This gives you the chance to save a little bit of money in the long run. Since you get a small discount on Walmart purchases, you can also pay for all of your purchases with your card for the entire month and then pay that balance off in full when you get your bill. When you consider the relatively high credit limit that’s typically approved, it makes it a great option for emergencies. It’s versatile, it’s flexible, and the rates are competitive enough that it’s worth having. In reality, this is probably one of the better options for people that are looking to keep a few credit cards with them at all times. It only takes about five minutes for the application process, and the amount of information that you have to present to the Walmart associates is minimal. If approved, you’re given a temporary number that can be used to pay for your purchases until you receive your actual card in the mail. It only takes a minute or two and in most cases, you can either do it online or you can choose to apply right there at the register at your local Walmart. Furthermore, applying for the card is relatively painless. Typically, if you go shopping at Walmart or you visit the company’s website and you use the credit card to pay for your purchases, you can expect a small discount. If you do, it’s going to take you a long time to pay it off because of the higher credit limit. The important thing is to remember to resist the temptation to charge that card way up to its limit just because it’s there. As long as you know how to manage your money and avoid getting into trouble with credit cards, this can be very helpful in the case of an emergency. Generally speaking, the credit limits on these cards are much higher than other cards, and it isn’t uncommon for people with mediocre credit ratings to be approved for credit limits that are over $2,000. In other words, it will depend on your own credit rating how much you are approved for. That’s about as good as it gets, especially in a world where people are paying so much for credit cards.Ĭredit limits that are approved for the card vary depending on your circumstances. For example, if you’re carrying a balance of $300, your minimum payment is probably going to be around $15 or $20. In addition, payments are typically a very small percentage of your overall balance. Since a lot of credit cards have interest rates that start at around 30 percent and go up from there, this is one of the better ones, although there are obviously better options out there for people who have excellent credit. You can expect an interest rate of a little under 23 percent, 22.9 percent to be exact. Of course, you can also use the card to make your purchases there whenever you shop.Īs far as interest rates go, the card is not among the best options but it’s not terrible, either. That means that you can purchase gas with it, go out to eat, or do any number of other things with this card that have nothing to do shopping at Walmart. When you’re approved for the card, you are issued a MasterCard and you can use that in any location that accepts that particular card type. In reality, you would use that just like you would use any other credit card. If you want to know more about it, keep reading.įirst and foremost, it’s important to know that when you are approved for a Walmart credit card, it isn’t something that you can just use at Walmart. Have you ever wondered if it’s worth it to actually go ahead and get it? It seems like a lot of people have the idea that the card isn’t really all that great, but you might be fooling yourself. If you shop at Walmart very often, there’s a better than average chance that you’ve been offered the opportunity to apply for a Walmart credit card, probably several times over.
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