Capital One Walmart Rewards® Mastercard®
vs. Alliant Visa Signature Card

Both the Capital One Walmart Rewards® Mastercard® and the Alliant Visa Signature Card offer enticing cash back rewards without the burden of an annual fee, making them strong contenders for your wallet. If frequent online shopping at Walmart is part of your routine, the Walmart Card, with its higher cash back rate on Walmart.com, may be the superior choice.

However, the Alliant Visa Signature's broader cash back program and lower credit score requirement for eligibility make it a strong option for those with good to excellent credit. While the Walmart Card is a co-branded store card that maximizes benefits for Walmart shoppers, the Alliant Visa Signature Card's no foreign transaction fees and travel protections should not be overlooked if you travel or shop internationally.

You might prefer the Alliant Visa Signature Card if you value a card that offers a high cash back rate on all purchases, not just at a specific retailer. With up to 2.5% cash back on the first $10,000 of qualifying purchases and no foreign transaction fees, it's a solid choice if you have good to excellent credit and meet the Tier One Rewards criteria.

You might prefer the Capital One Walmart Rewards Mastercard if you frequently shop at Walmart, especially online. With 5% cash back on Walmart.com and a special rate for in-store purchases using Walmart Pay, it's tailored for the Walmart enthusiast. Plus, it's more accessible if you have fair to good credit scores.

Evaluating features like APRs, fees, credit requirements, rewards and introductory offers will clarify which card is for you. For instance, if frequent online shopping at Walmart is routine, the Walmart Card's higher cash back rate on Walmart.com could be advantageous. Conversely, the Alliant Visa Signature's broader cash back program might suit a wider range of purchases.

The Alliant Visa Signature potentially offers a higher cash back rate, up to 2.5% on the first $10,000 of purchases if you qualify for Tier One Rewards, then 1.5% thereafter. However, this higher rate is contingent on meeting specific checking account requirements each month. Without Tier One Rewards, all purchases earn 1.5% cash back.

The Walmart Card, on the other hand, provides a robust 5% back on Walmart.com, including pickup and delivery, which is ideal for frequent online shoppers at Walmart. It also offers 2% back on Walmart in-store, Murphy USA and Walmart fuel stations, as well as on dining and travel, and 1% on all other purchases.

While the Alliant card may offer a higher rate on general purchases, the Walmart Card is particularly strong if you shop regularly at Walmart, both online and in-store. The following table outlines the bonus categories for each card, allowing you to compare their rewards programs at a glance.

With the Alliant Visa Signature, simplicity is key; you can redeem cash back at any time because rewards do not expire. On the other hand, the Walmart Card offers a broader range of redemption options, from statement credits to travel, all without expiration. This flexibility ensures that rewards align with your spending preferences and redemption desires.

MoneyGeek evaluates credit cards like the Walmart Card and Alliant Visa Signature based on their performance in various use cases. This approach ensures that the score reflects the card's performance in the scenario where it provides the most value.

For cash back cards, the primary factors we consider are the effective reward rate and the return on investment for offers. These elements — along with annual fees, introductory purchase rates and issuer satisfaction — contribute to a card's overall score. For a detailed understanding of our process, you can review our ranking methodology.