Walmart Credit Card Review

Walmart Credit Card is a store cashback credit card issued by Capital One. If you're wondering whether Walmart Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

• Generous reward rate. You will get a cashback rewards rate of up to 5%.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.99% up to 26.99%.
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Walmart Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Accepts cosigners. Capital One is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as price protection, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 670.

The Good	The Bad
Earn 5% back in Walmart stores when you use Walmart Pay for the first 12 months No annual fee. Multiple credit card perks. No foreign transaction fee. Walmart Credit Card reports to multiple credit bureaus.	Higher than average purchase APRs. Requires good to excellent credit. Does not offer a signup bonus. Charges a 3% balance transfer fee.

Is there a Walmart Credit Card cash back or rewards program?

No, Walmart Credit Card does not offer a rewards program. Walmart Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Walmart Credit Card you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 5% for purchases in a bonus category.

What are the Walmart Credit Card benefits?

Walmart Credit Card provides the following benefits:

• Price Protection
• Reports to major credit bureaus

What are the relevant APRs for Walmart Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Walmart Credit Card has higher than average purchase APRs.

Walmart Credit Card has a variable purchase APR that ranges from 17.99% up to 26.99%. The card has a variable balance transfer APR that ranges from 17.99% up to 26.99%. It also has a variable cash advance APR of 26.99% .

What are the fees for Walmart Credit Card?

The following fees apply to Walmart Credit Card:

Walmart Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	up to $39

Does Walmart Credit Card report your account activity to credit bureaus?

Yes, Walmart Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Walmart Credit Card

• Visit the Walmart Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.