If Walmart is your happy place, you're totally going to want to get in on the Walmart Rewards MasterCard. This card will not only help you save, it also gives you incentives so you can feel good about your shopping cart haul.
Since this is a Walmart credit card, you are going to be rewarded for using it in their stores. You get 1.25% back on the things you purchase there. Of course rewards are not the only reason to get a credit card, you might need it to help you get through a financial hurdle. Since there are so many Canadian credit cards on the market, it is up to you to make sure you do your research.
Before applying for a card, it is best to figure out what your ultimate goal is for you next credit card. You should also figure out what you need to do to ensure you stay on top of your financial health when using credit cards. Our team has looked into the Walmart Rewards Mastercard Credit Card and come up with important inforation you need to know. Read through everything below before you decide whether or not this is the right card for you.
What are the Benefits and Features of a Walmart Rewards Mastercard?
First of all, it is super easy to manage this credit card. Unlike other credit cards where you have to wait to get your applications processed, with the Walmart credit card, everything is done online. Once your online application has gone through, the rest can be managed online, too. How easy is that?
Do you want an additional card for any of your family members? Why not? It is free with Walmart's Rewards MasterCard, and on top of that, you get bonuses once they make transactions using this credit card. If you love doing your shopping at Walmart, this card is made specifically for your needs. Walmart Financial has made the transaction process simple. You can pair this card with Tap & Go, and you'll receive Zero Liability Protection.
You will also earn 1.25% at Walmart stores when you use your credit card and 1% when you use your credit card to make purchases anywhere else.Another great thing about this credit card is that it keeps you on track with payments. With the Walmart credit card, you are guaranteed monthly reminders so that you never forget to pay your dues at any one time.
With this credit card, you are eligible for cash advances in case of an emergency. And the good news is that you do not have to access your bank in person. You can get an advance anywhere you see the MasterCard logo, and whenever MasterCards are not allowed, you can use your Personalized Convenience Cheque instead.
Finally, the Walmart Credit Card comes with 0 annual fees. These are just some of the great perks of using this rewards credit card. You should know all the fees associated with the card so that's up next. If it all seems good to you, you can find out if you are eligible and how you can apply below too.
What are the Fees of a Walmart Rewards Mastercard?
To fully enjoy the benefits of this Credit Card, it is always advisable to pay your credit card on time so that your credit score is not affected. Take a look at this overview of representative fees and rates you can expect with this card:
- $0 Annual Fee
- 19.89% Preferred Rate Card interest
- 25.99% Standard Rate Card interest
- 21.49% Preferred Rate Cash interest
- 27.99% Standard Rate Cash interest
For more detailed information on fees, head to the Walmart Bank website to find out more and also check other factors that you may need to consider.
How to Apply for a Walmart Rewards Mastercard
Applying for this credit card is very simple and straightforward. To qualify, you must be at least the age of majority in your province of residence. You will also need a Walmart.ca account, and you must have a minimum annual household income of $12,000.
Applications are done online via the Walmart Bank website. For more information on eligibility and details, refer to the website.
If successful, you'll be assigned promotions and specifics based on your circumstances.
The Walmart Rewards MasterCard could be right for you if shop at Walmart locations often and want to reap the benefits of their rewards system. You can head to the Walmart Bank website and apply for your credit card if you think it is right for you.
How to Contact Walmart Rewards Mastercard
Head office
940 Argentia Road
Mississauga, Ontario
Telephone: 1-888-331-6133
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.
