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Best Credit Cards for Walmart

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It’s only a slight exaggeration to say Walmart is everywhere, considering the retail corporation operates about 11,500 stores under 56 banners in 27 countries. Whether you need food, medication or virtually anything else, chances are you can find it at Walmart. And with the right credit card, you can earn cash back on your Walmart shopping.

Through a review of cards available on LendingTree, as well as from top issuers, we’ve chosen six credit cards that can help you earn anywhere from 2% to 5% back at Walmart.

Walmart co-branded credit cards

Walmart offers two cashback credit cards issued by Capital One. The first is a Mastercard and can be used anywhere Mastercard is accepted, while the second is a store card that can only be used at Walmart and Sam’s Club locations. Here’s what each Walmart card offers:

Capital One® Walmart Rewards® Card

Why we like this card: Earn 5% Cash Back At Walmart.com, including pickup and delivery. 2% Cash Back In Walmart stores, at restaurants and on travel. 1% Cash Back Everywhere else Mastercard® is accepted. Getting 5% back is an excellent rate, and there’s no cap on how much cash back you can earn. Rewards don’t expire while your account is open.

There’s also a sign-up bonus: Earn 5% cash back in Walmart stores for the first 12 months after approval when you use your Capital One® Walmart Rewards® Card with Walmart Pay – the quick and touch-free way to pay with your phone at Walmart. As long as you have Walmart Pay, this is a great deal.

Plus, there’s a limited-time early spend bonus: Earn a $50 bonus after spending $300 on your holiday spending anywhere the card is accepted in the first three months after approval. The early spend bonus is available to new applicants who apply in Walmart stores beginning Nov. 1 through Dec. 26, 2020, and those who apply online from Nov. 17 through Dec. 1, 2020, making it timely for holiday shopping

Cash back can be redeemed as checks, statement credits, gift cards, to cover purchases at walmart.com, for previous purchases or toward travel including flights, hotels and more.

What to watch out for: After the first year, you’ll earn just 2% back on purchases in physical stores. If possible, shop instead on walmart.com and in the Walmart app for the higher rate.

More card details:

  • Annual fee: None
  • Foreign transaction fee: N/A
  • Regular purchase APR: 17.99% - 26.99% variable

Walmart Rewards Card

Why we like this card: Earn 5% back on delivery or pickup purchases made through Walmart.com or the Walmart mobile app, 2% back on purchases made at Walmart stores in the United States and Puerto Rico, and at Walmart and Murphy USA gas stations, 2% back on the purchase of gift cards at Walmart (online, app, Walmart Pay or in stores) and 1% back on in-store purchases at Sam's Club and Sam's Club gas stations

This card is very similar to the Capital One® Walmart Rewards® Card, except that you can only use it in the Walmart ecosystem.

The Walmart Rewards Card offers a sign-up bonus, too: Additional 3% back when you use Walmart Pay for purchases made at Walmart stores for the first 12 months from account opening, for a total of 5%.

Redemption options include checks, statement credits, gift cards and covering walmart.com purchases.

What to watch out for: Like the co-branded Walmart card, this one will earn just 2% back on purchases in physical stores after the first year. Shop instead on walmart.com and the app.

Also, this card has one very high APR rather than an APR range based on your creditworthiness. If you pay off your card in full to avoid incurring interest, it shouldn’t be a problem — but cardholders who roll over a balance may face expensive interest charges.

More card details:

  • Annual fee: None
  • Foreign transaction fee: N/A
  • Regular purchase APR: 26.99% Variable

Rotating cashback credit cards

The Chase Freedom Flex℠ and the Discover it® Cash Back are two popular cashback cards with rotating categories that must be activated each quarter. Both cards have at some point offered Walmart purchases as a cashback category. Here’s what the two cards have to offer:

Chase Freedom Flex℠

Why we like this card: You’d be hard-pressed to find a no-annual-fee card with more varied and generous rewards than the Chase Freedom Flex℠.

Earn 5% cash back on eligible purchases in rotating categories, 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases. Note that there’s a $1,500 spending cap on the rotating category each quarter, after which your rate drops down to 1% until a new quarter starts.

There’s also a generous sign-up bonus: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.

You can redeem cash back for statement credits, direct deposits into a bank account, shopping with points at Amazon and travel bookings through the Chase Ultimate Rewards® portal.

What to watch out for: Be ready to activate a new category each quarter, or you’ll earn just 1%.

More card details:

  • Annual fee: $0
  • Foreign transaction fee: 3% of each transaction in U.S. dollars
  • 0% Intro APR on Purchases for 15 months. After, a 14.99% - 23.74% Variable APR applies

Discover it® Cash Back

Why we like this card: Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically. . Note that there’s a $1,500 spending cap, after which your cashback rate drops to 1% until next quarter.

This card offers a sign-up bonus for new cardmembers: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 to $300..

Cash back can be redeemed as statement credits, deposits into a bank account, gift cards, paying with rewards on Amazon and PayPal, and charitable donations.

What to watch out for: During the Q4 2020 cashback category, Discover offered its higher rate on walmart.com purchases and purchases made in the Walmart app — including grocery pickup and in-store pickup. However, regular shopping in physical Walmart stores did not qualify.

Also, make sure you activate this card’s new category each quarter, or you’ll earn just 1% back.

More card details:

  • Annual fee: $0
  • Foreign transaction fee: None
  • An introductory APR of 0% for 14 months on purchases, then a regular APR of 11.99% - 22.99% Variable will apply

Flat-rate cashback credit cards

Walmart shoppers who prefer not to spend time optimizing rewards and activating categories may prefer a card that earns a flat rate on every purchase:

Citi® Double Cash Card – 18 month BT offer

Why we like this card: Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. Cash back can be redeemed as statement credits, direct deposits, checks, or converted to Citi ThankYou® Points.

What to watch out for: You’ll get half your cash back when you make a purchase and the other half when you pay it down. However, as long as you make at least the minimum payment each month, you can earn the second half.

More card details:

  • Annual fee: $0
  • Foreign transaction fee: 3%
  • An intro APR of 0% for 18 months on Balance Transfers (with a 3% of each balance transfer; $5 minimum. fee). Once the intro period ends, the APR goes to 13.99% – 23.99% (Variable).

PayPal Cashback Mastercard®

Why we like this card: If you want a flat-rate card that earns 2% back upfront, the PayPal Cashback Mastercard® is a solid option. You can redeem cash back into your PayPal account.

What to watch out for: You must have a PayPal account to get this credit card.

More card details:

  • Annual fee: $0
  • Foreign transaction fee: 3%
  • Regular purchase APR: 16.99%-27.99% Variable