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Mr. Loonie
Walmart Rewards™ Mastercard®

Walmart Rewards™ Mastercard®

7.4
Good
Expert Score · 7 reviews How we score

Best for: Walmart shoppers who want cash back with no annual fee

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
Yours:
Your own amounts, saved on this device only
Year one
$280
Every year after
$255

Ranked #111 of 176 for year one. See the list

See how we worked it out
Welcome offer you’d get
$25
The full offer. Up to $25 back.
Annual fee
None
Apply now on Walmart’s site (opens in a new tab)
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from Walmart’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

What you’d earn Welcome offer Can I get it? Fees Similar cards
From the numbers

The good and the bad

Stands out

  • Good: No annual fee It costs nothing to keep.
  • Good: Welcome offer up to $25

Watch for

  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With typical spending of $2,500 a month.

  • Groceries $96
    1% back $800 a month · $96 a year
  • Restaurants $30
    1% back $250 a month · $30 a year
  • Gas $30
    1% back $250 a month · $30 a year
  • Recurring bills $30
    1% back $250 a month · $30 a year
  • Travel $18
    1% back $150 a month · $18 a year
  • Everything else $78
    1% back $650 a month · $78 a year
  • Foreign currency $18
    1% back $150 a month · $18 a year
For you Year one Later years
Cash back you earn $300 $300
Welcome offerYour spending wouldn’t reach it $25 $0
Annual fee $0 $0
Foreign currency fee2.5% on $1,800 a year −$45 −$45
Total $280 $255

Rows are rounded to the dollar.

What counts in each category
Everything else (base rate)
1% back

3% cash back at any Walmart store in Canada or online at Walmart.ca

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Welcome offer

Can your spending get the offer?

At $2,500 a month, here’s when you’d reach each step.

  1. 1

    $25

    Spend $75 in your first month.

    You’d reach it in month 1.

    • On purchases within the first 30 days

Offer end date not published.

Offer checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What critics say

Other reviewers on this card

7.4
Good
Expert Score How we score
  • Forbes (opens in a new tab) Mar 2023

    “The Walmart Rewards Mastercard is a good option for frequent shoppers of the retail giant—particularly those who want to spread out payments on big-ticket items without paying much interest.”

  • Yore Oyster (opens in a new tab) Jan 2023

    “The Walmart Rewards Mastercard is an excellent store credit card for people who shop often at Walmart's physical and online stores. With this credit card, you'll earn 1.25% qualifying purchases plus Walmart Reward Dollars, which can be spent at eligible partner stores at a rate of 1:1 with CAD.”

  • SAVVY New Canadians (opens in a new tab) Oct 2022
    8.4

    “If you are looking for a no-frills cash back credit card and do most of your shopping at Walmart, this card is worth looking at. It does not have an annual fee, so you won’t have to worry about paying a fee for simply having the card in your wallet. It offers a 1.25% cash back rate when you make purchases at a Walmart store or online at Walmart.ca. The cash back rewards offered by this card are not shabby.”

  • Finder (opens in a new tab) Aug 2022

    “The Walmart Rewards Mastercard is a no-fee, no-frills customer loyalty credit card. It offers a 1.25% return on purchases made in-store or online at Walmart, and 1% everywhere else. Get up to $25 in bonus Walmart Reward Dollars. as a welcome bonus and a couple of added benefits like access to exclusive events and Zero Liability Protection right off the bat, but you’ll need to pay more for features like balance protection and extended warranty coverage.”

  • MoneySense (opens in a new tab) Apr 2022

    “The Walmart Rewards Mastercard and World Mastercard are suited to loyal Walmart shoppers, and families in particular, who want a simple rewards system for everyday purchases. For those looking to shop at Walmart online, the Walmart Rewards World Mastercard does offer the highest incentive. Both credit cards do that well with an easy-to-understand earn and redeem structure. At no annual fee for both cards, this can be a great option for those who want to simplify their rewards portfolio.”

  • Money We Have (opens in a new tab) Jan 2022

    “My Walmart Rewards Mastercard review is positive. Although I would love to see additional benefits specific to Walmart customers such as price protection and extended return policy, this is a decent card for people who do most of their shopping at Walmart.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Mastercard Global Services
  • Get Delivery Pass free for up to 3 months every year
  • Get 3 months free Walmart+
Fees and interest

What it costs

Annual fee
None
Purchase interest
21.99%
Cash advance interest
27.99%
Foreign currency fee
2.5%
All fees and rates

Fees

Cash advance fee
$4.00, $8 if done outside Canada
Balance transfer fee
$4.00, $8 if more than $1000
Over-limit fee
$25
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
27.99%
Source
Issuer page

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With typical spending. This card: $280 year one, $255 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the Walmart Rewards™ Mastercard®?

There is no annual fee.

How much is the Walmart Rewards™ Mastercard® welcome offer worth?

$25 after you spend $75 in the first 1 months, worth about $25.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

21.99% on purchases. Cash advances are 27.99%.

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. This page is general information and isn’t financial advice.

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

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$280
year one for you
Apply now on Walmart’s site (opens in a new tab)
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