WalMart Discover Card

Benefits Break Down Up to 1% cash back on all purchases No Annual Fee Annual Percentage Rate varies for each applicant Issued by GE Money Bank Apply Online

If you have read our review on the regular Walmart credit card, you can see that we are not big fans. We decided to go ahead and take a look at the Walmart Discover to see if it was any better than its sibling.

Similarities
Both cards allow you to get three cents off at participating Walmart gas stations. You can also receive no interest for twelve months if you spend more than two hundred and fifty dollars on a single purchase, but this offer only applies to that purchase and not your entire balance. They permit you to get a cash advance once a day when you make a purchase at Walmart. (We are really against cash advances though, because the interest rate for them is outrageous, they can be as high as 28.00%, and a cash advance starts accruing interest the same day). Both cards also have no annual fees.

Rewards Program
At first we thought the rewards program sounded average at one percent cash back, but then we dug a little deeper and found that it’s not a flat one percent on all purchases. Let’s break it down to how much you actually get back.

Only if you spend more than three thousand dollars in a year will you be earning one percent. Plus this resets every year. After you make ten dollars in cash back you will automatically be mailed a check.

All and all, I don’t recommend the Walmart Discover even though it is better than the regular one. The rewards program is bad and the interest rate is high. This is a Discover card which lets you use it anywhere they accept Discover.