Question: Does A Walmart Credit Card Help Build Credit?

Through Synchrony Bank, Wal-Mart Stores, Inc.

(WMT) offers two credit cards: the Walmart MasterCard and the Walmart credit card.

When used properly, both of these credit cards can help you build your credit history and credit score.

What credit score is needed for Walmart credit card?

Make sure your credit score is 640 or higher. Otherwise, your chances of instant approval for the Walmart Store Card are slim to none. You will need a credit score of 700+ to qualify for the Mastercard version.

How long does it take to get approved for Walmart credit card?

approximately 7 to 10 days

Does Walmart credit card give increases?

There are a few ways you can request a credit limit increase on your Walmart Credit Card. You can request an increase online by signing in to your Walmart Credit Card account.

How hard is it to get a Walmart credit card with bad credit?

CREDIT SCORE NEEDED FOR WALMART CREDIT CARD

One big appeal of the Walmart credit card is that those with limited or lower credit scores can be approved. Even with no credit or poor credit, you’ll still likely qualify for the Walmart store card. Customers with FICO scores as low as 550 can usually be approved.

What is the easiest credit card to get approved for?

Easiest Credit Cards to Get Approved For

Best ForCard NameAnnual Fee
No Min. Credit ScoreGreen Dot primor® Visa® Classic Secured Credit Card$39
No Credit CheckOpenSky® Secured Visa® Credit Card$35
Low Annual FeeFirst Progress Platinum Elite Mastercard® Secured Credit Card$29
No Annual FeeFingerhut Credit AccountNone

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Will a Walmart Credit Card build my credit?

Through Synchrony Bank, Wal-Mart Stores, Inc. (WMT) offers two credit cards: the Walmart MasterCard and the Walmart credit card. When used properly, both of these credit cards can help you build your credit history and credit score.

How will I know if I got approved for a Walmart credit card?

To check on the status of your Walmart credit card application, please call Walmart Credit Services at 1-877-969-3668. If your application has been approved, you will receive you Walmart Discover or Walmart Credit Card in the mail in approximately 7-10 business days.

How can I get a Walmart credit card with bad credit?

Here’s how to get a Walmart credit card with bad credit:

  • Get a secured card. Meant for people with bad credit, secured credit cards have the same credit-building potential as unsecured cards.
  • Make on-time payments.
  • Plan your utilization.
  • Reduce your debts.
  • Monitor your credit.
  • Apply for a Walmart card.