Walmart OnePay CashRewards Card Review: Unlimited 5% Back for Walmart+ Members
Walmart has officially launched the Walmart OnePay CashRewards Card, a brand-new cash-back credit card in the USA that is perfect for everyday shoppers. This new card, issued by Synchrony Bank, comes with a $0 annual fee and offers unlimited 5% cash-back at Walmart for Walmart+ members. For those who don’t subscribe to Walmart+, the card still earns 3% at Walmart and 1.5% cash-back on all other purchases, making it one of the best no-annual-fee cash-back cards available for loyal Walmart customers.
Welcome Bonus on the Walmart OnePay CashRewards Card
New applicants for the Walmart OnePay CashRewards Card can unlock a simple welcome bonus. When you spend $75 within the first 30 days of account opening, you’ll earn $35 cash-back. While this isn’t the highest sign-up bonus compared to other USA credit cards, it’s a nice perk for a card that charges no annual fee. The $35 reward is credited as points, which you can redeem as statement credits or as cash in your OnePay Cash Account.
Walmart OnePay CashRewards Card Earning Rates
The real highlight of the Walmart OnePay CashRewards Card is the unlimited 5% cash-back for Walmart+ members. Considering that Walmart+ already provides free shipping, Paramount+ streaming, fuel discounts, and even perks like free Burger King Whoppers, pairing it with this card can unlock serious savings for families and frequent Walmart shoppers in the USA.
Here’s a quick look at the earning structure of the card:
| Spending Category | Walmart OnePay CashRewards Card Earnings |
|---|---|
| Walmart+ Members | Unlimited 5% cash-back at Walmart |
| Non-Members | 3% cash-back at Walmart |
| All Other Purchases | 1.5% cash-back everywhere else |
| Annual Fee | $0 |
| Welcome Bonus | $35 cash-back after $75 spend in 30 days |
Cash-back is awarded as points, and you can redeem them for statement credits or direct deposits into your OnePay Cash Account.
Why Walmart+ Makes This Card More Valuable
The Walmart OnePay CashRewards Card is most valuable when paired with a Walmart+ membership. For $12.95 per month, Walmart+ offers benefits like free delivery from your local store, free shipping with no order minimum, Paramount+ streaming, and 10¢ off per gallon at Walmart, Exxon, Mobil, Murphy, and Sam’s Club fuel stations. If you own an Amex Platinum Card and pay with it, you can even get Walmart+ for free, making the OnePay CashRewards Card an unbeatable deal for heavy Walmart spenders.
Final Thoughts
The Walmart OnePay CashRewards Card is a strong new option in the USA credit card market for shoppers who spend big at Walmart. With unlimited 5% cash-back for Walmart+ members, no annual fee, and a simple $35 welcome bonus, this card could easily become the go-to wallet choice for millions of Walmart households. If you already rely on Walmart+ for groceries, gas, and streaming perks, combining it with this card maximizes your savings potential. After parting ways with Capital One, Walmart promised to bring its own fintech rewards credit card to the market, and the Walmart OnePay CashRewards Card delivers exactly that.
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