Walmart Rewards Program In 2022 (How It Works, Expiry + More)

A lot of major retailers now have rewards programs available when you apply and get a company-affiliated Credit Card.

Walmart, the most important retail company in the United States, has its own reward program. It’s worth using it more often to earn even more.

Have you ever heard of this? Need more info? Get all you need to know about the Walmart Rewards Program.

What will the Walmart Rewards Program look like in 2022

The Walmart Rewards Program is tied into Walmart’s two company-affiliated credit cards: The Capital One Walmart Rewards card, and the Walmart Rewards Card. These cards come with cash back bonuses upon use and no annual fee. They are also compatible with Walmart Pay. Walmart reward point do not expire for as long as they are valid.

Keep reading for more information about how this program works, your options to claim your rewards and a breakdown of what the difference is between the two cards.

How Does the Walmart Rewards Program Work

Walmart’s rewards system is a credit card-based program where customers can apply for either the Capital One Walmart Rewards Mastercard or the Walmart Rewards Card.

They offer similar rewards and bonus offers, but the latter is only valid at Walmart.com. While the former can also be used everywhere Mastercards are accepted,

Both cards also offer cashback of five percent at Walmart.com, and two percent in Walmart shops.

Walmart Pay in Stores also offers five percent cash back within the first year.

Last but not least, there is no annual fee and late fees of up to $39 for those who do not pay their bills on time.

How Do You Claim Your Walmart Rewards?

Claiming your Walmart reward points is straightforward.

Your rewards can be received in the form check, according to the Capital One Walmart Mastercard Website.

And according to CreditCardInsider.com, you have three other ways of “cashing in” your cash back rewards.

Cash back can be redeemed for gift cards. The cash can be used to pay your credit cards. Cashback can be used on your Walmart.com purchases

Additionally, since Walmart.com, unlike a Gap or a Starbucks, sells pretty much anything under the sun, you will be able to apply your rewards toward a wide swathe of products.

You should also note that Walmart Mastercard rewards are available at all times. This is not true for cash back on the basic Walmart Rewards cards.

Where can you use your Walmart rewards?

For both the Walmart Mastercard and the Walmart Rewards card, you can use the cash back to redeem Walmart gift cards, which you could use online, but would be very handy in-store.

The rewards can be applied to your billing statements. You can then use the shopping reward points to buy in-store as well as online at Walmart.com.

Do Walmart Rewards Ever Expire?

Walmart Rewards cashback and Walmart Mastercard benefits never expire, as long as the account is open.

I cannot stress enough what a nice feature this is.

Gap cards do come with an expiration date. The window for my reward has been growing smaller over the years.

Walmart makes their reward points non-expiring as a gesture of gratitude to loyal customers.

What’s the difference between Walmart Mastercard & Walmart Rewards Cards?

There are some differences in the Walmart Mastercard and Walmart Rewards cards.

The Walmart Mastercard, unlike regular credit cards, can be used wherever you shop. The Walmart Mastercard also offers rewards for customers who use it at restaurants and while traveling.

Thus, there are more ways to earn cash back and you would likely earn more, in less time.

Walmart.com and Walmart.com are the only places where you can use your Walmart Rewards card.

You won’t receive a reward for using it in restaurants and on travel.

A major difference between the cards is their benefits.

Walmart Mastercard offers a wide range of services including concierge, which will assist you in making reservations and getting tickets. You also get enhanced security and protections for shopping/travel.

Walmart Rewards card won’t protect you against fraud. It doesn’t come with any of the other benefits, notably the concierge or enhance security.

To get the Walmart Mastercard you’ll need to have slightly higher credit. This is because Walmart considers people who are in the excellent-to-excellent category more favorable.

Walmart Rewards cards are better for those with low credit scores.

This is because the Walmart Rewards card cannot be used in more than one location (Walmart stores or Walmart.com).

Mastercards can also be used wherever that card type is accepted. This makes it much easier for those with bad money management to max out their Mastercard quickly.

Walmart Rewards Program In 2022 (How It Works, Expiry + More)