Question: Is It Worth Getting A Walmart Credit Card?

How good does your credit have to be for a Walmart credit card?

Joyce Brown, CPA.

You probably can’t get a Walmart credit card with bad credit because it requires fair credit for approval.

That means your chances are best if your credit score is 640+..

Does Walmart give credit limit increases?

The best way to ask for a Walmart credit card credit limit increase would be to call the issuer’s customer service department at the number on the back of the card. They will be able to give you a sense of how long the process will take.

What is the maximum credit limit on a Walmart credit card?

You need fair credit (620+) to be eligible. The higher your score is, the higher you can expect your credit limit to be. There are reports of people getting Walmart Store Card limits of $400, $1,000 and $8,000.

Is Walmart Mastercard easy to get?

The Walmart Store Card requires fair credit for approval. That’s a score of 640+. The Mastercard is harder to get because it can be used anywhere Mastercard is accepted. The Store Card can just be used at Walmart, Walmart Neighborhood Market, Murphy USA, and Sam’s Club.

What are the benefits of having a Walmart credit card?

ProsGreat rewards rate on groceries if you order online.Select gas stations included in 2 percent bonus category.No foreign transaction fee.No minimum to redeem rewards.Rewards don’t expire.Card issued instantly upon approval via the Walmart App.Apply easily using your phone via the Walmart App or text message.More items…

Can you build credit with a Walmart credit card?

Both the Walmart Mastercard and the in-store credit card can help you build your credit if you use them responsibly. … If you pay it off every week, you can build your credit and earn rewards. Both Walmart cards are issued by Capital One as of 2019. There are $35 late fees associated with both cards.

Is the Walmart Mastercard worth it?

Walmart Rewards Mastercard product rating: 3.1 stars The Walmart Rewards Mastercard is a good card for anyone looking to earn a competitive 1% back on everyday spending. … The main drawbacks of the card are no insurance coverage and a rewards program that’s limited to Walmart.

Is Capital One taking over Walmart credit card?

Starting October 11, current Walmart cardholders will be converted to the Capital One® Walmart Rewards Mastercard® or the Walmart Rewards Card and will start benefiting from the new rewards program. … Non-Mastercard® Walmart cards will no longer be accepted for purchases at Sam’s Club.

Can you use a Walmart credit card anywhere?

You can use your Capital One® Walmart Rewards™ Mastercard® at: Anywhere Mastercard is accepted. Walmart Stores. Walmart Neighborhood Markets.