How do I apply for the Walmart credit card?

Yes, you can get pre-approved for the Walmart Credit Card. The only way to get Walmart Credit Card pre-approval is by receiving a targeted mail offer, though, because the issuer of the Walmart Credit Card currently does not allow customers to check their pre-approval status online.

If you do get a pre-approval offer in the mail, you can respond to the offer … read full answeronline or call the phone number included in your offer letter. The letter will also include a reservation number and an access code, which you will need to provide so that the issuer will know to flag the application as pre-approved.

Be aware that Walmart Credit Card pre-approval is not a guarantee that you’ll be approved for the card. It simply means the odds of getting the card are in your favor should you submit an application. Also note that if you apply for the Walmart Credit Card, you are giving Capital One permission to conduct a hard "pull," or inquiry, on your credit report. Hard inquiries will lower your credit score slightly, but only for a short period. Pre-approvals, however, do not affect your credit score, as they’re done using a soft inquiry.

No, the Walmart Credit Card will not do a soft pull. The Walmart Credit Card application will result in a hard inquiry. So, keep in mind that you will need at least fair credit (640+) to get the card. While the score is higher than what most store cards require, you will be able to use the card anywhere Mastercard is accepted.… read full answer

More info regarding the Walmart Credit Card credit inquiry

You can check if you prequalify for the Walmart Credit Card on the issuer's pre-qualification page. This inquiry will not affect your credit score as it will be a soft pull. However, if you do prequalify and want to get the card, you will need to submit an actual application which will result in a hard pull.

A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months. You can also check out Wallethub's guide on how to minimize the credit score damage.

The Capital One Walmart Rewards® Mastercard® credit score requirement is 640 or higher. That means people with fair credit or better have a shot at getting approved for the Walmart Credit Card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Walmart Credit Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer

If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Walmart Credit Card credit score requirement. You can check your credit score for free on WalletHub.