Walmart Capital One Credit Card FAQ (2024)

We will be sending eligible customers their new Capital One Quicksilver Mastercard on a rolling basis, so not all customers will receive their card at the same time. We will also be sending a communication in the mail informing you of when your account, including rewards terms, will be changing (“Walmart® Change Notice Letter”). We recommend you keep your eye on the mail to ensure you receive all updates.

Yes. You can still use your Capital One Walmart Rewards Card or Walmart Rewards Card as you do today, but once you receive your new Capital One Quicksilver Mastercard, please activate and use that card going forward.

Yes. You are still responsible for the entire unpaid balance and for managing payments on this card, and your balance will automatically transfer over to any new Capital One card products.

Yes, you can continue to use your existing card normally, including at Walmart®, until you receive your new Capital One Quicksilver Mastercard. Your new Capital One Quicksilver Mastercard will also still be accepted at Walmart® and anywhere else Mastercard is accepted.

It is possible to have more than one Capital One credit card account. Each account will have its own separate credit line and you will be able to use both. Once you have activated your new Capital One Quicksilver Mastercard, feel free to log into your online account management platform or call the number on the back of your card to understand if you're eligible for other Capital One card products. Capital One regularly reviews customer eligibility for account offers.

If your question isn't answered here, please call the number on the back of your card.

You can activate your new Capital One Quicksilver Mastercard through the Capital One Mobile app or online at www.capitalone.com/activate. Once you activate your new Capital One Quicksilver Mastercard, be sure to destroy any old cards.

Yes, your Capital One Quicksilver Mastercard will have a new card number, expiration date and security code.

Yes. After you activate your new Capital One Quicksilver Mastercard, you'll need to update your accounts with the new card information. Once activated, your new Capital One Quicksilver Mastercard can also be added to other digital wallets, including Apple Pay, Google Pay and Samsung Pay™.

After you receive your new Capital One Quicksilver Mastercard, if you're not already enrolled, please visit www.capitalone.com to manage your account online. If you are currently enrolled, you will see your new account when you log in using your existing credentials.

This Capital One Quicksilver Mastercard will not be reported as a new account and your account open date will appear as the same date currently reported for your Capital One Walmart Rewards Card or Walmart Rewards Card on your credit file. The information previously reported to the credit bureaus will be updated with the name "CAPITAL ONE" and the credit bureaus will continue to receive updates based on your ongoing account performance. Even though this is not a new account, if you currently use credit monitoring services, they may send you a new account alert due to the name change to CAPITAL ONE. Please know this is the same account information and open date.

Credit scores take into account a variety of factors, which can include the type of credit card account you have but many other factors as well, including your payment history, other credit accounts you may have, your outstanding balances versus total available credit, length of credit history, etc. Moreover, there are several different credit scoring models (such as FICO, VantageScore and others), and they each will evaluate your card and other factors differently, resulting in different impacts to your credit scores. To find out more about your credit score, you can contact any of the three major credit bureaus (TransUnion, Equifax and Experian). Please note that Capital One will typically continue to send updates to the credit bureaus based on your ongoing account performance as we have done in the past.

You'll keep the full value of all the rewards you've already earned.

You will earn 1.5% cash back on purchases anywhere Mastercard is accepted, but you'll no longer earn additional cash back at Walmart.com, Walmart® stores or Walmart® and Murphy USA fuel stations.

Your rewards don't expire as long as your account is open. But if your account is closed, you may lose any rewards you have not redeemed. Accounts that are not in good standing (e.g., suspended, restricted, delinquent, or otherwise in default) or closed may have different redemption options or may lose any unredeemed rewards, as permitted by applicable law and your Capital One Customer Agreement.

There is no cap to the amount of rewards you can earn on eligible purchases.

You may change your automatic redemption preference at any time, but you cannot request an annual redemption to be fulfilled in the same month you make a change. If you have an automatic redemption preference, you may also make upon-request redemptions without interfering with your pre-established automatic redemption preference.

As part of the move to the Capital One Quicksilver Mastercard, travel rewards will be available. Go online to travel.capitalone.com to book your flight, car rental or hotel, and use your cash back rewards to pay for your travel. If your travel transaction includes taxes, surcharges, and fees, these expenses will be included in the overall calculation to determine how many cash back rewards are required for redemption.

If you have a Capital One Walmart Rewards Card, you'll retain all of the great Mastercard benefits you enjoy today with the exception of cell phone coverage for those who might have had that benefit. If you have a Walmart Rewards Card, you'll now have access to Mastercard benefits. To review all of your benefits, visit www.priceless.com/capital-one.

No. Your card continues to have no annual fee.

The amount of any late fees has not changed at this time.

Once your account changes to Quicksilver, your statement will no longer reference Walmart® but still will retain all information you are used to receiving.

You will be able to see 12 months of statements once enrolled in the Capital One account management platform.

If you're already enrolled in paperless statements, those settings will automatically transfer.

Please refer to the Walmart® Change Notice Letter mailed to you for specific answers on terms and fees changes.

Capital One will notify you via U.S. mail in advance of any changes to your account.

Please refer to the Walmart® Change Notice Letter you received in the mail from Capital One for more information regarding your account. Your first Capital One statement will also contain this information. You may call the number on the back of your card for any questions.

Payments can be made online, over the phone or by mail. As of the date listed in your Walmart® Change Notice Letter, courtesy payments will no longer be accepted in Walmart® stores.

Yes, after you've activated your new Capital One Quicksilver Mastercard, you will need to update any recurring payments with your new account number and expiration date.

Walmart® Quick Cash will not be available with the Capital One Quicksilver Mastercard.

Your current account settings, including enrollment in paperless statements, autopay and language preferences, will be transferred over.

You can continue to manage all of your Capital One cards online, as you can do today.

Authorized users as well as account managers will remain on the account. New Capital One Quicksilver Mastercards will be mailed to the primary account holder for each authorized user. Cards issued to each authorized user have a unique 16-digit card number different from that of the primary account holder, which provides for additional security.

Yes. Authorized user purchases are eligible to earn rewards with their Capital One Quicksilver Mastercard. Rewards earned by authorized users will be added to the primary account holder's rewards balance.

No. Authorized users have access to certain account information at www.capitalone.com but do not have full access to account management.