Is my Walmart card a credit card?

Is Your Walmart Card a Credit Card? It Depends.

Walmart offers two distinct cards that often get lumped together: the Walmart Rewards Mastercard and the Walmart Store Card. While both carry the Walmart name and offer attractive perks, understanding their core differences is crucial for maximizing their benefits. So, is your Walmart card a credit card? The answer depends on which one you have.

The Walmart Rewards Mastercard, issued by Capital One, is a true credit card. This means it can be used anywhere Mastercard is accepted – from your local grocery store to online retailers and even internationally. It provides cashback rewards, primarily focused on Walmart purchases (5% back using Walmart Pay, 2% at Walmart fuel stations and Walmart and Murphy USA gas stations, and 2% in Walmart stores and on Walmart.com, then 1% on all other purchases), but its widespread acceptance makes it a versatile option for everyday spending.

The Walmart Store Card, on the other hand, is a closed-loop credit card. This means its use is restricted to Walmart stores and its online platform, Walmart.com. While it also offers cashback rewards (5% back using Walmart Pay, 2% at Walmart fuel stations and Walmart and Murphy USA gas stations, then 2% in Walmart stores and on Walmart.com), its limited acceptance makes it less flexible than the Mastercard. Think of it as a specialized tool for saving money specifically at Walmart.

Both cards boast no annual fee, making them appealing for budget-conscious shoppers. However, the key differentiator is acceptance. If you’re looking for a card primarily for Walmart purchases and prefer the simplicity of a store card, the Walmart Store Card might be a good fit. But, if you need a card for broader everyday spending and want to earn rewards beyond Walmart, the Walmart Rewards Mastercard is the better choice.

Ultimately, determining if your Walmart card is a credit card in the traditional sense depends on whether it carries the Mastercard logo. If it does, you’ve got a versatile credit card for use anywhere Mastercard is accepted. If not, you have a valuable tool for maximizing savings specifically within the Walmart ecosystem. Choosing the right card comes down to understanding your spending habits and which card’s features best align with your needs.