A Walmart credit card is a store-specific card that offers exclusive perks for shopping at Walmart.
It’s a great way to save money, with benefits like cashback on purchases and discounts at Walmart and its affiliated stores.
This guide will walk you through each step of the application process, ensuring you have everything you need to get started.
Check Eligibility
Meet the basic eligibility requirements before applying for a Walmart credit card. This will help speed up the process.
Here’s what you need to know:
- Age Requirement: You must be at least 18 years old to apply.
- U.S. Resident: You need to be a legal resident of the United States.
- Social Security Number: A valid Social Security number is required for the application.
- Credit History: While Walmart doesn’t specify a minimum credit score, a fair credit score or better is recommended for a higher chance of approval.
Gather Necessary Documents
To apply, you’ll need a few key documents to ensure a smooth process. Here’s what you’ll need:
- Social Security Number: You will need your Social Security number for identity verification.
- Proof of Income: Some applications may require proof of income to assess your ability to repay.
- Contact Information: Have your address, phone number, and email ready.
- Employment Details: You may be asked to provide your employer’s name and job title.
Visit the Walmart Credit Card Application Page
Once you’re ready to apply, the next step is to find the application page.
This is where you’ll complete the process online. Here’s how to get there:
- Go to Walmart’s Website: Visit the official Walmart website or open the Walmart mobile app.
- Find the Credit Card Section: Look for the “Credit Cards” link at the bottom of the page or in the menu options.
- Choose the Right Card: You’ll typically see options for the Walmart Rewards Card or the Walmart Mastercard. Select the one that suits your needs.
Fill Out the Online Application Form
Once you’ve reached the application page, you’ll need to complete the online form.
This step requires you to provide your personal and financial details. Here’s what to expect:
- Personal Information: You’ll be asked to provide your full name, address, date of birth, and phone number.
- Employment and Income: Fill in details about your employer and annual income to help assess your ability to repay.
- Authorization to Pull Credit: You’ll need to grant permission for Walmart to check your credit history as part of the application process.
- Review: Double-check all the information you’ve entered to ensure accuracy before moving forward.
Review Terms and Conditions
Before you submit your application, reviewing the terms and conditions of the Walmart credit card is crucial.
This will help you understand the costs and benefits of the card. Here’s what to focus on:
- Interest Rates: Check the APR (Annual Percentage Rate) for purchases, cash advances, and balance transfers.
- Fees: Look for any fees associated with the card, such as annual fees, late payment fees, or foreign transaction fees.
- Rewards Structure: Review how the rewards work, including earning rates for purchases at Walmart and elsewhere.
- Credit Limit and Benefits: Understand your potential credit limit and any introductory offers, like 0% interest for a certain period.
- Late Payments and Penalties: Note the penalties for late payments and their impact on your credit score.
Submit Your Application
Once you’ve reviewed all the details, it’s time to submit your application. This is the final step before waiting for approval. Here’s what to do:
- Double-Check Your Information: Ensure all your personal, financial, and employment information is accurate.
- Agree to the Terms: Confirm that you’ve read and accepted the terms and conditions of the credit card.
- Click Submit: Once you’re confident everything is correct, click the “Submit” button to send your application.
- Confirmation: You’ll receive a confirmation message or email acknowledging your submission.
Wait for Approval or Denial
After submitting your application, the next step is to wait for a decision.
Walmart will review your information and credit history to determine if you qualify for the card. Here’s what to expect:
- Instant Decision: In some cases, you’ll receive an immediate decision on whether you’re approved or denied.
- Approval Notification: If approved, you’ll typically receive details about your credit limit, APR, and any initial offers.
- Denial Notification: If denied, you’ll be notified via email or mail and may receive a reason for the decision.
- Review Your Credit: If you’re denied, you can request a free credit report to understand what factors contributed to the decision.
Features and Benefits
The Walmart credit card offers a range of features and benefits designed to help you save money while shopping at Walmart and its affiliated stores.
Here’s a breakdown of what you can expect:
- Cashback Rewards: Earn cashback on purchases at Walmart, including Walmart.com, and at Walmart gas stations.
- Special Financing Offers: Take advantage of promotional financing on purchases over a certain amount.
- No Annual Fee: The Walmart credit card does not charge an annual fee, making it cost-effective.
- Exclusive Cardholder Discounts: Enjoy exclusive discounts on select products or services, both in-store and online.
- Access to Walmart Pay: Easily link your Walmart credit card to the Walmart Pay app for a convenient checkout experience.
- Mastercard Option: The Walmart Mastercard offers extra rewards on purchases outside Walmart, including at gas stations and restaurants.
- Easy Online Account Management: Manage your account, track rewards, and make payments through the Walmart website or mobile app.
- Special Financing: For larger purchases, you may be eligible for 0% APR financing if paid in full within a promotional period.
Interest Rates and Fees
The Walmart credit card comes with specific interest rates and fees that you should know.
Understanding these costs will help you manage your account effectively. Here’s a breakdown:
- APR for Purchases: 17.99% – 26.99% depending on your creditworthiness
- APR for Cash Advances: 26.99%
- APR for Balance Transfers: 26.99%
- Late Payment Fee: Up to $39
- Returned Payment Fee: Up to $39
- Foreign Transaction Fee: $0 (if you have the Walmart credit card, but charges may apply with the Mastercard)
- Annual Fee: $0
- Cash Advance Fee: Either $5 or 3% of the cash advance amount, whichever is greater
- Balance Transfer Fee: Either $5 or 3% of the transferred amount, whichever is greater
Contact Information
For any questions or assistance regarding the Walmart credit card, you can reach out to customer support through the following channels:
- Phone Number: Call Walmart Credit Services at 1-877-294-7880 for inquiries about your application, account management, or billing.
- Email Support: You can contact Walmart customer service via their online help center for general inquiries.
- Website: Visit the official Walmart Credit Card page for detailed information and account management options.
To Sum Up
Applying for a Walmart credit card is simple and offers benefits like cashback rewards and exclusive discounts.
By following the steps outlined in this guide, you can ensure your application goes smoothly.
Don’t wait—visit Walmart’s website today to start your application and take advantage of the card’s perks!
Disclaimer
The information provided in this guide is for general purposes only and may be subject to change.
Please refer to Walmart’s official website or contact their customer service for the most up-to-date details.
