The Capital One Walmart Rewards Mastercard is the highest built-in cashback rate available for regular Walmart shoppers. Cardholders earn 5% back on Walmart.com and in the Walmart app (including grocery pickup and delivery), 2% back in Walmart stores, at Murphy USA and Walmart gas stations, and at restaurants and travel, and 1% back everywhere else. There's no annual fee.
Apply through Capital One or your Walmart account; approval is a standard Mastercard credit check with no Walmart+ membership required.
Every eligible Walmart.com or Walmart app purchase earns 5% back automatically — no activation, no rotating categories.
Cashback posts as statement credit, a gift card, or a redemption at Walmart checkout.
For the first 12 months, in-store Walmart purchases also earn 5% when you pay using Walmart Pay.
Households that spend more than a few hundred dollars a year at Walmart, especially online orders, grocery pickup, and delivery.
The 5% in-store rate only applies during the first 12 months and only when paying with Walmart Pay. After that, in-store drops to 2%.