Applying for a Walmart Credit Card can be a smart move for frequent shoppers looking to save money and earn rewards. This guide breaks down the steps you need to take for a smooth and successful application process.
We’ll cover all the essential details, whether you’re applying online or in-store. By the end of this article, you’ll know precisely how to use and what to expect.
Walmart and Capital One Partnership
Walmart partnered with Capital One to offer credit card services, making it easier for shoppers to access flexible payment options.
Capital One manages the application process, approvals, and account management. This partnership provides rewards and financing benefits for cardholders.
Types of Credit Cards Walmart Offers
Walmart offers two credit card options, each with different benefits. Both are issued by Capital One and come with cashback rewards. Understanding the features helps you choose the right one.
Walmart Rewards Card
Features of this card:
- This is for Walmart purchases only (in-store and online).
- Earn cashback rewards on eligible purchases.
- There is no annual fee, making it budget-friendly.
Walmart Mastercard
Benefits of this card:
- Accepted anywhere Mastercard is used.
- Higher cashback rewards on Walmart.com purchases.
- Includes fraud protection and online account management.
Step 1: Check If You Are Eligible
Before applying, make sure you meet the basic requirements set by Capital One. Approval depends on factors like age, residency, and credit history. Meeting these criteria increases your chances of getting approved.
- Age requirements – Must be at least 18 (19 in some states).
- U.S. residency requirements – Must have a valid U.S. address.
- Minimum credit score needed – A fair to good credit score improves approval chances.
- Income verification – Proof of steady income may be required.
- Other essential eligibility criteria – No recent major credit issues like bankruptcies.
Step 2: Gather Your Documents
Having the correct documents ready speeds up the application process. You’ll need These key items to verify your identity and income.
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) – Used for identity and credit checks.
- Proof of identity – A government-issued ID like a driver’s license or passport.
- Proof of income – Recent pay stubs or tax returns to confirm financial stability.
Step 3: How to Apply
You can apply online or in-store for quick processing. Knowing the steps helps avoid mistakes and speed up approval.
Apply Online
Online applications are fast and convenient. Follow these steps:
- Go to the website – Visit Capital One or Walmart’s credit card page.
- Click “Apply Now” – Start the secure application process.
- Enter your details – Provide name, address, SSN, and income.
- Review and submit – Check for errors before submitting.
- Wait for a decision – Instant approval is possible, but some may need further review.
Apply In-Store
You can also apply at any Walmart store. A store associate can assist.
- Visit customer service – Request an application form.
- Provide identification – A valid ID and SSN are needed.
- Fill out and submit – Complete the form carefully.
- Wait for approval – Some get an instant decision, others take a few days.
What Happens Next?
After applying, the review process begins. Here’s what to expect:
- Instant approval or review – Some applications need further checks.
- Credit check – Capital One reviews your credit history.
- Approval or denial notice – You’ll get an email or letter.
- Card delivery – If approved, expect your card within 7–10 business days.
Step 4: Know the Terms and Conditions
Understanding the rates, fees, and rewards helps you use the card wisely. Make sure to check the details before applying to avoid surprises.
Interest Rates (APR)
Interest rates vary based on location and card type. The preferred rate is 21.89%, while cash advances have rates of 22.97% for most residents and 21.97% in Quebec.
The standard rate card has higher rates, with purchases at 26.99% and cash advances at 27.99%.
Fees to Be Aware Of
Some actions may lead to extra charges. Knowing these fees helps avoid unnecessary costs.
- Annual fee – None, making it budget-friendly.
- Late payment fee – A penalty applies if payments are missed.
- Cash advance fee – Extra charges for withdrawing cash using the card.
- Foreign transaction fee – May apply for purchases outside the U.S.
Step 5: Improve Your Approval Odds
A strong credit profile increases your chances of getting approved. Follow these simple steps to boost eligibility.
Tips to Get Approved
Lenders check creditworthiness before approval. These steps help improve your standing.
- Check your credit score – A higher score means better chances.
- Pay bills on time – Late payments hurt approval chances.
- Lower debt-to-income ratio – Less debt shows financial stability.
- Avoid multiple credit applications – Too many requests can lower your score.
- Have a steady income – Lenders prefer consistent earnings.
How Does Credit History Affect Approval?
A good credit history increases approval odds. Lenders look at past payments, credit utilization, and account age. Keeping a low credit balance and making payments on time improves approval chances.
Step 6: What to Do After Approval
Once approved, you must activate your card and set up online access. Using the card wisely helps you get the most out of its benefits.
How to Activate Your Card?
Activating your card is quick and easy. Follow these steps:
- Call the activation number – Use the phone number on the sticker attached to the card.
- Visit the website – Log in to Capital One’s activation page and enter the required details.
- Follow the prompts – Provide personal and security details to confirm activation.
- Remove the sticker – Once activated, the card is ready for use.
Setting Up Online Access
Managing your account online makes payments and tracking easier. Set up your account with these steps:
- Go to Capital One’s website – Click on “Set Up My Account”.
- Enter your card details – Provide the card number, SSN, and date of birth.
- Create a username and password – Use a strong password for security.
- Enable notifications – Set alerts for due dates and spending limits.
How to Use the Card Wisely?
Using the card properly maximizes rewards and prevents fees. Follow these tips:
- Use it for Walmart purchases – Earn the highest cashback rewards.
- Pay the full balance – Avoid interest charges by paying on time.
- Monitor your spending – Keep track using online account tools.
- Avoid cash advances – High fees and interest apply to cash withdrawals.
Step 7: Contact Information
For card-related questions or issues, contact Capital One’s customer service. Their support team handles billing, disputes, and account management.
You can reach them at 1-877-383-4802 or mail inquiries to P.O. Box 30285, Salt Lake City, UT 84130-0285. Always use official contacts to avoid scams.
Final Thoughts on the Application Process
Applying for a Walmart Credit Card is a simple process if you meet the eligibility requirements and have the correct documents ready. Once approved, activating the card and setting up online access ensures easy management.
Using the card wisely helps maximize rewards and avoid unnecessary fees. Staying on top of payments and account monitoring keeps your credit in good standing.
