you meet the minimum credit requirements before applying, so you don't hurt your credit score. Take into account your spending habits and where you typically shop to determine which cash back card is the best option for you.

FAQ

Is a Capital One Walmart Rewards card a real credit card?

Yes, the Capital One Walmart Rewards® card is a real credit card. It is issued by Capital One, one of the largest credit card issuers in the United States. The card is designed for individuals who frequently shop at Walmart and offers rewards on purchases made at Walmart.com, in-store purchases at Walmart, including grocery pickup and delivery, and purchases made elsewhere. Cardholders can earn 5% back on purchases made at Walmart.com, 2% back on in-store purchases at Walmart, including grocery pickup and delivery, and 1% back on purchases made elsewhere. The rewards can be redeemed for statement credits, gift cards, or merchandise at Walmart.com.

However, just like any other credit card, you will need to meet the credit qualifications and go through the application process to get approved. Also, it's important to remember that credit cards come with responsibilities, like making payments on time and keeping balances low.

How does the Capital One Walmart Rewards card work?

The Capital One Walmart Rewards card works by offering rewards to cardholders for making purchases using the card. The rewards program is tiered, meaning that cardholders can earn different rewards rates depending on where they make their purchases. Here's how it works:

1. Earn 5% back on purchases made at Walmart.com. When cardholders make purchases at Walmart.com using their Capital One Walmart Rewards card, they will earn 5% back on their purchase.
2. Earn 2% back on in-store purchases at Walmart. When cardholders make in-store purchases at Walmart, including grocery pickup and delivery, using their Capital One Walmart Rewards card, they will earn 2% back on their purchase.
3. Earn 1% back on purchases made elsewhere. When cardholders make purchases anywhere else using their Capital One Walmart Rewards card, they will earn 1% back on their purchase.
4. Redeem rewards. Cardholders can redeem rewards by logging into their account on the Capital One website or mobile app. They can redeem rewards for statement credits, gift cards, or merchandise at Walmart.com.

It's important to note that rewards do not expire as long as the account is open, active and in good standing.

It's always best to carefully review the terms and conditions of the credit card, including any fees and interest rates, to make sure it is the right fit for you. Also, make sure that you meet the minimum credit requirements before applying, so you don't hurt your credit score.

Capital One Walmart Rewards® card work with Walmart Pay?

Yes, Capital One Walmart Rewards® credit cards can be used with Walmart Pay. This allows cardholders to easily make purchases and earn rewards while shopping at Walmart.

To use a Capital One Walmart Rewards® credit card with Walmart Pay, you will first need to download the Walmart app on your mobile device and set up an account. Once your account is set up, you can add your Capital One Walmart Rewards credit card as a payment method. When you are ready to make a purchase at a Walmart store, open the Walmart app and select Walmart Pay at checkout. Scan the QR code displayed at the register with your device's camera. This will automatically apply your Capital One Walmart Rewards® credit card as the payment method and complete the transaction. The process is simple, fast and secure. Additionally, you can also use the card with Capital One mobile app to track your purchases and rewards, and also to make payments.

Is it hard to get a Walmart Capital One card?

The approval process for a Capital One Walmart Rewards credit card is similar to that of other credit cards. Capital One will consider factors such as your credit score, income, and credit history when evaluating your application. If you have a good or excellent credit score, you will likely have a better chance of being approved for the card. However, if you have a fair or poor credit score, you may still be able to qualify for the card, but you may be offered a higher interest rate or a lower credit limit. It's also important to note that Capital One may also check your credit score and credit history with the major credit bureaus when you apply for the card, which will result in a hard inquiry on your credit report. You can also check the Capital One's pre-qualification feature to check your chances of getting the card without affecting your credit score. It's always a good idea to check your credit score and credit history before applying for any credit card, to have an idea of where you stand.