Walmart credit card comes in two types – Walmart Credit Card and Walmart MasterCard. While the former can typically be used at a Walmart store, the latter can virtually be used anywhere a MasterCard is accepted.
Applying and getting approved for either of the card online via Walmart.com can earn you an introductory $25 (on minimum purchase of $75) and several other benefits. Note that the introductory offer is subject to change and is not without conditions.
A store credit card is usually criticized for high APRs and rates, low credit limit, and limited usability. There are hundreds of retail store brands out there and you can’t have a credit card for each of these. Besides, a general-purpose credit card issued by a bank can be a better option in many cases.
Unless you are a frequent visitor to a Walmart store, a Walmart credit card would be of limited use and may cause unnecessary financial pressure. On the other hand, this card can be a great asset for those who like to shop online or at a physical store owned by Walmart and its associated brands. The MasterCard version can be a little better option for those falling in the first category.
A store credit card can offer rewarding points or cash back on every purchase you make at a participating store. Taking the example of Walmart, you can earn up to $5 for every $500 you spend besides availing the $25 introductory offer.
The card, which comes with no annual fee and fraud protection features, can allow you to earn discounts on gas, avail special financing offers, and obtain free FICO credit score every month. Please note that some benefits are offered exclusively to those who have enrolled for online login and access to their accounts.
Like most store credit cards, Walmart credit cards are issued by Synchrony Bank, which is the bank you need to contact for any issues related with credit card application and payment. To apply online, you need to fill out a form, providing details of your name, address, date of birth and other information.
You need to create a new account and obtain your login details to apply online. Moreover, you are also required to select the card you are interested in. By default, you will be considered for the MasterCard version if you can qualify for the same.
You can also apply at a Walmart store or a jewelry kiosk and receive a temporary pass for 24 hours for immediate shopping. To check your credit card application status, you can either call 1-877-969-3668 or log in to your account online. An approved credit card usually takes a week to arrive in mail.
You can easily pay your credit card bill online by signing into your Walmart credit card account. First time users need to register for the service and obtain bill pay login details. An online user can set up e-Payment by providing his or her bank name, checking account number and bank routing number. It is always a good idea to pay in full and avoid accrual on interests on your balance.
Other payment options include phone, mail and in-store payments. To pay by phone, which may not be free, you can call 1-877-294-7880 for Walmart Credit Card and 1-866-611-1148 for Walmart MasterCard. You may find it convenient to pay in-store if you have a Walmart store or a Sam’s Club location in your neighborhood. Use the following mailing addresses though for payment by mail.
PO Box 530927
Atlanta, GA 30353-0927
PO Box 960024
Orlando, FL 32896-0024