If you shop at Walmart with any frequency, the OnePay CashRewards Card is a great card to use because it earns 5% cash back at Walmart (if you have a Walmart+ membership). Even without a membership, you’ll earn 3% cash back at Walmart, plus the card doesn’t have an annual fee.
While it doesn’t come with many additional benefits, its rewards system is very cut-and-dried and offers an easy way for Walmart customers to earn elevated cash back. Here’s who this card might work for and where it can earn you value.
The OnePay CashRewards Card is a great option to pair with a Walmart+ membership, earning elevated rewards and having no annual fee.
- Up to 5% back at Walmart with a membership
- No annual fee
- No foreign transaction fees
- Only earns 1.5% cash back on purchases outside of Walmart
- Limited redemption options
OnePay CashRewards Card review
Welcome bonus
New users of the OnePay CashRewards Card can earn $35 cash back after spending $75 within 30 days of opening the card.
Benefits and perks
How to earn and redeem OnePay Rewards
Earning
All the rewards gained via the OnePay CashRewards Card are earned as OnePay Points, and you can earn these rewards in a few different ways:
- 5% back at Walmart with a linked Walmart+ membership
- 3% back at Walmart without a linked Walmart+ membership
- 1.5% back everywhere else Mastercard is accepted
You can earn an unlimited amount of cash back in any of these categories without having to worry about point caps. You can access a virtual card for instant use once approved. One note, the virtual card can be added to a few mobile wallets like Google Pay and Samsung Pay, but not Apple Pay; for that, you’ll have to wait for the physical card.
Redeeming
The OnePay CashRewards Card offers limited redemption options and requires a minimum of 25 points to activate. Your OnePay Points can be redeemed in the OnePay app for a statement credit or cash back into your OnePay Cash account.
Rates and fees
Card comparison
OnePay CashRewards Card vs. Citi Double Cash® Card
The Citi Double Cash® Card is one of the best no-annual-fee cash-back cards thanks to its straightforward rewards structure.
- Long intro-APR for balance transfers
- High flat-rate cash-back rewards structure
- No annual fee
- Has a foreign transaction fee
- Intro APR doesn’t apply to purchases
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
- Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.99% – 27.99%, based on your creditworthiness.
- Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
Balance transfer fee
There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
Foreign transaction fee
The Double Cash Card is a good option for those who are looking for a simple-to-use cash back card and want to earn rewards regardless of where they shop.
OnePay CashRewards Card vs. Prime Visa
The Prime Visa is only available to Amazon Prime members ($139 for an annual membership and $14.99 for a monthly membership) but is very rewarding for Amazon purchases.
- High rate of return at Amazon and Whole Foods
- Easy-to-earn welcome bonus
- Requires an Amazon Prime membership
- If you choose the promo APR you won’t earn rewards on those purchases
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Get a $150 Amazon Gift Card instantly upon approval exclusively for Prime members
- Earn unlimited 5% back at Amazon.com, Amazon Fresh, Whole Foods Market and on Chase Travel purchases with an eligible Prime membership
- Prime Card Bonus: Earn 10% back or more on a rotating selection of items and categories on Amazon.com with an eligible Prime membership
- Earn unlimited 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare)
- Earn unlimited 1% back on all other purchases
- No annual credit card fee
- No more waiting. Redeem daily rewards at Amazon.com as soon as the next day
- Member FDIC
Balance transfer fee
Either $5 or 4% of the amount of each transfer, whichever is greater
If you do more of your shopping online at Amazon, the Prime card will likely be a better fit, but for happy Walmart+ members, the OnePay CashRewards Card will likely earn you more value.
Is the OnePay CashRewards Card right for you?
For those who don’t shop at Walmart or want more flexible rewards, there are other no-annual-fee credit cards that can better fit your needs.
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