Catching Savings with Walmart Savings Catcher
I saw Walmart had a new app with the catchy name Walmart Savings Catcher so I thought I’d give it a whirl. The idea is that they compare your receipt to local ads for lower advertised prices – if they find any lower advertised prices for something you bought they will automatically fund you the difference. You don’t have to bring the ad into the store for the price-match, they do the work for you.
I’ve been driving around town a lot lately and ended up hitting four different Walmarts (one Supercenter, three Neighborhood stores) the past month without my handy competitor ads so used the Walmart Savings Catcher app. After a few days I got a notice that no better advertised prices had been found – I shrugged and figured I wasn’t going to see much out of this app. Then the other day I get an email saying they found a couple items at lower advertised prices and that got my attention – maybe this thing works after all.
So here is my experience with the Walmart Savings Catcher – your mileage may vary (YMMV in Coupon Lingo) but you might get some mileage out of it.
Walmart Savings Catcher – The Experience
You can create an account on the Walmart Savings Catcher website or you download the Walmart app to your smartphone . When done shopping, if using the smartphone app you scan the code on the bottom of the receipt and submit – doesn’t get much simpler or easier than that. Otherwise you enter the 20 digit receipt number in the website (not as easy as scanning the receipt)
Click on Your eReceipts and you see a summary of recent shopping trips and the status of each receipt. I don’t get the ‘Not Eligible’ trips – no mentions of it on the Walmart Savings Catcher website of why some receipts are not eligible but if it is specific to a certain store, I think I might not shop at that store anymore and hit another Walmart that is eligible.
And we can drill further to see more details. What is nice is that the items that qualified for price matching are right at the top while the remaining items you bought are below (who cares about those anyway?)
You can get more details on each price-match to see who they compared to and what the competitors were doing. In this case Walmart found two lower advertised prices and paid the difference from the lowest advertised price.
Walmart puts the funds in a Walmart Rewards eGift. From the FAQ:
“To use your Walmart Rewards eGift Card, simply print out the email with the barcode and hand it to the cashier at a Walmart store, or enter the Walmart Rewards eGift Card number and pin on Walmart.com.“
This means you can only use your rewards on future Walmart purchases which sounds fair to me – you gave them your money, they went through the trouble to find lower advertised prices, they would like for you to use that same money you already spent on some other Walmart merchandise. Don’t like this arrangement? You can still bring in your own competitor ads for the price match at the register and use the savings on anything you like.
My thoughts? I like it. The Walmart Savings Catcher is simple to use, saves me the effort of finding competitor ads which is useful when I’m rushing all over town like I have for the past month – the restriction being that I need to use the funds on future Walmart purchases which is fair enough. You also have to wait up to three days to learn if anything was matched – I could have done my own matching a lot faster.
Find yourself rushed and can’t gather up your competitor ads for the Walmart Price Match? Use the Walmart Savings Catcher as Plan B to avoid missing out on advertised sales prices. You can only use the savings on future Walmart purchases which is why this should be your Plan B.
Walmart Savings Catcher has a pretty good FAQ, for any questions, check it out.