Walmart is scheduled to discontinue its Walmart Savings Catcher nationwide on May 14, 2019. The retail giant initially created the feature, accessible through the Walmart mobile app, in order to help assess whether their prices were lower than their competitors. Although you only have a month left until its discontinuation, for now you can still use the app to save money at Walmart.
What Is the Walmart Savings Catcher?
Walmart shoppers can use the Walmart Savings Catcher tool in the Walmart app to automatically assess prices from top stores in their local area. When the tool catches a lower price on an eligible item you purchased from Walmart, you will receive the difference on a Walmart eGift Card.
What Happened to Walmart Savings Catcher?
Aside from Savings Catcher’s impending closure, nothing else has happened to the Walmart app, according to the company. But the Savings Catcher has effectively lived out its purpose. Walmart’s full statement reads:
“We designed Savings Catcher as a means to catch occasions when a competitor’s price on a nationally advertised item was found to be lower than what you paid for it at Walmart. Since the introduction of the program, we’ve worked hard to lower prices on thousands of everyday items across our stores, which has resulted in our prices winning the vast majority of the time when you submit receipts to Savings Catcher.
This tells us that the program’s intent has been met, which was to provide you upfront with everyday low prices so that you and your family can save money and live better.”
Walmart Savings Catcher Changes
Nothing else is scheduled to change as Walmart discontinues the Savings Catcher.
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Saving Money With the Walmart Savings Catcher
Using the Walmart scanner savings tool is straightforward. You have the option of submitting your receipt number via the Walmart app, online or through Walmart Pay, which is a feature built into the Walmart app that lets customers use their smartphone to pay for in-store purchases. The Savings Catcher will automatically scan advertisements from top stores in your area to find lower prices that match eligible items listed on your receipt. When a lower price is found, Walmart will notify you within 72 business hours and the difference will be credited to a Walmart eGift Card.
How to Save Money With the Walmart Savings Catcher Tool
Until May 14, here’s how to use Walmart’s money-saving tool on your mobile device:
- Open the Walmart app and tap the “Services” icon from the bottom of your iPhone’s screen; then tap the “Savings Catcher” icon. When using the Android version of the Walmart app, tap the menu bar in the top right corner of the Walmart app; tap “Savings Catcher” under “Tools.”
- Tap “Add a Walmart Receipt.”
- Use your phone to scan the QR code or barcode from your store receipt; store receipts must be fewer than seven days old, including the date of purchase.
How to Save Money With the Walmart Savings Catcher With Walmart Pay
You can also use the Savings Catcher via Walmart Pay:
- Go into the Walmart Pay feature in the Walmart mobile app.
- Click the green “Submit Receipt” button at the bottom of your e-receipt each time you use the Walmart Pay app.
How to Save Money With the Walmart Savings Catcher Online
Here are the steps to follow to use the online version of the Walmart Savings Catcher:
- Go to the Walmart Savings Catcher site and log in to your Walmart.com account.
- Look for the box labeled, “Enter New Receipt.”
- Enter the TC# from your Walmart receipt.
- Enter the date of purchase.
- Click “Add Receipt.”
Walmart Savings Catcher Reviews
Some shoppers who have used the Savings Catcher tool and have not used their rewards immediately have had their rewards balance disappear. It might be a good idea to use your rewards immediately to avoid this complication. According to Walmart, “The balance of your Savings Catcher eGift Card will remain on your card until you choose to spend it. There is no time by which you need to spend your rewards.” But given past reviews, users should be vigilant and track their balances.
How Do Other Price-Catching Apps Compare?
Other price-catching apps exist, such as Citibank’s Citi Price Rewind and Capital One’s Paribus, but they offer different features. Once you submit eligible items that you purchased in-store or online with a Citibank card to Citibank’s Price Rewind, the app will search for lower prices within 60 days of your purchase date.
When using Paribus, the app will search for shipping and order confirmations in your inbox to identify purchases to price match, request the refund from the retailer on your behalf and the retailer might or might not issue you a refund, depending on eligibility requirements.
Your Complete Price-Matching Guide: Walmart, Best Buy, Target and More
The Walmart Savings Catcher app could be helpful to shoppers who frequently shop at Walmart stores, but with its impending end, you might want to consider alternative apps that also cover the merchants you frequent.
The Savings Catcher might soon be gone, but you can still learn which Walmart shopping tricks get the most bang for your buck.
More on Walmart
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- Walmart vs. Costco: Which Retailer Stock Is Right for You?
Sean Dennison contributed to the reporting of this article.