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Walmart Rewards™ World Mastercard® review

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Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
20.89%
Interest Rate: Purchases
20.89%
Balance Transfer
22.97%
Balance Transfer
22.97%
Rewards
1 - 1.25% cashback
Rewards
1 - 1.25% cashback
Signup Bonus
-
Signup Bonus
-


6/10
Informr score
The Walmart Rewards™ World Mastercard® currently has an Informr score of 6 out of 10. This score is based on our evaluation of 5 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Walmart Rewards™ World Mastercard® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Money We Have
Money We Have

My Walmart Rewards World Mastercard is positive. Even though it doesn’t come with many additional benefits, it gives a good earn rate at Walmart stores and online at Walmart.ca. If you’re worried about the minimum income requirement, there is a lower-tier card available in the Walmart Rewards Master...

- Barry Choi, Money We Have
SAVVY New Canadians
SAVVY New Canadians

Those who regularly shop at Walmart can earn up to 3% cash back at the retailer, which is not bad. Also, frequent shoppers will find it easier to redeem their rewards. If you prefer to have a lot more flexibility in how and where you can spend your cash back rewards, these alternative cards are bett...

- Enoch Omololu, SAVVY New Canadians
Frugal Flyer
Frugal Flyer

The Walmart Rewards World Mastercard is an ok credit card that offers average cash back rates, considering it has no annual fee. For those who find themselves often visiting a Walmart store, these locations do not tend to code as grocery purchases. As a result, this credit card may be the best optio...

- Hugh Campbell, Frugal Flyer
MoneySense
MoneySense

The Walmart Rewards Mastercard and World Mastercard are suited to loyal Walmart shoppers, and families in particular, who want a simple rewards system for everyday purchases. For those looking to shop at Walmart online, the Walmart Rewards World Mastercard does offer the highest incentive. Both cred...

- Winston Sih, Courtney Reilly-Larke, MoneySense
MoneyGenius
MoneyGenius

The Walmart Rewards World Mastercard may seem like a no-brainer for anyone who shops at Walmart, but...not so fast. Its 3% earn rate only applies to purchases made online at walmart.ca, and after that the earn rate drops to between 1% and 1.25%. While that's not a terrible earn rate, you have to rem...

- Jon Macleod, MoneyGenius

Details


Interest Rates
Regular APR Interest Rate 20.89%
Balance Transfer Interest Rate 22.97%
Cash Advance Interest Rate 22.97%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee $4.00

$8 if more than $1000

Cash Advance Fee $4.00

$8 if done outside Canada

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $25.00
Late Payment Fee $0.00
Promotions
Sign up bonus
  • $20 statement credit when you're approved and spend $50+ on the same day using the temporary shopping pass provided
  • $15 bonus after making two qualifying purchases within 30 days.
  • $10 bonus after you sign up for electronic statements.
Rewards
All Purchases 1% cash back
Restaurants No
Gas 1.25% cash back
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • 3% cash back on Walmart.ca
  • 1.25% cah back at any Walmart stores in Canada
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits

Mastercard Global Services

Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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