If you shop at Walmart frequently, the Walmart Rewards World Mastercard can help you save even more money on top of the store’s already low prices.

Walmart.ca is a large marketplace in Canada, so if you do most of your shopping online, you might get up to 3% cash back on almost anything you buy from the store.

Every purchase you make with the card earns you Walmart Reward Dollars. Then you can use your rewards like cash on anything Walmart sells. For example, you’ll earn 1.25% back on gas and in-store Walmart purchases in Canada. You will also earn 3% cash back on Walmart.ca purchases and 1% back on every other purchase – all with no annual fee.

Read on to learn more about the features and benefits of the Walmart Rewards™ World Mastercard®.

Walmart Rewards World Mastercard At A Glance

• No annual fee
• Up to $25 sign up bonus from Walmart
• 3% in rewards for purchases at Walmart.ca
• 1.25% in rewards for purchases at gas stations and any Walmart store in Canada
• 1% in rewards everywhere else

Walmart Rewards World Mastercard Benefits

Among the many benefits of Walmart Rewards World Mastercard are:

1. There are no annual fees

Despite the impressive earn rates, this card has no annual fees.

2. Exciting Bonus for New Customers

The card comes with a $25 sign-up bonus, which is as follows:

• When you make two qualified purchases in the first month, you will get $15. (One purchase at Walmart and the other elsewhere).
• When you sign up for electronic documents, you’ll earn $10.

3. Insurance Coverage

The Walmart Rewards World Mastercard comes with extended warranty and purchase protection insurance. You get purchase assurance when you pay with your card, which protects you against theft, loss, or damage on qualifying purchases for the first 90 days. It also comes with an optional one-year warranty extension.

4. You can use it anywhere you go

Since it’s a Mastercard, it will be accepted everywhere. The absence of foreign transaction fees, together with cash back rewards, make this card an excellent travel companion.

Walmart Rewards World Mastercard Downsides

The following are some cons of this card that you need to know:

1. No promotional APR rate of 0%

Unlike many cash back credit cards, the Walmart Rewards Mastercard does not offer an introductory interest free period on purchases or balance transfers.

2. A high level of income is required

You must have a personal income of $60,000 or a household income of $100,000 to be eligible for this card. While this is common for most Mastercards, it is incredibly high for a card with no annual fee.

How To Qualify For The Walmart Rewards World Mastercard

You must meet the following requirements to be eligible for this card:

• You must be at least 18 years old and a Canadian citizen or permanent resident.
• Have a personal income of $60,000 or a household income of $100,000.

In conclusion

If you buy at Walmart.ca frequently and would like to be rewarded for your spending, then you should sign up for the Walmart Rewards™ World Mastercard®.
But keep in mind: you can only earn rewards on pre-tax purchases at Walmart. Most other credit cards offer rewards based on the overall amount spent.