Walmart Rewards Mastercard Offer: Earn 3% Back, No Annual Fee, Great Welcome Bonus

The Walmart Rewards Mastercard stands out in Canada with enticing cashback and a no-fee structure. Cardholders earn 3% back in Walmart Reward Dollars on Walmart Canada purchases and 1% everywhere else. The standard interest rate is 21.89%, and there is no annual fee, making this card accessible to many. Upon approval, new users can receive a $25 bonus by spending $75 in their first 30 days at Walmart in a single transaction.

How to Apply: Step by Step

1. Visit the Walmart Rewards Mastercard application website.
2. Start the online application and fill in required personal information.
3. Provide details on income and employment.
4. Submit your application for instant review and approval status.
5. Wait for your physical card to arrive and activate for use.

Pros of the Walmart Rewards Mastercard

The card’s no annual fee is a huge advantage for budget-conscious Canadians. Every dollar you spend at Walmart earns 3% back, adding up quickly for frequent shoppers.

You’ll also enjoy a $25 welcome bonus with a $75 initial Walmart purchase, plus ongoing 1% rewards at any other retailer that accepts Mastercard. The minimum redemption is only $5, making it easy to use rewards often.

Cons of the Walmart Rewards Mastercard

The interest rate is typical for a retail card, so carrying a balance can be costly. There are limited travel or insurance perks compared to premium cards.

Cards are issued by Fairstone Bank, so some users may experience less familiar bank support compared to big banks. Redemption options are limited to Walmart stores and Walmart.ca.

Our Verdict

This is an excellent card for Walmart shoppers who want maximum rewards with no annual fee. If you mainly shop at Walmart and pay your balance in full, you’ll see the best results.

Those seeking travel benefits or premium features may want to look elsewhere, but as a no-fee everyday card, Walmart Rewards Mastercard delivers substantial value.