The new Wal-Mart Savings Catcher is now available nationwide.
What is the Savings Catcher? It's an automatic price matcher. Now when you shop at Walmart you can let them do the price matching for you. After you checkout it's as simple as taking a picture of your receipt or entering your receipt number online.
They will scan the local competitors ads and if they find a lower price at another store, they will give you the difference back in the form of an egift card to use on a future purchase!
The program is a great way to save additional money with no work involved.
- DO NOT price match:
Items that require a separate purchase to get an advertised price (buy oatmeal, get milk for $1)
Items with no actual price (buy cereal, get Milk free)
Items that require a purchase to get a gift card (buy 3 shampoo, get $5 gift card)
Going out of Business or Closeout Prices
Percentage off sales
- Coupons can be used. Savings is applied to Walmart price before you use any coupons.
- You have 7 days to enter your receipt
- DOES NOT apply to Store Brands, deli, bakery and weighed items like meat. (but yes to most fruits and vegetables). General merchandise items like electronics, media and gaming, toys, sporting goods, housewares, small appliances, home decor, bedding, books and magazines, apparel and shoes, jewelry, furniture and seasonal products, non-branded items, tobacco, firearms, gasoline, tires, prescription drugs, optical and photo products and services, products that require a service agreement such as wireless, automotive or financial products.
- You can earn a maximum of $599.99 Reward Dollars per calendar year.
I decided to test it out before I made this post and here's what I did and here's what I came to conclude:
I purposely bought items that were in the sale ads from my 2 local grocery stores: Smith's and Kent's
I was curious if the Savings Catcher would ‘catch' the Mega Event items at Smith's. Here's what I bought
I proceeded to checkout and DID NOT price match so I could test the Savings Catcher.
My total for the 9 above items:
When I got back to the car, I opened up the Walmart app on my phone. It was easy to navigate to the Savings Catcher. It gave me the option to “Scan a Receipt”. There is a QR code at the bottom of your receipt that you can scan or you can manually enter in the receipt number.
After you scan the receipt, it tells you which stores in your area they will be price matching against. Here are the stores it brought up for me:
Kent's was NOT on the list! This was a big disappointment for me. Kent's is closer to my Walmart than Petsmart and Officemax. It seems that it's only picking the larger chain stores. I was also shocked not to see Target or Best Buy. I don't have either of these stores in my town, but they are within a 30 miles radius. Petsmart and Officemax are also not in my town. Weird!
After it scanned for stores, it told me that it could take up to 3 days for them to “work their magic” and compare what I bought to find lower prices.
So I patiently waited……….
3 Days later, I got an email and a notification on my phone that the price matching was done and that I could view my savings. Here's what it did:
Now if I didn't know about the prices at the other stores. If I didn't do my homework and shopped lazily at Walmart, the savings would have been a nice pleasant surprise. That is the only thing I found good about this program. This program is a great way for Walmart to KEEP the shoppers that they already have.
I was VERY disappointed that it didn't price match the Jif Peanut Butter for $1.49 at Smith's. After all, I did buy 5 of them to stay within the Mega Promo. The $1.49 price IS/WAS listed in the Smith's ad. I was also disappointed that I didn't get the lower price on the bread. I didn't know they weren't going to price match Kent's until after I checked out.
If I had done this shopping trip at Smith's, I would have saved an additional $2.26. My Smith's will let me price match Kent's! I also would have received Fuel Rewards!
Conclusion: this program doesn't make me want to become a Walmart Shopper! Not at all! I DO however see the good of it if I do take the occasional trip there. It's not hard to scan your receipt and IF any lower prices are found, I really didn't do anything to get that savings.
If you want to try out the program for yourself, go here for more details.
For me, I will continue to shop at Smith's. I LOVE the fast checkout (nothing is worse than waiting 40 minutes to checkout at Walmart!). I love the customer service and friendly employees at Smith's. I love their produce and meat selection. I LOVE that I save money on gas!
What are your thoughts? Does this program make you want to shop at Walmart? Have you tried it out?