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For regular Walmart customers, Capital One’s Walmart Incentives Card offers generous cash-back rewards. You can only use this credit card at Walmart and Walmart-affiliated businesses like Sam’s Club and Murphy gas stations because it is a store credit card. This card offers the best cash back earnings for online and app purchases made at Walmart.com.
Capital One Walmart Rewards Card
- OVERALL GRADE-3.5
- Credit score recommendation-580-850
- Excellent to Very Good
- ORDINARY APR (percentage)
- 26.99 percent arbitrary
- Yearly fee-$0
EARNING RATE OF REWARDS
Earn 5% when you shop at Walmart.com, use the Walmart app, or have your groceries delivered by Walmart. 2% back at Walmart shops, 1% back at Walmart & Murphy USA Fuel Stations, and 1% back at Sam’s Club stores and Sam’s Club gas stations on in-store purchases.
A rate breakdown
- In the Interest-1.9
- as Payment-2.8
- for Benefits-4.4
- with Credit-3.0
Ongoing Offer
For the first 12 months, when you use your Capital One Walmart Rewards Card with Walmart Pay, the quick and secure way to pay with your phone at Walmart, you will receive 5% back in Walmart stores.
Brand loaner
If you frequently shop at Walmart, this store card may be a good option for you.This no-fee product is among the best in its class—as long as you’re shopping online—and offers generous rewards on Walmart purchases.
If you just make purchases through apps or the internet, as opposed to going to physical stores, you’ll get much more cash back—5 percent as opposed to just 2 percent. Although Walmart Pay (Walmart’s digital wallet), which is part of the card’s introductory incentive, allows users to receive 5% cash back on all purchases, this promotion expires after a year.
You can get 2 percent back when you shop in-store at Walmart, which is great, but if you frequent Sam’s Club, you need to go elsewhere because you can only get 1 percent back.
The Capital One Walmart Rewards Card could be a better option for you if you like to use only one credit card. In addition, since it’s not a store card, you may use it elsewhere and get cash back on purchases in addition to receiving the same advantages at Walmart.
Pros
- a reasonable rate of cash back earnings
- A flexible program of awards
- a respectable welcome bonus
Cons
- Much lower rewards for in-store customers.
- Pros Presented
- A 5% return on purchases is a good deal, especially when it comes to store cards.This is a good cash back earning rate.
- Flexible rewards program: You can receive your cash back in the form of statement credits, gift cards, or checks.
- Good to know: If you utilize Walmart Pay, the year-long welcome promotion gives you an extra 3% in cash back on in-store purchases. Without a cap, you may earn a considerable sum of money in a single year.
Cons Explanation
- Significantly reduced incentives for in-store purchases:In addition to the introductory bonus, you’ll receive 2% in rewards if you spend at Walmart in person and 1% if you shop at Sam’s Club in person.
- bonus for new cardholders of the Walmart Rewards Program.
- Other gift cards might provide welcome benefits to new cardholders, including credits or coupons for discounts, although these are usually of a more modest nature.
- Instead of the standard 2 points per $1 spent, new cardholders earn 5 points for the first 12 months on in-store purchases made with Walmart Pay. Downloading the app from the App Store or Google Play is required to use Walmart Pay.
Earning Rewards & Points
When the welcome bonus expires, you’ll find the best return with this card online (and in the app) (and in the app). On Walmart.com, the Walmart app, and during grocery pickup and delivery, you’ll get 5% back.
Otherwise, you’ll get 2% back on gift card purchases in the United States, as well as at Walmart retail locations and Murphy USA gas stations.Finally, even though the card also provides cash back at Sam’s Club, the percentage is only 1%.
As long as your account is active, your rewards won’t expire.
Redeeming Prizes
Redeeming prizes can be done in a few different ways. The simplest option is to choose to use your points at checkout when making an online purchase.
Visit Capital One to use your points as a statement credit to redeem rewards for an existing purchase. To be redeemable, the transaction must have been made within the last 90 days.
Finally, you have the option to exchange rewards for a statement credit, a check, or gift cards. You may do this using Capital One’s website or mobile app.
How to Maximize the Use of This Card
Making as many of your purchases at Walmart as you can will help you get the most value out of your Walmart Rewards Card. As a result, you should switch to Walmart for your grocery and clothing shopping as well as medication pick-ups. Since Walmart is a big-box retailer, you should be able to find the majority of the items you require in its warehouses.
Once the welcome bonus expires, you might want to shop online. If you’d rather utilize your phone, app purchases and purchases made through Walmart.com will both earn you 5%.
Although it’s simple to use your points to make purchases or through online checkout, you’ll get the most value out of them by using them to purchase statement credits or cash (via a check). This is due to the fact that if you used them to make purchases, you would not receive cash back.
Customer satisfaction
Customer satisfaction scores for Capital One are very high. Capital One was ranked third among 11 major card issuers nationwide in J.D. U.S. Power’s 2021 Credit Card Satisfaction Study.
According to the 2022 J.D. Power rankings, Capital One also led all other national banks in terms of its mobile app and online banking services. Your Walmart Rewards Card is issued by Capital One, according to the U.S. Banking Mobile App Satisfaction Study, so using it should go smoothly.
Security Options
Industry-standard security features like $0 fraud liability for erroneous transactions and illegal use are included with the Walmart Rewards Card.
Standard security features like zero fraud liability are included with the Walmart Rewards Card. Additionally, you can configure account alerts to send you text, email, or phone notifications if there is suspicious activity on your account.
Walmart Rewards Card Fees
When it comes to fees, the Walmart Rewards Card doesn’t have many. It does not have an annual cost and has no overlimit fees.
The competitors
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- Overall grade-4.5
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-Variation of 15.24 to 24.24 percent
- YEARLY FEE-$0
EARNING RATE OF REWARDS
Every year, you earn 5% on your first $5,000 in purchases, followed by a 2% earning rate on subsequent purchases.
PayPal Mastercard® Cashback
- Overall grade-4.2
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-variable, ranging from 15.24 percent to 27.24 percent
- Yearly fee-$0
EARNING RATE OF REWARDS
Get daily cash back of 2% on all purchases.
Amazon Prime Rewards Visa Signature Card
- Overall grade-4.2
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-from 14.99 to 22.99 percent
- Yearly fee-$0
EARNING RATE OF REWARDS
With an eligible prime membership, you can get 5% back at Amazon.com and Whole Foods Market, 2% back at eateries, gas stations, and pharmacies, and 1% back on all other transactions.
Visa Signature Card with Amazon Rewards
- Overall grade-4.2
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-from 14.99 to 22.99 percent
- Yearly fee-$0
EARNING RATE OF REWARDS
3% back on purchases made at Whole Foods Market and Amazon, 2% back at eateries, 3% back at gas stations, and 1% back on all other transactions.
The American Express Business Prime Card for Amazon
- Overall grade-4.1
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-15.74 percent to 23.74 percent
- YEARLY FEE-$0
EARNING RATE OF REWARDS
Get 5% back on your first $120,000 in purchases annually at Amazon Business, AWS, Amazon.com, and Whole Foods Market when you have a qualifying Prime membership. 2% at American eateries, American gas stations, and on wireless phone services bought directly from American service providers. 1% off of all other purchases.
Priceline VIP RewardsTM Visa Card
- Overall grade-4.1
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr (percentage)-17.49 percent to 27.49 percent variable
- Yearly fee-$0
EARNING RATE OF REWARDS
For each dollar spent on Priceline reservations, you earn 5X points. Earn 2X points for dining out, including delivery and for gas. On all other purchases, you can get 1X points.
IKEA Visa® credit card
- Overall grade-4.0
- Credit score recommendation-580/850
- Excellent to Very Good
- Ordinary apr (percentage)-21.99 percent variable
- Yearly fee-$0
EARNING RATE OF REWARDS
5% in rewards, 3% in rewards for dining, grocery, and utility purchases, and 1% in rewards for all other purchases.
Mastercard from Cabela’s Club
- Overall grade-4.0
- Credit score recommendation-350/850
- Excellent-Poor
- Ordinary apr(percentage)-15.49 percent to 27.24 percent variable
- Yearly fee-$0
EARNING RATE OF REWARDS
Earn 2 percent back in CLUB Points for purchases made at Bass Pro Shops and Cabela’s and 1 percent back for purchases made elsewhere that accept Mastercard® credit cards.
MasterCard, Capital One, Walmart Rewards
- Overall grade-3.9
- Credit score recommendation-670/850
- Good to Excellent
- Ordinary apr(percentage)-Variable, ranging from 17.99 to 26.99 percent
- Yearly fee-$0
EARNING RATE OF REWARDS
Earn 5% when you shop at Walmart.com, use the Walmart app, or have your groceries delivered by Walmart. Earn 2% back on all Walmart purchases as well as purchases made at Walmart and Murphy USA fuel stations, restaurants, and travel agencies. On all other purchases, you get 1% back.
Toyota Rewards Visa®
- Overall grade-3.9
- Credit score recommendation-580/850
- Excellent to Very Good
- Ordinary apr (percentage)-Variable, ranging from 13.99 to 22.99 percent
- Yearly fee-$0
EARNING RATE OF REWARDS
Toyota dealerships offer 5 points for every $1 spent; 2 points for every $1 spent on petrol, dining, and entertainment; and 1 point for every $1 spent anywhere else where Visa is accepted.
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We are committed to providing you with honest, in-depth reviews of credit cards. For this, we gather information from hundreds of cards and grade more than 55 aspects of your financial situation.
No one can sway the cards we review, how we display them to you, or the scores they receive. Our reviews are always unbiased. We concentrate on three areas, and the scores and reviews are directly derived from the information we gather and our editorial experience.
What is the price? We think you should be aware of the costs associated with carrying a load given the all-time high in credit card debt. Because of this, we heavily weight regular purchase APRs in our total scores, and we award cards poor marks if they contain a lot of expensive fees.
How Much Are the Benefits Worth? Cards allow users to accrue rewards in several forms, including points, miles, and cash back, with a wide range of value. We created a method that fairly compares incentives and assigns them a monetary value in order to streamline the issue. We achieve this by taking a close look at the manner in which awards can be earned and redeemed, as well as the usual spending and travel patterns of Americans.
Does it make life easier for you? Cards that accept a variety of credit profiles and provide straightforward methods for tasks like monitoring your credit score or contacting customer care are favored by our ranking system. Finally, we favor credit cards with a variety of methods for preventing fraudulent charges.
We hold the credit cards to these criteria and set a high bar for each review on The Balance. Our methodology makes sure that credit cards with the best balance of value, affordability, and accessibility obtain the highest marks, even if we are aware of the allure of flashy features like six-digit sign-up bonuses. For additional information, see our complete methodology.
