To be eligible for a Walmart Credit Card or a Walmart Store Card, you generally need a credit score of at least 640 or higher. This falls into the category of “fair credit.” However, please note that credit card approval is not solely based on your credit score. Other factors, such as your income, employment status, and overall credit history, also come into play.
Having a credit score of 640 or above shows that you have a decent credit history and have managed your credit responsibly in the past. It indicates that you have paid your bills on time, kept your credit card balances low, and have not defaulted on any loans. These factors contribute to a positive credit score and increase your chances of being approved for a Walmart credit card.
It’s important to remember that credit scores can vary between different credit bureaus and scoring models. So, while a score of 640 is generally considered fair credit, it’s always a good idea to check your credit score through reputable sources, such as Experian, Equifax, or TransUnion, to get an accurate assessment of your creditworthiness.
If you are interested in applying for a Walmart credit card, there are two options available: the Walmart Credit Card and the Walmart Store Card. The main difference between the two is that the Walmart Credit Card can be used anywhere Mastercard is accepted, while the Walmart Store Card can only be used at Walmart and affiliated stores.
When applying for a Walmart credit card, it’s essential to consider your financial situation and spending habits. If you frequently shop at Walmart and its affiliated stores, the Walmart Store Card might be a suitable option for you. However, if you prefer the versatility of using your credit card at various merchants, the Walmart Credit Card might be a better fit.
A credit score of 640 or above is generally required for approval of a Walmart Credit Card or a Walmart Store Card. However, it’s important to note that credit card approval is not solely based on your credit score, but also takes into account other factors. If you meet the credit score requirement and have a responsible credit history, you may have a good chance of getting approved for a Walmart credit card.