How To Apply For Walmart Credit Card
Walmart is the nation’s one of the most popular and largest retailers that accept credit cards, such as Visa, American Express, and MasterCard, etc. In addition to that, they also offer you two different Walmart-branded cards. If you are one of the regular customers of the retail store, then you can apply for any of the two cards to enjoy the many additional benefits. Whether you make a purchase in-store or you buy online, you can use these cards, anytime. Additionally, the Walmart-branded credit cards can also be used at the Murphy and Walmart gas stations. Here, you will learn how to apply for the Walmart Credit Card online on their website. You will also learn the perks, rates and other details about the available cards.
Available Walmart Credit Cards
There are two types of the card available that you can choose from. The first option is the Walmart Credit Card that you can use only at the Walmart.com, Walmart, and at the Murphy USA gas stations. This credit card can also be used at the Sam’s Club. The other option is called The Walmart MasterCard. You can make purchases using this card wherever MasterCard is accepted.
Whatever credit card you pick, you the same rewards program with it. Here is what you get with the two cards:
- The cashback rate on the purchases that you make at Walmart.com is 3%. It includes the items that you order on the web and picks up at a store location.
- On every single purchase that you make at Walmart and Murphy USA gas stations, you will get 2% cash back.
- On your other purchases, including the purchases from the brick-and-mortar Walmart stores, the cashback rate is 1%.
The cash back is offered in the shape of credits on the next statement. If you have earned a $10 in the rewards in a month, then you will receive the $10 credit automatically on the statement of the next month.
Interest Rate
If you are looking for a grocery store credit card with the higher interest rate, then you should pick the Walmart Credit Card. It has an APR of 23.40%, while the MasterCard version has a variable APR of 17.40, 20.40, and 23.40 (depending on different credits). This interest rate was calculated by the Synchrony Bank in March 2017 that is the issuer of the cards.
Why One Should Apply For The Walmart Credit Card?
One downside of the two credit cards is that you don’t get the extra rewards for making purchases at the Walmart stores. This is a major benefit for which most of the people tend to apply for a store-branded credit card, but it isn’t available here. On the other hands, the rewards rate of 3% is only available at the Walmart.com. You get 1% when you make purchases in-store. This card is best for those who do a lot of online shopping. However, if you mostly make purchases in-store, then there are many other store cards that offer you the better rates.
Further, if you are someone who wants to save up all the credit card rewards for a big purchase in the future, then the Walmart Credit Card isn’t the option to pick. The rewards that you get will be turned into the statement credit, the next month. One big advantage of the available cards is that there is no annual fee. There is also a $0 fraud liability and you can manage your account online, anytime.
Instructions To Apply For Walmart Credit Card
It is really easy to apply for the card online on the web. You simply need to have an internet-connected computer in order to submit the online application on their website. To make the process look simple, here is what you need to do:
- Start the credit card application process by visiting the official Walmart Credit Card application page.
- On their official webpage, you can see an “Apply Now” button on the slider of the site. Click this button to get started.
Now, you will be directed to a new page where you are asked to sign in using your Walmart account by providing your email address and password. Enter the login details and click “Sign In” button to access your online account. If you don’t have an account yet, then click the button “Create a new account” that is available below the “Sign In” button. Enter your first name, last name, email address, and password and click “Create Account” to create your account. After logging in, you can apply for any of the two credit cards easily.
The rewards that you earn through their credit cards will never expire. They will be credited to your statement, every month, as long as your account is a good standing. For further details, you can go through their website or read the terms and conditions thoroughly before applying for the credit card.