Scholes was part of the Manchester United team who won the tournament back in 2008, as well as the side who lifted the Intercontinental Cup in 1999.
But Scholes says the achievement is well down his lengthy list of honours after commenting on Liverpool's considerable celebrations after winning the trophy last week.
"You want to win it once you're there but it was never something we were desperate to win," he told BBC Radio Five Live.
"If someone asked me what trophies I won over the years, I don't think I'd mention the Club World Cup.
"I'm being serious. It's one of them, it may take more importance over the years. It looks like Liverpool have enjoyed it and will mention it and why not? But when we were playing it wasn't that important.
"When you look back you're quite happy but it wasn't something you set out to achieve as a player."
Scholes was then asked if his Club World Cup medal was more important than his badminton trophy. He replied: "My badminton medal probably."