Credit Cards Reviews
Walmart credit card
Walmart Canada recently revamped its two in-house credit cards. The updates move the cards from being borderline useless to something that could make sense for a narrow group of shoppers. The cards still have glaring weaknesses, but the new reward structure — including category boosts for Walmart-brand products, gas and transit — is a meaningful improvement. What was wrong with the old Walmart cards The original Walmart cards were underwhelming for three main reasons: Weak rewards: 1.25 percent back at physical Walmart locations and 1 percent back on everything else. That 1.25 percent is calculated pre-tax, so after an average sales tax it’s closer to ~1.12 percent effective cashback. Underqualified perks: The higher-earning Walmart World Mastercard offered 3 percent back at walmart.ca but required a very high household income to qualify (around $100,000). Almost no insurance: No complimentary purchase protection or extended warranty. A paid extended warranty plan is available, but it is not included for free. To make matters worse, other mainstream cards already beat those rates at Walmart. For example, some Mastercard products treat Walmart Supercentres as grocery…
