Walmart World Mastercard vs Amazon.ca Rewards Mastercard®

Rewards Breakdown

Annual Rewards

$250.13

First Year Bonus Value

$45

Annual Fee

$0

First Year Value

$295.13

$250.13 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$251.84

First Year Bonus Value

$150

Annual Fee

$0

First Year Value

$401.84

$251.84 in years after

Based on $2,000/mo average spending and assuming you are an Amazon Prime member as the primary account holder. Calculate your rewards.

Insurance Included

Purchase Protection

90 days

Insurance Included

Purchase Protection

90 days

Extended Warranty

Up to a year

Extra Benefits

N/A

Extra Benefits

Car Rental Discount

10% off base rate of Avis Rent A Car and Budget Rent A Car

Trip and legal Assistance

Yes

Interest Rates

Purchase:

20.89% - 26.99%

Cash Advance:

22.97% - 27.99%

Interest Rates

Purchase:

19.99%

Cash Advance:

22.99%

Annual Fee

$0

Annual Fee

$0

Income Required

Min Personal Income:

N/A

Min Household Income:

$100,000

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus

$45 on Approval

Welcome Bonus

Get 5% back at Amazon.ca, Whole Foods Market stores in Canada, grocery stores and restaurants for up to 6 months. Up to $150 cashback on top of the normal cashback earned.

Rewards Rate

3% cashback on Walmart.ca purchases
1.25% cashback on Walmart store and gas purchases
1% cashback on all credit card purchases.

Rewards Rate

2.5% cashback on Amazon.ca, Whole Foods and foreign currency transactions IF a prime member
Only 1.5% on Amazon.ca and Whole foods and 1% on foreign currency transactions IF not a prime member
1% cashback on everything else

Is this card worth it?

The Walmart Rewards World Elite Mastercard is ideal for frequent Walmart shoppers who want to spread out payments on larger purchases without paying much interest. It's especially beneficial for those who frequently shop at Walmart's online store. However, it offers a rather average reward rate for other types of purchases, making many other cards a better choice for non-Walmart spending categories.

Is this card worth it?

If you are a Prime member and want to maximize your cashback on your Amazon purchases, then this card is the best option for that specific purchase category. However, for other purchases, many other cards offer better benefits and rewards.

Pros

Installment Payments: Allows you to pay for Walmart purchases in installments over six months.

Pros

If you are a Prime member, the 2.5% cashback offered on Amazon purchases is unbeatable in terms of rewards compared to other credit cards.
The 2.5% cashback on all foreign currency transactions helps to offset the extra 2.5% fee.

Cons

Limited Redemption: Rewards can only be redeemed at Walmart and Walmart.ca.
Lower Rewards: Offers lower rewards compared to other store and cashback credit cards.
Minimal Benefits: No additional benefits or insurance coverage aside from purchase assurance and extended warranty.

Cons

It offers very little on non-Amazon and non-Whole Foods purchases, with many other well-rounded credit cards out there that offer much more.
Very limited benefits.