Walmart’s New Credit Card: Better Incentives For Smart Shoppers

The retail giant, Walmart whos run the successful walmart to walmart money transfer service have partnered with Capital One, recently launched an upgraded Walmart rewards credit card which caters to the changing shopping preferences of their customers.

Can it match the perks and incentives that Apple, Target, and Amazon, offer?

Here’s an overview of how much value you’ll get every time you use it.

5 Best Features Of Walmart’s Credit Card:

• 5% cashback on purchases on online purchases (Walmart.com and Walmart App)
• 5% cashback on in-store purchases for the first year after signup, then 2% cashback on succeeding in-store purchases
• 1% cashback on all purchases made outside Walmart
• 2% cashback on travel and restaurant payments
• No annual fee

walmart credit card

To keep up with the competition, Walmart opted to improve their credit rewards card benefits instead of sign up bonuses or promotional APR.

By offering a 5% back rate on their online purchases, they leveled the playing field with Amazon and Target whose Rewards Cards provide the same cashback rate.

To entice credit cardholders to shop in Walmart, they are offering a 5% cash back on all in-store purchases paid with Walmart Pay digital wallet within the first 12 months after signup.

If you are a Goldman Sachs Apple Card holder, you must be familiar with this kind of incentive. When Apple launched the card recently, they offered 2% cashback on all purchases paid through Apple Pay.

With this upgraded version, Walmart removed the 2% cash back incentive on fuel purchases and replaced it with 2% cash back on dining and travel payments.

How soon can you use your Capital One Walmart Rewards Mastercard?

Gone are the days when you must wait for the credit card to arrive at your doorstep. Your credit line opens immediately after your application gets approved. You can start purchasing through your Walmart Pay digital wallet.
Walmart has upgraded its incentives to convince more customers to shop, using their digital wallets. I must say, it’s a smart move.

With digital transformation changing the retail landscape and shoppers’ behavior, Walmart’s new strategies will pay off. They will be able to woo more customers to shop in their stores or online because smart shoppers will never say no to big rewards.

Should you sign up for a Capital One Walmart Mastercard?

If you are a frequent Walmart shopper (in-store or online), I’d say go for it. You will save a lot on your purchases with their generous offers.

Their incentives are on par with Apple, Target, and Amazon. It will all depend on where you prefer to shop.

etition, Walmart opted to improve their credit rewards card benefits instead of sign up bonuses or promotional APR. By offering a 5% back rate on their online purchases, they leveled the playing field with Amazon and Target whose Rewards Cards provide the same cashback rate.

To entice credit cardholders to shop in Walmart, they are offering a 5% cash back on all in-store purchases paid with Walmart Pay digital wallet within the first 12 months after signup.

If you are a Goldman Sachs Apple Card holder, you must be familiar with this kind of incentive. When Apple launched the card recently, they offered 2% cashback on all purchases paid through Apple Pay.

With this upgraded version, Walmart removed the 2% cash back incentive on fuel purchases and replaced it with 2% cash back on dining and travel payments.

How soon can you use your Capital One Walmart Rewards Mastercard?

Gone are the days when you must wait for the credit card to arrive at your doorstep. Your credit line opens immediately after your application gets approved. You can start purchasing through your Walmart Pay digital wallet.

Walmart has upgraded its incentives to convince more customers to shop, using their digital wallets. I must say, it’s a smart move.

With digital transformation changing the retail landscape and shoppers’ behavior, Walmart’s new strategies will pay off. They will be able to woo more customers to shop in their stores or online because smart shoppers will never say no to big rewards.

Should you sign up for a Capital One Walmart Mastercard?

If you are a frequent Walmart shopper (in-store or online), I’d say go for it. You will save a lot on your purchases with their generous offers.

Their incentives are on par with Apple, Target, and Amazon. It will all depend on where you prefer to shop.