Best Credit Cards For Walmart Of May 2024

If you’re looking for premium travel rewards and benefits and flexible rewards on Walmart purchases, look no further than the Capital One Venture X Rewards Credit Card (rates & fees). The card offers a high base rewards rate, flexible travel redemptions and premium perks to make up for its annual fee.

Rewards: Earn 2 miles per dollar on all eligible purchases, 5 miles per dollar on flights booked through Capital One Travel, 5 miles per dollar on Capital One Entertainment purchases through 12/31/25 and 10 miles per dollar on hotels and rental cars when booking via Capital One Travel.

Welcome offer: Earn 75,000 bonus miles after spending $4,000 on purchases within the first three months of account opening.

Annual fee: $395

Other benefits and drawbacks: In addition to an early spend bonus, you’ll earn 10,000 bonus miles each year starting on your first anniversary. What’s more, you’ll get $300 in credits toward travel reservations through Capital One Travel each year. These two benefits alone offset the card’s annual fee.

On top of that, you’ll get cellphone protection when you use the card to pay your phone bill, an application credit toward Global Entry or TSA PreCheck® membership and complimentary access to Capital One, Priority Pass and Plaza Premium lounges when you fly.

When you’re ready to redeem rewards, you can use them to cover travel booked through Capital One Travel, or you can simply request a statement credit for a travel purchase you’ve recently made with the card. The card also allows you to transfer your miles to several airline and hotel loyalty programs.

The Chase Freedom Flex℠ offers a high rewards rate on categories that rotate every few months, and Walmart is often included at least one quarter a year. PayPal is also sometimes included as a bonus category, and Walmart allows customers to make both in-store and online purchases via the third-party payment service. With several other opportunities to earn bonus rewards throughout the year, the Freedom Flex can be a great choice for someone who doesn’t shop exclusively at Walmart.

Rewards: Earn 5% cash back on up to $1,500 in combined purchases in categories that rotate quarterly (requires activation), 5% cash back on travel purchased through Chase Travel℠, 3% cash back on dining and drugstores and 1% cash back on all other purchases.

Welcome offer: Earn a $200 bonus after spending $500 on purchases in the first 3 months from account opening.

Annual fee: $0

Other benefits and drawbacks: New cardholders will get a 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24% applies. Balance transfer fee of up to 5% (min. $5) of the amount of each transfer applies.

You’ll also receive a complimentary three months of DoorDash DashPass, a complimentary three months of Instacart+ membership (plus $10 in quarterly statement credits) through July 31, 2024 and 5% cash back on Lyft rides through March 31, 2025.

That said, the card’s base rewards are low, so it’s not the best option for Walmart purchases unless you’re earning the elevated rewards rate.

The Capital One Walmart Rewards® Mastercard®* offers excellent rewards on Walmart.com purchases, including pickup and delivery. Additionally, you’ll get a bonus rewards rate on in-store purchases during the first year when you use the Walmart Pay app.

Rewards: Earn 5% cash back on purchases made at Walmart.com and the Walmart app, including grocery pickup and delivery, 2% cash back on restaurants and travel, and at Walmart Stores, Walmart & Murphy USA fuel stations and 1% back everywhere else.

Welcome offer: Earn 5% cash back on purchases made in Walmart stores for the first 12 months of account opening when using the Capital One Walmart Rewards card with Walmart Pay.

Annual fee: $0

Other benefits and drawbacks: The card’s biggest drawback is that it doesn’t offer an outsized rewards rate on in-store Walmart purchases after the first year. But you can skirt that and get the higher rate if you use the pickup option online or in the Walmart mobile app.

If you want a high rewards rate on all of your purchases, including Walmart, the Wells Fargo Active Cash® Card is tough to beat. It’s an ideal catchall card for those who crave simplicity in a rewards program.

Rewards: Earn 2% cash rewards on purchases.

Welcome offer: Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.

Annual fee: $0

Other benefits and drawbacks: As a new cardholder, you’ll get a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 20.24%, 25.24%, or 29.99% variable APR applies. Balance transfers made within 120 days qualify for the intro rate and fee of 3% then a fee of up to 5%, with a minimum of $5 applies.

You’ll also get up to $600 in cellphone protection when you use your card to pay your phone bill (subject to a $25 deductible).

Whether you shop exclusively at Walmart or spread your spending across multiple retailers, the U.S. Bank Shopper Cash Rewards® Visa Signature® Card* offers fantastic rewards on two retailers of your choice each quarter and an above-average base rewards rate on other purchases.

Rewards: Earn 6% cash back each quarter on combined eligible purchases from two retailers of choice ($1,500 limit), 5.5% cash back on prepaid car and hotel reservations booked through the Rewards Center, 3% cash back each quarter in one everyday category of choice ($1,500 limit) and 1.5% cash back on everything else.

Welcome offer: Earn $250 after spending $2,000 in eligible purchases within the first 120 days of account opening.

Annual fee: $0 intro annual fee for the first year, then $95

Other benefits and drawbacks: The card’s cap on its 6% rewards rate limits your cash-back potential, but with a high base rewards rate, it can still outperform similar cards.

However, the card’s annual fee after the first year makes it less attractive if you’re not maxing out the bonus rewards every quarter, and there are no other notable benefits to help offset that cost.

If you generally shop at Walmart in-store, using the PayPal Cashback Mastercard®* and making your purchase via PayPal will get you a better rewards rate than Walmart’s own credit card.

Rewards: Earn 3% cash back when checking out with Paypal and 2% on all other purchases.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: Unfortunately, this card doesn’t offer any notable benefits beyond a high rewards rate.

The Platinum Card® from American Express (Terms apply, see rates & fees) offers a long list of valuable travel and lifestyle benefits, including a monthly credit when you use the card to pay for Walmart+. The benefit is worth $155 annually and includes free delivery from your store, free shipping with no order minimum, 10 cents off per gallon of gas at Exxon, Mobil, Walmart and Murphy fuel stations, a Paramount+ streaming subscription and more.

Rewards: Earn 5 Membership Rewards Points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases.

Welcome offer: Earn 80,000 Membership Rewards Points after spending $8,000 on eligible purchases on the card in the first 6 months of card membership.

Annual fee: $695

Other benefits and drawbacks: The card also offers a suite of other premium perks, including hundreds of dollars of credits every year toward incidental airline fees, digital entertainment, prepaid hotel bookings through Amex Travel, Uber Cash, Saks Fifth Avenue purchases, an Equinox+ subscription and others.

You’ll also get complimentary access to several airport lounge networks, elite status with Hilton Honors and Marriott Bonvoy, enhanced access to expedited airport security screening and more travel benefits.

That said, the card’s base rewards rate is low, so it’s not the best option for making Walmart purchases. And if you can’t take advantage of most of the card’s perks, its steep annual fee may not be worth it.

If your credit isn’t in good enough shape to get the Capital One Walmart Rewards® Mastercard®*, you’ll be automatically considered for the Walmart Rewards Card*, making it a better choice if you don’t have good credit. That said, the card offers the same rewards rates on in-store and Walmart.com purchases.

Rewards: Earn 5% cash back in Walmart stores for the first 12 months when using the card with Walmart Pay. After that, earn 5% cash back at Walmart.com, including pickup and delivery, 2% cash back in Walmart stores and gas stations and 1% back at Sam's club stores and Sam's Club gas stations.

Welcome offer: This card does not offer a welcome bonus.

Annual fee: $0

Other benefits and drawbacks: The main drawback to the Walmart Rewards Card* is that you can only use it for Walmart purchases—the card doesn’t run on the Mastercard network, so it’s not accepted anywhere else.

It also has a high APR, so it’s best to avoid carrying a balance on the card, if possible—though the same could be said for nearly every other credit card.