Walmart has launched a new credit card issued by Synchrony Bank called the OnePay CashRewards card. The new card has the following benefits:
- No annual fee
- Sign up bonus of $35 after you spend $75+ within 30 days
- Card earns at the following rates:
- 5% cash back at Walmart as a Walmart+ member, 3% back if not
- 1.5% cash back on all other purchases
There was supposed to be a Rewards+ card as well with a $149 annual fee, but I don’t currently see that. Useful for the 5% back at Walmart if you’re a big spender there but that’s about it.