In 2025, Walmart Credit Card options sit in a transition window after Walmart and Capital One ended their co-brand partnership in May 2024.
Existing Capital One Walmart accounts remain usable under Capital One servicing, while Walmart’s new credit program is rolling out through OnePay with Synchrony as issuer and Mastercard as the network.
Shoppers weighing legacy benefits against the new OnePay CashRewards structure should focus on where spending happens most often, how rewards are redeemed, and any membership tie-ins that change effective rates.
Walmart Credit Landscape in 2025
After court-validated service disputes, Walmart and Capital One mutually ended their exclusive card agreement on May 24, 2024. Capital One retains ownership and servicing of existing accounts, and cardholders continue to earn and redeem rewards under Capital One’s rules until notified otherwise.
Walmart selected Synchrony to power a new credit program embedded in the Walmart-backed OnePay app, with a general-purpose Mastercard and a private-label card set to be widely available in the United States. Rollout targets the fall 2025 window, aligning the card experience inside OnePay.
In Canada, the Walmart Rewards Mastercard continues to accept applications with country-specific earn rates and promotions. Cross-border readers should verify terms locally, since Canadian benefits differ from U.S. programs.
Legacy Walmart Cards Under Capital One: What They Offered
A quick refresher helps you benchmark future offers. Legacy Walmart products delivered high online earn rates plus modest in-store rewards, simple $0 annual fees, and gas station earn at Walmart and Murphy USA.
The table summarizes the two U.S. cards many shoppers held prior to the 2024 program wind-down. Use it to compare against current OnePay rates rather than to apply, since new applications for these legacy products are closed.
| Feature | Capital One Walmart Rewards Mastercard | Walmart Store Card |
| Where accepted | Everywhere Mastercard is accepted | Walmart in-store and online, Walmart and Murphy USA gas stations, Sam’s Club |
| Annual fee | $0 | $0 |
| Walmart.com purchases | 5% back (app and pickup orders included) | 5% back (app and pickup orders included) |
| In-store at Walmart | 2% back; 5% for first 12 months with Walmart Pay app intro offer | 2% back; 5% for first 12 months with Walmart Pay app intro offer |
| Gas at Walmart/Murphy USA | 2% back | 2% back |
Who these Cards Fit Historically
Loyal Walmart households that concentrated spend on Walmart.com, curbside pickup, and delivery typically extracted the most value from the online 5 percent earn.
Shoppers who needed a general-purpose option also benefited when the network was Mastercard, since dining and travel earned elevated rates alongside everyday categories.
Applicants targeting accessible approvals often focused on a fair credit score 640 or higher, then used on-time payments and low utilization to build history. Private-label versions historically accommodated thinner files, although limits tended to start smaller.
OnePay CashRewards Card highlights in 2025
OnePay CashRewards is the flagship in Walmart’s new lineup and is issued by Synchrony on the Mastercard network. The card has no annual fee, earns 5 percent at Walmart for Walmart+ members, 3 percent at Walmart for non-members, and 1.5 percent on all other purchases.
Public materials show straightforward redemption to statement credit or deposit via OnePay, alongside in-app management. Terms can change, so confirm current disclosures at application.
Program architecture is embedded in the OnePay app to streamline acquisition, servicing, and offers, and Synchrony is designated the exclusive issuer for OnePay credit cards tied to Walmart’s ecosystem.
Quick Application Guide
A short, practical flow keeps the process efficient for first-time applicants and international readers comfortable with Spanish button labels.
- Confirm eligibility and documents: government ID, U.S. address, SSN or ITIN, and income details ready for verification.
- Start in the OnePay app or Walmart.com, choose OnePay CashRewards, and tap Apply or Solicitar to begin the secure form.
- Enter legal name and contact information exactly as on identification, then add financial data to support underwriting.
- Review key terms in the Schumer box, consent to disclosures, and submit; many applicants receive an instant decision.
- If approved, activate your virtual number in-app for immediate Walmart.com purchases, and wait for the physical card to arrive.
Fees, APRs, and Smart Use
Zero annual fee remains a constant across legacy and new Walmart cards, making carrying the product inexpensive when balances are paid in full within the grace period.
Variable purchase APRs are typical of retail-oriented products and can be high compared with prime travel cards, which means carrying a balance can erase rewards quickly. Cash advances and balance transfers rarely represent good value on store-linked cards given higher APRs and transaction fees.
Shoppers seeking financing for larger purchases should compare promotional offers carefully and set payoff reminders to avoid deferred-interest pitfalls that sometimes appear in retail ecosystems.
Where Walmart Cards Tend to Work Best
Online grocery orders, same-day delivery, and curbside pickup stack convenience with high earnings at Walmart.com purchases. Gas at Walmart and Murphy USA locations historically earned elevated rates on eligible cards, while general-purpose network versions extended utility to restaurants, travel, transit, and everyday merchants globally.
Digital wallets integration usually streamlines in-store checkout via the Walmart Pay app, Apple Pay, or Google Pay where available.
Using Walmart Pay during launch promotions previously unlocked higher in-store earn for introductory periods, so watch for similar limited-time structures in current programs.
Practical Tips to Maximize Value
Activate any first-purchase or introductory earn offers within the specified window, since early bonuses materially change first-year math.
Align large orders, consumables, and recurring household deliveries to periods offering elevated Walmart.com earnings. Keep utilization low relative to the limit, since credit score models react negatively to high balances even when paid in full.
Combine Walmart+ benefits where relevant to unlock the 5 percent member earn on OnePay CashRewards and to reduce shipping fees on smaller orders.
Bottom line
Walmart’s credit journey moved from the Capital One chapter to a OnePay and Synchrony model that places the card experience inside a modern app while preserving familiar Walmart-centric value.
Legacy features set a clear benchmark: high online earnings, simple $0 annual fees, and strong utility when spending is anchored to Walmart.
The OnePay CashRewards Card now carries that banner forward, especially for Walmart+ members who want consistent 5 percent earnings on Walmart spending and uncomplicated 1.5 percent elsewhere.
