Walmart unveils new rewards credit card, but some experts say proceed with caution

Jacob Passy
Walmart unveils new rewards credit card, but some experts say proceed with caution

The Capital One Walmart Rewards Mastercard (MA) will become available to shoppers starting Sept. 24. The credit card’s rewards represent an upgrade to Walmart’s existing credit card, and was designed with online shopping in mind. The card comes with an introductory offer of 5% back on purchases made at the big-box store using Walmart Pay, the retailer’s mobile pay app, for the first 12 months after approval.