Walmart Savings Catcher Review: A 30-day Trial
In light of Aaron’s recent post on the Walmart Savings Catcher, I thought I’d do a little trial run. Those of you who know my blog know that I’m a huge fan of saving money, and I’m a bit of a cynic at heart. Just because someone says that they offer the lowest prices, I don’t believe them, and I work hard to find the best deals – especially on groceries and toiletries – and pay the least that I can in all circumstances. So when I read Aaron’s post about Walmart’s Savings Catcher, I was intrigued to say the least. Could it really save me money – someone who works fervently to find the best deals anyway?
I decided to do a 30-day Walmart Savings Catcher trial, starting on April 14th, the day of Aaron’s post.
The technical details
This part was worrisome to me. I am NOT a techy person, as Aaron and Charlie will attest to. But when I went to register for the Savings Catcher, I found it so simple to sign up and use. What a relief for someone like me, who’s not big on the techy stuff. After registering, I simply sign in with my self-created username and password. In the upper left-hand corner, clear as a bell, it says “Enter Receipt”, where I simply put in the number located at the bottom of my receipt, along with the date of the purchase. Walmart Savings Catcher verifies that they’ve received the correct information, and from there, I simply wait.
A quick email confirms that they are searching area stores for lower prices on what I’ve purchased, and a second email arrives in a couple of days to let me know the results. Savings Catcher will either let me know that they couldn’t find any lower prices in the area on items I’ve purchased,:
We compared the items on your receipt to the items advertised by top stores in your area and didn’t find any of them advertised.
Or they’ll let me know the amount of cash I’ve saved due to their price matching policy:
Savings Catcher Credit $2.00 – We found some advertised deals that were lower than the price you paid at Walmart so we are giving you the difference. Enjoy!
Walmart also lets you know if they’ve found that items you purchased from Walmart were already lower than the competitor’s prices with their Walmart Savings button.
The money I’ve “earned” from the Savings Catcher then sits in my online account, until I’m ready to print out a gift certificate or use my Smartphone to redeem my dollars in e-card form on my next Walmart purchase.
All said and done, in the 30 days I tracked my purchases, I spent a total of $642.44. My total Walmart Savings Catcher rebate?
While this one-half of one percent may not seem like a lot of cash, I’m happy with it, knowing that I’m doing everything I can to save money, because all those dimes, nickels and dollars really do add up. If I spend this same amount of cash at Walmart each month for a year, I’ve earned savings equal to a good $36. Considering I’m already so prudent at finding the lowest prices, I think this is a pretty good deal, and I’m looking forward to using the Walmart Savings Catcher for all of our Walmart purchases going forward.
UPDATE 2/13/15: Walmart released this statement today about the Savings Catcher program:
Beginning February 14, 2015, we are removing some departments consisting mostly of items that do not have a like for like match at other retailers, such as produce and bakery items. Additionally, we are limiting our comparisons to offers of other mass market retailers, grocery and dollar stores, removing comparisons with drug stores.