Walmart Rewards Points Calculators: Earning & Cash Value

Store Rewards Calculators
Get the rundown on earning and redeeming Walmart Rewards Points, plus calculate how many points you can earn and the cash value of your points.

Walmart shoppers can earn Walmart Rewards by using Walmart credit cards to earn points on purchases in-store and online with Walmart. Those with the Mastercard version can also earn points on purchases made outside of Walmart.

What are Walmart Rewards points?

Walmart Rewards Points is a rewards currency earned when making eligible purchases using a Walmart credit card. Points are earned per $1 spent and you can redeem those points towards Walmart purchases, gift cards, travel, and more.

Earning Walmart Rewards points

Walmart Rewards points can only be earned using Walmart credit cards. Walmart offers a store card and a Mastercard that you can use to earn points.

Walmart Rewards Mastercard

The Capital One® Walmart Rewards® Mastercard® is the best option if you're looking to maximize the amount of Walmart Rewards Points you can earn on your everyday purchases.

The Walmart Rewards Mastercard earns at the following rates:

  • 5% Walmart.com
  • 5% Walmart Mobile Apps
  • 2% Walmart In-Store
  • 2% Walmart Gas Station
  • 2% Murphy Gas Station
  • 2% Purchase of Gift Cards at Walmart
  • 2% Dining
  • 2% Travel
  • 1% Everything Else

If you plan on going 'all-in' for earning Walmart Rewards Points, the Walmart Rewards Mastercard is a great option. Just note that there are cards that earn higher returns on dining, travel, and non-Walmart purchases.

Walmart Rewards Credit Card

The Capital One Walmart Rewards Credit Card is a store card that can only be used in-store and online with Walmart and Walmart owned properties. So unlike the Mastercard version, you will not be able to use it to earn rewards spending outside of Walmart such as on dining, travel, and other purchases.

The Walmart Rewards Credit Card earns at the following rates:

  • 5% Walmart.com
  • 5% Walmart Mobile Apps
  • 2% Walmart In-Store
  • 2% Walmart Gas Station
  • 2% Murphy Gas Station
  • 2% Purchase of Gift Cards at Walmart

Calculate Walmart Rewards points per dollar

Use the Walmart Rewards Points Calculator to determine how many Walmart Rewards points you can earn and the cash value of those points. This will give you an idea of whether or not Walmart credit cards are worth it.

The calculator also shows how much you can earn with other popular rewards credit cards in the market.

Walmart.com Spending
Enter how much you spend online at walmart.com or with Walmart Mobile apps.
$
Walmart Spending In-Store
Enter how much you spend in-store at Walmart
$
Walmart Gas Spending
Enter how much you spend at Walmart Gas Stations and/or Murphy Gas Stations.
$
Credit card Earning rate Estimated rewards earned Estimated rewards value
Using Walmart credit cards
  • 5% Walmart.com, Walmart mobile apps
  • 2% Walmart in-store, Walmart gas stations, Murphy gas stations
- Walmart Rewards points $
Citi® Double Cash Card
  • 2% back on all purchases; 1% on purchase, 1% when you pay off that purchase
- Citi ThankYou points $-
Capital One Venture Rewards Credit Card
  • Unlimited 2X miles on all purchases
- Venture miles $-
Bank of America® Customized Cash Rewards credit card
  • 3% back on category of your choice
  • 2% on grocery, wholesale clubs
  • 1% everything else
  • (For this calculator, 3% back shopping at walmart.com)
- $
The Blue Business® Plus Credit Card from American Express
  • 2X points on the first $50,000 in purchases, then 1X
- Membership Rewards points $-

Walmart credit card rewards calculators

Input your monthly and yearly spend into our Walmart credit card rewards calculators to find out how many points you can earn on all purchases. Compare the results side by side any two credit cards featured on the site.

Capital One® Walmart Rewards® Mastercard®

Capital One® Walmart Rewards® Mastercard®

Benefits & Walmart Points Calculator
Capital One Walmart Rewards Credit Card

Capital One Walmart Rewards Credit Card

Benefits & Walmart Points Calculator

How much are Walmart Rewards points worth?

Walmart Rewards Points are worth 1 cent each meaning that every 100 points you earn is equal to $1 in cash value with Walmart.

Walmart Rewards points Points value
1 point $0.01
100 points $1
500 points $5
1,000 points $10
5,000 points $50
10,000 points $100
20,000 points $200
50,000 points $500

Convert Walmart Rewards points to dollars

Use the Walmart Rewards Points Value Calculator to determine the average cash value of your points when redeemed at Walmart for purchases, gift cards, and more. This will give you an idea of how much your points are worth.

Enter any amount of Walmart Rewards points to calculate the dollar value.
Points
Points value: $0

Redeeming Walmart Rewards points

Walmart Rewards points can be used in four ways:

  • Redeem for cash or statement credits
  • Cover a purchase
  • Gift cards
  • Travel

Redeeming points for cash

Walmart Rewards points can be redeemed for cash at a value of 100 points for $1. When redeeming rewards for cash you can choose to receive a check or you can apply your rewards as a statement credit to your card.

Using points at checkout online

Walmart Rewards points can be redeemed at checkout when shopping at walmart.com. During checkout, you will be asked to specify how much cash back you want to apply towards your purchase.

Those points will then be deducted from your balance and applied to your account in the form of a credit 2-3 business days later.

Redeeming points for previous purchases

Walmart Rewards Points earned with the Walmart Rewards Mastercard and Walmart Store Card can be applied to purchases you've already made with Walmart. You can do this through the Capital One App or through walmart.capitalone.com.

The redemption must be made within 90 days of the purchase posting to your account and will post to your account as a credit within 2-3 business days. Redemptions for a portion of a purchase amount (partial redemptions) are also available using this method.

Redeem for gift cards

Walmart Rewards points can be redeemed for gift cards. This includes gift cards for Walmart or for other popular retailers.

Use points for travel

Those who have the Walmart Rewards Mastercard will also be able to redeem their rewards for travel which includes flights, car rentals, and hotels.

Travel redemptions are at a 1:1 ratio meaning 1 point equals 1 cent towards travel. Those with the Walmart Rewards Credit Card (Store Card) will not be able to redeem their rewards for travel.

redeem walmart rewards points
You have a few options when it comes to redeeming your Walmart Rewards Points.

Other ways to earn rewards

If you don't have a Walmart Rewards credit card or don't plan on getting one, you can still earn cash back on your Walmart purchases using Rakuten Rewards.

Rakuten Rewards is an online shopping portal that pays you to shop online through their partners. So you can earn cash back shopping at walmart.com and thousands of other retailers.

The program is free to sign up for and free to use. Cash back earned in the program is mailed to you in the form of a check or paid out via PayPal quarterly.

You can sign up through The Point Calculator to earn a $30 cash bonus on your first purchase on walmart.com or any other online retailer.

FAQ

Does Walmart have a rewards program?

Yes. The Walmart Rewards Program is available for those who have the Capital One Walmart Rewards Mastercard or Capital One Walmart Rewards Credit Card.

What can you use Walmart Rewards Points for?

Walmart Rewards Points can be redeemed for statement credits, to cover a purchase, cash back, and gift cards. If you have the Capital One Walmart Rewards Mastercard, you'll also be able to use points towards travel such as flights, car rentals, and hotels.

How do you redeem Walmart rewards points?

Walmart Rewards Points can either be redeemed through walmart.capitalone.com, the Capital One mobile app, or directly on Walmart.com at checkout.

How much are Walmart Rewards Points worth?

Walmart Rewards Points are worth 1 cent each. So 100 points would be equal to $1 in cash rewards.

Is the Walmart Mastercard worth it?

If you frequently shop on Walmart.com, I highly recommend picking up the Walmart Mastercard since it has no annual fee and you'll be earning 5% cash back online.

Is the Walmart Rewards Card the best card for maximizing my spend at Walmart?

In most cases, the Walmart Rewards Card will be the best option if you shop online at Walmart.com.