What Credit Score Do You Need To Get The Capital One Walmart Rewards Card? (2024)

Credit Cards Writer

Updated: Apr 11, 2024, 7:47am

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Although Capital One, like most issuers, does not disclose an exact credit score requirement for the card, the card’s landing page does indicate agood to excellent credit requirement. This means that the Capital One® Walmart Rewards® Card* likely requires at least good credit, which FICO typically defines as a credit score of 670 and above.

What’s unique about the Capital One Walmart Card application process is that if you don’t qualify for the Mastercard version of the card, which can be used anywhere that Mastercard is accepted, you’ll automatically be considered for the store card version.

Store cards often have lower criteria for approval and someone without stellar credit may get approved for this version of the Walmart card. Keep in mind that your credit score is just one factor that issuers consider during the approval process. Other factors can include income, employment status, existing debt, housing status, number of open credit card accounts and number of recent credit inquiries.

There are two types of Walmart credit cards available. The first is the Capital One® Walmart Rewards® Card*, which can be used anywhere that accepts Mastercards for payment. The second type is the Walmart Rewards Card*, which is a closed-loop store card, meaning it’s only accepted for payment within the Walmart ecosystem. Both cards carry $395 annual fees, but have some significant differences.

Attributes of the Capital One® Walmart Rewards® Card* include:

• Rewards: Earn 5% back on Walmart.com & in the Walmart app, including grocery pickup and delivery, 2% on restaurants and travel, and at Walmart Stores, Walmart & Murphy USA fuel stations and 1% back everywhere else.
• Welcome bonus: Earn 5% back in Walmart stores for the first 12 months when using the Capital One Walmart Rewards card with Walmart Pay.
• APR: 19.48% or 29.99% variable APR on purchases and balance transfers. Balance transfer fee of 3% of the amount of each transferred balance applies.
• Other benefits: In addition to redeeming rewards for account credit, cash, gift cards or at online checkout, Capital One Walmart cardholders can also redeem for travel through Capital One. Those who qualify for the World Elite Mastercard version will get perks including price protection, extended warranty benefits, secondary auto rental coverage and trip cancellation and interruption insurance.
• Credit score needed: Good to excellent

Attributes of the Walmart Card include:

• Rewards: 5% cash back in Walmart stores for the first 12 months when using the card with Walmart Pay. After that, earn 5% cash back at Walmart.com, including pickup and delivery, 2% cash back in Walmart stores and gas stations and 1% back at Sam's club stores and Sam's Club gas stations.
• Welcome bonus: This card does not offer a welcome bonus.
• APR: 29.99% variable APR on purchases.
• Other benefits: Can redeem rewards for account credit, cash, gift cards or at online checkout.
• Credit score needed: Not specified, but the issuer will automatically consider you for this version if you don’t qualify for the Capital One® Walmart Rewards® Card*.

The process to apply for a Walmart Credit Card is similar to applying to any other credit card. You can go online to Walmart.com or the Capital One Walmart Credit Card home page. In either case, simply click on “Apply Now” and follow the instructions. You can also go into a Walmart store and apply at the Customer Service Desk. Someone will be there to assist you with any questions.

In each scenario you will have to provide the same basic information including your name, Social Security number, employment status, income and monthly housing costs. In most cases you’ll receive an answer of approval or rejection shortly upon completing your application.

One thing to know before applying is that Capital One will allow you to see if you’re preapproved online. If you are not preapproved for the Capital One version of the card, you’ll automatically be considered for the store card version. The preapproval process is a “soft” credit check and won’t have any impact on your credit whether you’re preapproved or not. If you are preapproved and go ahead with your application, there will be a hard credit pull, however.

If you are rejected for both versions of the Walmart Credit Cards, you have a couple of options. One option is to contact Capital One’s reconsideration line at 1-800-903-9177 and ask for an explanation. The Equal Credit Opportunity Act (ECOA) gives you the legal right to know why your credit card application was denied.

Capital One lists several reasons on the Walmart Card application why you might be denied. These include:

• Your address is not in one of the following locations: the 50 United States, Washington, D.C., Puerto Rico or a U.S. military location
• Your address is a correctional institution
• Your monthly income (my disclosed total annual income divided by 12) doesn’t exceed my monthly rent/mortgage payment by at least $425. Or, Capital One otherwise determines that you are unable to make my monthly payments
• You’re under 18 or do not have a valid Social Security number or Individual Taxpayer Identification Number
• You have applied for a Capital One credit card two or more times in the last 30 days
• You have a past due Capital One credit card account
• You are over your credit line on a Capital One credit card
• You have had a Capital One credit card that charged off within the past year
• You have a non-discharged bankruptcy (one that is still unresolved)
• You have implemented a credit security freeze or credit lock with one or more of the credit bureaus, which prevents Capital One from accessing your credit report

Even if none of these scenarios apply to you, you could still be rejected if the issuer doesn’t find you to be creditworthy enough to approve. If this is the reason you were denied, there are steps you can take to improve your credit score and apply again at a later date.

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