The Walmart credit cards — there are two of them — offer respectable rewards rates on everyday purchases. For example, you’ll get 3% cash back on Walmart.com, 2% back on Murphy and Walmart gas purchases, and 1% back everywhere else the cards are accepted. Also, the cards have no annual fee.
But if your credit isn’t good or excellent, you might be hesitant to apply; the last thing you want is to get denied. We get a lot of people asking: What credit score do you need for a Walmart credit card?
What does your credit score have to be to get a Walmart credit card?
Unfortunately, there’s no definitive answer to this question. Some websites have gathered information from people who have applied and shared averages, which range from 550 to 660. But the issuer of the credit cards, Synchrony Bank, doesn’t offer any information about what it takes to get approved.
What’s more, Synchrony — and other credit card issuers, for that matter — also looks at other factors when reviewing your application.
Common creditworthiness factors include:
- Your income
- Your overall debt
- The length of your credit history
- How many recent credit inquiries you have
- Whether you have a bankruptcy or other major negative item on your credit report
This means that, if you have a low credit score, it’s possible to make up for it with one of these other elements. At the same time, a bankruptcy or a ton of recent credit inquiries could make it hard to get approved even with a decent credit score.
If you’re not sure if you’d qualify, it can help if you received a Walmart credit card pre-approval offer in the mail. While these offers don’t guarantee approval, they’re based on the issuer running a soft credit check and deciding if you might qualify.
Related questions about the Walmart credit cards
As we’ve researched the Walmart credit cards, we’ve noticed some other key questions you might have about the card. Here’s a quick Q&A to save you some time:
Does the Walmart credit card give instant approval?
While you should get a response within 30 seconds if you apply online, there’s no guarantee you’ll be instantly approved.
Can you get the Walmart credit card with bad credit?
We’ve seen evidence that it’s possible to get the cards with a bad credit score, but there’s no published minimum score requirement. Synchrony Bank reviews your full credit profile.
What is the Walmart credit card limit?
We’ve seen some new cardholders get a credit limit as low as $150. But in general, your limit will be based on your income, current debt, credit score, and more.
How do you know if you got approved for a Walmart credit card?
If you apply online, you’ll typically get a response within 60 seconds. If the application is pending, you should get a letter within 10 business days.
Is it good to have a Walmart credit card?
The Walmart credit cards aren’t terrible, but you could do better if you have good credit. The biggest issue with the card is that it offers bonus rewards on Walmart.com purchases, but you get a measly 1% cash back when you shop in Walmart stores. That said, if you shop on Walmart.com a lot, it could be worth it.
What credit bureau does Walmart use?
Synchrony Bank usually pulls only your TransUnion credit report when determining whether to approve your application. But once you get approved, the issuer reports your account activity to all three national credit bureaus.
Which credit card is the easiest to get?
If you’re not sure if your credit is good enough to get approved for the Walmart credit card, there are some other options to consider. That said, it’s important to avoid cards that promise instant approval. Many of these card charge exorbitant fees and don’t report any of your activity to the credit bureaus.
So, here are a couple of options to consider:
If you have no credit history whatsoever and aren’t a student, the Deserve Classic Mastercard is worth considering. The card is unsecured, which means you don’t have to put up a security deposit to get approved.
Here are some other highlights:
- You can get a credit limit of up to $1,500
- You’ll receive cellphone insurance coverage worth up to $600
- No rewards program
- No foreign transaction fees
- $39 annual fee
This card is a secured credit card, but it’s a great option if you have major negative items on your credit report. That’s because the card doesn’t require a credit check at all. What’s more, you don’t even need a checking account, which is a standard requirement for many credit cards.
Other highlights include:
- A reasonable interest rate for a secured credit card
- Your credit limit — which is equal to your deposit — can be between $200 and $3,000
- No rewards program
- $35 annual fee
Should you apply for the Walmart credit card?
Because the Walmart credit card is available for people with less-than-stellar credit, it might be worth it to apply if you’re looking to build your credit history. That said, check out some others to make sure you’re getting the best one.
If you have good or excellent credit, however, consider top rewards credit cards to get more bang from your buck.