Looking for the best Walmart credit card in Canada? You’ve got this.


Find the right credit card.

Get Started

MBNA True Line® Mastercard®

This offer is not available for residents of Quebec.

Annual fee $0
Rewards rate N/A
Bonus offer 0% Promotional interest rate on balance transfers (first 12 months)
Purchase interest rate 12.99%
Balance transfer interest rate 0% 12.99% after 12 months
Cash advance interest rate 24.99%

CIBC Select Visa* Card

†Terms and conditions apply..

Annual fee $29 First-year annual fee rebated†
Rewards rate N/A
Bonus offer 0% Interest rate on balance transfers (up to 10 months†)
Purchase interest rate 13.99%
Balance transfer interest rate 13.99%
Cash advance interest rate 13.99%

TD Cash Back Visa* Card

This offer is not available for residents of Quebec. †Terms and conditions apply..

Annual fee $0
Rewards rate 1% Cash Back Dollars on eligible grocery, gas and and regularly recurring bill payments† set up on your Account
Bonus offer N/A
Purchase interest rate 19.99%
Balance transfer interest rate 22.99%
Cash advance interest rate 22.99%

Tangerine Money-Back Credit Card

This offer is not available for residents of Quebec.

Annual fee $0
Rewards rate 10% Cash back on everyday purchases for a limited time
Bonus offer 1.95% Interest rate on balance transfers (first 6 months)
Purchase interest rate 19.95%
Balance transfer interest rate 1.95% 19.95% after 6 months
Cash advance interest rate 19.95%

TD® Aeroplan® Visa Infinite* Card

This offer is not available for residents of Quebec. †Terms and conditions apply..

Annual fee $139
Rewards rate 1 - 1.5 Aeroplan Points for every $1 spent on eligible purchases
Bonus offer Up to 70,000 Aeroplan points and first year. Must apply online by September 5, 2023.
Purchase interest rate 20.99%
Balance transfer interest rate 22.99%
Cash advance interest rate 22.99%

Why choose LowestRates.ca?

50+ trusted partners (and growing) on our site to compare mortgage rates, insurance and credit cards

$1 billion+ saved in interest and fees

14+ million Canadians helped per year

High praise for LowestRates.ca

May 31
Great service
Great service
Russell Hall
May 27
Quick and easy
Quick and easy, quotes in minutes. Great customer service reps, helpful and know...
May 19
Very simple and quick
Very simple and quick
Shannah B
May 17
Customer service was great
Customer service was great
May 17
Good service and information
Good service and information
May 17
questions answered
questions answered
Aaron Ridsdale
May 16
Excellent customer seevice
Excellent customer seevice
Dave Roach
May 13
Agent listened and answered all…
Agent listened and answered all questions. She was very thorough and quick!
Ben Reginella
May 11
Simply professional and pleasant
Simply professional and pleasant Thank you 👍
Eric Ifrah
May 11
Very polite and explained themselves…
Very polite and explained themselves well
Marilyn Bergeron
May 10
Easy & Professional
Easy, fast, efficient & professional.
May 9
Great service
Great service Very pleasant to talk to
Joesph Vachon
May 6
Fast and easy
They phoned me literally within 30 seconds after my search and helped answer all...
Haley Adkins
May 5
I got the lowest rates I was looking…
I got the lowest rates I was looking for. Thank you.
Muhammed Ibrahim
May 4
Great service. Quick results .
Had a great experience with LowRates !
Amani Elasad

The Walmart advantage.

Walmart is one of Canada’s biggest retailers — more than a million customers visit the 317 retail outlets it operates nationwide. When the company launched Walmart Canada Bank, a subsidiary of Wal-Mart Canada Corp., the multinational’s goal was to bring Canadians financial products and services that help them save money. And it’s done just that. Walmart has a two credit card options in Canada, the Walmart Rewards® Mastercard and the Walmart Rewards® World Mastercard. Doing a side-by-side comparison of Walmart credit cards will help you narrow down your choice. Walmart also offers credit card deals and promotions that allow you to save money each time you shop with them.

Low barrier to entry

It’s relatively easy to qualify for a no-fee Walmart credit card; you only need a household income of $12,000. Plus, Walmart credits cards have no annual fee.

A rewards system that’s easy to understand

Unlike other rewards programs, Walmart’s is refreshingly straightforward. Walmart doesn’t have a credit card points system. Instead, you earn straight-up cash, so it's easy to see how much you’ve earned. However, you can’t redeem your rewards for cold, hard cash — it can only be used for purchases made at Walmart. You can begin redeeming once you’ve earned a minimum of $5. Plus, your balance never expires.

Walmart has you covered

One benefit offered by Walmart that piqued our interest is its Balance Protection Plan. For about $0.95 per $100 balance, this optional insurance plan will pay 5% of your account balance if you suddenly become unable to. Some scenarios that qualify include job loss (the self-employed are excluded), illness, disability, and death.

A few other extras

Each card is enabled with Tap & Go technology and supplementary cards are free. If you’re still in the habit of using cheques, Walmart will hook you up with personalized convenience cheques at no cost. You can easily make in-store and online payments with your Walmart credit card. If you’re using your Walmart credit card to make purchases in another country, you’ll be charged the current exchange rate and the Walmart credit card conversion fees.

How to apply for a Walmart credit card online

You can apply for a Walmart credit card by completing an online Walmart credit card application on their website.

To complete the application, you’ll need to provide:

  • Your legal name
  • Your current and previous addresses
  • Your annual income
  • Your employment details

Walmart will use all the information to pull your personal credit history and review your overall eligibility for the applied Walmart credit card and credit limit. This hard credit check can temporarily drop your credit score, but don’t worry! Your score will bounce back as long as you don’t miss any of your credit card payments.

On passing the Walmart credit card eligibility check, you’ll receive your new card in the mail. Follow the Walmart credit card activation steps to start using your new card.

About Walmart Financial

The first Walmart store opened in 1962 in small-town Arkansas. By 1994, the now-multinational corporation had just expanded into Canada, following the purchase of 122 Woolco stores. Sixteen years later, Walmart shook things up once again by becoming a Canadian credit lender. The multinational corporation is known for competing with other retailers on price. Walmart credit cards are in the Mastercard network. Walmart currently does not offer any Walmart Amex or Walmart Visa credit cards. Please visit the Walmart credit card site for more information on partnerships.

Credit card news

Read More Like This