Walmart Rewards World Mastercard
The same 3%/1% Walmart earn as the base card, with added purchase insurance and Delivery Pass months. The income hurdle buys perks, not a better rate.
- Annual fee
- $0
- Welcome offer
- ≈ $25
- First-year value
- ≈ $85estimated
The offer: $25 in Walmart Reward Dollars after a single purchase of $75 or more within 30 days of approval
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
The case
What it does well, and what it costs you
Why it earns its score
- Same 3% Walmart / 1% elsewhere as the base card, plus complimentary Purchase Assurance and Extended Warranty
- Up to 6 months free Walmart Delivery Pass with a subscription
- No annual fee
Where it loses points
- Earn rate is identical to the no-income-requirement base card; the World tier only adds insurance and Delivery Pass months
- Rewards are locked to Walmart; no travel insurance
- Applicants not approved for the Preferred Rate Card pay 26.99%
The details
Earn rates, fees and coverage
| Earn rate | Rate |
|---|---|
| Walmart: in-store, walmart.ca, and Walmart Marketplace | 3% |
| Everything else | 1% |
- Annual fee
- No annual fee
- Interest rates
- 21.99% purchases · 22.99% cash advancesPreferred Rate Card shown; applicants approved only for the Standard Rate Card pay 26.99% purchases / 27.99% cash advances. Cash-advance rate 21.99% in Quebec.
- Included insurance
- Purchase assurance · Extended warranty
Data caveat: Issued by Fairstone Bank of Canada (formerly Duo Bank); a World Mastercard tier, not 'World Elite'. Fairstone publishes no fixed income minimum. Terms sourced from Fairstone's official cardholder agreement, disclosure statement, and Manulife benefit summary.
The score
How we scored it
Six weighted components, each rated 0–10. Rating × weight is what each one contributes; together they make a raw 3.93, published as 3.9.
See the evidence behind each rating
The facts are structured; the rating remains an editorial judgment. Open any component to audit what was considered without mistaking the evidence for an automatic formula.
First-year value3.0/10
The anchor fixes the starting point; the 1.0-point reduction is within the published maximum and makes the reachability judgment visible.
- $85 first-year net value maps to a 4.0/10 baseline.
- Published first-year input: 3.0/10 (-1.0 versus baseline).
Ongoing value4.0/10
This input judges recurring earn and cash-like credits after the annual fee; the welcome offer and non-cash perks are excluded.
- No annual fee.
- Published earn: 3%: Walmart: in-store, walmart.ca, and Walmart Marketplace; 1%: Everything else.
- No cap is stated in the structured earn rows.
Flexibility3.5/10
This input judges how easily Walmart Reward Dollars can become useful value without forcing one narrow redemption path.
- Reward currency: Walmart Reward Dollars.
- Constraint: Rewards are locked to Walmart; no travel insurance
Perk usability4.0/10
This input credits non-cash benefits at realistic use, separate from cash-like credits already counted in ongoing value.
- No airport lounge access.
- 2 published insurance benefits: Purchase assurance; Extended warranty.
- Other published benefit: Up to 6 months free Walmart Delivery Pass with a subscription
Low friction7.0/10
This input combines network acceptance, caps, conditions, eligibility, and operational effort; a higher rating means less friction.
- Mastercard acceptance; 2.5% foreign-transaction fee.
- No published income minimum.
- Eligibility note: Fairstone publishes no fixed income minimum; the World tier is granted on income and credit (third-party estimates cite roughly $100,000 household), or by auto-upgrade after $15,000+ in annual spend on the base card.
- Practical constraint: Earn rate is identical to the no-income-requirement base card; the World tier only adds insurance and Delivery Pass months
Strategic fit4.0/10
This input asks whether the card fills a distinct role in a small wallet rather than duplicating another card; redemption quality is not counted again here.
- Ranking roles: cash-back.
- Fit case: Frequent Walmart shoppers who qualify for the World tier and want purchase insurance plus more free Delivery Pass months.
- Main conflict: You want rewards you can spend anywhere, or the base Walmart card's identical 3%/1% earn is enough.
Offer history
Welcome-offer history
Unchanged since we started tracking it on Jul 19, 2026.
We log every change to this offer, so you can judge whether today’s is genuinely strong or just loudly advertised.
All recorded offers (1)
| Offer | Est. value | Recorded | Status |
|---|---|---|---|
| $25 in Walmart Reward Dollars after a single purchase of $75 or more within 30 days of approval | ≈ $25 | Jul 19, 2026 | Current |
Already have it?
Should you keep it?
There’s no annual fee, so keeping it costs nothing; the only renewal question is whether a different no-fee card would earn more on your spending. Check the rankings or the card finder if you suspect it would.
The bottom line
Is it the right card for you?
Who it’s for
Frequent Walmart shoppers who qualify for the World tier and want purchase insurance plus more free Delivery Pass months.
Who should skip it
You want rewards you can spend anywhere, or the base Walmart card's identical 3%/1% earn is enough.
Rewards math assumes you pay your balance in full every month — interest charges quickly exceed any rewards value.
Source: issuer card page · Last reviewed Oct 4, 2026. Details change often: confirm current terms with the issuer before applying.
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