Question: Is The Walmart Credit Card Worth It?

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..

What credit card can I get with a 550 credit score?

The best credit cards for a 550 score:OpenSky® Secured Visa® Credit Card.Discover it® Secured.Credit One Bank® Platinum Visa® with Cash Back Rewards.Secured Mastercard® from Capital One.Milestone® Mastercard® – Less Than Perfect Credit Considered.

Can I use my Walmart card for gas?

A Walmart Credit Card can only be used in Walmart stores, Sam’s Club, Murphy’s USA gas stations, and on walmart.com.

Can I only use my Walmart credit card at Walmart?

Can You Use the Walmart Credit Card Anywhere? The Capital One Walmart Mastercard can be used globally with all merchants that accept Mastercard for payments. Walmart also offers a private label store-only credit card that can only be used at Walmart stores or online at Walmart.com, however.

What bank is Walmart Mastercard?

Capital OneYour Credit Score Matters Those with lower scores may qualify for the Walmart credit card, which is an affiliated, store-only card. Both cards are issued by Capital One, one of the major banks in the U.S.

Can I use my Walmart Mastercard anywhere?

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

What are the benefits of a Walmart credit card?

Earn cash back for the things you buy everywhere, every day5% cash back. at Walmart.com, including pickup & delivery.2% cash back. in Walmart stores & fuel stations, at restaurants and on travel.1% cash back. Everywhere else Mastercard® is accepted.

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.

What credit card can I get with a 600 credit score?

Best credit cards if your FICO score is 600 to 649 overviewCredit CardBest ForCapital One Platinum Credit CardRebuilding creditSecured Mastercard® from Capital OneThe lower end of fair creditOpenSky® Secured Visa® Credit CardThose with little to no creditDiscover it® SecuredCashback rewards AND building credit6 more rows•4 days ago

Which credit card is best for Walmart?

For these three reasons, the following three cards offer a lot to like.Chase Freedom Unlimited® … Chase Freedom FlexSM. … Blue Cash Preferred® Card. … Capital One Venture Rewards Credit Card. … Chase Sapphire Preferred® Card. … Capital One VentureOne Rewards Credit Card. … Secured Mastercard® from Capital One. … Surge Mastercard®More items…•

How do I get cash from my Walmart credit card?

Normal cash advance: Call the number on the back of your card to request a PIN. Use that PIN at an ATM to withdraw cash. You can only do this with the Walmart Mastercard, not the Store Card. Walmart credit card cash advance fee: 3% (min $10).

What credit score do you need for Walmart credit card?

640Check your credit score. Make sure your credit score is at least 640 if you want the Walmart Store Card, or 700+ for the Walmart Mastercard. Otherwise, your chances of instant approval will be slim.

Where can I use my Walmart credit card for gas?

You can use your Walmart credit card for gas at Walmart, Murphy USA, Sam’s Club, and Walmart Neighborhood Market stations. And if you have the Walmart Mastercard, you can use it to buy gas at any station.

Is Walmart Credit Card hard to get?

It is not very hard to get a Walmart credit card. … The Walmart Mastercard accepts applicants with good credit, so a score of 700 or higher. The Walmart store card will accept applicants with fair credit (score of 640 or higher) and is therefore easier to get.

Do Walmart credit cards build credit?

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.

Does Walmart automatically increase credit limit?

They change your limit whenever they want. They even will lower it below your balance, which greatly negatively impacts your credit report. Also, they? ll take large payments and apply it to new purchases, just so they can continue to charge you interest on older purchases.

Can I get a Walmart credit card with a 600 credit score?

Walmart reports that you’re “more likely to be approved” for their Mastercard credit card with a score of 640 or higher. There are user reports of being approved with a score as low as 600. Ensuring your revolving balances are low and that you have less than six inquiries will help.