Rated by the CreditCardGuru Editorial Team
A genuinely good card in one shop and a poor one everywhere else. The 3% at Walmart beats a flat 2% card, but the 1% elsewhere loses to it by the same margin — so this only comes out ahead if Walmart is roughly half of everything you charge. Reward Dollars also spend only at Walmart, so even at break-even you are trading flexibility for the same money.
| Walmart purchasesIn store and on walmart.ca, including Marketplace | 3% |
| Everywhere else | 1% |
Welcome offer: $25 in Walmart Reward Dollars (New cardholders).
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but Fairstone Bank of Canada can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on Fairstone Bank of Canada's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and Fairstone Bank of Canada's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
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Written by
CreditCardGuru Editorial Team
Rewards & Cards Research
Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.
Cite this page
“Walmart Rewards Mastercard Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/walmart-rewards-mastercard, updated August 21, 2026.
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