Capital One previously issued the Capital One® Walmart Rewards® Mastercard® and the Walmart Rewards® store card.
In 2024, Walmart and Capital One ended their exclusive agreement; existing cardholders continue to use and service their accounts with Capital One.
In 2025, Walmart announced a new Synchrony-issued credit-card program embedded in the OnePay app, with rollout expected in the fall of 2025.
What Still Works Today For Legacy Capital One Cardholders
If you already have the Capital One Walmart card, the core rewards structure remains.
5% back at Walmart.com; 2% back on purchases in Walmart stores and fuel stations; 2% back at restaurants and travel.
With the Mastercard version, you get a fixed 1% back on other purchases.
Gas savings tie-ins
Beyond the card’s 2% category at Walmart and Murphy USA pumps, Walmart+ members can receive a per-gallon discount.
That membership benefit is separate from the credit card but can complement your fueling strategy if you frequently visit those stations.
Always check your Walmart+ app for eligible stations and current per-gallon discounts.
Travel angle: where the Walmart card fits
For trips, the legacy Capital One Walmart Mastercard earns 2% on travel purchases and 2% at restaurants.
That applies to airfare purchased directly with airlines, hotel stays, rental cars, and dining while on the road.
The no foreign transaction fee policy means you avoid the typical 3% surcharge many cards charge on international purchases.
Earning and redeeming (legacy Capital One accounts)
Legacy accounts earn cash-back automatically at the listed rates.
Redemption options typically include statement credits, covering recent purchases, gift cards, travel redemptions, and Walmart.com checkout.
Redemption minimums are generally low or none for cash back, but you should confirm what appears in your Capital One account dashboard.
Interest Rates, Fees, and Costs (legacy Capital One program)
For existing accounts, typical pricing disclosures show a variable purchase APR range of 19.48%–29.99% (variable).
The annual fee is $0. A cash advance fee of 3% (minimum $3) and a late fee up to $39 are common on legacy terms.
Your exact APR and fees depend on your individual account and credit profile, so always review the “Pricing & Terms” section.
If you carry a balance from month to month, the APR will matter far more than the rewards you earn.
How to Apply for Walmart Credit Card
When the OnePay/Synchrony cards launch, expect application flow inside the OnePay app, with identity checks and an instant decision for many applicants.
If approved, you’ll likely receive a digital card number for immediate use in Walmart channels, followed by a physical card by mail.
Until then, keep your OnePay app updated and watch Walmart announcements for the live “Apply” entry point.
If you prefer not to manage a card through an app, review whether Synchrony will also provide a browser portal for servicing.
Comparing For Travel and Fuel
If your main goal is travel rewards maximization, a dedicated travel card will usually outperform the Walmart card’s 2% travel category.
If your focus is fuel, the built-in 2% at Walmart/Murphy USA plus Walmart+ fuel discounts can deliver consistent value.
General cash-back cards may beat 2% at non-Walmart stations, but they won’t combine with Walmart’s station-specific membership discounts.
The right pick depends on where you shop and refuel most often.
Apply for Walmart Credit Card: Pros and Cons
Pros
- Strong 5% at Walmart.com and 2% at travel, restaurants, and Walmart/Murphy USA fuel for legacy cardholders.
- No foreign transaction fee on the Mastercard version makes international use cheaper.
- $0 annual fee on the legacy program.
Cons
- New applications are closed for the Capital One Walmart cards; the program is in transition to OnePay/Synchrony.
- APR can be high if you carry a balance (roughly 19.48%–29.99% variable).
- Lacks premium travel protections and broader transfer perks available on dedicated travel cards.
Customer Service
Walmart credit card (Capital One) customer service: 877-860-1250 (for Walmart-branded cards serviced by Capital One).
Capital One general credit-card service: 1-800-CAPITAL (227-4825); outside the U.S.: 1-804-934-2001.
Standard: Capital One, Attn: Payment Processing, PO Box 71087, Charlotte, NC 28272-1087
Overnight: Capital One, Attn: Payment Processing, 6125 Lakeview Rd, Suite 800, Charlotte, NC 28269.
Who Should Consider the Upcoming OnePay/Synchrony Cards
Consider the new program if you spend heavily at Walmart for groceries and general merchandise and want app-centric account management.
The OnePay integration aims to centralize credit, payment, and rewards in one place.
Before applying, compare the final APRs, sign-up bonus (if any), earning rates for gas and travel, and any Walmart+ tie-ins against your current cards.
If you already hold a strong general cash-back or travel card, map your monthly spend to see whether a Walmart-centric product.
Here’s the quick take for Walmart-branded credit cards:
United States:
- Mastercard version: Use everywhere Mastercard is accepted (online and in-store), plus Walmart.com, Walmart stores, and Walmart/Murphy USA fuel.
- Store-only version (closed loop): Use only at Walmart (in-store, Walmart.com, Walmart fuel where allowed).
United Kingdom:
- Mastercard version: Works at any UK merchant that accepts Mastercard. No Walmart stores there, so Walmart-specific perks (like 5% at Walmart.com or Walmart+ fuel discounts) don’t apply.
- Store-only card: Not usable (it’s limited to Walmart US channels).
Japan:
- Mastercard version: Works anywhere Mastercard is accepted in Japan. Local Walmart perks don’t apply.
- Store-only card: Not usable outside Walmart US channels.
Germany:
- Mastercard version: Use anywhere Mastercard is accepted. No Walmart stores; US-only perks don’t apply.
- Store-only card: Not usable outside Walmart US channels.
Conclusion
If you’re an existing Capital One Walmart cardholder, you still earn rewards, and you avoid foreign transaction fees when traveling internationally.
If you’re a prospective applicant, apply for Walmart Credit Card OnePay/Synchrony and evaluate the final gas savings and travel earnings.
Choose the option that matches where you shop and refuel most—then pay in full to keep rewards from being offset by interest.
Disclaimer: Details in this review reflect publicly available issuer and merchant information as of 28 out. 2025 and may change without notice. Always read the official cardmember agreement and pricing disclosures shown during application or in your online account; your APR, fees, and benefits will depend on your credit profile and the current issuer’s terms.
