Skip to content
Mr. Loonie
Walmart Rewards™ World Mastercard®

Walmart Rewards™ World Mastercard®

7.1
Good
Expert Score · 6 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 #110 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

7.1
Good
Expert Score How we score
  • Frugal Flyer (opens in a new tab) May 2026

    “The Walmart Rewards World Mastercard is an ok credit card that offers average cash back rates, considering it has no annual fee. For those who find themselves often visiting a Walmart store, these locations do not tend to code as grocery purchases. As a result, this credit card may be the best option only if you find yourself frequently shopping at Walmart and want to maximize the return on your Walmart purchases.”

  • Money.ca (opens in a new tab) Apr 2025

    “The Walmart Rewards World Mastercard can be worth owning as a secondary credit card, providing you shop regularly in-store and online at Walmart. The card has no annual fee, you can earn up to 5% on Walmart purchases, and it comes with purchase assurance and extended warranty protection. However, we recommend keeping a more flexible rewards card as your primary credit card, due to its lack of insurance coverage and redemption options outside of Walmart.”

  • Money We Have (opens in a new tab) Jan 2023

    “My Walmart Rewards World Mastercard is positive. Even though it doesn’t come with many additional benefits, it gives a good earn rate at Walmart stores and online at Walmart.ca. If you’re worried about the minimum income requirement, there is a lower-tier card available in the Walmart Rewards Mastercard.”

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

    “Those who regularly shop at Walmart can earn up to 3% cash back at the retailer, which is not bad. Also, frequent shoppers will find it easier to redeem their rewards. If you prefer to have a lot more flexibility in how and where you can spend your cash back rewards, these alternative cards are better, in my opinion.”

  • 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.”

  • MoneyGenius (opens in a new tab) Feb 2021
    6

    “The Walmart Rewards World Mastercard may seem like a no-brainer for anyone who shops at Walmart, but...not so fast. Its 3% earn rate only applies to purchases made online at walmart.ca, and after that the earn rate drops to between 1% and 1.25%. While that's not a terrible earn rate, you have to remember that you're earning Walmart Rewards, not cash back, and can only redeem those rewards on Walmart purchases.”

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

  • Extended warranty Included
  • Purchase protection Included
  • Mastercard Global Services
  • Get Delivery Pass free for up to 6 months every year
  • 6 months free Walmart+ every year
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read Walmart’s insurance certificate before you count on any coverage.

Not included

Not listed for this card: travel medical, trip cancellation, trip interruption, flight delay, lost baggage, car rental damage and mobile device.

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™ World Mastercard®?

There is no annual fee.

How much is the Walmart Rewards™ World 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%.

Does it include insurance?

It lists extended warranty and purchase protection. Read the insurance certificate for the limits.

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)
Compare
Compare is full