walmart credit cards

What Credit Cards Can Be Used at Walmart in Canada?

Last updated on August 15, 2018 Views: 547 Comments: 0

Walmart is widely considered the world’s largest, most dominant retailer. This includes Canada, as Walmart has established a strong presence here due to the chain’s excellent prices, selection, and convenience. Walmart Canada was founded in 1994 after the acquisition of Woolco Canada, and it grew quickly. Today, Walmart employs almost 100,000 Canadians in its 334 Supercentres and 76 discount stores across the country.

Alongside Walmart comes Walmart Financial Services Canada, which helps to make it even more rewarding to shop at its stores. Customers can get the Walmart Rewards Mastercard, which helps them earn rewards that can be redeemed at the register in Walmart or at Walmart.ca. But Canadians also have many other alternatives to the official Walmart card, which may improve upon the official card in several ways and better suit their own shopping habits within Walmart and elsewhere.

What Credit Cards Does Walmart Canada Accept?

Walmart is a flexible retailer in that all credit and debit cards are accepted in any of its stores, including Visa, Amex, and Mastercard. Though there was a minor dispute between Visa and Walmart Canada in 2017 over interchange fees, the situation has since been resolved. Visa was briefly banned in some stores in Ontario, but the companies reached a compromise that saw the return of Visa as an accepted payment method at any Walmart in Canada.

Just as Walmart and Visa found a healthy arrangement, so too can customers of Walmart weigh the various pros and cons of the many credit cards at their disposal.

Best Credit Cards for Walmart Canada in 2018

The following credit cards are the most suitable for spending at Walmart in Canada. It might surprise some readers to learn that Walmart’s official Mastercard may not be the best in some respects, and that other cards manage to eclipse it in some ways. In determining the best credit cards for Walmart, we found that the Amex, Mastercard, and Visa networks all consider Walmart Supercentres to be in the ‘grocery’ category. This means that rewards and cash back cards with accelerated earn rates for grocery purchases, as well as those with a flat rate “all-purpose” purchase category, are fair game for Walmart. Cardholders must also consider that Walmart will not be the only place they shop, though we’ve outlined the best cards for those who rely on the retailer for most of their shopping.

Walmart’s Official Credit Card

Walmart Rewards MastercardWalmart Rewards Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $0

The official Walmart Rewards Mastercard is a great way to begin saving instantly at Walmart stores across Canada. Its earn rate is strong considering its $0 annual fee: each purchase at any Walmart store (or Walmart.ca) earns 1.25% back in Walmart Reward Dollars. Purchases made elsewhere earn these rewards at a rate of 1%. Walmart Reward Dollars are redeemable online and at the register in any Walmart, where cardholders can simply tap their card and redeem as little as $5 instantly. Customers can also order a Walmart credit card for their spouse or partner at no extra charge and will get up to 25 Walmart Reward Dollars the first time they sign up.

Though the card is reasonably generous in its earnings rate and convenience, it also requires that Reward Dollars be spent at the store itself, so its flexibility is limited.

  • 1.25% at Walmart or Walmart.ca
  • 1% elsewhere
  • Earn and spend Walmart Reward Dollars at Walmart
  • $0 annual fee
  • $25 welcome bonus

Click here to apply for the Walmart Rewards Mastercard

Walmart Cash Back Credit Cards

Tangerine cash back credit cardNo annual fee, 2% accelerated cash back on 2 selected categories, 0.50% cash back everywhere else.Tangerine Money-Back Credit Card

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $0

In terms of flexibility, the Tangerine Money Back Credit Card offers one of the most enticing options in Canada. Unlike the Walmart Mastercard, which earns at its highest rate in Walmart exclusively and restricts cardholders from redeeming their Reward Dollars outside the store, Tangerine lets cardholders pick where their highest cash back will come from and use it creatively. There’s $0 annual fee, and when you sign up, you’ll pick two purchase categories where you’ll earn 2% cash back. These include Grocery (Walmart Supercentres are eligible), Restaurants, Gas, Drugstores, Home Improvement, Entertainment, and many more. You can swap out categories at any time you like. If you choose to open a Tangerine Savings account and deposit your cash back there, you’ll be able to choose a third 2% cash back category as well. All other purchases outside the accelerated categories get 0.5% cash back, which can either be applied to your statement or deposited in the Tangerine Savings Account.

Note that if you don’t pick the ‘Grocery’ category as an accelerated purchase category, your purchases in Walmart are likely to accrue rewards at the 0.5% rate only.

  • 2% cash back in 2 categories of your choice
  • Earn a third 2% category for opening a Tangerine Savings Account
  • 0.5% cash back elsewhere
  • No limits on cash back, apply it as a statement credit
  • $0 annual fee

Click here to apply for the Tangerine Money-Back Credit Card


The NEW SimplyCash Card from American ExpressSimplyCash Card from American Express

Eligibility Criteria:
– Credit score required: poor_fair
– Min personal income required: $0
– Annual fees: $0

The regular SimplyCash Card from Amex (not to be confused with the Preferred card below) works well for saving money at Walmart and elsewhere in Canada. Amex grants new cardholders an impressive 2.5% cash back rate for their first 3 months (maximum $150 cash back limit at that rate), and then 1.25% from there on out. Though this flat rate is identical to the 1.25% collected by Walmart’s Mastercard, unlike the official Walmart card the cash back you earn with this Amex card can be spent wherever you like. SimplyCash cardholders will also appreciate the $0 annual fee, and like its sibling Preferred card, a 1.99% balance transfer promotion for 6 months. Though the standard SimplyCash card’s insurance benefits aren’t as impressive as the Preferred, you’ll still get coverage for travel accidents, as well as extended warranties and insurance on newly purchased items.

  • 2.5% cash back introductory bonus for 3 months
  • 1.25% cash back afterwards on all purchases
  • No limits on cash back earnings
  • Travel accident insurance
  • Extended warranties and purchase protection
  • Balance transfer promotion of 1.99% for 6 months
  • $0 annual fee

Click here to apply for the New Simplycash card from American Express 


The NEW SimplyCash Preferred Card from American ExpressNew SimplyCash Preferred Card from American Express

Eligibility Criteria:
– Credit score required: poor_fair
– Min personal income required: $0
– Annual fees: $99

The SimplyCash Preferred card from Amex is a great way to get a high, flat cashback rate on all your purchases at Walmart and everywhere else. New cardholders can pile up their cash back with an introductory 5% cashback rate in the first months of membership ($300 cashback limit at that rate). Though its annual fee of $99 is on the higher end, 2% cash back on everything makes it easy to earn this much in the first few months alone, and cardholders can also get $200 cash back for every referral they make (up to $3,000 per year). Another much-appreciated feature for new cardholders is the option to transfer their balance (or balances) to Amex and enjoy an interest rate of just 1.99% for 10 months.  Add in a suite of quality insurance that includes coverage for rented vehicles, travel accidents, medical emergencies, baggage, delays, and much more—and this Amex card really starts to look like “the complete package.”

  • 5% cash back introductory bonus for months
  • 2% cash back afterwards on all purchases
  • No limits on total cash back earnings
  • Comprehensive insurance benefits
  • Balance transfer promotion of 1.99% for 10 months

Click here to apply for the New SimplyCash Preferred Card from American Express


Rogers™-Platinum-Mastercard®_243x153Rogers Platinum Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $0

The Rogers Platinum Mastercard is very impressive for a card with relatively easy eligibility requirements. Cardholders earn 1.25% cash back on all their purchases in Canadian dollars and 3% cash back for purchases made in any foreign currency. That’s a net 0.50% cash back on purchases made abroad (or online) and 1.25% everywhere else, with the same redemption flexibility achieved via the Pay with Rewards smartphone app. Like the other cards from Rogers, there’s no $0 annual fee, though it’s missing the insurance perks that make the World Elite card, well, elite. However, it’s still excellent for Walmart shopping and travelling alike.

  • 3% cash back on all purchases made in a foreign currency
  • 1.25% cash back on all purchases made in Canada
  • $0 annual fee
  • Redeem cash against your statement, also with Pay with Rewards

Click here to apply for the Rogers Platinum Mastercard


La Carte Fido MasterCardRogers Fido Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $15000
– Annual fees: $0

The Fido Mastercard—also from Rogers—is a specially branded version of the Platinum Mastercard above. It carries the same 1.25% cash back rate on all purchases, 3% cash back on foreign currency purchases, $0 annual fee, and support for Mastercard’s awesome “Pay with Rewards” app. This makes it another good option for earning cash back quickly inside and outside Walmart (and inside and outside Canada as well) and spending it freely. Instead of 2.00% cash back on Rogers products and services, however, the same is applied to Fido products and services.

  • 3% cash back on all purchases made in a foreign currency
  • 1.25% cash back on all purchases made in Canada
  • 2.00% cash back on Fido products and services
  • $0 annual fee
  • Redeem cash against your statement, also with Pay with Rewards

Click here to apply for the Fido Mastercard


Rogers World Elite MastercardRogers World Elite Mastercard

Eligibility Criteria:
– Credit score required: poor_fair
– Min personal income required: $80000
– Annual fees: $0

If a flat rate of cash back earnings and inexpensive, fee-less travel is what you want, look no further. Rogers has an impressive World Elite Mastercard with a constant 1.75% cash back on all purchases made in Canadian dollars, plus 4% cash back on purchases you make in a foreign currency. This means that while you travel (or shop online at foreign eCommerce retails) you’ll earn 1.50% above the universal 2.50% foreign transaction fees. For such a comprehensive cash back deal, it’s surprising that the card has $0 annual fee. The cash back you earn is more flexible than Walmart’s Mastercard as well, as it can either be redeemed as a statement credit once yearly, or on-demand via the Mastercard app—Pay with Rewards. A cherry on top comes in the form of a nice insurance package, which includes coverage for new purchases, rental vehicles, emergency medical needs and trip interruption and cancellation.

Just keep in mind that the card’s annual income requirements can be prohibitive – $80000.

  • 4% cash back on all purchases made in a foreign currency
  • 1.75% cash back on all purchases made in CAD
  • 2.00% cash back on Rogers products and services
  • $0 annual fee
  • Redeem cash against your statement, also with Pay with Rewards
  • Impressive insurance coverage for travelers

Click here to apply for the Rogers World Elite Mastercard

Walmart Rewards Credit Cards

bmo world elite mastercardBMO Rewards World Elite Mastercard

Eligibility Criteria:
– Credit score required: good_excellent
– Min personal income required: $80000
– Annual fees: $150

As an alternative to cash back, earning rewards points is another great way to shop at Walmart (and beyond), because these points are redeemable on a wider variety of goods and services. BMO has one of the most impressive cards in this case, which immediately offers 35000 welcome points to new cardholders (conditions apply). They’ll also earn 3 BMO Rewards points for every $1 spent on travel, dining, and entertainment. Cardholders collect 2 BMO Rewards points for every $1 spent elsewhere (e.g. at any Walmart), and these Rewards points can be spent on travel, awesome merchandise, and of course, cash credits on your monthly statement. It wouldn’t be a World Elite card without a proper insurance package, which contains coverage for medical care (21 consecutive days of $2 million coverage) and more. A more luxurious perk is free membership to the worldwide LoungeKey program, plus 4 free passes to VIP airport lounges every year.

  • 35000-point welcome bonus
  • 3 points per $1 spent on eligible travel, dining, and entertainment
  • 2 points per $1 spent everywhere else
  • Redeem points on cash back, merchandise, travel and more
  • $2 million, 21-day travel medical coverage
  • LoungeKey membership and 4 annual VIP airport lounge passes
  • $150 annual fee

Click here to apply for the BMO World Elite Mastercard


BMO Small Business Rewards MastercardBMO Rewards Business Mastercard

Eligibility Criteria:
– Credit score required: null
– Min personal income required: $0
– Annual fees: $120

Business owners who enjoy shopping at Walmart will appreciate BMO’s Business Mastercard, which earns at a high rate of rewards (3 BMO Rewards points per $1) on business-centric purchases including office supplies, gas, and internet and phone bills. All other purchases collect BMO Rewards at a rate of 1.5 per $1, which can be spent on any number of enticing goods and services like travel packages, merchandise, gift cards, cash back, and more. Those who can make the minimum spend (see terms and conditions) – child’s play for most businesses – will get their first year free plus 35000 BMO Rewards points. Other perks for businesses include free employee cards (and zero liability), extra “grace period” days before the monthly bill incurs interest, and very thorough travel protection benefits for the globetrotting businessperson.

  • 35000-point welcome bonus
  • 3 points per $1 spent on office supplies, gas, internet and phone bills
  • 1.5 points per $1 spent everywhere else
  • Redeem points on cash back, merchandise, gift cards, travel and more
  • Thorough travel insurance coverage
  • Extra payment grace days
  • Zero liability for the business from free employee cards

Click here to apply for the BMO Rewards Business Mastercard


Desjardins Odyssey World EliteDesjardins World Elite Mastercard

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $80000
– Annual fees: $130

Those interested in amazing travel insurance benefits and the ability to earn Desjardins Bonusdollars on their purchases inside and outside Walmart will love the Odyssey World Elite card. With up to 2% earned on all purchases, Bonusdollars can be spent on a variety of great rewards, ranging from travel booking and accommodations to merchandise and cash back. Though its $130 annual fee is on the higher end, holding this Desjardins card grants you the best travel insurance that Canadian credit cards can offer. Emergency health care coverage of $5 million lasts for up to 60 consecutive days per trip, and is complimented by trip cancellation insurance, and coverage for your baggage, travel accidents, vehicle rentals, new purchases, and even your mobile phone (up to $1,000). As if this wasn’t impressive enough, Desjardins was nice enough to throw in up to 20% off at Hertz locations worldwide and entry into the Montréal-Trudeau VIP airport lounge.

  • Up to 2% back in BONUSDOLLARS for all purchases
  • Stellar travel insurance package (60 days, $5 million coverage)
  • Mobile device insurance
  • Up to 20% off at Hertz
  • VIP access to airport lounge at Montréal-Trudeau

Click here to apply for the Desjardins Odyssey World Elite Mastercard

Walmart Low Interest Credit Cards

American Express EssentialTM Credit CardAmerican Express Essential Card

Eligibility Criteria:
– Credit score required: fair_good
– Min personal income required: $
– Annual fees: $0

The accurately named Essential card from American Express is another low-interest option for those who make Walmart a frequent shopping destination. Its $0 annual fee is complimented by a low 8.99% interest rate on purchases and cash advances. This makes it very easy to be flexible and responsible with your finances, and to avoid crippling interest charges should you need a little extra leniency. A lucrative opportunity for 1.99% interest for 6 months on new balance transfers is also available, making the Essential card an even better shield against high interest fees. At Walmart and elsewhere, cardholders have constant access to extended warranties, purchase protection, and travel accident coverage.

  • 8.99% rate on purchases and cash advances
  • 1.99% balance transfer rate for 6 months
  • $0 annual fee
  • Purchase protection and extended warranties

Click here to apply for the Essential card from American Express

Win Greater Savings at Walmarts Worldwide

There is no easier way to save at your local Walmart than by using a credit card that suits your spending habits, inside the store and out. The best credit cards for Walmart in Canada reward cash back or points, allow you to spend them on your biggest bills, and enjoy an array of peripheral perks as well. However, it’s possible that there are some alternatives to the cards present on this list. If you didn’t find a card on the list above or have a recommendation for a Walmart credit card based on your own experience, we’d love to hear from you!

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