Falling victim to identity theft is no joke. At its mildest, a small-time crook who finds your lost wallet is able to make a few purchases before the credit cards are canceled. The credit card issuers relieve you of any responsibility for the fraudulent charges and you're left with only the creepy knowledge that someone out there might still be carrying around your driver's license and pictures of your kids.

That little rectangle of plastic burning a hole in your wallet is one of life's trickier essentials.

You can't make it much past your mid-twenties without some kind of credit line attached to your name. On the other hand, though, credit cards can get you into a lot of trouble – and by trouble, I mean debt.

Like most retailers these days, Walmart has its own store credit card, but is it really worth it? Lets take a look.

Promotions

Like most retailers it comes with a lot of flashy promotions. The latest attempt to hook shoppers is a $25 savings when you spend open a Walmart Credit Card and spend $75 in your first visit. Sounds nice, but nothing too special. When you consider most cards on the market these days give you at minimum a year long introductory zero percent APR, a measly $25 bucks really isn't that much in the big picture.

Rewards