Capital One Walmart Rewards® Mastercard®
vs. Credit One Bank® Platinum Rewards Visa® With No Annual Fee

Both the Capital One Walmart Rewards® Mastercard® and the Credit One Bank® Platinum Rewards Visa® With No Annual Fee offer enticing cash back rewards without the burden of an annual fee. For frequent Walmart shoppers, the Walmart Card is the superior choice due to its high cash back rates on Walmart.com and additional rewards on dining and travel.

The Credit One Platinum Rewards has an accessible credit score requirement, catering to those with good to excellent credit.

If you're a regular at Walmart, the co-branded Walmart Card will likely serve you best, but for those with excellent credit, the Credit One Platinum Rewards remains an option.

You might prefer the Walmart Card if you frequently shop on Walmart.com or in Walmart stores. With higher cash back rates in various categories, including online purchases, dining and travel, this card maximizes rewards for diverse spending habits. Additionally, the absence of foreign transaction fees makes it a good companion for international travel.

You might prefer the Credit One Platinum Rewards if your spending is concentrated on gas and groceries. The card's 2% cash back on these essential categories can provide consistent savings. Plus, the added benefits of free online credit score access and customizable account alerts offer convenience and control over your finances.

Evaluating APRs, fees, credit requirements, rewards and other features clarifies which card aligns with your financial habits. For example, frequent Walmart shoppers may lean towards the Walmart Card for its higher online cash back, while those with varied spending might prefer the Credit One Platinum Rewards' broader reward categories.

The Walmart Card edges out the Credit One Platinum Rewards in terms of overall reward value and breadth of categories. With its higher expected reward value of $390 and a diverse rewards structure, it caters well to those who frequently shop online at Walmart and in-store. The 5% cash back on Walmart.com purchases, including pickup and delivery, is particularly lucrative.

While the Credit One Platinum Rewards doesn't match up overall, its 2% cash back on essential services like gas, groceries and various household utilities is noteworthy, especially for those who prioritize these expenses.

For Walmart enthusiasts, the additional perks of shopping with the Walmart Card can add up quickly, making it a compelling option for brand loyalists. However, if your spending is heavily skewed towards the specific categories rewarded by the Credit One Platinum Rewards, it could be a contender for your wallet.

Below is a table of bonus categories to help you compare the rewards programs of both cards.

With the Walmart Card, redeem your cash back in various ways, including as statement credit and for purchases on Walmart.com. Your rewards remain available as long as your account is active.

The Credit One Platinum Rewards offers similar flexibility. You can apply cash back to your statement or choose from other redemption choices. Rewards do not expire with an open and current account.

MoneyGeek reviews credit cards using a tailored ranking process, assigning scores for various use cases like balance transfers and cash back. The highest scoring category for the Walmart Card and Credit One Platinum Rewards is cash back. The most influential factors in determining these scores are the effective reward rate and the return on investment for offers.