capital one credit card for walmart

Capital One Walmart Rewards Card is a credit card issued by a bank institution, namely Bank of America. The rewards Mastercard comes with a number of perks, including 5 percent back on purchases from Walmart's website and on in-store purchases when. Rates, fees & offers · Annual fee. $0 · Rewards rate. 1%-5% · Bonus offer. Earn 5% back on purchases in Walmart stores when you use this card in Walmart Pay for.

Capital one credit card for walmart -

Capital One® Walmart Rewards™ Card – Review

The Capital One® Walmart Rewards™ Card, also known as the Capital One Walmart Rewards Mastercard, is a cash-back credit card with no annual fee.

It’s designed for regular Walmart shoppers, especially those who frequent Walmart.com. It’s also backed by one of the most popular credit card issuers around (Capital One).

Purchases at Walmart.com and the Walmart app, including groceries and sales marked for in-store pickup, earn unlimited 5% cash back.

You earn unlimited 2% back for purchases made inside Walmart stores, at eligible restaurants and travel merchants, and at Walmart and Murphy USA gas stations — making this a solid contender for one of the best gas credit cards as well.

All other purchases, including purchases at Sam’s Club locations and SamsClub.com, earn unlimited 1% cash back.

Beyond the rewards program, this card’s benefits are nothing to write home about, and the interest rates are on the high side. But the underwriting requirements are relatively loose, so this is an ideal first credit card for Walmart enthusiasts looking to build their credit or improve their credit.

With no annual fee and a rewards program that’s quite generous for Walmart and Murphy USA shoppers, the Walmart Rewards Card is worth keeping in your wallet.

Here’s how to get the most out of this card.

Key Features

These are the most important features and perks of this popular retailer credit card.

Sign-Up Bonus

Earn an extra 3% back (bonus cash) when you use Walmart Pay for purchases made at Walmart stores for the first 12 months from account opening. That means a total of 5% cash back on in-store Walmart purchases during the first 12 months.

Earning & Redeeming Cash-Back Rewards

The Walmart Rewards Card has a three-tiered cash-back program:

  • Online purchases made at Walmart.com and through the Walmart app earn unlimited 5% cash back (rewards rate). That includes grocery pickup purchases and other purchases marked for in-store pickup at any Walmart store. This rate applies to home delivery purchases as well.
  • Purchases made in select bonus categories earn 2% cash back. That includes purchases at Walmart and Murphy USA gas stations, inside Walmart stores, and with eligible restaurant and travel merchants all fall under this tier.
  • All other purchases, including those made at Sam’s Club locations, earn unlimited 1% cash back.

You automatically receive cash back at the end of the billing cycle. Cash back does not expire as long as your account remains open and in good standing.

Make the most of your cash back by redeeming it for statement credits against eligible purchases made during the prior 90-day period.

Possibility of Promotional Interest-Free Period

The Walmart Rewards Card doesn’t advertise a regular introductory interest-free, low-APR, or balance transfer promotion. However, its terms do mention special promotional periods that can eliminate interest charges for as long as 24 months at a stretch.

The interest-free period may apply to specific purchases or any purchases made while the promotion is active, depending on the terms of the promotion and Walmart’s discretion. It doesn’t necessarily apply only at sign-up, making it more versatile than standard introductory interest-free promotions.

Important Fees

This card has no annual fee or foreign transaction fee.

Credit Required

This card requires an average or better credit score.

Serious blemishes in your credit history, such as recent personal bankruptcies, are likely to disqualify your application; minor issues may not. This makes the Capital One Walmart Rewards Card an ideal credit card for consumers in the process of mending their credit. It’s also appropriate for people with good credit or better.

Advantages

These are the most important advantages of the Capital One Walmart Rewards Mastercard.

  1. No Annual Fee. The Walmart Rewards Card doesn’t charge an annual fee. This is great news for shoppers who want to keep this card in their wallets without paying for the privilege.
  2. 5% Cash Back at Walmart.com. Frequent Walmart.com shoppers will love this card’s unlimited 5% cash back on the retail giant’s website. The same rate applies to grocery purchases and purchases marked for in-store pickup, so it’s perfect for bulky or heavy items for which shipping is costly or impractical.
  3. Potential for a Long Introductory APR Period. Although it doesn’t have a regular interest-free or low APR introductory promotion, this card does have periodic promotions that eliminate interest across the board or on specific purchases for as long as 24 months at a time. That’s great news for cardholders planning big-ticket purchases that they can’t afford to pay off right away.
  4. Loose Underwriting Requirements. This card is available to applicants with average or better credit. Although your approval is never guaranteed, you stand a better chance of making it through the application process with this card than with better-known cash-back cards that require excellent credit.
  5. Bonus Cash Back on Restaurant and Travel Purchases. This card earns 2% cash back on restaurant and travel purchases, making it a solid companion for diners and travelers without more generous travel rewards credit cards in their wallets.
  6. No Penalty APR. The Walmart Rewards Card doesn’t charge penalty interest on past-due payments. If you occasionally miss your statement due date due to irregular cash flow or unexpected expenses, you don’t have to worry about getting locked into a sky-high rate indefinitely.

Disadvantages

Consider these drawbacks before applying for a Capital One Walmart Rewards Mastercard.

  1. Only 90 Days to Redeem Cash Back for Account Credits. When redeeming cash back for account credits, you’re only allowed to offset purchases going back 90 days. If you haven’t used your card for longer than that, you’ll need to make a purchase just to redeem your cash back.
  2. No Bonus Cash Back on Purchases Made at Sam’s Club Stores. This card earns just 1% cash back on purchases made at physical Sam’s Club stores. If you prefer to shop in person at the country’s second most popular warehouse store, you won’t get any more out of this card than any other standard-issue cash-back credit card — and possibly less. Several higher-earning cards such as the Capital One Quicksilver Cash Rewards Credit Card offer unlimited 1.5% cash back on all eligible purchases.

Final Word

The Capital One® Walmart Rewards™ Cardis a great entry-level cash back credit card for regular Walmart shoppers and drivers who encounter Walmart and Murphy USA stations in their daily travels.

Despite its relatively loose underwriting standards, the Walmart Rewards Card isn’t for everyone. If you don’t qualify for this card, look instead to the Walmart Credit Card, a store credit card with a similar rewards scheme.

The Walmart Credit Card isn’t backed by Mastercard or any other credit card payment network, so you can’t use it at merchants other than Walmart, but it’s nevertheless a great rewards-bearing vehicle for folks looking to build credit.

And, considering you can buy pretty much anything at Walmart or Walmart.com, it’s versatile enough.

Источник: https://www.moneycrashers.com/capital-one-walmart-rewards-card-review/

The Capital One Walmart Rewards Card is a credit card that caters to consumers who do most of their shopping on Walmart.com.

It is one of a handful of rewards credit cards that are partnered with major retailers in an effort to keep customers loyal to one brand in a competitive space. Walmart’s offering is in direct competition with similar cards issued by competitors Amazon and Target.

If you are a consumer who doesn’t have an existing loyalty to one of these brands, choosing between these cards can be a little bit confusing. Team Clark is trying to make that decision easier by breaking down the specifics of the Capital One Walmart Rewards Card.

In this review, we’ll look at the specs and perks of the card, the different tiers of rewards points and how you can redeem those points. We’ll also look at the offerings from Target and Amazon to see how Walmart’s card stacks up.

Table of Contents

What Is the Capital One Walmart Rewards Card?

The Capital One Walmart Rewards Card is a Mastercard rewards credit card offering from Capital One. The benefits of this card stem largely from purchases made through retail giant Walmart, with the best perks coming through purchases made on Walmart.com.

With as much as 5% of the purchase price available back to Walmart.com shoppers in the way of rewards that can be redeemed for statement credits, gift cards and travel, the retail giant is competing with Amazon’s Rewards Visa Signature Card and Target’s RedCard to make sure it keeps customers happy.

Capital One Walmart Rewards Card Specs and Perks

Cardholder Benefits

  • $0 Fraud Liability: If the card is ever lost or stolen, cardholders are covered by a $0 fraud liability program. That means you would not be responsible for the costs of unauthorized purchases made with the card.
  • No Annual Fee: This is a solid perk for a card that offers the ability to get money back on purchases. There is no mathematical equation to run to determine if the rewards are actually worth a fee you’re being charged, so that’s nice.
  • No Foreign Transaction Fees: Take this card outside the United States without worry of getting dinged on purchases.
  • Extended Warranty: Qualified purchases made at Walmart with this card will earn you an extended warranty at no charge.
  • Travel Accident Insurance and 24-hour Travel Assistance Services: If your card is lost while traveling, you have a point of contact who can provide an emergency replacement card and potentially a cash advance, if needed.
  • Card Lock: Lock and unlock your card in real time using the app. This can help mitigate potential headaches if the card is lost or stolen.

Cardholder Fees

There is no annual fee for using the card, but there are some associated rates and fees beyond the annual percentage rate on purchases.

  • Transfer rate and fees: Just as there is no introductory 0% rate on purchases, there also is no introductory rate on balance transfers. If you move a balance over from a different card, it will be subject to a certain APR. Capital One does indicate that promotional transfer rates may be offered, but those will be charged 3% of the amount of each transferred balance that posts to your account. There is no transfer charge on balances that are moved over at the normal transfer rate.
  • Cash advances: You may get a cash advance from this credit card, but it will ding you at a top interest rate. They also charge you either $10 or 3% of the amount of each cash advance, whichever is greater, for the convenience.
  • Late fees: Up to $39 in late fees may be charged if payments are not made on time.

Rewards Breakdown for Capital One Walmart Rewards Card

Walmart has three rewards tiers for purchases made with this card, spanning from 1% for standard purchases all the way to 5% for purchases made on Walmart.com. It is clear that Walmart is looking to push consumers toward out-of-store purchase decisions with these rewards tiers.

You’ll notice that things like making purchases online, ordering deliveries or selecting curbside pickup for your groceries while shopping on the app are going to be rewarded more than your typical in-store purchase at Walmart.

5% Reward

As I mentioned, the 5% reward bracket is mostly reserved for making purchases with Walmart without actually stepping inside a store to do it. Here are the purchase types that will earn you 5% rewards:

  • Walmart.com
  • Walmart app
  • Grocery pickup orders at Walmart
  • Grocery delivery orders from Walmart

Introductory perk: Cardholders also qualify for 5% rewards on purchases made in-store via Walmart Pay (the company’s phone wallet option) for the first 12 months. After that introductory period, this type of transaction falls back into the 2% category.

2% Reward

There still is some value to be had for more traditional Walmart purchases with this card. Using the card for in-store transactions and Walmart gas purchases will net 2% in rewards. Dining and travel purchases receive the 2% reward perk, as well.

  • Walmart in-store purchases
  • Walmart gas purchases
  • Murphy USA gas purchases
  • Restaurants
  • Travel

1% Reward

If you are making a purchase that does not fall into one of the categories above, it will fall into the 1% rewards category.

Ways to Redeem Rewards

The rewards for this card are distributed by way of a points system. You receive points based on the rewards level of your purchase. Points can be redeemed for things like statement credits and gift cards.

For example, spending $50 at Walmart.com would qualify you for 250 rewards points based on the 5% rewards level. That point total would then have a cash-out value of $2.50, which is 5% of the total money spent on the original $50 purchase. Walmart has a handy tool for measuring how many points you can earn with purchases here.

When you’re ready, your points balance can be cashed out in a handful of ways:

  • Statement Credits: You can apply the points directly to your bill in the form of a statement credit.
  • CoveraPurchaseMadeWithCard: These points can be redeemed while making a purchase on Walmart.com.
  • Gift Cards: The cash value of the rewards points can be redeemed on a gift card from Walmart or other retailers.
  • Travel: The rewards points can be cashed in on travel deals and packages through Capital One.

Rewards points earned on this card do not expire, but unused points are forfeited if the account is closed.

Capital One Walmart Rewards Card vs. Amazon and Target Cards

If you’re looking into a rewards card for one of the nation’s top retailers, you may first want to compare it to the options available from some of its competitors. Amazon and Target are two of Walmart’s top retail rivals, and both offer rewards credit cards of their own.

Let’s take a quick look at each so you can compare them to the Capital One Walmart Rewards Card.

Amazon Rewards Visa Signature Card

The Amazon Rewards Visa Signature Card has reward tiers that are similar to Walmart’s offering. If you’re a Prime member, you can get 5% back on Amazon and Whole Foods purchases (otherwise it is 3%). Restaurants, gas stations and drug stores qualify for 2% rewards. Here’s a look at some perks from Amazon’s card:

  • 3% Rewards on purchases at Amazon.com and Whole Foods
  • Ability to boost rewards to 5% with an Amazon Prime Membership
  • Receive $60 Amazon gift card upon credit card application approval
  • No annual fees or foreign transaction fees

You can read Team Clark’s full review of the Amazon Rewards card here.

Target RedCard

The Target RedCard gives users 5% rewards on all purchases from Target, both in-store and online. There’s no limitation to that. Here’s a quick look at some of the perks of this card:

  • Unlimited 5% rewards in-store at Target and online at Target.com
  • Free two-day shipping on items from Target.com
  • Additional 30 days on return policy for items purchased with RedCard

It is worth noting that Walmart.com already offers free two-day shipping on many of its products, so the RedCard perk may actually just be catching them up to Walmart in that regard. You can read Team Clark’s full review of the RedCard here.

If you’re into bulk purchasing, money expert Clark Howard is a big fan of Costco and Sam’s Club. He personally carries each of their rewards credit cards in his wallet. Here’s a quick breakdown of why he chose those cards, as well as two others:

Final Thoughts

Are you considering adding the Capital One Walmart Rewards Card to your credit card portfolio? Let’s review some of the pros and cons of the card before you make your final decision:

Capital One Walmart Rewards Card: Pros and Cons

ProsCons
5% rewards on Walmart.comNo introductory APR
No annual feePotentially high interest rates
2% rewards on gas and travelLimited in-store perks

Bottom Line: Like most rewards credit cards, whether you might want this one likely comes down to where you spend your money. If you’re an online shopper who uses Walmart.com often, the 5% rewards are very attractive. However, it may not be the optimal card if you do most of your shopping at a local store or via Amazon. I’d do some analysis on how many purchases you plan to make that fall in this card’s 5% and 2% rewards categories before deciding if it is the right fit for you.

Do you have experience with the Capital One Walmart Rewards Card? Let us know how you like it in the comments below!

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Источник: https://clark.com/credit-cards/capital-one-walmart-rewards-card/

Capital One Walmart Rewards® Mastercard® review: Best no annual fee grocery rewards card

Snapshot

Bankrate rating
      Capital One Image

      Capital One Walmart Rewards® Mastercard®

      Rewards rate

      1%–5%

      Intro bonus

      5%

      Regular APR

      17.99% - 26.99% (Variable)

      Recommended Credit Score

      Fair to Good  (580 - 740)

      Capital One Walmart Rewards® Mastercard® Card Overview

      In today’s world, many Americans rely on online shopping and curbside pickup for the majority of their shopping. The Capital One Walmart Rewards® Mastercard® offers rewards for all your shopping at the megastore, both online and in person. If Walmart runs are a regular part of your life, this card could earn you big cash back rewards in the first year and beyond.

      Boasting no annual fee, a generous rewards rate—especially for grocery pickup and delivery—and great redemption flexibility, the Walmart credit card stands out as a top retail rewards card and one of the best credit cards for groceries on the market.

      Want more details? Jump to the following sections:

      What are the advantages and disadvantages?

      Pros

      • No annual fee
      • Multiple ways to redeem your rewards
      • Great rewards rate for Walmart.com purchases, grocery pickup and delivery
      • Card available to use instantly upon approval in Walmart app
      • No penalty APR

      Cons

      • Must use Walmart Pay to get 5 percent back in-store in your first year
      • Relatively high APR
      • Limited perks
      • Ongoing rewards rate for in-store Walmart purchases is just 2 percent back
      • Soft pull preapproval not currently available for the Walmart card

      A deeper look into the current card offer

      Quick highlights

      • Rewards rate: 5% cash back at Walmart.com, including pickup & delivery; 2% cash back in Walmart stores & fuel stations, at restaurants and on travel; 1% cash back everywhere else Mastercard is accepted
      • Welcome offer: Earn 5% cash back in Walmart stores for the first 12 months when you use your Capital One Walmart Rewards Card with Walmart Pay.
      • Annual fee: $0
      • Regular APR: 17.99% – 26.99% (variable)

      Current sign-up bonus

      In lieu of a flat cash bonus, the Walmart Rewards Card currently offers an elevated cash back rate in your first year: You can earn 5 percent cash back in Walmart stores for the first 12 months when you use your card with Walmart Pay. That’s 3 percent higher than the regular rewards rate you’d get when shopping in-store at Walmart.

      However, to get access to the extra cash back, you’ll need to sign up for Walmart’s digital wallet and use it exclusively at checkout. If you were to use the card at Walmart without the Walmart Pay app, you’d only earn 2 percent back.

      If you do the majority of your shopping at Walmart across categories including groceries, clothes and car maintenance, you could earn a significant amount of cash back in the first year. Based on average household spending estimates from the U.S. Bureau of Labor Statistics, using the Walmart Rewards Card with Walmart Pay for these purchases in your first year could earn you close to $400 in cash back.

      Cash back

      Although the Capital One Walmart Rewards Card offers its highest cash back rate on spending at Walmart.com, cardholders can get rewards everywhere they spend. You’ll earn at least 1 percent cash back on every purchase, even those made outside of Walmart, with rewards that can be used to effectively write off future purchases.

      Earning cash back

      Using the Capital One Walmart Rewards Card for all your spending will help you earn a bank of cash back rewards for future use. Cardholders earn 5 percent cash back at Walmart.com, including orders for at-store pickup or local delivery.

      This means you can also earn 5 percent back on your grocery spending if you shop with Walmart online, a rate rivaling that of top U.S. supermarket rewards cards like the Blue Cash Preferred® Card from American Express. This is especially useful since Walmart typically doesn’t count as a grocery store according to most credit card merchant category codes.

      On purchases made at Walmart stores, you’ll earn an ongoing regular rewards rate of 2 percent cash back, whether or not you use Walmart Pay.

      You’ll also earn 2 percent cash back on purchases at restaurants and on travel, including purchases at Walmart and Murphy USA gas stations. Everywhere else Mastercard credit cards are accepted, including at Sam’s Club stores and gas stations, you’ll earn 1 percent cash back.

      Redeeming cash back

      Given the restrictions you’ll find on most store credit cards, the redemption options available with the Walmart Rewards card are quite flexible.

      There are multiple ways to redeem your cash back, but the most common way to use Walmart cash back rewards is to cover purchases made with the card via a statement credit. While rewards can only be applied to purchases made in the last 90 days, partial redemptions are an option. After selecting the purchase and the amount of cash back you want to redeem, the charges will disappear in two to three business days.

      You can also request a check for your cash back balance or redeem for gift cards at Walmart or other retailers. Rewards can also be used for travel reservations, including flights. The number of points will vary based on the requested trip, and reservations must be booked 72 hours in advance.

      How much are points worth?

      Whether you use your rewards for cash back, a check, gift cards or travel, points are worth one cent apiece. When covering purchases and requesting a check, you can choose how many points you want to redeem for cash back. For gift cards and travel rewards, you must have enough points to cover the full redemption cost.

      Benefits

      Though the Capital One Walmart Rewards Card is a fairly simple cash back credit card, it offers a handful of useful perks. Along with instant issuance via the Walmart app, the card features a fair number of security benefits standard to Capital One credit cards, like fraud alerts and zero liability on fraudulent charges.

      Instant use

      Once you’re approved for the Walmart credit card, you get an instant card number via the Walmart app that can be used immediately.

      No penalty APR

      A late payment won’t cause your interest rate to go up with the Walmart credit card. According to the terms and conditions, your purchase APR will only change if the market conditions change.

      Security alerts on fraudulent activity

      If Capital One detects any strange purchases on your card, you’ll get alerted immediately. This extra security helps you stop fraud as it happens rather than finding out much later when you review your credit card statement.

      Zero fraud liability

      In the event your card is stolen, you won’t be forced to pay for any fraudulent charges made to your account. With $0 fraud liability, cardholders can rest assured that they are protected every time they use their card.

      Card lock for missing or stolen cards

      Should your card get lost or stolen, you won’t need to call Capital One for help. Through their smartphone app, you can lock missing cards immediately, and even request a new one.

      Rates and Fees

      Even though the Capital One Walmart Rewards Card is designed for consumers with good credit or excellent credit (a FICO credit score of 670 or higher), it comes with a rather high interest rate. Account holders will be charged an interest rate of 17.99 percent to 26.99 percent on new purchases and balance transfers, based on creditworthiness. Even the low end of this range is higher than the current average credit card interest rate.

      For balance transfers fee: $0 at the transfer APR . However, if you decide to make a balance transfer during a promotional offer (none currently available), you may be charged a fee of 3 percent of the balance transfer. All cash advances are charged an APR of 26.99 percent, along with a fee of 3 percent of the advance or $10, whichever is greatest.

      Although your interest rate won’t go up if you make a late payment on the Capital One Walmart Rewards Card, you will be charged a late fee. The penalty for missing the due date is up to $39.

      On the plus side, the card charges no annual fee and no foreign transaction fee, so as long as you pay off your balance on time and in full each month, it should cost you nothing to hold this card.

      How the Capital One Walmart Rewards Card compares to other cash back cards

      Compared to other cash back credit cards, the Capital One Walmart Rewards Card is the clear winner when it comes to purchases at Walmart. Outside of Walmart.com and Walmart stores, other cards may offer better rewards depending on your spending habits.

      For example: The Chase Freedom Flex℠ card offers bigger rewards on dining purchases (3 percent cash back on dining at restaurants, including takeout and eligible delivery services versus 2 percent with the Capital One Walmart Rewards Card) and 5 percent cash back on travel purchased through Chase Ultimate Rewards. In addition, the card offers 5 percent cash back on up to $1,500 in combined purchases in rotating bonus categories each quarter (upon activation, then 1 percent), without requiring you to use a digital wallet. On top of that, the Chase cash back calendar frequently features Walmart in its 5 percent bonus categories, as it did in Q4 of 2020.

      The Discover it® Cash Back is another rotating category cash back card worth considering. Discover’s 2021 cash back calendar lists Walmart.com purchases as eligible for 5 percent cash back in Q4 of 2021 (upon activation, on up to $1,500 in spending per quarter, then 1 percent).

      That said, the Capital One Walmart Rewards Card could offer more cash back overall if you maximize its rewards categories. After all, the Walmart card offers 5 percent cash back year-round on all Walmart.com purchases.

      Capital One Walmart Rewards Mastercard$05 percent cash back at Walmart.com, including pickup and delivery

      2 percent back at Walmart stores, restaurants and on travel

      1 percent back on all other purchases

      Earn 5 percent cash back in Walmart stores for the first 12 months after approval when you use your card with Walmart Pay17.99% – 26.99% (variable)

       

      Chase Freedom Flex℠$05% cash back on activated bonus category purchases each quarter (up to $1,500, then 1%) and on Chase Ultimate Rewards travel purchases

      5% on Lyft rides (through March 2022)

      3% on dining and drugstore purchases

      1% on all other purchases

      $200 cash bonus when you spend $500 within three months of account opening14.99% to 24.74% (variable)

       

      Discover it® Cash Back$05 percent cash back in rotating categories each quarter (on up to $1,500 in spending per quarter when you activate, then 1 percent)

      1 percent cash back everywhere else

      Discover will automatically match all the cash back you’ve earned at the end of your first year11.99% – 22.99% (variable)

       

      Best cards to pair the Capital One Walmart Rewards Card with

      If you value cash back above all other rewards, it makes sense to pair the Capital One Walmart Rewards Card with a flat-rate cash back card or another cash back card that offers rewards in different bonus categories.

      The Chase Freedom Flex also comes with no annual fee while offering rewards for spending in a wide variety of categories throughout the year. To cover general purchases that don’t fall into the Walmart card’s bonus categories, the Citi® Double Cash Card is a great option thanks to its flat cash back rate of up to 2 percent back on every purchase you make (1 percent when you buy, 1 percent when you pay off your purchase).

      Bankrate’s Take—Is the Capital One Walmart Rewards Card worth it?

      For many, Walmart is more than a retailer—it’s the primary hub for groceries, home goods, auto care and more. There are over 5,300 Walmart stores in the U.S., which makes this card offer very appealing. With unlimited 5 percent cash back on purchases at Walmart.com, which includes grocery pickup and delivery, there’s a lot of upside for those who do all their shopping at the superstore.

      For those who are not near a Walmart or prefer to do their shopping at a variety of stores, however, it may not make sense to get this card. Instead, consider adding a card to your wallet that offers rewards in broader categories that match your spending habits.

      The information about the Capital One Walmart Rewards® Mastercard® has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.

      Compare the best cash back credit cards

      Источник: https://www.bankrate.com/finance/credit-cards/reviews/walmart-rewards-card/

      Capital One set to launch Walmart credit cards next week

      Capital One Financial and Walmart are set to launch two new credit cards that will offer consumers 2% to 5% back on Walmart purchases.

      The companies unveiled the products on Tuesday, more than a year after they struck a deal that made Capital One the exclusive issuer of new Walmart credit cards. The cards will be available to consumers starting Sept. 24.

      One card will allow customers to make purchases wherever Mastercard is accepted, offering 2% back on restaurants and travel and 1% back everywhere else, according to a joint press release from Capital One and Walmart. This product will initially charge users annual percentage rates of 17.99% to 26.99% on purchases.

      The other card will only allow customers to make Walmart purchases. It will charge initially APRs of 26.99%.

      Neither card will carry an annual fee. Both will offer 5% back on Walmart.com purchases and 2% to 5% back on in-store Walmart purchases, depending on whether an introductory offer applies.

      Cardholders will be able to redeem the rewards for travel, gift cards, Walmart purchases and statement credits.

      The new cards offer more enticing rewards than earlier Walmart credit cards from Synchrony Financial, which featured 3% back on Walmart.com purchases and 1% back on in-store Walmart purchases.

      But the value proposition on the new cards weakens after the first 12 months, since users will no longer be eligible for 5% back on in-store Walmart transactions.

      The July 2018 agreement between Walmart and Capital One marked the end of the retailer’s 19-year card partnership with Synchrony, dating back to before the Stamford, Conn.-based company’s spinoff from General Electric.

      A Synchrony executive said over the summer that he expects the sale of Synchrony’s portfolio of Walmart loans to Capital One to be completed in October. With the sale looming, analysts have been seeking to estimate the financial impact of the addition of the Synchrony loans on Capital One’s balance sheet.

      Bill Carcache, an analyst at Nomura Instinet, wrote in a research note published Wednesday that he expects Walmart to absorb 88% of the losses on that $8 billion portfolio, with Capital One shouldering the remaining 12%. He estimated a net charge-off rate of 10% to 11% on the loans.

      Last year, Walmart alleged in a lawsuit that Synchrony underwrote the portfolio in a way that exposed the program to significant credit risk. Synchrony responded that the performance of the portfolio was driven by factors such as the credit distribution of applicants and Walmart’s failure to promote the credit card program. Walmart later agreed to dismiss the lawsuit.

      Capital One and Walmart said Tuesday that current cardholders will be converted to the new cards starting Oct. 11, and that updated cards will arrive in the mail starting in November.

      Источник: https://www.americanbanker.com/news/capital-one-set-to-launch-walmart-credit-cards-next-week

      Capital One Walmart Rewards® Mastercard®

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      CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.

      EDITORIAL DISCLOSURE All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank's website for the most current information.

      CreditCards.com credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

      Источник: https://www.creditcards.com/credit-cards/capital-one-walmart-rewards-mastercard/

      : Capital one credit card for walmart

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      capital one credit card for walmart

      Walmart unveils new rewards credit card, but some experts say proceed with caution

      The card comes with an introductory offer of 5% back on purchases made at the big-box store using Walmart Pay, the retailer’s mobile pay app, for the first 12 months after approval. Like other Capital One cards COF, it comes with no foreign transaction fees. It also has no annual fees, but does carry a variable annual percentage rate, which is currently between 17.99% and 26.99% depending on the person’s credit.

      The benefit is evocative of the Apple Card, which Apple and Goldman Sachs GS,  launched earlier this year. That card offers 2% back on any purchases made using Apple Pay — a feature that experts say was designed to promote adoption of the mobile pay technology.

      Read more:The Capital One hack exposes the dark side of racking up credit-card rewards

      After the introductory period, shoppers straight talk prepaid account number the card can still get 2% back when shopping in-store.

      The credit card also offers:

      • 5% back on purchases at Walmart.com, including Walmart’s grocery pickup and delivery service

      • 2% back on restaurants and travel, which includes airfare and hotel purchases

      • 1% percent back on all other purchases

      In addition to the Capital One Walmart Rewards Mastercard, the two companies are also rolling out the more traditional Walmart Rewards Card. That card offers a similar rewards structure:

      • 5% back on purchases made at Walmart.com and on the Walmart app

      • 5% back for using Walmart Pay in Walmart retail locations for the first year after approval and an 2% back on in-store Walmart purchases after that

      • 2% back at Walmart Fuel Stations

      Shoppers who already have one of Walmart’s store cards will automatically be converted capital one credit card for walmart one of the two new cards beginning Oct. 11. These card holders will be eligible for the introductory offer and will receive 5% back if they load their card into Walmart Pay and use the mobile app when shopping at brick-and-mortar locations.

      Retail cards aren’t advisable for all consumer

      Shoppers can still apply at check-out with a store employee, but they can also sign up online or via a text message sent to their smartphone. After sign-up, most consumers will either be approved or denied within minutes. If approved, they will immediately receive their credit-card number digitally. This will enable them to shop with the card online or using Walmart Pay.

      But some experts are concerned that people with riskier credit histories may be more likely to take out the card. Research has also shown that retail cards are used by a higher number of people with lower credit scores, and these consumers are more likely to go into default on their credit-card debt.

      Walmart and Capital One declined to provide specific figures for the credit scores they would consider for the card during a press call, but Daniel Mouadeb, Capital One’s senior vice president and head of Walmart partnership, said they were targeting consumers with “good to excellent credit.”

      “Walmart’s cards also need to be viewed through the eyes of its typical customer, which generally skews lower in terms of income and credit quality,” Rossman said. “Walmart’s credit cards will presumably be much easier to get. In that context, the rewards look more attractive, especially if you shop at Walmart a lot.”

      Read more:The $3 billion mistake Americans are making with their credit cards

      The new cards are less competitive when compared with the offerings from other retailers. Walmart’s 5% back in-store rewards benefit is only offered for a limited time with Walmart. Target’s REDCard TGT,  offers 5% back in store and online indefinitely, and the Prime Rewards Visa Signature Card from Amazon offers 5% back at Amazon.com and in Whole Foods, which could prove more useful depending one where people shop.

      A general cash-back credit card, such as the Citi Double Cash Card C, capital one credit card for walmart offers 2% back on all purchases, according to Ted Rossman, industry analyst at CreditCards.com.

      How Walmart’s new credit cards stack up

      The new cards represent an improvement over Walmart’s previous offering. The Walmart Credit Card, which can only be used at Walmart, only offers 3% back for online shopping at Walmart.com and 1% back for in-store purchases, according to Credit Card Insider.

      “These are the richest rewards we’ve ever offered our customers,” Daniel Eckert, senior vice president of Walmart services and digital acceleration, said during a press call ahead of Wednesday’s announcement.

      Also unlike Walmart’s previous offerings, consumers have more flexibility with their rewards than simply shopping in store. The points they earn can be used as cash back or to erase previous purchases. Additionally, card holders will have access to a rewards portal where they can redeem the points they earn for travel or gift cards.

      Shares of Walmart are up 6.26% over the past three months, while shares of Capital One are up 2.78%.Comparatively, the Dow Jones Industrial Average DJIA,  and S&P 500 SPX,  are up 2.44% and 3.01% respectively over that same time.

      Источник: https://www.marketwatch.com/story/walmart-unveils-new-rewards-credit-card-but-there-are-reasons-to-tread-carefully-2019-09-18

      How Do I Log In To My Walmart Credit Card Online Account?

      Information about these card have been collected independently by The Simple Dollar. The issuer did not provide the details, nor is it responsible for their accuracy.

      Walmart is one of the largest and most frequently used retailers in the US.

      Walmart currently offers two credit card options to its shoppers: the Walmart Rewards Card and Capital One Walmart Rewards Mastercard. The main difference between the two is that one can only be used at Walmart, while the other can be used to make purchases anywhere. The good news for you is the benefits of each card are virtually identical.

      Here’s what to expect when you apply for a Walmart Rewards Card or Capital One Walmart Rewards Mastercard.

      Walmart Rewards Card and Capital One Walmart Rewards Mastercard

      • Both cards have no annual fee and cardholders will earn unlimited:
      • 5% back on purchases at Walmart.com, inclusive of Walmart Grocery Pickup and Delivery
      • 5% back on in-store purchases when using Walmart Pay for the first 12 months after approval as a special introductory offer
      • 2% back on Walmart purchases in stores outside of the introductory offer
      • 2% back on restaurants and travel, and 1% percent back everywhere else with the Capital One Walmart RewardsMastercard
      • The ability to redeem rewards at any time for travel, gift cards, during online checkout at Walmart.com, for recent purchases and statement credits
      • Online account management available through Capital One

      Four Reasons to Like the Walmart Cards

      Save Rewards program, which grants varying amounts of cash back on certain types of purchases.

      Here four other big reasons to like these cards:

      #1: You get 5 percent off Walmart.com purchases.

      The main selling point of both the Walmart Rewards Card and Capital One Walmart Rewards Mastercard is that they offer 5 percent cash back on Walmart.com purchases. For the average family of four, that’s an average savings of over $100 per year.

      The only caveat is that in-store purchases don’t qualify unless you are using Walmart Pay for the first 12 months after approval. So, if you use your card at a physical Walmart store, you’ll get the standard 2 percent back, as you would with a purchase at any other store.

      #2: Rewards can be earned on Grocery Pickup.

      Walmart’s Grocery Pickup service allows customers to order and pay for their groceries online and pick them up in-store, and the 5% cash back offer works on these purchases.

      #3: There’s no annual fee.

      Neither card carries an annual fee. So you won’t have to make any calculations to decide if the benefits are worth the cost.

      #4: Free FICO® Score reporting.

      US federal law allows you to get a free FICO credit report once every 12 months. With a Walmart credit card, you’ll get the same reporting monthly via your electronic statement. This is a fairly standard feature for credit cards nowadays, but still a nice feature to have.

      Too long, didn’t read?

      With no annual fees to worry about, there’s plenty of value to be had, especially if you’re a regular Walmart.com shopper. But if you prefer to make in-store purchases, keep in mind that some cash back cards may offer better rewards – like the Citi® Double Cash Card, which gives a flat 2% cash back on all purchases (1% when purchase and another 1% upon payment).

      Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.

      Holly Johnson is a frugality expert and award-winning writer who is obsessed with personal finance and getting the most out of life. A lifelong resident of Indiana, she enjoys gardening, reading, and traveling the world with her husband and two children. In addition to The Simple Dollar, Holly writes for well-known publications such as U.S. News & World Report Travel, PolicyGenius, Travel Pulse, and Frugal Travel Guy. Holly also owns Club Thrifty.

      Источник: https://www.thesimpledollar.com/credit-cards/walmart-credit-card/

      The Capital One Walmart Rewards Card is a credit card that caters to consumers who do most of their shopping on Walmart.com.

      It is one of a handful of rewards credit cards that are partnered with major retailers in an effort to keep customers loyal to one brand in a competitive space. Walmart’s offering is in direct competition with similar cards issued by competitors Amazon and Target.

      If you are a consumer who doesn’t have an existing loyalty to one of these brands, choosing between these cards can be a little bit confusing. Team Clark is trying to make that decision easier by breaking down the specifics of the Capital One Walmart Rewards Card.

      In this review, we’ll look at the specs and perks of the card, the different tiers of rewards points and how you can redeem those points. We’ll also look at the offerings from Target and Amazon to see how Walmart’s card stacks up.

      Table of Contents

      What Is the Capital One Walmart Rewards Card?

      The Capital One Walmart Rewards Card is a Mastercard rewards credit card offering from Capital One. The benefits of this card stem largely from purchases made through retail giant Walmart, with the best perks coming through purchases made on Walmart.com.

      With as much as 5% of the purchase price available back to Walmart.com shoppers in the way of rewards that capital one credit card for walmart be redeemed for statement credits, gift cards and travel, the retail giant is competing with Amazon’s Rewards Visa Signature Card and Target’s RedCard to make sure it keeps customers happy.

      Capital One Walmart Rewards Card Specs and Perks

      Cardholder Benefits

      • $0 Fraud Liability: If the card is ever lost or stolen, cardholders are covered by a $0 fraud liability program. That means you would not be responsible for the costs of unauthorized purchases made with the card.
      • No Annual Fee: This is a solid perk for a card that offers the ability to get money back on purchases. There is no mathematical equation to run capital one credit card for walmart determine if the rewards are actually worth a fee you’re being charged, so that’s nice.
      • No Foreign Transaction Fees: Take this card outside the United States without worry of getting dinged on purchases.
      • Extended Warranty: Qualified purchases made at Walmart with this card will earn you an extended warranty at no charge.
      • Travel Accident Insurance and 24-hour Travel Assistance Services: If your card is lost while traveling, you have a point of contact who can provide an emergency replacement card and potentially a cash advance, if needed.
      • Card Lock: Lock and unlock your card in real time using the app. This can help mitigate potential headaches if the card is lost or stolen.

      Cardholder Fees

      There is no annual fee for using the card, but there are some associated rates and fees beyond the annual percentage rate on purchases.

      • Transfer rate and fees: Just as there is no introductory 0% rate on purchases, there also is no introductory rate on balance transfers. If you move a balance over from a different card, it will be subject to a certain APR. Capital One does indicate that promotional transfer rates may be offered, but those will be charged 3% of the amount of each transferred balance that posts to your account. There is no transfer charge on balances that are moved over at the normal transfer rate.
      • Cash advances: You may get a cash advance from this credit card, but it will ding you at a top interest rate. They also charge you either $10 or 3% of the amount of each cash advance, whichever is greater, for the convenience.
      • Late fees: Up to $39 in late fees may be charged if payments are not made on time.

      Rewards Breakdown for Capital One Walmart Rewards Card

      Walmart has three rewards tiers for purchases made with this card, spanning from 1% for standard purchases all the way to 5% for purchases made on Walmart.com. It is clear that Walmart is looking to push consumers toward out-of-store purchase decisions with these rewards tiers.

      You’ll notice that things like making purchases online, ordering deliveries or selecting curbside pickup for your groceries while capital one credit card for walmart on the app are going to be rewarded more than your typical in-store purchase at Walmart.

      5% Reward

      As I mentioned, the 5% reward bracket is mostly reserved for making purchases with Walmart without actually stepping inside a store to do it. Here are the purchase types that will earn you 5% rewards:

      • Walmart.com
      • Walmart app
      • Grocery pickup orders at Walmart
      • Grocery delivery orders from Walmart

      Introductory perk: Cardholders also qualify for 5% rewards on purchases made in-store via Walmart Pay (the company’s phone wallet option) for the first 12 months. After that introductory period, this type of transaction falls back into the 2% category.

      2% Reward

      There still is some value to be had for more traditional Walmart purchases with this card. Using the card for in-store transactions and Walmart gas purchases will net 2% in rewards. Dining and travel purchases receive the 2% reward perk, as well.

      • Walmart in-store purchases
      • Walmart gas purchases
      • Murphy USA gas purchases
      • Restaurants
      • Travel

      1% Reward

      If you are making a purchase that does not fall into one of the categories above, it will fall into the 1% rewards category.

      Ways to Redeem Rewards

      The rewards for this card are distributed by way of a points system. You receive points based on the rewards level of your purchase. Points can be redeemed for things like statement credits and gift cards.

      For example, spending $50 at Walmart.com would qualify you for 250 rewards points based on the 5% rewards level. That point total would then have a cash-out value of $2.50, which is 5% of the total money spent on the original $50 purchase. Walmart has a handy tool for measuring how many points you can earn with purchases here.

      When you’re ready, your points balance can be cashed out in a handful of ways:

      • Statement Credits: You can apply the points directly to your bill in the form of a statement credit.
      • CoveraPurchaseMadeWithCard: These points can be redeemed while making a purchase on Walmart.com.
      • Gift Cards: The cash value of the rewards points can be redeemed on a gift card from Walmart or other retailers.
      • Travel: The rewards points can be cashed in on travel deals and packages through Capital One.

      Rewards points earned on this card do not expire, but unused points are forfeited if the account is closed.

      Capital One Walmart Rewards Card vs. Amazon and Target Cards

      If you’re looking into a rewards card for one of the nation’s top retailers, you may first want to compare it to the options available from some of its competitors. Amazon and Target are two of Walmart’s top retail rivals, and both offer rewards credit cards of their own.

      Let’s take a quick look at each so you can compare them to the Capital One Walmart Rewards Card.

      Amazon Rewards Visa Signature Card

      The Amazon Rewards Visa Signature Card has reward tiers that are similar to Walmart’s offering. If you’re a Prime member, you can get 5% back on Amazon and Whole Foods purchases (otherwise it is 3%). Restaurants, gas stations and drug stores qualify for 2% rewards. Here’s a look at some perks from Amazon’s card:

      • 3% Rewards on purchases at Amazon.com and Whole Foods
      • Ability to boost rewards to 5% with an Amazon Prime Membership
      • Receive $60 Amazon gift card upon credit card application approval
      • No annual fees or foreign transaction fees

      You can read Team Clark’s full review of the Amazon Rewards card here.

      Target RedCard

      The Target RedCard gives users 5% rewards on all purchases from Target, both in-store and online. There’s no limitation to that. Here’s a quick look at some of the perks of this card:

      • Unlimited 5% rewards in-store at Target and online at Target.com
      • Free two-day shipping on items from Target.com
      • Additional 30 days on return policy for items purchased with RedCard

      It is worth noting that Walmart.com already offers free two-day shipping on many of its products, so the RedCard perk may actually just be catching them up to Walmart in that regard. You can read Team Clark’s full review of the RedCard here.

      If you’re into bulk purchasing, money expert Clark Howard is a big fan of Costco and Sam’s Club. He personally carries each of their rewards credit cards in his wallet. Here’s a quick breakdown of why he chose those cards, as well as two others:

      Final Thoughts

      Are you considering adding the Capital One Walmart Rewards Card to your credit card portfolio? Let’s review some of the pros and cons of the card before you make your final decision:

      Capital One Walmart Rewards Card: Pros and Cons

      ProsCons
      5% rewards on Walmart.comNo introductory APR
      No annual feePotentially high interest rates
      2% rewards on gas and travelLimited in-store perks

      Bottom Line: Like most rewards credit cards, whether you might want this one likely comes down to where you spend your money. If you’re an online shopper who uses Walmart.com often, the 5% rewards are very attractive. However, it may not be the optimal card if you do most of your shopping at a local store or via Amazon. I’d do some analysis on how many purchases you plan to make that fall in this card’s 5% and 2% rewards categories before deciding if it is the right fit for you.

      Do you have experience with the Capital One Walmart Rewards Card? Let us know how you like it in the comments below!

      More Clark.com Stories You May Like: 

      How Many Credit Cards Should I Have?How Many Credit Cards Should I Have?-Are you worried that the number of credit cards you have could have a negative impact on your financial life? Is there a “right” number of credit cards for one person to have? The answer is a little more nuanced…
      Источник: https://clark.com/credit-cards/capital-one-walmart-rewards-card/

      Capital One® Walmart Rewards™ Card – Review

      The Capital One® Walmart Rewards™ Card, also known as the Capital One Walmart Rewards Mastercard, is a cash-back credit card with no annual fee.

      It’s designed for regular Walmart shoppers, especially those who frequent Walmart.com. It’s also backed by one of the most popular credit card issuers around (Capital One).

      Purchases at Walmart.com and the Walmart app, including groceries and sales marked for in-store pickup, earn unlimited 5% cash back.

      You earn unlimited 2% back for purchases made inside Walmart stores, at eligible restaurants and travel merchants, and at Walmart and Murphy USA gas stations — making this a solid contender for one of the best gas credit cards as well.

      All other purchases, including purchases at Sam’s Club locations and SamsClub.com, earn unlimited 1% cash back.

      Beyond the rewards program, this card’s benefits are nothing to write home about, and the interest rates are on the high side. But the underwriting requirements are relatively loose, so this is an ideal first credit card for Walmart enthusiasts looking to build their credit or improve their credit.

      With no annual fee and a rewards program that’s quite generous for Walmart and Murphy USA shoppers, the Walmart Rewards Card is worth keeping in your wallet.

      Here’s how to get the most out of this card.

      Key Features

      These are the most important features and perks of this popular retailer credit card.

      Sign-Up Bonus

      Earn an extra 3% back (bonus cash) when you use Walmart Pay for purchases made at Walmart stores for the first 12 months from account opening. That means a total of 5% cash back on in-store Walmart purchases during the first 12 months.

      Earning & Redeeming Cash-Back Rewards

      The Walmart Rewards Card has a three-tiered cash-back program:

      • Online purchases made at Walmart.com and through the Walmart app earn unlimited 5% cash back (rewards rate). That includes grocery pickup purchases and other purchases marked for in-store pickup at any Walmart store. This rate applies to home delivery purchases as well.
      • Purchases made in select bonus categories earn 2% cash back. That includes purchases at Walmart and Murphy USA gas stations, inside Walmart stores, and with eligible restaurant and travel merchants all fall under this capital one credit card for walmart other purchases, including those made at Sam’s Club locations, earn unlimited 1% cash back.

      You automatically receive cash back at the end of the billing cycle. Cash back does not expire as long as your account remains open and in good standing.

      Make the most of your cash back by redeeming it for statement credits against eligible purchases made during the prior 90-day period.

      Possibility of Promotional Interest-Free Period

      The Walmart Rewards Card doesn’t advertise a regular introductory interest-free, low-APR, or balance transfer promotion. However, its terms do mention special promotional periods that can eliminate interest charges for as long as 24 months at a stretch.

      The interest-free period may apply to specific purchases or any purchases made while the promotion is active, depending on the terms of the promotion and Walmart’s discretion. It doesn’t necessarily apply only at sign-up, making it more versatile than standard introductory interest-free promotions.

      Important Fees

      This card has no annual fee or foreign transaction fee.

      Credit Required

      This card requires an average or better credit score.

      Serious blemishes in your credit history, such as recent personal bankruptcies, are likely to disqualify your application; minor issues may not. This makes the Capital One Walmart Rewards Card an ideal credit card for consumers in the process of mending their credit. It’s also appropriate for people with good credit or better.

      Advantages

      These are the most important advantages of the Capital One Walmart Rewards Mastercard.

      1. No Annual Fee. The Walmart Rewards Card doesn’t charge an annual fee. This is great news for shoppers who want to keep this card in their wallets without paying for the privilege.
      2. 5% Cash Back at Walmart.com. Frequent Walmart.com shoppers will love this card’s unlimited 5% cash back on the retail giant’s website. The same rate applies to grocery purchases and purchases marked for in-store pickup, so it’s perfect for bulky or heavy items for which shipping is costly or impractical.
      3. Potential for a Long Introductory APR Period. Although it doesn’t have a regular interest-free or low APR introductory promotion, this card does have periodic promotions that eliminate interest across the board or on specific capital one credit card for walmart for as long as 24 months at a time. That’s great news for cardholders planning big-ticket purchases that they can’t afford to pay off right away.
      4. Loose Underwriting Requirements. This card is available to applicants with average or better credit. Although your approval is never guaranteed, you stand a better chance of making it through the application process with this card than with better-known cash-back cards that require excellent credit.
      5. Bonus Cash Back on Restaurant and Travel Purchases. This card earns 2% cash back on restaurant and travel purchases, making it a solid companion for diners and travelers without more generous travel rewards credit cards in their wallets.
      6. No Penalty APR. The Walmart Rewards Card doesn’t charge penalty interest on past-due payments. If you occasionally miss your statement due date due to irregular cash flow or unexpected expenses, you don’t have to worry about getting locked into a sky-high rate indefinitely.

      Disadvantages

      Consider these drawbacks before applying for a Capital One Walmart Rewards Mastercard.

      1. Only 90 Days to Redeem Cash Back for Account Credits. When redeeming cash back for account credits, you’re only allowed to offset purchases going back 90 days. If you haven’t used your card for longer than that, you’ll need to make a purchase just to redeem your cash back.
      2. No Bonus Cash Back on Purchases Made at Sam’s Club Stores. This card earns just 1% cash back on purchases made at physical Sam’s Club stores. If you prefer to shop in person at the country’s second most popular warehouse store, you won’t get any more out of this card than any other standard-issue cash-back credit card — and possibly less. Several higher-earning cards such as the Capital One Quicksilver Cash Rewards Credit Card offer unlimited 1.5% cash back on all eligible purchases.

      Final Word

      The Capital One® Walmart Rewards™ Cardis a great entry-level cash back credit card for regular Capital one credit card for walmart shoppers and drivers who encounter Walmart and Murphy USA stations in their daily travels.

      Despite its relatively loose underwriting standards, the Walmart Rewards Card isn’t for everyone. If you don’t qualify for this card, look instead to the Walmart Credit Card, a store credit card with a similar rewards scheme.

      The Walmart Credit Card isn’t backed by Mastercard or any other credit card payment network, so you can’t use it at merchants other than Walmart, but it’s nevertheless a great rewards-bearing vehicle for folks looking to build credit.

      And, considering you can buy pretty much anything at Walmart or Walmart.com, it’s versatile enough.

      Источник: https://www.moneycrashers.com/capital-one-walmart-rewards-card-review/

      4 Replies to “Capital one credit card for walmart”

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