Have you heard about Walmart’s new Savings Catcher program? It has finally been released nationwide.
Savings Catcher compares your receipt to advertised prices from top stores in your area, and if it finds a lower advertised price, you get the difference on a Walmart eGift Card. Here is how it works:
- Enter your receipt number or scan the bar code by downloading the Walmart App. You have 7 days from the date of purchase to enter your receipt.
- Walmarts matches the price of any local competitor’s printed ad for an identical product. They work with an independent third party to collect weekly print and online circulars from top retailers in your area.
- If Savings Catcher finds a lower advertised price, you get an eGift Card with the difference.
Here are some additional details:
- You can submit up to 7 receipts per week, per account.
- Savings Catcher only applies to in-store purchases.
- Savings Catcher applies to most grocery items (excluding store brand items, deli, bakery and weighed items like meat); consumable items such as paper towels, bleach and trash bags; health and beauty items; and select general merchandise.
- You will know within 72 hours if any items on your receipt were found lower elsewhere and if it will be applied to your eGift Card.
- You can’t earn more than $599.99 in Walmart Rewards eGift Cards in a calendar year.
- One of the Savings Catcher’s Frequently Asked Questions is will Walmart’s ad match guarantee still be available in stores, and the answer is “Yes”. You can still price match in-store at Walmart. Head over here to read Walmart’s Ad Match Guarantee.
One of the downsides to the Savings Catcher program is that they only price match top retailers in your area. So if there are smaller grocery stores near you, they won’t “catch” those savings. In my area, I have a smaller grocery store nearby, as well as Maceys, but the Savings Catcher doesn’t compare prices from either of those stores. One woman from Utah mentioned that they didn’t price match Kent’s, which is near where she lives.
So is the Savings Catcher worth it?
For those of you who shop at Walmart, but don’t price match, then this will definitely save you money and something you should look into doing.
However, for me, if I rely only on the Savings Catcher to price match for me, I would miss out on a lot of good deals that I could price match myself and I wouldn’t save as much money. For those of you who do price match, I recommend still doing your homework to find out what’s on sale each week. If you live in Utah, every Wednesday I post the best Grocery Deals to Price Match list to make it easy for you to price match and so you don’t have to do as much work. Once you’ve finished your shopping at Walmart, then take a minute to submit your receipt to see if Walmart catches a lower price for you. It’s really simple and fast to enter a receipt, and you don’t have to do anything to get those extra savings. And who knows, maybe they will catch some deals that are a lower price than what you purchased them for. Even though I price match a lot and look at 10+ stores every week, the Savings Catcher has been able to save me a few cents here and there on items that I’ve missed.
What are your thoughts about the Walmart Savings Catcher program?