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moneyGenius Team
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Though Walmart is a household name thanks to its huge multinational reach with its chain of department stores, the financial services branch may be a bit lesser known. This is the part of the Walmart company that handles its credit cards.

At the moment, Walmart Financial only offers 2 Walmart Rewards Mastercards for Canadians – both of which are no fee. Since other huge chains like Canadian Tire have expanded even further than this, it's possible Walmart could add even more financial products in the future.

Walmart
0
Genius Rating
Overview
  • Currently offers 2 no fee Mastercards
  • Earn Walmart Rewards, which can be used towards future Walmart purchases.
  • Lets you earn up to 3% on Walmart purchases.
Personal Finance
Personal Finance

Rating methodology

Walmart's overall rating is 0 out of a possible 5 stars. This number is an average of all the individual products we've rated so far, which you can find more info on below. Each of these are scored by breaking them down into their main parts, then comparing each feature to similar products on the market.

Learn more about our rating methodology.

Walmart Financial pros

If you really love shopping at Walmart for everything, then a Walmart credit card could be an interesting choice for you.

Earn Walmart Rewards for future purchases

Thanks to their 2 Walmart Rewards Mastercards, you can earn Walmart Rewards on everything you spend, which you can then use to get money off future purchases.

Neither card has an annual fee

And no matter which card you go with, you'll never have to worry about paying an annual fee.

Walmart Financial cons

But Walmart Financial is very limited compared to other financial services out there.

No other financial products besides the credit cards

It would be nice if Walmart expanded their financial services outside of only credit cards, similar to what Canadian Tire has done with their savings accounts. Having another high interest place to park some cash in Canada would be nice.

Rewards can only be used on Walmart purchases

Since it's a store credit card, the rewards you earn on your purchases can only be used towards future Walmart purchases. This isn't a super flexible way to redeem your points, though there's a lot you can buy at Walmart.

Walmart credit cards

If you love saving money whenever you can, using a rewards credit card responsibly can be like getting a personal sale on everything you buy. In the case of Walmart credit cards, you can get up to 3% back in Walmart Rewards on the things you buy – which is like getting up to 3% off.

Of course, these cards and the rewards are a bit limited in scope, since they're focused on only one store. But if you shop at Walmart a lot, it could be an interesting addition to your credit card portfolio.

Compare Credit Cards

Walmart credit cards

Walmart credit card ratings

Here are our reviews for the 2 Walmart Mastercards.

FAQ

What does Walmart Canada Financial have to offer?

Walmart Financial currently only has 2 credit cards to offer for Canadians – both of which are no fee cards that let you earn Walmart Rewards on your purchases.

What are Walmart Rewards?

Walmart Rewards are the points you earn with your Walmart credit cards. You'll get up to 3% back and every point is worth $1 in Walmart purchases.

Are the Walmart credit cards any good?

If you shop at Walmart a lot and would like to save money on your purchases, the Walmart credit cards are definitely intriguing offers for you. That said, there may be other rewards credit cards that can get you a better return on your purchases – and that aren't so pinned down to one store.

Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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