Choosing the right credit card for your Walmart purchases can significantly impact your savings and rewards. With various options available, understanding the benefits and drawbacks of each card is crucial to making an informed decision. This article will delve into the best credit card options for Walmart shoppers in 2024, providing detailed information to help you maximize your rewards and savings.
This article aims to provide a detailed overview of the best credit cards for Walmart purchases, helping you choose the one that best fits your spending habits and financial goals. We'll cover rewards programs, interest rates, fees, and other essential factors to consider.
| Credit Card | Rewards at Walmart | Key Benefits |
|---|---|---|
| Capital One Walmart Rewards Card | 5% back online and in the Walmart app, 2% in store | No annual fee, 5% back on Walmart.com and in the app, 2% back in Walmart stores and at gas stations, 1% back everywhere else, special financing offers available. |
| Walmart Rewards Card (Store Card) | 5% back online and in the Walmart app, 2% in store | No annual fee, 5% back on Walmart.com and in the app, 2% back in Walmart stores and at gas stations, 1% back everywhere else, special financing offers available. |
| Chase Freedom Flex | 5% back on rotating categories (including Walmart) | 5% back on rotating categories up to $1,500 per quarter (requires activation), 1% back on all other purchases, intro APR offer, travel and purchase protections. |
| Discover it Cash Back | 5% back on rotating categories (including Walmart) | 5% back on rotating categories up to $1,500 per quarter (requires activation), 1% back on all other purchases, Discover matches all the cash back earned at the end of your first year. |
| American Express Blue Cash Preferred | 6% back on U.S. supermarkets (including Walmart) | 6% back on U.S. supermarkets (up to $6,000 per year, then 1%), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and transit, 1% back on all other purchases. Annual fee applies. |
| Citi Custom Cash Card | 5% back on your top spending category | 5% back on your top spending category each billing cycle (up to $500 spent), 1% back on all other purchases, intro APR offer. |
| Amazon Prime Rewards Visa Signature Card | 5% back at Amazon and Whole Foods Market (Walmart Alternative) | 5% back at Amazon and Whole Foods Market, 2% back at restaurants and gas stations, 1% back on all other purchases, no annual fee for Prime members. |
Detailed Explanations
Capital One Walmart Rewards Card
The Capital One Walmart Rewards Card is a co-branded credit card designed specifically for Walmart shoppers. It offers 5% cash back on purchases made on Walmart.com and in the Walmart app, 2% back in Walmart stores and at gas stations, and 1% back on all other purchases. The card has no annual fee, making it an attractive option for frequent Walmart shoppers who want to earn rewards on their purchases without paying an annual fee. It also often includes special financing options on larger purchases.
Walmart Rewards Card (Store Card)
The Walmart Rewards Card (Store Card) is a closed-loop credit card that can only be used at Walmart stores and online. Similar to the Capital One version, it offers 5% cash back on purchases made on Walmart.com and in the Walmart app, 2% back in Walmart stores and at gas stations, and 1% back on all other purchases. This card also has no annual fee. It's a good option for shoppers who primarily shop at Walmart and want to earn rewards without the complexity of a traditional credit card.
Chase Freedom Flex
The Chase Freedom Flex card offers a rotating quarterly bonus structure that can include Walmart. This card offers 5% cash back on rotating categories, up to $1,500 per quarter (requires activation), and 1% back on all other purchases. If Walmart is a bonus category during a given quarter, this card can be an excellent way to maximize your rewards. It also comes with valuable travel and purchase protections, making it a versatile option.
Discover it Cash Back
The Discover it Cash Back card also offers a rotating quarterly bonus structure that can include Walmart. You'll earn 5% cash back on rotating categories, up to $1,500 per quarter (requires activation), and 1% back on all other purchases. A unique benefit of this card is that Discover matches all the cash back earned at the end of your first year, effectively doubling your rewards.
American Express Blue Cash Preferred
While not specifically targeted at Walmart, the American Express Blue Cash Preferred card can be a good option if you frequently purchase groceries at Walmart. This card offers 6% cash back on U.S. supermarkets (up to $6,000 per year, then 1%), which includes many Walmart locations. It also offers 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and transit, and 1% back on all other purchases. The card has an annual fee, so you'll need to weigh the benefits against the cost.
Citi Custom Cash Card
The Citi Custom Cash Card offers a unique rewards structure where you earn 5% cash back on your top spending category each billing cycle (up to $500 spent), and 1% back on all other purchases. If Walmart is your top spending category in a given month, you'll automatically earn 5% back on those purchases. This card is a good option if your spending habits vary and you want a card that adapts to your needs.
Amazon Prime Rewards Visa Signature Card
While not a Walmart card, the Amazon Prime Rewards Visa Signature Card offers 5% back at Amazon and Whole Foods Market, 2% back at restaurants and gas stations, and 1% back on all other purchases. If you're an Amazon Prime member and frequently shop online, this card can be a valuable alternative to a Walmart-specific card. It also has no annual fee for Prime members. This provides an alternative shopping experience for some customers.
Frequently Asked Questions
What is the best credit card for Walmart purchases?
The best card depends on your spending habits. The Capital One Walmart Rewards Card and Walmart Rewards Card offer 5% back online and in the app, while other cards offer bonus rewards on rotating categories or top spending categories.
Does the Capital One Walmart Rewards Card have an annual fee?
No, the Capital One Walmart Rewards Card has no annual fee.
Can I use the Walmart Rewards Card (Store Card) anywhere?
No, the Walmart Rewards Card (Store Card) can only be used at Walmart stores and online at Walmart.com.
Do rotating category cards like Chase Freedom Flex and Discover it Cash Back include Walmart?
Walmart may be included in the rotating categories, but it varies each quarter and requires activation. Check the card's terms and conditions for the current quarter's categories.
Is it worth getting a credit card just for Walmart purchases?
It depends on how frequently you shop at Walmart. If you're a regular shopper, a card like the Capital One Walmart Rewards Card or Walmart Rewards Card can be a good option.
What credit score do I need to get the Capital One Walmart Rewards Card?
You typically need a good to excellent credit score (670 or higher) to be approved for the Capital One Walmart Rewards Card.
Does the American Express Blue Cash Preferred card offer 6% back at all Walmart locations?
The American Express Blue Cash Preferred offers 6% back at U.S. supermarkets, which includes many Walmart locations that are classified as supermarkets. However, not all Walmart locations may qualify.
What is the maximum amount of cash back I can earn with the Citi Custom Cash Card at Walmart?
You can earn 5% cash back on Walmart purchases up to $500 spent in your top spending category each billing cycle.
Conclusion
Choosing the best credit card for Walmart purchases depends on your individual spending habits and preferences. The Capital One Walmart Rewards Card and Walmart Rewards Card are excellent options for frequent Walmart shoppers who want to earn a high rewards rate online and in the app. Cards like Chase Freedom Flex and Discover it Cash Back can offer valuable rewards when Walmart is a bonus category. Ultimately, consider your spending patterns and prioritize the card that offers the most value for your specific needs.