In this guide, I am going to write about the Walmart credit card reviews which will help you to make the understanding about Walmart cards. Therefore, I can surely say that when Sam Walton founded the first Walmart store in 1962, he had no idea that the single store will expand in more than 12,000 plus locations in 28 countries with the estimated workforce of more than 2.2 million employees.
Indeed, who can imagine that the single store will become the worlds largest retail giant with more than $470 billions revenue per year Ohh, it’s the big success story and we all know that Walmart provides the wide range of general things and you can buy anything easily from a simple chocolate to clothes. However, if you have Walmart credit card then you can also buy anything to save lots of money from your monthly budget by using the Walmart credit cards.
So let’s move towards the Walmart Credit Card Reviews.
Walmart Rewards – Walmart Credit Card Reviews
We already know that Walmart provides the two type of credit cards, this first one is Walmart credit card and the second one is Walmart MasterCard and if we generally talk about the rewards program then Walmart provides the rewards on both credit cards as per the card policies.
As we are talking about the Walmart credit card rewards, Walmart provides the good return for the online shoppers that is 3% cash back on every single purchase that you made on www.Walmart.comand Walmart App. If you have Walmart credit card then you people can also earn the 2% cash back on Walmart superstores and USA Murphy Gas Stations. Here you must keep in thing in your mind that this is the competitive rate just for those people who live nearby and this option is not available in every location. To find the nearest Walmart location move here. Other then this, Walmart also provides the 1% rewards on Store purchases but it not really good even if you people add 1% of Sams Club.
Walmart Credit Card Perk – Walmart Credit Card Reviews
To take this conversation ahead, I would like to tell you about Walmart Credit Card biggest perk and that is Walmart signup bonus. Yes whenever you sign up for the Walmart credit card, you will get $25 statement credit after your first purchase of $25 or more that you made with your card on the same approval day. Well, It’s not the big bonus that Walmart gives but they will not charge any Walmart credit card annual fee.
No doubt that the bonus us very less and you people can only earn when you apply or you make any purchase through online stores and Murphy gas stations on the same day when you get approval. Other then this, you people will also not earn the rewards on your initial bonus earning the purchase. Besides this, you people can get the instant Walmart credit card certificate when you apply for Walmart credit card and you don’t get the approval immediately. That particular will help you to make purchases to avail the discount at Walmart.
Walmart Credit Card Requirements And Approval – Walmart Credit Card Reviews
Lots of people have made the miss conception in the market that getting Walmart credit card is not easy. Let me tell you getting the Walmart Credit card is very simple and easy. You won’t need to extraordinary credit to get the approval. You people can apply with the 620 or above credit score. This will help you to get the Walmart credit card approval. Typically, you people can apply for the Walmart credit card at the store but I will suggest you to always apply for Walmart credit card online because this will help you to earn the $25 sign up bonus.
If you don’t know how to apply for Walmart credit card online then read the complete step by step guide here to apply for Walmart credit card online.
Which Card Is Better To Use At Walmart
Doing shopping at Walmart can be very beneficial because you can find them almost everything from Walmart. But I will always suggest you to not limit your self as you have lots of many other options too. I am not saying that don’t do for Walmart and Walmart credit cards but I am telling you that must keep the other options in your pockets.
As you have observed that Walmart credit cards have few caveats and it is only beneficial for those Walmart shoppers who spend lots of money to making purchases at Walmart and Walmart.com along with Murphy gas stations, Sams club and Walmart Neighbourhood market.
If you are not the regular shopper of Walmart, then I will recommend you to must use open-loop credit cards because these cards are acceptable at every place where the other cards are accepted.
If you people don’t know what is open-loop cards then read the below difference between open loop and closed-loop cards.
Difference Between Open loop and Closed Loop Cards
Well, open loop is the term that usually people use to describe the General purpose cards that carry the MasterCard, Discover Cards, American Express or Visa logo and can be used wherever those cards are accepted. Open-loop cards have a price for their convenience — they are more likely to carry fees. Closed-loop cards, by contrast, can be used only in a single store or group of stores, but almost never come with fees. Www.creditcards.com
Walmart Credit Card Cash Back
Now let’s discuss something about Walmart credit card cash back rewards. As we discussed, the basic Walmart credit card will give you just 1% cash back on in-store purchasing as well as you people will also be able to use at hundreds of additional merchants.
Besides this, there are many cash back cards that offer the 2%, 3% or even 5% cash back rewards in the form of bouns category.
0 Percent APR – Walmart Credit Card Reviews
If you people have an intent to carry the balance then let me tell you, with an over 20% APR, the Walmart credit card is a bad idea for you. Becuase you interest fees will imideatily overcome on your earned rewards. But here I have a solution for you guys to avoid the extra paying for your purchases. All you have to do that is take the advantage of the credit cards with an introductory 0% APR. This type of offers you can use for the 12 months without taking tension of interest fees.
What others Are Talking About Walmart Credit Cards
The Walmart® credit card options are best for people with low credit scores who can’t get better rewards credit cards elsewhere. They provide decent 0% financing options and some savings on gas purchases. The Walmart® MasterCard® will also get you a 1% savings on all purchases, regardless of where they are made. If your FICO score is below 630, there are probably few options that can provide you with discounts that are as good as this, and with no annual fee. valuepenguin
The biggest problem with Walmart’s credit cards is that they don’t give you any extra rewards for actually shopping at Walmart stores, which should be the main benefit of a store-branded card. The 3% rewards rate is available only at Walmart.com. Go to the physical store, and you get 1%. If you do a ton of online shopping through Walmart, this card might be worth your while. But if your Walmart experience is mostly in-store, you can get a better rate on many other cards. nerdwallet
Consumers with no credit or average credit may have a shot at qualifying for the Walmart® Credit Card (the store card), so it may be an option for 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. creditsesame
The Walmart store card offers very little in the way of rewards. You only get bonus cash back at Walmart.com and certain gas stations. Even the 1% cash back on all other purchases is less generous than what other cash back cards offer. creditdonkey
If you regularly buy groceries or other items at Walmart.com and Walmart or simply fill your tank at Walmart or Murphy USA, then a Walmart credit card can be valuable. That is, if you’re a responsible cardholder! upgradedpoints
These were the Walmart credit card reviews as an author of Creditcardsfair.com. I hope this guide will enjoy this guide. If you are still confused regarding the usage of Walmart credit card then let me make it more easy for you. If you people are the regular shopper of Walmart then I will recommend you to use the Walmart credit cards because you can get the 3% 2% 1% cash back rewards by spending lots of amount on purchasing. But if you are not a regular shopper of Walmart then you must switch on the open loop credit cards that you can use wherever the credit cards are accepted.