Walmart Credit Card Guide: Benefits, Fees, and How to Apply
One of the world’s most popular retailers, Walmart, has always stood for its shoppers, constantly rolling out financial tools that nurture customer loyalty and keep them coming back. Among these, Walmart credit cards stood out as a powerful way to unlock exclusive savings, flexible financing, and valuable rewards for both in-store and online shoppers. So, if you’re asking yourself, “Does Walmart have a credit card of its own right now?” the answer is no, at least for the moment. However, Walmart is gearing up to step back into the credit market, and brand-new offers are expected to roll out very soon.
Over the years, Walmart’s credit program has shifted and evolved through its partnerships with Synchrony and Capital One. The Capital One Walmart Rewards Mastercard and the Walmart store credit card were the two most compelling offers so far. Now, as we wait for new retailer-led credit cards to be unveiled, let’s look back at the benefits Walmart credit cards brought to the table, the fees they carried, and how the program is about to change.
Key Walmart Credit Card Benefits
When it came to stretching your shopping budget and tapping into perks designed to reward loyalty, Walmart credit cards truly went the extra mile. They weren’t just about paying at the checkout, they were about turning everyday spending into long-term value.
Before digging into the details of a credit card from Walmart, it’s worth mentioning that in May 2024, the partnership between Capital One and Walmart came to an end. As a result, Capital One Walmart cardholders were eventually switched over to Capital One Quick Silver cards, though they were able to hold on to their Walmart rewards. At the same time, the Walmart Rewards Mastercard remained available only in Canada. Looking ahead, Walmart OnePay has teamed back up with Synchrony and is gearing up to roll out a brand-new credit card program powered by Walmart OnePay in fall 2025.
While two new Walmart credit card options are already on the horizon, it makes sense to break down the major benefits of earlier cards from this retailer to see whether the new offers will match or even outdo them.
Benefit | Description |
|---|---|
Cashback and rewards | Walmart offered highly competitive cashback rates, especially when shopping through Walmart.com or the Walmart app (5% online vs. 2% in-store). Rewards were typically unlimited, stayed active as long as your account was open, and could be redeemed for statement credits, Walmart purchases, or gift cards. |
Intro offers and financing deals | New cardholders could count on welcome bonuses and appealing intro offers, such as extra cash back during the first few months or special promotional financing on large-ticket buys. With 0% interest periods for select purchases, you had time to pay down big expenses without extra cost. |
Cardholder-only perks | Beyond standard Walmart credit card rewards, cardholders unlocked exclusive discounts, early bird access to sales, and limited-time seasonal promotions. Extra cashback days and invite-only clearance events were also part of the package, along with financing deals regular shoppers couldn’t tap into. |
Online management features | Every Walmart store card came with an easy-to-use online platform to track your spending, keep tabs on rewards, and make payments. It gave you complete control and visibility over your account. |
Credit building potential | Walmart credit cards are reported to all three major credit bureaus. So, if you were trying to strengthen your credit profile, making your Walmart credit card payments on time and keeping balances low could help you improve your credit score over time. |
Security and protection | Walmart cards carried $0 fraud liability, so you weren’t on the hook for unauthorized charges. Eligible purchases often came with extended warranties and purchase protection, adding peace of mind on electronics, appliances, and more. |
Where and How You Can Use Your Walmart Credit Card
The real beauty of a Walmart credit card was that it didn’t just work at your local checkout counter. It was a versatile tool that you could count on in a variety of spending scenarios. Ideally, the new credit cards will step up and deliver the same level of flexibility or go even further.
- Online and in-store usage: You could use a credit card at Walmart physical stores, Walmart.com, and in the Walmart app. With generous cashback rates on online shopping and delivery, they were a smart way for digital-savvy shoppers to cash in on rewards.
- Outside Walmart: The Mastercard-backed versions could be swiped or tapped anywhere Mastercard was accepted: millions of locations and merchants worldwide. From dining out at your favorite restaurant to travel bookings to fueling up at gas stations, many of these categories also earned bonus rewards.
- Paying bills and special purchases: Cardholders could cover recurring bills like utilities, streaming subscriptions, or insurance premiums, turning regular monthly expenses into opportunities for cashback. For bigger-ticket items, Walmart often rolled out special financing options to let customers spread out payments over several months interest-free.
- International purchases: With Mastercard’s worldwide reach, the card had international coverage for shopping, dining, and travel expenses on both planned trips and last-minute getaways. Many versions carried no foreign transaction fees, making them especially handy abroad.
- Digital wallets integration: Walmart credit cards could be linked to Apple Pay, Google Pay, or Samsung Pay, allowing for fast, secure tap-to-pay transactions and smooth mobile checkouts.
Walmart Credit Card Fees and Interest Rates
Walmart cards were not only about perks and rewards, though. Like any other credit card, they also came with certain fees and interest rates. And any future Walmart credit card will likely follow a similar pricing model.
The good news was that these cards had no annual fee, and if you paid your balance in full within the 25-day grace period after each billing cycle, you avoided interest charges. However, they didn’t come with an introductory APR. Interest on purchases started right away, ranging from 19.48%-29.99% for the Capital One card and up to 27.99% for the Walmart-branded store card.
The Capital One credit Walmart card also supported cash advances and balance transfers, giving cardholders the option to withdraw funds at ATMs or move balances between cards. Yet, the costs were steep: the transfer APR ranged from 19.48% to 29.99%, or you’d pay 3% of the transfer amount under a promotional rate from the bank. Cash advances carried a charge of $3 or 3% per transaction, whichever was higher. Because of these fees, it was not the most cost-effective choice for such transactions.
Final Thoughts
Overall, Walmart credit cards consistently delivered valuable rewards and convenience for loyal Walmart shoppers, making everyday purchases both efficient and financially rewarding. Although the Walmart credit program is currently on pause, the upcoming Walmart OnePay–backed credit options promise even more benefits and ease of use. So, stay tuned for official announcements to be among the first to take advantage of the updated features.
FAQ
Does Walmart offer a credit card?
Currently, Walmart does not offer active credit card products. However, this doesn’t mean the retailer has quit the credit program for good. A new partnership program is expected to launch in late 2025.
How to apply for a Walmart credit card?
Previously, you could apply online through Walmart’s website or at your nearest Walmart store. At the moment, applications are on hold until new agreements with Synchrony are finalized and new cards with seamless OnePay app integration are released.
Can you use your Walmart credit card anywhere?
Just like the old versions, the upcoming cards are expected to be available in two formats: a private-label card limited to Walmart purchases and a general-purpose Mastercard accepted anywhere Mastercard is recognized.
How to pay the Walmart credit card bill?
You’ll be able to pay your Walmart credit card bill online through a partnering bank or financial institution, by phone using the number on the back of your card, by mail with a check or money order sent to the address on your statement, or in person at any Walmart customer service desk.
