Cash back · Mastercard · No annual fee
Last verified 2026-09-09. Review issuer source
Synchrony Bank Walmart OnePay CashRewards is a no-annual-fee cash back card from Synchrony Bank. It earns 1.5% on every purchase with no categories to track, plus 5% on Walmart.
On our reference budget of $24,600 a year it returns about $369, an effective 1.5% back. The welcome bonus, $35 after $75 in 30 days, adds to the first year's return.
It is a fine only card. It loses to category cards for people who spend heavily on one thing, and even then it belongs in the wallet for everything else.
Earn unlimited 5% cash back at Walmart as a Walmart+ member - 3% cash back at Walmart for everyone else.
Welcome bonus: get an extra $35 cash back when you open a OnePay Card & spend $75+ within 30 days.
Synchrony Bank adds nothing beyond the Standard Mastercard benefits below.
These come from Mastercard, not from Synchrony Bank. Every card on the Standard Mastercard tier carries them, so they should not decide between two cards.
Call 1-800-MASTERCARD (1-800-627-8372) for 24/7 assistance to report a lost or stolen card.
Enjoy a HealthLock for Mastercard Medical Claim Monitor complimentary membership plus a 90-day upgrade to all HealthLock services at no monthly cost.
Groceries and more delivered in as fast as one hour. Get $10 off your second order each month, and new Instacart+ members can also get three free months of Instacart+.
Monitor your credit file for fraud, get alerts for suspicious activity and access a resolution specialist.
Mastercard gives you exclusive access to ticket presales at top venues and festivals across the U.S. Eligibility restrictions, exclusions and terms apply. Offer expires 3/31/2027.
Save when you tap and go with your eligible Mastercard and receive a $2.50 statement credit when you spend $10 or more each month at participating transit systems.
With Mastercard Zero Liability protection you’re protected against unauthorized transactions in stores, online and in app.
Benefit descriptions are the issuer’s and network’s own wording, trimmed for length. Limits and exclusions are in the guide to benefits.
| Card | Annual fee | Rewards earned | Net after fee | Rank |
|---|---|---|---|---|
| Walmart OnePay CashRewardsThis card · 1.5% on everything | None | $369 | +$369 | 482nd of 1,291 |
| Verizon VisaSynchrony Bank's most-held other card · 4% on dining | None | $606 | +$606 | 10th of 1,291 |
| Savor RewardsThe strongest no-fee card on this budget · 3% on dining | None | $642 | +$642 | 4th of 1,291 |
| Robinhood Gold CardHighest net return on this budget · 3% on everything | $50 | $798 | +$748 | 1st of 1,291 |
Reference budget: groceries $6,000, dining and restaurants $3,600, gas and ev charging $2,400, travel and transit $3,000, online shopping $2,400, entertainment and streaming $1,200, everything else $6,000. Points are valued at 1¢ unless the program is worth less; statement credits, welcome bonuses, and perks are left out. Run it with your own spending.
