Ways to Redeem Your Capital One® Walmart Rewards™

From statement credits to gift cards to travel and more, earn unlimited rewards with so many ways to redeem them


With the Capital One® Walmart Rewards™ Card, you earn unlimited rewards on purchases everywhere, every day. That’s 5% back at Walmart.com—including Walmart Grocery Pickup and Delivery—2% at restaurants and on travel, 2% in Walmart stores and at Walmart and Murphy USA Fuel Stations, and 1% everywhere else Mastercard® is accepted.

There are multiple ways to earn rewards—and just as many ways to redeem them: You can redeem for a statement credit, cover any recent purchase, redeem for gift cards or book a vacation.1 How’s that for flexible rewards? 

Here’s how to redeem your Capital One Walmart Rewards:

Apply to Your Statement Balance

Apply rewards as a statement credit straight toward your account balance.

Putting rewards toward your balance lets you free up money to use elsewhere. Maybe it’s time to plan your next family outing?

Cover Your Recent Purchases

You can also apply rewards toward recent purchases made with your Capital One Walmart Rewards Card. 

Signing up your kids for soccer? Buy new cleats with your Capital One Walmart Rewards Card. Then sign in to your account and use your rewards to eliminate the cleats from your upcoming bill. Pizza night with the team? Apply rewards toward every gooey slice.

Turn Rewards Into Gift Cards

Need a fun, last-minute gift? Your Capital One Walmart Rewards can be redeemed for gift cards from Walmart or other popular retailers, restaurants and hotel chains. 

Put as many of your reward points as you want onto a gift card and treat a friend—or yourself. You deserve it!

Go on an Adventure

Ready to take the family on a much-needed vacation? Use rewards to book travel, including flights, rental cars, hotels and more. 

With the Capital One travel portal, you can apply rewards to the cost of your trip. Whether it’s a beach vacation or a road trip with the kids, your rewards can help get you there.

To use rewards to book travel, simply sign in to your Capital One account and select your Capital One Walmart Rewards account. You can either click on your rewards points amount at the top of the screen or scroll down to “Redeem Rewards.” From there, select “Book Travel” from the redemption options.

Redeem Your Way

From the everyday to the extraordinary, there are so many ways to redeem your Capital One Walmart Rewards. 

You can see how many rewards points you’ve racked up and easily redeem them when you sign in to your account online or through the Capital One Mobile app

Whether you want to turn your rewards into a “lighter” bill or a weekend away, you have the freedom to redeem rewards your way. And your rewards won’t expire for the life of your account.


1Statement credits lower your account balance, but cannot be used to meet any minimum payment obligations.

Capital One Walmart Rewards Card - Purchase, Quick Cash and Transfer APR: a variable rate of 17.99%, 23.24% or 26.99%, based on your creditworthiness. Cash Advance APR: 26.99% variable. Balance Transfer Fee: 3% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer you, none for balances transferred at the Transfer APR. Cash Advance Fee: greater of 3% or $10. Annual Fee: $0.

Credit approval required. Terms and exclusions apply.

We hope you found this helpful. Our content is not intended to provide legal, investment or financial advice or to indicate the Capital One product or service is available or right for you. For specific advice about your unique circumstances, consider talking with a qualified professional.