Millions of people head to Walmart thanks to the company’s low everyday prices. However, finding additional ways to save is always smart, and that’s where the Walmart cash-back program comes into play.
Walmart created its Savings Catcher, a Walmart cashback system that ensures you are getting the best deal. Essentially, it allows you to save by automatically checking sale prices from competing stores and offering you cashback as a Walmart e-gift card.
If you are wondering whether the Walmart cashback program, the Savings Catcher, is right for you, here’s what you need to know.
Savings Catcher: A Walmart Cash Back Program
Walmart’s Savings Catcher is a feature inside the Walmart app. It allows you to submit your Walmart receipts with easy and get cashback.
The process for receiving money back is similar to requesting a price match in store. However, instead of tracking down sale prices and requesting a discount at the register, the app does that for you. It scans sales flyers for other retailers in your area and issues a credit as a Walmart e-gift card automatically.
How to Use Savings Catcher
The Savings Catcher feature requires you to sign up for a Walmart.com account first if you don’t already have one. Then, you sign into the app using that information, giving you access to the Walmart Pay service.
Note that you do have to set up Walmart Pay. While the Savings Catcher feature previously let shoppers scan their receipts using a QR code, now they can only be sent in if you complete the purchase using Walmart Pay.
Now, this doesn’t mean you have to list a credit or debit card on Walmart Pay. Instead, you can limit Walmart Pay to only associate with the Walmart e-gift card where you earn cashback. If you use this approach, you will pay for your purchases at the register, using either the credit card machine, cash, or a check. You will need to create a PIN for Walmart Pay to verify you are the one using the service whenever you make a purchase.
Set Up Your Account and Shop!
Once your account is set up, you are ready to shop. When you approach the Walmart register, there will be a QR code on the credit card machine. Open the Walmart app, head to the Savings Catcher section, then launch Walmart Pay and enter your PIN. Scan the code using your smartphone, and it will connect to the payment system.
If you associate credit or debit card with Walmart Pay or have a gift card balance that covers your entire purchase, everything completes automatically. Otherwise, you’ll have to finish up your transaction just as you would with a regular credit card, debit card, cash, or check purchase.
However, if you have a gift card balance that partially covers your purchase, that money is always applied first, even if you have to finish the transaction outside of the app.
Once the sale is complete, there is a link in your Savings Catcher app for submitting your receipt. Once you tap that, it will begin looking for Walmart cashback options using the price-matching technology.
Should You Use the Walmart Cashback Savings Catcher App?
Using the Savings Catcher feature comes with very little risk, especially since you don’t have to list a credit or debit card in Walmart Pay. Plus, it gives you a chance to receive refunds as e-gift cards that connect with the Walmart Pay service, making it incredibly convenient to use the money.
If you shop at Walmart regularly, you could get a lot of money back over time. You essentially get price-matching benefits without all of the work, so that’s a nice bonus.
However, it doesn’t handle all price-matching opportunities. For example, it doesn’t check for lower prices at online retailers, like Amazon, so you do have to find and then request those discounts in person. But, even without that, the Savings Catcher is incredibly convenient, so most Walmart shoppers should consider signing up.
Have you used the Walmart cash back program? Tell us about your experience in the comments below.
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