Up to 70,000 Points + First-Year Free + 0% FX-Fee
More Info
Walmart Super center Canada

Best Credit Cards for Walmart Canada – July 2021

Jun 20, 2021
by Jean-Maximilien Voisine
To the point

Are you looking for a credit card to shop at Walmart? Here is our pick of the best credit cards for Walmart Canada.

Walmart Canada Credit cards

Walmart Canada offers two credit cards:

Walmart Fr cards

Here are the main features of these two Walmart credit cards:

Walmart Rewards Mastercard Walmart Rewards World Mastercard
Household income required $0 $100,000+
Annual fee $0 $0
Online at walmart.ca 1,25 % 3 %
At any Walmart store in Canada 1,25 % 1,25 %
At any gas station 1 % 1,25 %
Everywhere else 1 % 1 %

Both Walmart Canada credit cards are attractive, with no annual fee.

However, the most exciting card – the World version – requires an Annual household income of $100,000, which is high compared to other credit cards with similar benefits.

Spending Category

Note that most credit cards consider Walmart – like Costco – to be warehouse stores. As a result, the “for all purchases” earn rate will apply – not the accelerated grocery rate for a card like the American Express CobaltTM Card with 5 points per dollar. At Walmart, it will, therefore, be only 1 point.

However, on the Mastercard side, some credit cards consider Walmart Supercentres like grocery stores.

Other Credit Cards for shopping at Walmart Canada

In Canada, several credit cards are interesting for shopping at Walmart, but also elsewhere. Here’s our selection of credit cards with no annual fee from 5 issuers:

SimplyCash™ from American Express

Would you like a cashback credit card with no-annual-fee and a high earning rate on all your purchases? Here’s an option for you: the SimplyCash™ from American Express.

With this Card, you earn a 1.25% cashback on all purchases.

For the first 6 months, you can earn 4% cash back with the SimplyCash™ from American Express (up to $200 cash back).

And you’ll get insurance with it: $100,000 travel accident insurance, Purchase Protection® Plan, Buyer’s Assurance® Protection Plan.

This Card + Walmart

With the SimplyCash™ from American Express, you earn 1.25% on your purchases at Walmart (in-store and online), but also on your gas purchases and everywhere else!

And this credit card doesn’t require any minimum income, unlike Walmart’s World Mastercard version.

BMO® CashBack® Mastercard®*

The BMO® CashBack® Mastercard®* is a cash back credit card with no annual fee.

With this card, you can get 5% cash back in your first 3 months. It’s a maximum welcome bonus of $100.

Then you get:

  • 3% cash back on grocery purchases, including at Walmart Supercenters
  • 1% cash back on recurring bill payments

Finally, you can also get a 1.99% introductory interest rate on Balance Transfers for 9 months.

This Card + Walmart

With the BMO® CashBack® Mastercard®*, you earn 3% on your purchases at Walmart Supercentres, which qualify in the Grocery spending category. And you’ll also get 1% on recurring bill payments!

In other Walmart and online stores, and anywhere else you’ll get 0.5%.

MBNA Rewards Platinum Plus® Mastercard®

The MBNA Rewards Platinum Plus® Mastercard® is one of the best no-fee credit cards in Canada.

With this card, you earn 2 points per dollar on some purchases:

  • Dining
  • Groceries
  • Digital media (Netflix, Spotify, etc.)
  • Memberships
  • Household utilities (electricity, etc.)

And 1 point per dollar everywhere else.

For a limited time, you can get 10,000 welcome bonus points, a $100 value on travel purchases charged to your Card.

This Card + Walmart

With the MBNA Rewards Platinum Plus® Mastercard®, you earn 2 points per dollar on your purchases in Walmart Supercentres, which qualify in the Grocery spending category. And you also earn 2 points per dollar on gas and restaurants purchases!

In other Walmart stores and online, you earn 1 point per dollar like anywhere else.

MBNA Rewards Platinum Plus® Mastercard®

The MBNA Smart Cash Platinum Plus® Mastercard® is one of Canada’s best cashback credit cards with no annual fee.

With this card you can get 2% for some purchases:

  • gas
  • grocery stores

Until the total gas and grocery purchases in the applicable month reaches $500. And 0.5% everywhere else.

For a limited time, you can get 5% cash back for the first 6 months, up to $150.

This Card + Walmart

With the MBNA Smart Cash Platinum Plus® Mastercard®, you earn 2% cash back on your purchases at Walmart Supercentres , which qualify in the Grocery spending category. And you’ll also get 2% cash back on gas purchases!

In other Walmart and online stores, and anywhere else you’ll get 0.5%.

Scotiabank American Express® Card

The Scotiabank American Express® Card is one of the best credit cards with no annual fee in Canada.

You can get 5,000 points as a welcome bonus.

With the Scotiabank American Express® Card , you get:

  • Travel Emergency Medical Insurance
  • Trip Interruption Insurance
  • Rental Car Collision Loss/Damage Insurance
  • Travel Accident Insurance

Which is rare for a credit card with no annual fee!

This Card + Walmart

With the Scotiabank American Express® Card, you earn 1 point per dollar on your purchases at Walmart (in-store and online), but also on your gas purchases and anywhere else!

But above all, it is one of the only credit cards with no annual fee in Canada, you can get with a $12,000 income, offering reliable insurance for your travels!

Tangerine Money-Back Credit Card

The Tangerine Money-Back Credit Card has no annual fee and offers cashback.

You can choose two to three categories of purchases (grocery, gas, furniture, home improvement, recurring bill payments, drug store, etc.) to earn 2% cashback! And with unlimited annual cashback!

Besides, the Tangerine Money-Back Credit Card comes with additional benefits:

  • 90 days purchase insurance
  • One year extended warranty
This Card + Walmart

With the Tangerine Money-Back Credit Card, you earn 2% on your purchases in Walmart Supercentres, which qualify in the Grocery spending category.

In other Walmart stores and online, you earn 0.5%. You can also choose up to 2 additional spending categories (like gas and recurring bill payments) to get 2% as well.

Tangerine World Mastercard

If you have an individual income of $60,000 or a family income of $100,000, you could choose to apply for the World Mastercard Tangerine. This credit card has no annual fee and offers cashback.

You can choose two to three categories of purchases (grocery, gas, furniture, home improvement, recurring bill payments, drug store, etc.) to earn 2% cashback! And with unlimited annual cashback!

Besides, the World Mastercard Tangerine comes with additional benefits:

  • 90 days purchase insurance
  • One year extended warranty
  • Mobile Device Insurance
  • Rental Car Collision/Loss Damage Insurance

Conclusion

You can see it: you are not limited to the two credit cards issued by Walmart Canada. Other options that are just as or even more appealing are available to you in Canada!

Check out our other credit card rankings :

Cover picture: Benchapple

Tags: Credit card offers, Offers of the month,

Suggested Reading