Verdict: The Walmart Discover and Walmart Credit Card both have low fees, while the Discover card gives 1% cash back on just about any purchase. These cards are both great options if your credit is good enough to qualify for the lower APRs.

Overview:
The Walmart Discover card gives cash back on all purchases and both cards offer no interest for one year on orders over $250. Frequently throughout the year cardholders will receive special financing options at Walmart and Walmart.com. These cards have low APRs if you qualify and low over the limit fees.

How This Card Works:
The Walmart Discover is the best of the two cards as it can be used anywhere Discover cards are accepted and earns 1% cash back on nearly all purchases. The Walmart credit card is good only at Walmart and walmart.com. Both, however, are offered many financing options at Walmart stores and online, especially when buying big-ticket items like televisions. Both cards have relatively low fees if you qualify. You can also transfer balances to your Walmart Discover card for a low fee of $5.00, or 3%, whichever is higher. With the Discover card you can get up to a $100 cash advance with purchases, and up to $60 with the Walmart credit card. Both cards offer $0 fraud liability, as well.

Travel and Shopping Benefits:
The Walmart Discover card gives 1% cash back on nearly all purchases. Cardholders of both credit cards receive many financing opportunities from Walmart and Walmart.com.

Fees:
The following fees apply to the Walmart Discover card: an APR of 9.87%, 15.87%, or 18.87% based on credit history, a default rate of 24.99%, a grace period of 25 days if no previous balance, and a minimum finance charge of $1.00. The late fee is $0 if the balance is less than $30, for balances between $30 and $149.99 the fee is $14.97, for balances between $150.00 and $999.99 the fee is $28.97, and for balances over $1000.00 the fee is $34.97. The transaction fee for balance transfers is 3% or $5.00, whichever is higher.

The following fees apply to the Walmart credit card: an APR of 9.87% for premier accounts, 15.87% for preferred accounts, and 19.87% for choice accounts. The delinquency rate is 24.99%. The grace period is 25 days. The late fee for balances under $30 is $0, the fee for balances between $30 and $49.99 is $14.97, the fee for balances between $50 and $99.99 is $19.97, $24.97 if the balance is between $100 and $299.99, and $28.97 is the balance is over $300. In PR and IA, however, the fee is $0 for balances under $30 and $24.97 for balances over.

The returned check fee and over the limit fee for both cards is $25.

Pros:

• Low fees
• Low APR, if qualified
• Discover earns cash back
• Up to $100 cash advance with purchase for Discover
• Up to $60 cash advance with Walmart credit card
• Frequent financing options
• No annual fee
• $0 fraud liability.

Cons:

• Fees are high if balance is high
• APR is high if you have relatively bad credit

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