Yes, you can get cash back from a Walmart credit card, but the method depends on which card you have

Walmart offers two credit cards: the Walmart Credit Card (store card) and the Walmart Rewards Card (Mastercard). Neither card lets you withdraw cash directly at an ATM using your credit line. However, both cards earn rewards that you can convert to cash or use as statement credits. The Walmart Credit Card earns 3% cash back on Walmart.com purchases and 2% at Walmart stores. The Walmart Rewards Card earns 3% cash back on Walmart purchases and 1% on everything else.

The key difference is how you access that cash back. With the Walmart Credit Card, you redeem rewards through your Walmart.com account or in-store. With the Walmart Rewards Card, you can request a check, use a statement credit, or transfer rewards to a linked bank account. Neither card charges a fee to redeem.

Key Takeaways

  • The Walmart Credit Card earns 3% cash back at Walmart.com and 2% in stores, redeemable through your online account or at checkout.
  • The Walmart Rewards Card earns 3% at Walmart and 1% everywhere else, with options to receive cash back as a check, statement credit, or bank transfer.
  • You cannot withdraw cash from either card at an ATM — cash back is earned through purchases and redeemed through the card issuer.
  • Rewards do not expire as long as your account remains open and in good standing.

How the Walmart Credit Card handles cash back

The Walmart Credit Card is issued by Walmart and Capital One. When you use it at Walmart or Walmart.com, you earn cash back automatically — there is nothing to set up or enroll in. Your rewards balance appears in your Walmart.com account under "Rewards" or in the Walmart mobile app.

To redeem, log into Walmart.com, go to your account, and select "Redeem Rewards." You can choose to explore the cash back as a statement credit (which reduces your credit card bill) or as a Walmart.com discount code. You can also redeem in-store at checkout by telling the cashier you want to use your rewards. The minimum redemption is usually $1, and there is no maximum.

One limitation: this card only earns rewards at Walmart locations and Walmart.com. Purchases at other stores earn no cash back, even if you use the card elsewhere.

How the Walmart Rewards Card handles cash back

The Walmart Rewards Card is a Mastercard issued by Capital One. It earns rewards everywhere you shop, not just at Walmart. You can redeem your cash back in three ways: as a statement credit, as a check mailed to your address, or as a direct deposit to your bank account.

To redeem, log into your Capital One account online or through the Capital One mobile app. Select "Redeem Rewards" and choose your method. A statement credit posts within one to two billing cycles. A check takes five to seven business days after you request it. A direct deposit typically arrives within one to two business days, depending on your bank.

This card has no annual fee and no minimum redemption amount. You can redeem $1 or $100 — the choice is yours. Unlike the store card, this Mastercard works anywhere, so you earn 1% cash back on gas, groceries, restaurants, and other purchases outside Walmart.

The difference between cash back and statement credits

A statement credit reduces your credit card balance directly. If you owe $500 and redeem $50 in cash back as a statement credit, your new balance becomes $450. This is useful if you carry a balance, because it lowers what you owe without requiring you to make a separate payment.

Cash back as a check or bank transfer is actual money you receive. You can spend it anywhere, not just at Walmart. This matters if you want to use the rewards for something other than paying your credit card bill or shopping at Walmart.

Neither option is "better" — it depends on your situation. If you want to reduce your credit card debt, use a statement credit. If you want cash in hand, request a check or bank transfer.

When rewards expire and what happens if you close your account

Rewards on both Walmart cards do not expire as long as your account is open and in good standing. "Good standing" means you are not in default and you have not had your account closed by the issuer. If you stop using the card but keep the account open, your rewards stay there.

If you close the account yourself, you have a limited window to redeem your rewards — usually 30 to 60 days, depending on the card issuer. After that, unredeemed rewards are forfeited. If the issuer closes your account due to non-payment or fraud, you may lose your rewards when ready. Always redeem before closing an account.

How cash back compares to other Walmart rewards programs

Walmart also offers the Walmart+ membership program, which gives members 2% cash back on fuel and travel bookings through Walmart Travel, plus free shipping and other perks. If you have both a Walmart credit card and Walmart+, the rewards stack — you earn credit card cash back plus Walmart+ benefits on the same purchase.

The Walmart+ membership costs $98 per year or $12.98 per month. It is worth considering if you buy gas regularly or travel frequently. The credit card alone has no membership fee, so it is the lower-cost way to earn cash back if you only shop at Walmart occasionally.

Frequently Asked Questions

Can I withdraw cash from a Walmart credit card at an ATM?

No. Neither the Walmart Credit Card nor the Walmart Rewards Card allows ATM cash withdrawals. You can only access cash back by redeeming your earned rewards through your account or requesting a check or bank transfer.

Do I have to spend a certain amount to earn cash back?

No. Both cards earn cash back on every purchase, with no minimum spending requirement. You earn 2% or 3% depending on where you shop and which card you have. There is no threshold you have to reach before rewards start posting.

What happens to my rewards if I miss a payment?

Your rewards do not disappear if you miss one payment, but your account may be flagged as delinquent. If your account is closed due to non-payment, you may lose access to unredeemed rewards. Always try to redeem before your account reaches that point.

Can I transfer my Walmart credit card rewards to another card or account?

The Walmart Credit Card rewards can only be redeemed at Walmart or as a statement credit on that card. The Walmart Rewards Card allows you to transfer rewards to a bank account via direct deposit, but not to another credit card or rewards program.

How long does it take to see cash back after I redeem it?

A statement credit posts within one to two billing cycles. A check takes five to seven business days after you request it. A direct deposit to your bank account typically arrives within one to two business days, depending on your bank's processing time.