How to apply and get your Walmart credit card approved fast
Walmart credit card – It has been observed that a growing number of Americans are keying into Walmart credit card, the need to keep funds handy at all times possibly had necessitate this upward trend.
Money is a store of value which when attributed to its purchasing power makes it a desirable commodity by all concerned, to this end, the use of credit card becomes relevant and most indispensable as deemed by individuals.
What is credit card all about?
A credit card is a payment card issued to a bearer/user which aim is to enable the bearer pay a merchant for settlement of goods and services, the bearer is expected to pay back the said amount funded on a later schedule date alongside other accrued charges subject to the terms of usage.
By this, it means that the bearer is at liberty to make purchases with the card according their spending preference and ability, they are solely responsible for purchases, the issuer holds them accountable for repayment when appropriate.
It then becomes necessary to understand that certain factors affect/ tend to checkmate or determine your suitability to use a credit card. Financial institutions don’t do bonanza, money is not being thrown at anyone who said “Hey I need a credit card” you ought to had merit it across various standards and protocols.
Top on these factors is your personal credit score.
What is a credit score?
A credit score simply put is a numerical expression of your credit worthiness, positioned in your credit file, obtained via information on the basis of your credit report from the “Credit Bureaus.”
It then stand that to access a Walmart credit card, you ought to have a very good and not damaged credit report.
It can be deducted that a credit report shows how faithful you have been in repayment of loans at all facets, it doesn’t matter who offers such loans, credit report centers on your ability to keep your words as regards funds made available to you in the past.
As a matter of necessity, the Credit Bureau is a body charged with the financial responsibility to ensure an up to date record of every ones finances in an economy is well managed.
For instance, if you push for a loan, it rests on credit bureau to ascertain you are not indebted to other financial institutions.
Again, credit bureau helps to support responsible lending, can assist consumers in understanding where they stand with their credit.
Drawing from the Privacy Act, a Credit Bureau collects, holds, uses and discloses personal and credit related information, not only about individuals but companies as well.
What then is Walmart?
Walmart is an American multinational retail corporation that operates a chain of markets which include but not limited to:
- Discount department stores
- Grocery stores etc
Founded by Sam Walton in 1962.
How to apply for a Walmart credit card
Applying and receiving a Walmart credit card does not involve a rocket science.
To get a Walmart credit card, kindly position yourself for an instant approval by following the below steps otherwise your request will be declined.
- You must meet its basic requirements, such as attaining at least 18-year old, own a U.S. mailing address and SSN
- You will need to apply online
- Ensure your credit score is at least 640+
- Take a critical review of your credit reports
- Keep your reports open (Wallethub)
Now to apply for a Walmart credit card properly, kindly follow the under listed steps;
Kindly visit any of these locations to pick up a Walmart Credit Card Application Form
- Walmart store register
- Walmart jewelry kiosk
- Walmart website
Kindly go through the application form carefully and review the card terms and conditions, ensure you gain a proper understanding of what will be binding on you in the cause of this business relationship.
Included in this form and terms are;
- The annual percentage rate
- Payment due dates and billing cycle
- Penalty fee imposed for late return
Understudying the above parameters as contained in the application forms will put you in proper perspective.
Complete the Walmart credit card application by providing;
- Your complete name
- Email address
- Your duration of stay at the residential address provided
- Your telephone number
- Date of birth
- SSN (Social Security Number)
- Mother’s maiden name, check the “I agree box,” accept and submit at once.
Wait for your credit check to be completed
Like stressed earlier, Walmart will go true your credit report to ensure you have the ability to remit your payment when due. This can be ascertained from your credit score with the help of “Credit Bureau.”
All things being equal, you are getting your credit card delivered, then start using it appropriately.
Frequently Asked Questions
Q1. How do I check my Walmart credit card balance?
To check your Walmart credit card balance at once, kindly log on to your online account if already signed up, you can view your transactions from the most recent which as well shows your balance, spending limit.
To get further information on your account, kindly put up a call to the customer service at 877-383-4802.
Q2. How much is Walmart credit card
For the record, Walmart is now partnering with Capital One, it then stands that you now have to access Capital One Walmart Rewards card and the standard Walmart Rewards card.
The question how much is Walmart standard credit card may not have a direct answer, however, there are some fees attached to it should you give your consideration to use it.
Again, the Walmart Capital One Rewards card can be used anywhere unlike the standard Walmart Rewards card that can only be used at Walmart stores and Walmart Murphy USA gas stations.
The APR for these cards is somewhere within 17.99% to 26.99% variable.
Cash advance transaction fee is $10 or 3% of cash advance amount.
Late fee is pegged at upward of $39.
Q3. What does your credit score has to do with getting a Walmart credit card
From the above context, it was stated that a credit score is a degree of numerical measurement of a borrower’s credit worthiness. Your credit score determines if Walmart will go ahead to approve your request for her credit card.
Should you have a bad or damaged credit score, you certainly will not stand a chance whatsoever since no financial institution wants to run into bad debt with their two eyes open.
Credit Bureau plays a vital role in making your credit status available when you try to access loan.
Interestingly, it’s easier to access the Walmart standard Rewards card with a low or fair credit score than the Capital one Rewards card.
A credit score of at least 640 puts you in good light for a possible approval of your application.
Q4. What is Walmart credit card status
When you talk about credit card status, it brings into consideration the credit and debit balance in that card, it’s degree of activeness and preparedness to consummate transaction.
A credit card is said to be in active status if the bearer can settle a merchant for goods and services purchased with every component mechanism in good order.
Your credit card status can go dormant or bad if the issuer at any point deems the bearer incapable of servicing loans or credits allotted to such card in the past.
To check for Walmart credit card application status;
- Call Walmart credit services at 1-877-969-3668
- From the list of language option, press “1” for English
- Then “1” for application status
- Then verify your identity with the Walmart representative.
Walmart now has two cards, Rewards card which ensure its users are rewarded for making purchases with them. However, the Capital One Walmart Rewards card gives more rewards than the Standard Walmart Rewards card.
In all, Walmart credit card is worth giving a shot if you aren’t using any already, kindly click HERE to get started.
Raphael Orji is a freelance writer, professional blogger and a content marketing consultant. I work with small businesses, startups and entrepreneurs in building their brand image with high quality blogging and content marketing strategy.
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