There are a lot of credit cards tied to certain companies that allow you to receive discounts and even rewards as part of using it. One of which is the Walmart Rewards Mastercard - one of the leading rewards credit cards in its category. If you're a Walmart loyalist, you might want to stick around and find out what this credit card is all about.
The Walmart Rewards Mastercard is a rewards credit card that you can exclusively use on your Walmart purchases. The card gives you tremendous discounts, rewards, and many other perks when you use it for your Walmart transactions and even when you use it outside of the store. With so many perks and little hassle during the application, there is no reason for you not to apply for this card.
If you're interested to learn more about how to apply for the Walmart Rewards Mastercard, check out the article below to find out.
Earn Cashback and More With the Walmart Rewards Mastercard
Rewards are the key to using the Walmart Rewards Mastercard. With this credit card, you get to earn 5% cash back on purchases made at the official Walmart website alongside the items that you have purchased on the Walmart app.
This also covers purchases made online for in-store pickup as well. Then, you have 2% cash back for in-store purchases. You can also earn more cashback rewards when you use the credit card for booking flights and travel as well as dining at partner restaurants.
Any other transactions or purchases that you make with this card apart from the ones mentioned above will reward you with 1% cash back.
Lastly, you also get a sign-up bonus of up to 5% cash back on purchases made in Walmart stores when you use Walmart Pay for the first 12 months of the account.
Check Out How to Maximize Your Rewards
We all want to make the most out of our rewards and with the Walmart Rewards Mastercard, you can stack many of the benefits that you have with this credit card using this one secret tip.
Register for a Walmart Plus membership and you can apply all the rewards on both your credit card and the membership together. This means that if you were able to receive discounts using your Walmart Plus membership on certain items, you can also add the cash back on top of that as part of the rewards that you have earned with the card.
It is a simple yet very effective hack for cardholders to get the most out of their Walmart Rewards Mastercard.
Why You Should Get the Walmart Rewards Mastercard
There are so many reasons why you should be getting the Walmart Rewards Mastercard especially if you're a loyal shopper at Walmart.
Walmart has almost everything that you need within their store and when you have the card, you get instant cashback from your purchases. You are also entitled to many discounts on selected items that may not be available to the regular shoppers at the store who do not have this credit card.
Since it is also a Mastercard, you also receive a lot of perks from using the card elsewhere. It is widely accepted in different establishments all over the US and many other countries worldwide.
There are also zero foreign transaction fees and annual fees to worry about so it is everything that you truly need when you shop at Walmart.
Interest Rates and Other Charges
Speaking of annual and foreign transaction fees, let's talk about the interest rates and other charges that you may encounter when using the Walmart Rewards Mastercard. The ongoing APR is 17.99% to 26.99% for purchases made with the card.
The cash advance charge is $4 and if you plan on setting up an installment plan, you will have a charge of 2.5% of the amount per purchase so you need to be careful with how you use the card.
Apart from that, everything else depends on your credit score which means that you will need to have at least a good to excellent credit rating to apply for the card and get the regular interest rates.
Many Other Benefits That You Can Enjoy
As a rewards credit card, you should be willing to use the card for any purchase and not be burdened by a lot of transaction fees.
You should also be able to enjoy even more benefits with the Walmart Rewards Mastercard apart from the ones mentioned above. Cardholders can get price protection where the items that they have recently purchased are protected against theft or damage.
The card also provides extended warranty coverage for many items purchased using the Walmart Rewards Mastercard. This means that you have an extra year of warranty if you plan on getting a mobile device with this card.
There is also car rental insurance, roadside assistance, travel accident insurance, and concierge services that you can take advantage of when you're traveling.
How to Apply for the Walmart Rewards Mastercard
Should you be interested in applying for the card, you must first be eligible. You need to be 18 years old and must be a resident of the country with a good income that can support paying for your monthly credit statement.
You must also have a good credit score before you apply for the card and have proof of identity, residency, and income to support all of your claims during your application. Once done, you can apply for the card at the official Walmart website or you can head over to any Walmart store and ask for assistance regarding your application.
You can also call them at 1-877-860-1250 or send them mail at Wal-Mart Canada Corp., 1940 Argentia Road, Mississauga, ON L5N 1P9. You can also visit Capital One's main office at 1680 Capital One Drive McLean, VA 22102-3491.
Conclusion
If you're already shopping at the Walmart website or even at the store, chances are, you're also looking for different ways to earn more rewards. It is high time that you take advantage of the rewards brought by the store and apply for the Walmart Rewards Mastercard to add more. If you want cash back and other rewards while also being a loyal Walmart customer, this is the right card for you.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
