Walmart Canada offered two credit cards:

1. Walmart Rewards Mastercard
2. Walmart Rewards World Mastercard

Walmart Rewards Mastercard

The Walmart Rewards Mastercard is a credit card offered by Walmart Canada, in partnership with Mastercard. Here’s an overview of the key features and benefits of the card:

Rewards:

• The card allows customers to earn Walmart Rewards Dollars on their purchases, which can be redeemed for merchandise at Walmart stores or on Walmart.ca.
• Customers earn 1% in Walmart Rewards Dollars on all purchases made on the card.
• Customers can also earn additional rewards on purchases made at Walmart stores or on Walmart.ca:
  • 1.25% in Walmart Rewards Dollars on purchases made in-store at Walmart (including Walmart Supercentres and Walmart Neighborhood Markets)
  • 3% in Walmart Rewards Dollars on purchases made on Walmart.ca (including grocery pickup and delivery orders)

Other benefits:

• No annual fee
• Cash advances and balance transfers are available at the same interest rate as regular purchases
• Fraud protection and zero liability protection for unauthorized purchases
• Access to exclusive offers and promotions for cardholders

Note that the Walmart Rewards Mastercard is subject to credit approval and applicants must meet certain creditworthiness criteria in order to be approved. Additionally, interest rates and other terms and conditions may apply.

Walmart Rewards World Mastercard

The Walmart Rewards World Mastercard is a credit card offered by Walmart Canada, in partnership with Mastercard. Here’s an overview of the key features and benefits of the card:

Rewards:

• The card allows customers to earn Walmart Rewards Dollars on their purchases, which can be redeemed for merchandise at Walmart stores or on Walmart.ca.
• Customers earn 1.25% in Walmart Rewards Dollars on all purchases made on the card.
• Customers can also earn additional rewards on purchases made at Walmart stores or on Walmart.ca:
  • 1.75% in Walmart Rewards Dollars on purchases made in-store at Walmart (including Walmart Supercentres and Walmart Neighborhood Markets)
  • 3% in Walmart Rewards Dollars on purchases made on Walmart.ca (including grocery pickup and delivery orders)

Other benefits:

• Annual fee of $99
• Complimentary access to Mastercard Airport Experiences provided by LoungeKey
• Purchase protection and extended warranty coverage on eligible purchases made on the card
• Travel accident insurance and rental car collision/loss damage insurance when the card is used to book and pay for travel and rental cars
• Zero liability protection for unauthorized purchases
• Exclusive offers and promotions for cardholders

Potential spending and earnings on a Walmart Mastercard

Here’s an example table showing potential spending and earnings on a Walmart Mastercard for one month:

This table assumes that the customer has a Walmart Rewards Mastercard and is earning 1% in Walmart Rewards Dollars on all purchases, with additional rewards for purchases made at Walmart stores or on Walmart.ca. The rewards earnings are based on the following assumptions:

• Groceries: 1.25% in Walmart Rewards Dollars on in-store purchases at Walmart stores, including Walmart Supercentres and Walmart Neighborhood Markets.
• Gas: 1% in Walmart Rewards Dollars on all purchases made with the card.
• Walmart purchases: 1.25% in Walmart Rewards Dollars on purchases made on Walmart.ca.
• Dining out: 1% in Walmart Rewards Dollars on all purchases made with the card.
• Other purchases: 1% in Walmart Rewards Dollars on all purchases made with the card.

Note that these assumptions are for illustrative purposes only and actual rewards earnings may vary based on individual spending habits and the terms and conditions of the Walmart Mastercard rewards program. Additionally, carrying a balance on the card can result in interest charges that may offset the rewards earnings.

What are the disadvantages of Walmart Mastercard?

As with any credit card, the Walmart Mastercard has some potential disadvantages that customers should be aware of before applying:

1. High-interest rates: The Walmart Mastercard has an interest rate that can be high compared to other credit cards. If you carry a balance on the card, you may end up paying a significant amount of interest charges.
2. Annual fee for Walmart Rewards World Mastercard: While the Walmart Rewards Mastercard does not have an annual fee, the Walmart Rewards World Mastercard has an annual fee of $99. If you don’t spend enough on the card to earn rewards that offset this fee, it may not be worth it.
3. Rewards limitations: While the rewards on the Walmart Mastercard can be attractive, there are limitations to the rewards. For example, the rewards can only be redeemed at Walmart stores or on Walmart.ca, which may not be convenient for everyone. Additionally, the rewards cannot be redeemed for cash or used to pay off the balance on the card.
4. Limited acceptance: As a Mastercard, the Walmart Mastercard is widely accepted at merchants that accept credit cards. However, it may not be accepted at all merchants, especially outside of Canada.
5. Credit score impact: Applying for a credit card can have an impact on your credit score, and carrying a high balance or missing payments can negatively impact your credit score. It’s important to use the card responsibly and make payments on time to avoid negative impacts on your credit score.

What are the advantages of Walmart Mastercard?

There are several advantages to using a Walmart Mastercard, including:

1. Rewards program: The Walmart Mastercard offers rewards in the form of Walmart Rewards Dollars, which can be earned on all purchases made with the card. The rewards can be redeemed for merchandise at Walmart stores or on Walmart.ca, which can provide savings for frequent Walmart shoppers.
2. Additional rewards for Walmart purchases: The Walmart Mastercard offers additional rewards on purchases made at Walmart stores or on Walmart.ca, which can provide even greater savings for frequent Walmart shoppers.
3. No annual fee for Walmart Rewards Mastercard: The Walmart Rewards Mastercard does not have an annual fee, making it a good option for customers who want to earn rewards without paying additional fees.
4. Complimentary airport lounge access for Walmart Rewards World Mastercard: The Walmart Rewards World Mastercard offers complimentary access to Mastercard Airport Experiences provided by LoungeKey, which can provide added value for frequent travelers.
5. Fraud protection and zero liability: The Walmart Mastercard offers fraud protection and zero liability for unauthorized purchases, which can provide peace of mind for customers concerned about credit card fraud.
6. Exclusive offers and promotions: Walmart Mastercard holders may be eligible for exclusive offers and promotions, which can provide additional savings on purchases.

Overall, the Walmart Mastercard can be a good option for frequent Walmart shoppers who want to earn rewards on their purchases and potentially save money on future purchases.

Is the Walmart Rewards Mastercard worth it?

Whether or not the Walmart Rewards Mastercard is worth it depends on your personal spending habits and financial situation. Here are some factors to consider:

1. Frequency of Walmart purchases: If you are a frequent Walmart shopper, the Walmart Rewards Mastercard can be a good way to earn rewards on your purchases and potentially save money on future purchases.
2. Rewards value: The Walmart Rewards Mastercard offers rewards in the form of Walmart Rewards Dollars, which can be redeemed for merchandise at Walmart stores or on Walmart.ca. If you frequently shop at Walmart and can use the rewards, the card can be a good value. However, if you do not shop at Walmart frequently or cannot use the rewards, the card may not be worth it.
3. Interest rates: The Walmart Rewards Mastercard has an interest rate that can be high compared to other credit cards. If you carry a balance on the card, you may end up paying a significant amount of interest charges, which can offset the rewards earned.
4. Annual fee for Walmart Rewards World Mastercard: The Walmart Rewards World Mastercard has an annual fee of $99, which may not be worth it if you do not spend enough on the card to earn rewards that offset this fee.
5. Credit score impact: Applying for a credit card can have an impact on your credit score, and carrying a high balance or missing payments can negatively impact your credit score. It’s important to use the card responsibly and make payments on time to avoid negative impacts on your credit score.

Walmart credit card reviews

Here are some examples of the star ratings Walmart credit cards have received:

Walmart Rewards Mastercard:

• On Ratehub, the Walmart Rewards Mastercard has an average rating of 3.6 out of 5 stars, based on over 700 customer reviews.
• On CreditKarma, the Walmart Rewards Mastercard has an average rating of 3.3 out of 5 stars, based on over 400 customer reviews.

Walmart Rewards World Mastercard:

• On Ratehub, the Walmart Rewards World Mastercard has an average rating of 4 out of 5 stars, based on over 200 customer reviews.
• On CreditKarma, the Walmart Rewards World Mastercard has an average rating of 3.9 out of 5 stars, based on over 100 customer reviews.

Note that these ratings are based on past customer experiences and may not reflect current experiences. It’s important to do your own research and consider your personal financial situation before applying for a credit card.