Walmart offers two different credit cards: The Walmart® Discover® Credit Card and The Walmart Credit Card. Both cards offer savings on your gasoline purchases and have no annual fee. Let’s take a look at all the details.
Walmart® Discover® Credit Card
The Walmart® Discover® Credit Card is a cash back rewards card that can be used anywhere Discover is accepted. With this credit card offer you can earn up to 1% cash back on all purchases. The card gives no interest on purchases for $599 or more on electronic purchases if paid off in 24 months. Here’s an overview of what the card offers:
- Earn up to 1% cash back on all purchases
- Accepted everywhere you see the Discover® Network Acceptance Mark
- Save 5¢ per gallon at participating Walmart gas stations in the U.S.
- Receive your free monthly FICO® Score when you enroll in electronic statements online
- Get a cash advance at the time of purchase
- Pay no annual fee
- $0 fraud liability
You can apply for the Walmart® Discover® Credit Card by completing an online application.
Get 5% Cash Back Instead of 1%
If you are looking for a cash back card that earns more than 1% then consider the Discover it™ card which gives 5% cash back in rotating categories. The card also gives an introductory rate of 0% for 6 months*. This works well if you need extra time to pay off the charges on a purchase and there are no dollar amount restrictions like with the Walmart® Discover® Credit Card. Check out our Discover it™ Card Review for more details.
Walmart Credit Card
The Walmart Credit Card is a basic card that can be used at Walmart stores only. This card is not a cash back card, but it does offer some perks to cardholders. You can save 5¢ per gallon at participating Walmart gas stations in the U.S. and there is no annual fee.
- Save 5¢ per gallon at participating Walmart gas stations in the U.S.
- Receive your free monthly FICO® Score when you enroll in electronic statements online
- Get a cash advance at the time of purchase
- Pay no annual fee
- $0 fraud liability
You can apply for the Walmart Credit Card by completing an online application.
Rates and Offers
Both Walmart Cards always have special rates that give you 0%. It’s important to check the offer before applying because they do change. Right now, you get 0% for 24 months on any electronic purchases totaling $599 or more. This offer is valid until February 8, 2013. This is perfect if you need some extra time to pay off your big purchase. The regular rate you receive is based on your creditworthiness.
The standard purchase APR is currently 9.87%, 15.87%, 18.87%, or 19.87%, based on your creditworthiness.
Credit Card Rewards
Both credit cards offer special bonus offers and rewards. Currently, when you open an account and make a purchase you get $20 back on a $100 purchase at Walmart.com. To qualify you have to apply online, make an online purchase and spend $100.
Walmart® Discover® Credit Card vs Walmart Credit Card
If you are interested in applying for the Walmart® Discover® Credit Card or the Walmart Credit Card visit the Walmart website.
