"What is the difference between the Walmart Rewards Mastercard and the Walmart Rewards World Mastercard?"

"The World Mastercard version offers a higher earn rate at Walmart properties (Walmart.ca and in-store) compared to the standard Mastercard. The World Mastercard also includes World Mastercard benefits such as Mastercard Travel Rewards, purchase assurance, and extended warranty coverage. The tradeoff is a higher income requirement — the World Mastercard typically requires $60,000+ personal or $100,000+ household income. If you qualify and shop at Walmart frequently, the higher earn rate typically makes the World Mastercard the better choice."

"Does the Walmart Rewards World Mastercard have an annual fee?"

"Verify the current fee status at Walmart.ca — as of 2026, the Walmart Rewards World Mastercard may or may not have an annual fee depending on current promotions and Capital One''s terms. The standard Walmart Rewards Mastercard has no annual fee."

"What income do I need for the Walmart Rewards World Mastercard?"

"The World Mastercard tier typically requires a minimum personal income of $60,000 or household income of $100,000. These thresholds are standard for most World Mastercard products in Canada. The standard Walmart Rewards Mastercard has lower or no income requirements."

"How are Walmart Rewards redeemed?"

"Walmart Rewards earned on either Walmart card can be redeemed for statement credits or in-store/online Walmart purchases. Rewards do not expire while your account is active. Minimum redemption thresholds apply — verify the current minimum at Walmart.ca."

"Is the Walmart Rewards World Mastercard accepted everywhere?"

"Yes — as a World Mastercard, it is accepted at any Mastercard merchant worldwide. The elevated earn rate applies at Walmart.ca and in Walmart Canada stores. All other purchases earn at the base Mastercard rate."

Walmart Rewards World Mastercard Review 2026: Is It Worth It in Canada?

The Walmart Rewards World Mastercard is the premium tier of Capital One’s Walmart co-branded credit card in Canada. It offers a higher earn rate on Walmart purchases than the standard Mastercard, along with World Mastercard benefits including purchase assurance and extended warranty. For frequent Walmart shoppers who meet the income requirements, the World Mastercard offers meaningfully better value.

Quick Verdict

Best for: Regular Walmart shoppers who meet the income requirement and want the highest Walmart earn rate available; also suitable as a secondary card used exclusively for Walmart purchases.
Not ideal for: Those who primarily shop at Loblaws/Shoppers Drug Mart (the PC Financial World Elite is stronger); those who want cash back on all spending categories rather than store-specific rewards; anyone below the income threshold (the standard Walmart Mastercard is the alternative).

Key Card Details

Feature	Detail
Annual fee	Verify at Walmart.ca
Purchase interest rate	19.99%
Cash advance rate	22.99%
Foreign transaction fee	2.5%
Income requirement	$60,000 personal / $100,000 household (typical)
Network	Mastercard (World tier)
Welcome bonus	Verify current offer at Walmart.ca

Terms subject to change. Verify current earn rates, annual fee, and welcome bonus at Walmart.ca before applying.

World Mastercard Benefits

As a World Mastercard product, this card includes:

Purchase assurance — covers theft and damage for 90 days after purchase
Extended warranty — doubles manufacturer’s warranty up to 1 additional year
Mastercard Travel Rewards — access to Mastercard’s travel booking and discount platform
Zero liability — protection against unauthorized transactions

Earn Rates

Earn rates are higher at Walmart.ca and in Walmart Canada stores than the base rate on general Mastercard spending. Verify the current exact rates at Walmart.ca — earn rates are subject to change.

Walmart Rewards vs. Competitors

Card	Fee	Best Rate	Best Rewards For
Walmart Rewards World Mastercard	Verify	Elevated at Walmart	Walmart-heavy shoppers
Walmart Rewards Mastercard	$0	Lower Walmart rate	Casual Walmart shoppers
PC Financial World Elite	$0	4.5% at Loblaws/Shoppers	Loblaws/Shoppers shoppers
BMO CashBack World Elite	$120	5% grocery	Non-Walmart grocery shoppers

Should You Upgrade to the World Mastercard?

The upgrade from the standard Walmart Mastercard to the World Mastercard makes sense if:

You shop at Walmart regularly (weekly or more)
Your household qualifies for the income requirement
You want World Mastercard benefits (purchase assurance, extended warranty)

If you shop at Walmart occasionally, the standard no-fee card is sufficient. If Walmart is your primary grocery store, the World Mastercard earns you meaningfully more on that spending.

Details current as of June 2026. See our Advertiser Disclosure.