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Amazon Prime Rewards Visa Signature Card Vs. Capital One Walmart Rewards Card

Amazon Prime Rewards Visa Signature Card vs. Capital One Walmart Rewards Card
Written by publishing team

Retail giants Walmart and Amazon are known for their low prices, convenience, and wide selection of products. Both offer attractive credit cards that reward brand loyalty.

With 2-day shipping, live streaming, grocery delivery, diversity, and competitive pricing, Amazon has become synonymous with online shopping. The Amazon Prime Rewards Visa Signature Card entices Amazon Prime members with benefits such as reward points, valuable welcome rewards and exclusive cardholder discounts.

Walmart, which has long been a brick-and-mortar retailer at incredibly low prices, is competing with Amazon by giving Walmart.com shoppers free two-day shipping with no membership required. The Capital One Walmart Rewards Card makes shopping with Walmart.com even sweeter by offering 5 percent off online purchases.

We’re putting the Amazon Prime Rewards Card and Capital One Walmart Rewards Card to the test to help you decide which card you should have in your wallet.

Comparison: Amazon Prime Rewards Visa Signature Card vs. Capital One Walmart Rewards

As with other retail cards, both Amazon Prime Rewards and Walmart Rewards cards offer lucrative rewards to card members loyal to their brands.

With the Amazon Prime Rewards Card, Prime members earn unlimited 5 percent rewards at Amazon.com, Amazon stores, and in the Whole Foods Marketplace, as well as 1 percent and 2 percent reward tiers. The Walmart Rewards card offers 5 percent equal competition, but only at Walmart.com. Walmart store purchases earn points at a rate of 2 percent, and other purchases earn 1 percent or 2 percent.

When it comes to welcome bonuses, these cards reward new cardholders in various ways. Amazon Prime Rewards cardholders instantly receive a $150 Amazon gift card, while those with a Walmart Rewards card enjoy a 5 percent redemption rate on Walmart in-store purchases for the first year, which is a 3 percent increase over the usual rewards rate for this category. .

Although there is no annual fee or introductory April rate for any two cards, the Amazon Prime Rewards card has a lower annual percentage rate range.

welcome bonus $150 Amazon Gift Card 5% back to Walmart for the first 12 months
Rewards rate 1% to 5% back 1% to 5% back
Enter April Unavailable Unavailable
normal april 14.24% to 22.24% (variable) 17.99% to 26.99% (variable)
Annual fee $0 (Amazon Prime subscription $119 required) 0 dollars

Amazon Prime Rewards Visa Signature Card vs. Capital One Walmart Rewards Card

Let’s take a closer look at how these two cards compare when it comes to welcome bonuses, bonus rates, annual fees, and foreign transaction fees.

Welcome Bonus Winner: Capital One Walmart Rewards Card

New Amazon Prime Rewards Visa cardholders get a $150 Amazon Gift Card instantly, upon approval. This is a useful gift card, as it can be used on any of the millions of products on Amazon. However, to take advantage of the 5 percent bonus rate, you’ll need to pay $119 per year to become an Amazon Prime member. After the membership fee, you basically earn $31 from that gift card, which makes the bonus seem less than a good deal.

The Capital One Walmart Rewards Card offers a welcome bonus of up to 5 percent on purchases made in Walmart stores using the Walmart Pay app for the first 12 months. After 12 months, the rewards rate for purchases made in Walmart stores drops to 2 percent. (Note that Walmart.com purchases always earn 5 percent.)

While Walmart Rewards’ welcome offer sounds less exciting than Amazon’s, it could potentially be more beneficial since you don’t have to pay the membership fee to unlock the 5 percent reward tier. After spending just $620 at Walmart, you’ll exceed the $31 net profit you’ll earn with Amazon’s welcome offer, and there’s no cap on Capital One Walmart Rewards that boosted its earnings by 5 percent for the first year.

Rewards rate winner: Amazon Prime Rewards Visa Signature Card

The Amazon Prime Rewards Card earns unlimited rewards of 5 percent on Amazon.com, Amazon Store and Whole Foods Market purchases, 2% at restaurants, gas stations and pharmacies and 1% back on all other purchases. This card also comes with “Prime Card Bonus” offers of up to 25 percent cashback on select Prime purchases.

The Capital One Walmart Rewards Card earns you 5 percent rewards at Walmart.com, including purchases and deliveries, 2 percent on purchases made at Walmart stores, in restaurants and on travel and 1 percent on all other purchases.

Other retail cards typically give you the highest rewards rate on purchases in their stores — both on premises and online — so the fact that 5 percent in Walmart stores is just a welcome offer for a limited time is disappointing. Additionally, to take advantage of the welcome offer rewards price, you need to use the Walmart Pay app to make in-store purchases. If you accidentally access your credit card instead of paying with the app in the store, you’ll only earn 2 percent at Walmart stores during the introductory 12-month period.

It’s also important to note that these cards have slightly different denominations for 2 percent bonus levels. Amazon Prime Rewards gives you 2 percent on drugstore, gas station and restaurant purchases, and the Walmart Rewards Card gives you 2 percent back on Walmart store, restaurant, and travel purchases.

Although we’ve determined that Amazon Prime Rewards has objectively better reward rates, the Capital One Walmart Rewards card may be better for you if you shop at Walmart.com via Walmart and Amazon.com stores.

Annual Fee Winner: Capital One Walmart Rewards Card

Both the Amazon Prime Rewards Visa Signature Card and the Capital One Walmart Rewards Card offer the same attractive $0 annual fee, meaning you don’t have to worry about making sure your rewards outweigh the costs of the card.

However, even though there are no Amazon Prime Rewards fees, you still need to spend $119 on an annual Amazon Prime membership to earn 5 percent of Amazon purchases. Since you basically have to pay to unlock the highest tier of Amazon Prime Rewards, the Walmart Rewards card is a winner when it comes to annual fees.

Foreign Transaction Fee Winner: TIE

Neither card charges foreign transaction fees, which makes it a good choice when traveling abroad or making online purchases from e-commerce stores located abroad.

If you don’t already have a separate travel card in your wallet, the Walmart Rewards card is a good option for booking travel and making purchases abroad due to its 2 percent travel rewards rate and lack of foreign transaction fees.

Which card do you win the most?

The Amazon Prime Rewards Visa Signature Card and Capital One Walmart Rewards Card each offer 5 percent, 2 percent and 1 percent denominations with similar structures. This means that card earnings will depend on your spending habits and shopping preferences (eg Amazon.com versus Walmart.com, online shopping versus in-person shopping).

Amazon Prime Rewards Visa Signature Card for Capital One Walmart Rewards spend

Let’s say in one year you spend $2,000 on online purchases, $8,000 on groceries, $500 at drugstores, $500 on travel, and $1,000 on miscellaneous purchases that don’t fit into any other spending category.

If you have an Amazon Prime Rewards Card, you’ll earn $100 on online purchases through Amazon.com, $400 on groceries from Whole Foods, $10 at drugstores, $5 on travel and $10 on miscellaneous purchases, for a grand total It’s $525. back.

With the Capital One Walmart Rewards Card, you’ll earn $100 on online purchases made through Walmart.com, $400 on groceries at Walmart stores through Walmart Pay within the first 12 months, $5 at drugstores, and $10 on travel and $10 on miscellaneous purchases, for a grand total of $525. After the welcome bonus expires, this scenario will earn you $285 each subsequent year (as the price drops to 2 percent for in-store purchases).

In this scenario, both cards will earn the same rewards during their first introductory 12-month period. In the second year of card membership, the Amazon Prime Rewards card will be more beneficial.

Why should you get an Amazon Prime Rewards Visa Signature Card?

Simply put, if you already have an Amazon Prime membership and frequently shop with Amazon, you’ll probably want to have an Amazon Prime Rewards Visa Signature Card in your wallet. The 5 percent off Amazon.com, Amazon store, and Whole Foods purchases makes this card very attractive.

Additional benefits

Amazon Prime Rewards cardholders benefit from Visa Signature perks, which include access to Visa Signature Concierge, room upgrades, free Wi-Fi, food and beverage credit, free breakfast, and late checkout at any of 900 Visa establishments. Signature luxury hotel group.

Cardholders also have protections for travelers, roadside and consumers that are useful out and about on the road and at home.

Recovery Options

The Amazon Prime Rewards card gives you points instead of cashback. Each point equals one cent, which means you’ll earn $1 in rewards for every $20 you spend at Amazon or Whole Foods, every $50 you spend at gas stations, restaurants, or drugstores, or every $100 you spend on other purchases.

There are several ways to redeem points, including:

  • Swap it for a cash deposit in a qualifying checking or savings account
  • Recover your account balance
  • Get Amazon.com Credit
  • Book your travel via Chase
  • Trade them for gift cards

Recommended credit score

You need good to excellent credit to qualify for the Amazon Prime Rewards Visa Signature, which means you’ll need a FICO score between 670 and 850.

Why should you get a Capital One Walmart Rewards Card?

If you frequently shop at Walmart, getting a Capital One Walmart Rewards card is a no-brainer. With a higher rewards rate when you shop at Walmart.com, this card encourages you to shop online instead of in Walmart stores.

Additional benefits

When this card is approved, you will receive an instant card number so you can start using it right away. No need to wait for the card to arrive in the mail.

Capital One offers additional perks, such as an app-activated card lock feature to protect you if your card is lost or stolen, $0 fraud liability and no APR penalty.

Recovery Options

The Walmart Rewards card offers multiple ways to redeem your points that never expire. As with the Amazon Prime Rewards card, 1 point is 1 cent with a Walmart card, which means you’ll need to collect 100 points to earn $1 in rewards — that’s $20 spent on Walmart.com purchases, and $50 at Walmart stores, restaurants, or When traveling or $100 on other purchases.

You can redeem points:

  • Cash, in the form of a check or statement of credit
  • to cover a purchase
  • For gift cards from Walmart and other stores
  • To travel via Capital One Travel

Recommended credit score

In order to qualify for the Capital One Walmart Rewards card, you’ll need good to excellent credit, which typically falls in the FICO score range of 670 to 850.

bottom line

The Amazon Prime Rewards Visa Signature Card and Capital One Walmart Rewards Card are attractive brand name cards from the biggest name in retail. They offer similar levels of points collection and, as with other retail cards, reward card members for their loyalty.

Since neither card charges an annual fee, and both sellers carry an impressive number of products, they’re great retail card options. The best card for you depends on where you shop the most and which card will provide the most value for your spending habits and lifestyle.

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publishing team