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Mr. Loonie

Comparing 2 cards

Walmart Rewards Mastercard vs Walmart Rewards World Mastercard

At typical spending, both cards are worth about the same in year one and about the same every year after.

Worked out from each card’s fees, earn rates and welcome offer. How we work it out

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400

Walmart

Walmart Rewards™ Mastercard®

Remove Walmart Rewards Mastercard

Walmart

Walmart Rewards™ World Mastercard®

Remove Walmart Rewards World Mastercard
What it’s worth to you
Better: $280
Year one · The full offer.
Better: Every year after $255

Cash back, counted at face value. Why we value Walmart Rewards Mastercard this way

Better: $280
Year one · The full offer.
Better: Every year after $255

Cash back, counted at face value. Why we value Walmart Rewards World Mastercard this way

Apply now with Walmart (opens in a new tab)
Apply now with Walmart (opens in a new tab)
We may earn a fee when you apply through these links. It never changes the numbers.

Lower is better here.

Annual fee
$0
$0
Foreign currency fee On purchases in another currency
2.5%
2.5%
Interest on purchases
21.99%
21.99%
Interest on cash advances
27.99%
27.99%
Cash advance fee
$4.00, $8 if done outside Canada
$4.00, $8 if done outside Canada
Balance transfer fee
$4.00, $8 if more than $1000
$4.00, $8 if more than $1000
Late payment fee
$0
$0
Source
walmartrewards.caChecked Nov 8, 2026
walmartrewards.caChecked Nov 8, 2026

Typical spending, $2,500 a month. Bigger is better.

Groceries $9,600 a year
Better: $96 1% back (base rate)
Better: $96 1% back (base rate)
Restaurants $3,000 a year
Better: $30 1% back (base rate)
Better: $30 1% back (base rate)
Gas $3,000 a year
Better: $30 1% back (base rate)
Better: $30 1% back (base rate)
Recurring bills $3,000 a year
Better: $30 1% back (base rate)
Better: $30 1% back (base rate)
Travel $1,800 a year
Better: $18 1% back (base rate)
Better: $18 1% back (base rate)
Everything else (base rate) $7,800 a year
Better: $78 1% back
Better: $78 1% back
Foreign currency $1,800 a year
Better: $18 1% back (base rate)
Better: $18 1% back (base rate)
Total earned Before fees and the welcome offer
Better: $300
Better: $300
Foreign currency fee On the budget’s foreign spending. * Fee not listed, counted at the usual rate
Better: $45
Better: $45
Limits
None listed
None listed
Source
walmartrewards.caChecked Nov 8, 2026
walmartrewards.caChecked Nov 8, 2026

Counted at your spending, not the advertised maximum.

What you’d get
Better: $25The full offer.
Better: $25The full offer.
Advertised
Up to $25 back.
Up to $25 back.
Source
walmartrewards.caChecked Nov 8, 2026
walmartrewards.caChecked Nov 8, 2026

Extended warranty
Not listed
Included
Purchase protection
Not listed
Included

Personal income Minimum the bank lists
None listed
None listed
Network
Mastercard
Mastercard
Expert Score From critic reviews, shown, not ranked
Expert Score 7.4 out of 10. Good
Expert Score 7.1 out of 10. Good

Mr. Loonie’s tip Look at every year after before year one. A big welcome offer pays once; the earn rates pay every month you keep the card.

Questions

How do you work out year one?

We add what each card earns at your spending, plus the part of the welcome offer you’d get, then take off the first year’s annual fee. Every year after leaves out the offer and uses the regular fee.

Can I compare more than two cards?

Yes, up to four. Tap Add a card above the table, or + Compare on any card page.

Do banks pay to appear here?

No. You pick the cards and the math decides the numbers. We may earn a fee when you apply through some links. That never changes a number.

Year one adds what each card earns at the spending you picked, plus the part of the welcome offer that spending reaches, then takes off the first year’s fee. Every year after leaves out the offer and uses the regular fee. Points are counted at the value shown under each card.

Sources, checked by us:

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. Values are estimates for the spending you picked, rounded to the nearest dollar.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Compare is full