Walmart(R) Credit Card Review

EDITOR’S NOTE: The Walmart(R) Credit Card and Walmart(R) Mastercard(R) offers mentioned in the following paragraphs have expired and therefore are no more available

Walmart(R) offers two charge cards. The first is a normal store credit card, the Walmart(R) Charge card and also the other is a Walmart(R) Mastercard(R). The Walmart(R) store card is much like every other store card, meaning that it is only good for making purchases at Walmart(R) a treadmill of their family stores, such as Sam’s Club(R). The Walmart(R) Mastercard(R), however, is really a charge card that you can use wherever Mastercard(R) is accepted.

Walmart(R) Charge card highlights

Walmart(R) Charge card basics

EDITOR’S NOTE: The Walmart(R) Charge card and Walmart(R) Mastercard(R) offers mentioned in this article have expired and therefore are no longer available

Anyone can apply for any Walmart(R) Charge card, but we believe they may be aimed toward consumers who have average or limited credit. The Walmart(R) Mastercard(R) has tighter credit requirements than the store card, so if you're thinking about building or rebuilding your credit score, the store card is a good initial step.

Both cards allow cardmembers to earn rewards with the 3-2-1 Save Rewards program. Cardmembers can earn:

• 3 percent back on purchases made on Walmart(R).com, including purchases made on the Walmart(R) App
• 2 percent back on fuel purchases made at either Walmart(R) or Murphy USA (excluding Murphy Express) gas stations
• 1 percent back on other eligible purchases made at Walmart(R) locations with the Walmart(R) Credit Card. Using the Walmart(R) Mastercard(R), 1 % back on other eligible purchases from Walmart locations and from any merchant that accepts Mastercard credit cards
• Cash back is applied like a credit for your statement

Walmart(R) Charge card pros

Consumers with no credit or average credit may have a shot at qualifying for that Walmart(R) Credit Card (the shop card), therefore it may be a choice for all those looking to build or rebuild credit.

The bonus offer of 20 percent off online purchases made on the first day can be stacked with in-store sales for real savings.

We always like cards without any annual fee.

It can be hard to earn enough rewards on some fee cards to negate the price of owning the card.

Walmart(R) Charge card cons

You could find that your credit limit is really as little as $150. Some consumers complain this limit doesn't allow meaningful card use. The way to enhance the credit limit is by using the credit card sparingly and pay it off in full every month. Patience and good financial behavior are key.

Interest rates on cards run on the steep side. Should you tend to carry a balance, look for a financing option that will permit you to definitely pay down your financial troubles at a lower cost.

Should you receive this charge card?

While the Walmart(R) Credit Card certainly isn’t the most advantageous charge card for people with great credit, with responsible use on your part, it might help you to get back in line or build your credit if you are starting over or beginning with scratch, keep in mind this version of the charge card can only be utilized for purchases at Walmart(R) or one of it’s family of stores for example Sam’s Club(R).

The Walmart(R) Mastercard(R), however, is a charge card you can use wherever Mastercard(R) is accepted.

If Walmart(R) is your place to shop the Walmart(R) Credit Card or the Walmart(R) Mastercard(R) could be only the ticket to get some nice c