Many of the credit card offers that appear on this site are from credit card issuers from which MillionMileSecrets.com receives compensation. Compensation does not impact the placement of cards on Million Mile Secrets other than in banner advertising. MillionMileSecrets.com does not include all credit card offers that might be available to consumers in the marketplace.

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Earn 5% back at Walmart with new Capital One cards

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.

Earn 5% back at Walmart with new Capital One cards

Jason StaufferEarn 5% back at Walmart with new Capital One cardsMillion Mile Secrets Team

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full Advertising Policy.

INSIDER SECRET: You can only have up to two personal Capital One branded cards, like the Capital One® Venture® Rewards Credit Card or the Capital One® Savor® Cash Rewards Credit Card at the same time, but cobranded cards (Walmart cards, etc.) aren’t included in this restriction.

Starting Sept. 24, 2019, applications will be open for two new Walmart credit cards, which will be issued by Capital One. If you are a current Walmart cardholder you will be automatically converted to one of the new cards on Oct. 11, 2019.

Let’s take a look at the benefits of each card.

New Capital One Walmart credit cards

As an intro offer on both of the new cards, you’ll earn 5% back on in-store Walmart purchases made with the Walmart Pay app for the first 12 months. If you are a current Walmart cardholder you will be able to take advantage of this introductory offer through Oct. 14, 2020.

Both cards also have no foreign transaction fees and no annual fees. In addition to that, the Capital One Walmart Rewards credit card will earn:

  • 5% back at Walmart.com (including grocery pickup and delivery)
  • 2% back for restaurant and travel purchases
  • 2% back on Walmart purchases made in-store (outside of the intro offer period)
  • 1% back on all other purchases

And the Walmart Rewards card (exclusively for Walmart purchases) will earn:

  • 5% back at Walmart.com and through the Walmart app
  • 2% back in-store at Walmart and Walmart gas stations

If you do most of your shopping at Walmart, the potential to earn 5% back is a solid deal, on par with the 5% back you’d get at Amazon with an Amazon cobranded card. The biggest drawback is that after the first year, you’ll only earn 2% back on in-store purchases (made through Walmart Pay), so it makes the card a bit less useful. And it isn’t the best credit card for restaurants or a top credit card for travel purchases.

You will be able to redeem rewards for gift cards, statement credits or travel (through the Capital One travel portal), so you aren’t just limited to redeeming your rewards at Walmart.

For the latest tips and tricks on traveling big without spending a fortune, please subscribe to the Million Mile Secrets daily email newsletter.

Featured image by QualityHD/Shutterstock.

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry that something went wrong, repeat again!

1comment

by Newest
by Best by Newest by Oldest
Clifford Woodards II

How old is that Walmart picture? Walmart hasn’t had more than two cashiers at a time outside of Christmas in 10 years.