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Calculator: What's The Value of Walmart Rewards Points?

Discover the true worth of Walmart Rewards Points, explore the top redemption options, and calculate their average value with our point calculator.
Last Updated: 02-08-2024

Walmart Rewards points can be redeemed for cash, statement credits, gift cards, travel, and towards card purchases.

Walmart Rewards points value

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

Here's our valuations for Walmart Rewards points:

Redemption options Redemption point value (in cents)
All redemptions 1

Ways to redeem 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 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 Capital One® Walmart Rewards® Mastercard® and Capital One Walmart Rewards Credit Card can be applied to purchases you've already made with Walmart. You can do this through the Capital One App or through

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 Capital One 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 Capital One 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.

Calculator: Walmart 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.

Walmart Points Value Calculator

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


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, the Capital One mobile app, or directly on at checkout.

How much are Walmart Rewards Points worth?

Walmart Rewards Points are worth 1 cent each. Every 100 points earned is equal to $1 in cash rewards.