Capital One® Walmart Rewards™ Mastercard®
The Capital One Rewards Mastercard allows frequent shoppers to stock up on reward points from purchases made at the retail giant.
Card Summary
The Capital One Walmart Rewards Mastercard allows frequent shoppers to stock up on reward points from purchases made at the retail giant.
You will receive 5% cashback at Walmart.com, 5% cashback on your first year of Walmart.com mobile payments, and then 2% for every subsequent year. There are also 2% cashback on travel and dining; and 1% on any other eligible purchases.
There is no foreign transaction fee and there are no annual fees.
Based on creditworthiness, the standard APR of Capital One Walmart Rewards Mastercard can be variable at 17.99%, 23.24%, or 26.99%.
Extended warranty protection, travel insurance and assistance services are some of the card benefits.
Card Summary - Cons
Rates and fees
Highlights
Walmart.com: Get 5% cash back, pickup or delivery. Get 2% cash back at Walmart, restaurants, and when you travel.
Accepted Mastercards: 1% Cashback, everywhere Else get 5% cash back in Walmart stores for the first 12 months after your approval.
You can redeem for cash. You can cover a purchase. You can redeem gift cards at Walmart and other retailers.
Comparative Analysis with Other Cards
Capital One Walmart Rewards Mastercard vs. Amazon Rewards Visa Signature Card
Annual Fee: There is no annual fee for the card.
Reward: For the first year, the Capital One Walmart Rewards Mastercard earned 5% cashback at Walmart.com. The store's mobile wallet Walmart Pay gives 5% back, and then 2% for every subsequent year. There is also a 2% cash back offer on purchases made in-store. You can get 2% cash back on travel and dining, and 1% on any other purchases.
Amazon Rewards Visa Signature Card holders earn 3% cashback at Amazon.com, Whole Foods Market and gas stations, as well as 2% at restaurants and drugstores. All other purchases are eligible for 1%. Your earnings on Amazon.com/Whole Foods Market can jump up to 5% if you have an Amazon Prime Membership.
Sign up bonus: The Capital One Walmart rewards Mastercard does not offer a sign up bonus. After approval, the Amazon Rewards Visa Signature card offers a $60 Amazon.com gift card. After approval, the gift card's value will be increased to $100 if your Amazon Prime membership is eligible.
Benefits: Capital One Walmart Rewards Mastercard Benefits include travel accident insurance, concierge service, extended warranty protection and travel assistance.
Amazon Rewards Visa Signature Card customers have access to a variety of travel and purchase protection benefits, including an extended warranty protection and baggage reimbursement.
Capital One Walmart Rewards Mastercard Vs. Bank of America Cash Rewards credit cards
Annual Fee: There is no annual fee for the card.
Reward: For the first year, the Capital One Walmart Rewards Mastercard earned 5% cashback at Walmart.com. The store's mobile wallet Walmart Pay gives a 2% return, and then 5% for every subsequent year. 2% is given back on purchases made in-store. 2% on travel and dining; and 1% on any other purchases.
Bank of America Customized cash Rewards credit card offers 3% cashback in any category you choose, including gas, online shopping and travel. You also get 2% back from grocery stores and wholesale clubs. Each quarter cardholders earn 3% and then 2% on purchases up to $2,500, with an additional 1% each subsequent quarter.
Sign up bonus: The Capital One Walmart rewards Mastercard does not offer any sign-up bonuses. After you have made at least $1,000 of purchases within the first 90-days of opening your account, The Bank of America Customized cash Rewards credit card will give you a $200 bonus cash.
Benefits: Capital One Walmart Rewards Mastercard holders receive benefits like extended warranty protection and travel accident insurance. They also get travel assistance services, concierge service, and travel assistance. Bank of America Customized cash Rewards cardholders receive free monthly access to FICO credit scores and no fraud liability.
Conclusion
Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.
