Walmart Rewards Mastercard Review
$25 in bonus Walmart Rewards
Recommended Credit Score:
670 900
Average to Excellent
$0
Welcome Bonus Value
$0
Annual Fee
19.89%
Purchase Interest Rate
$15,000
Min Personal Required
Walmart Rewards Mastercard
My Rate Compass Rating: star star star star_outline star_outline (3)
Bank Name:Walmart Financial
Network Type:Mastercard
Walmart Rewards Mastercard
Welcome Bonus
$25 in bonus Walmart Rewards
Annual Fee
$0
Walmart Rewards Mastercard
Card Details
Walmart Rewards Mastercard review

Earn Walmart Rewards Earn Walmart Rewards virtually anywhere MasterCard is accepted. They add up fast.

Walmart Mastercard rewards
  • Earn 1.25% of your purchases in Walmart Rewards when you shop at Walmart stores in Canada.
  • Earn 1% of your purchases in Walmart Rewards anywhere else MasterCard is accepted.

Walmart Rewards Mastercard welcome bonus 

Get a welcome bonus of $15 in Walmart Rewards when you complete your first two purchases.

Get a $10 Walmart Reward bonus when you choose a paperless or electronic statement.


Walmart Rewards are earned in dollar equivalents, not points, so it's easy to know how much you have to redeem.

Redeeming your Walmart rewards is simple, the redemption starts at $5 and you can redeem your cash back rewards at any Walmart stores in Canada.

Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance NO
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance No
Fees and Eligibility
Fees
  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.89%
  • Cash Advance Interest Rate: 21.49%
Eligibility
Personal Income Required: $15000
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star_outline star_outline (3)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
  • No annual fee
  • Great for those who shop often at Walmart
  • Free supplementary cards so you can earn rewards faster
Editor's Review

Walmart Rewards Mastercard Review

Walmart Rewards Mastercard is Walmart's very own credit card, and it makes it easy to earn extra cash back on all Walmart purchases. Walmart is one of the most well-known companies in the world, with Walmart stores located in more than 28 countries. Walmart is also the world's largest public corporation by revenue, according to the Walmart official website. Walmart is also well known for its Walmart credit card, which can be used anywhere Mastercard is accepted. Walmart Rewards Mastercard offers Walmart shoppers a way to earn even more cash back, making it easy for Walmart lovers to save money on Walmart purchases.
  • Annual fee: None
  • Annual interest rate: 19.89% on purchases, 21.49% on cash advances

The Walmart Rewards Mastercard is a no-fee card that rewards its cardholders for spending money at Walmart.ca or in Walmart stores across Canada. The card comes with access to Mastercard Global Services, which includes access to emergency cash and replacements for lost and stolen cards, as well as Zero Liability Protection against fraudulent purchases.

Features and Benefits of the Walmart Rewards Mastercard

  • 1.25% Reward Dollars on purchases from Walmart.ca and Walmart Canada
  • 1% Reward Dollars on gas and other purchases
  • $15 Welcome bonus
  • $10 Paperless statement bonus
  • Optional Balance Protection and Extended Warranty plans (for additional fees)


Pros and Cons of the Walmart Rewards Mastercard

Pros Cons
  • Increased reward dollars for shopping with Walmart Canada
  • Access to Mastercard Global Services 24/7
  • Reward dollars can only be spent at Walmart Canada
  • Features such as Balance Protection and Extended Warranties cost an additional monthly fee


The Takeaway

The Walmart Rewards Mastercard is a good option for those who frequently spend cash on groceries and other essentials at Walmart. With a 0.25% reward dollar bonus for Walmart.ca and Walmart Canada purchases, this card makes it easy for frequent Walmart shoppers to build up rewards, which can then be spent in-store or online with Walmart. There is no annual fee and the supplementary cards are also free.

The only caveat is that Walmart Rewards could only be redeemed at Walmart stores or online. While the card does not have all the bells and whistle of other Mastercard’s, it is a good card for those who shop often at Canadian Walmart stores.For cardholders who want added coverage on their purchases, as well as insurance against their balance, The Walmart World Mastercard may be a better choice.