Walmart Rewards Points

Walmart Rewards Points Calculators for earning and redeeming rewards earned with the Capital One Walmart Mastercard. Calculate total points and cash value.

Walmart is an American retail company, headquartered out of Bentonville, Arkansas, that covers just about every category you can think of including electronics, jewelry, clothing, auto, photo finishing, home and furniture, pet supplies and sporting goods. With over 11,000 stores worldwide, they are the world's largest company by revenue and largest private employer in the world.

Walmart also owns Sam's Club which is an American membership-only warehouse club. Sam's Club has a little under 600 locations in the United States as well as other locations in Mexico, China, and Brazil. Sam's Club operates it's own Sam's Club Cash Rewards Program and offers the Sam's Club Mastercard for those who want to earn rewards on everyday spend.

Walmart Credit Card Calculators

Learn about the earning rates, benefits, sign up bonus, and annual fees of Walmart credit cards. Calculate how many Walmart Rewards Points you can earn based on your spend and compare the results side by side any cards featured on the site.

Capital One Walmart Rewards Mastercard

Capital One Walmart Rewards Mastercard Calculator

Earns 5% cash back on Walmart.com and Walmart Mobile Apps, 2% back on in-store Walmart purchases, at Walmart & Murphy gas stations, on purchases of gift cards at Walmart, and on dining & travel purchases. All other purchases earn 1% back. No annual fee.
Capital One Walmart Rewards Store Card

Capital One Walmart Rewards Store Card Calculator

Earns 5% cash back on Walmart.com and Walmart Mobile Apps, 2% back on in-store Walmart purchases, at Walmart & Murphy gas stations, and on purchases of gift cards at Walmart. Card cannot be used outside of those categories. No annual fee.

Walmart Rewards Program

The Walmart Rewards Program is available to those who own the Capital One Walmart Mastercard or Capital One Walmart Store Card. You'll earn Walmart Rewards Points as you run spend through either of these cards and you'll be able to view your rewards as well as manage them through either walmart.capitalone.com or the Capital One Mobile app.

Rewards Points earned with either Walmart credit card will not expire as long as your account is opened. Closing your account will forfeit all of your Walmart Rewards Points.

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

Redeeming Walmart Rewards Points

If you're familiar with how Capital One works it's own cash back and miles rewards cards, redeeming your Walmart Rewards Points will feel no different. Generally, using your points to cover past purchases or using them as statement credits will be the better option. This is because you can still earn rewards on your initial purchase and then turn around and use your rewards towards that purchase. If you use your points directly, say at checkout, you will not end up using your Walmart credit card so you will not earn any points. You'll just be redeeming them without earning any kind of rewards.

Redeeming Points At Checkout

Walmart Rewards Points earned with the Walmart Rewards Mastercard and Walmart Store Card can be used towards purchases made at checkout. 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.

Other Redemption Options

Walmart Rewards Points earned with the Walmart Rewards Mastercard and Walmart Store Card can also be used for account credits for other non-Walmart purchases and be used to pick up gift cards. 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 Store Card will not be able to redeem their rewards for travel.

Walmart Rewards Points Value Calculator

Use the Walmart Rewards Points Value Calculator to calculate the cash value of points earned in the program. Points are displayed in points, but you're really just earning cash back. One point earned with Walmart is equal to 1 cent in cash back. So if you have 100 points, you have $1 in cash back.

Walmart Rewards Points Value Calculator

Enter any amount of points to see the average cash value.
Points
All Redemptions
1 Cent Each
$0

Other Useful Information

If you haven't already, you'll want to create a Walmart.com account. This will make shopping with your Walmart credit card easier and allow you to do a number of other things including:

  • Track Orders
  • Access Walmart Pharmacy History/Prescriptions
  • Create Lists of Items For Easy Purchasing
  • Create Gift Registries
  • Enjoy Movies From Walmart's Digital Library

Once you create an account it will be easier to checkout and earn Walmart Rewards Points on your purchases at Walmart.com as well as seamlessly allow you to use your earned rewards at checkout whenever you want to.

FAQ

Does Walmart have a rewards program?

Yes. The Walmart Rewards Program is available for those who own either the Capital One Walmart Mastercard or Capital One Walmart (Store) Card.

What can you use Walmart Rewards Points for?

Walmart Rewards Points can be used at the register during checkout or they can be redeem for previous purchases made to your Capital One Walmart Rewards Card. If you have the Mastercard, you can use them for travel which includes flights, car rentals, and hotels.

How do I redeem my 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 it will be if you shop on Walmart.com. If you shop in-store, you can use the Best Credit Cards For Walmart Purchases Calculator to get a list of the top cards based on your spend (in-store and online).

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