Walmart Launches OnePay CashRewards Card (3% On All Purchases Offer)

Update 4/20/26: Some existing cardholders are being offered 3% back on all purchases through December 31, 2026. Requires a $500 direct deposit or $5,000 balance. 

Update 2/3/26: OnePay cardholders are being offered 27% cash back at Taco Bell with no cap. Mostly posting to see how common these types of offers are. You have four hours after enrollment to use offer. 

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. 

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