How Walmart Savings Catcher Put $80.32 Back In My Bank Account

Just this week I redeemed $80.32 of Walmart Savings Catcher rewards.

Yes, Walmart paid me to shop at Walmart.

Here’s how it works and how you can get Walmart to pay you to shop there, too.

What Is Walmart Savings Catcher

Walmart Savings Catcher is a part of the Walmart app. Basically, Walmart is willing to compare its prices to local competitors and pay you the difference. The app does have to find a lower price for the same exact item at a competitor for this to work.

For instance, if you usually buy 12 packs of Coke Zero for $3.88 at Walmart but the Publix down the street is selling them for $2.50 each, Walmart will give you $1.38 in Savings Catcher rewards.

How Walmart Savings Catcher Works

Walmart Savings Catcher is really easy to use. Simply open the Walmart app and click the Savings Catcher button.

Next, click the Add a Walmart Receipt button. You will then have the option to scan the QR code (the funny looking pixelated square) at the bottom of the receipt or type on the receipt number and date manually.

Walmart then pulls the data for everything you bought on that receipt into their system. Over the next couple days, the app processes what you bought versus ads for local competitors.

If the app finds an exact match for an item you bought that has a lower price at a competitor, you’ll earn Savings Catcher rewards.

The app keeps track of your Savings Catcher rewards. When you’re ready, you can transfer the rewards to a Walmart egift card to use in the store or use Walmart Pay to use your Savings Catcher rewards.

If you do choose an egift card, be aware that it may take up to 24 hours to process and send you an email with your card information.

Downfalls of the Savings Catcher App

Of course, the app isn’t perfect. Savings Catcher won’t always catch lower prices at competitors. Often, an item may be on sale at a competitor but is being sold in different packaging that technically makes it a different product. Think different sizes or different branding for each store.

Another downside of the Savings Catcher app is many of the items we buy aren’t eligible. We end up buying many store brand items because they’re good enough for us. Unfortunately, no one else sells Great Value and other Walmart private label items, so there is nothing to compare and possible savings.

Some users may not feel comfortable using the Savings Catcher app because it essentially collects data on you as a shopper. Every time you scan a receipt, it adds it to a receipt vault. Your receipts are associated with the email address you use with the app.

That means Walmart is learning your shopping habits, much like other grocery stores do with rewards or discount cards.

Finally, if you usually use ads to shop around for the best prices, Walmart Savings Catcher probably won’t save you money. My wife and I don’t look at ads and plan our meals based on sales, although we’re considering starting.

If you do this, you’ll probably save more money than simply relying on Savings Catcher to get us deals like my wife and I do. That said, if you’re going to shop at Walmart anyway, it doesn’t hurt to simply scan your receipt to double check you’re getting the best deal.

Why I Use Savings Catcher

My wife and I use Savings Catcher every time we shop at Walmart. We don’t care that they learn our shopping habits. I figure if they really wanted to, they could do that based on the credit card we use, too.

What we do care about is saving money in a simple way. We almost solely shop at Walmart and Sam’s Club because they usually have the best prices in our area. We don’t want to take the time to shop all of the local grocery store ads and travel to multiple stores to save a few dollars.

Savings Catcher allows us to capture some of the savings from the local grocery store sales while saving us time, too. It isn’t perfect, but it’s better than nothing.

How To Use Savings Catcher And Actually Save

Savings Catcher can be tricky if you actually want to save money. My definition of saving money is putting money in the bank. Sadly, many people’s definitions of saving money is spending less than the “retail” price.

Putting money in the bank with Savings Catcher is totally possible. First, you need to make sure you don’t change your shopping habits to chase after increased Savings Catcher rewards. If your usually purchase is cheaper after any rewards you’d earn, switching to earn rewards is counterproductive.

Next, when you cash out your Savings Catcher rewards, you need to use them to buy stuff you were going to buy anyway. If you do, then you can take the money you were going to spend on those items and put it in the bank.

Actually saving money with Savings Catcher rewards is totally possible. It just takes a bit of awareness and self-discipline. Now go get the app and start saving today.

If you shop at Walmart, do you use the Savings Catcher app? How much have you saved?


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About Lance Cothern

Lance Cothern, a Certified Public Accountant (CPA) licensed in the Commonwealth of Virginia, is the founder of Money Manifesto. You can read more about him here or connect with him on Facebook, Twitter, Google+ or Pinterest.


  1. Well the biggest drawback, of course, is that you have to shop at Walmart.

    Walmart has good prices but at least for us, they are such a hassle. Their stores always have long lines, they have stock issues both in store and online, and it just seems more trouble than it’s worth. That’s our experience anyway. But it is cool that this is working out well for you.

    • We just can’t justify the price difference to shop at Publix or Winn Dixie around here. I wish we could, because the shopping experiences at those stores is much better.

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