Posted by William Charles on March 15, 2019
Misc

Published on March 15th, 2019 | by William Charles

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Walmart To End Savings Catcher Program On 5/14/19

Walmart will be ending the popular savings catcher program on May 14th, 2019. With savings catcher you’re able to scan or enter your Walmart receipts and it will compare the prices you paid to advertised prices by competitors in the local area, any differences are then refunded to you in the form of an eGiftcard. Walmart sent out the following e-mail to customers:

Dear Customer, 

Here at Walmart, we’ve always been committed to providing you with low prices every day, so you and your family can save money and live better. Savings Catcher, which compares nationally advertised prices through submitted receipts, was designed to catch occasions when a competitor’s price on a particular item was found to be lower than what you paid for it at Walmart. 

What we’ve learned through Savings Catcher is that our efforts to lower prices upfront on thousands of items across our stores is working. Walmart’s prices win most often when you submit your receipts, which tells us that the program’s intent has been met. 

That’s why we have decided to discontinue the Savings Catcher receipt submission, effective May 14, 2019. After May 14, you will no longer be able to submit your Walmart Pay eReceipts to Savings Catcher. But don’t worry, the money you have on your Savings Catcher eGift Card will remain yours to spend until you’re ready to use it. 

We want to thank you for your loyalty and your participation in the program. We’ll continue to work hard to offer you features and services that deliver on our promise to save you time and money—whether you’re shopping in our stores or online at Walmart.com.

Their reason for ending the program is basically ‘we offer great prices, so we don’t need this program anymore’. That doesn’t make a whole lot of sense because if it was the case then the program would have an effective cost of $0 (aside from maintenance and other costs). If what they are saying is true, I’d like to see some hard numbers on the amount being refunded on a monthly basis over time to support their claim.



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David
David

Same reason why they discontinued price matching in stores. We already offer great prices so price matching is not necessary…

n0pax
n0pax

They discontinued price matching because their employees didn’t care enough to validate the price matches or were too dumb to. People were making fake Amazon listing for $30 PS4s and then Walmart would price match it np.

Moman
Moman

Unfortunately people that do that kind of thing think they’re “smart” because nobody else is doing it, when in reality they’re just unethical.

Walwho
Walwho

Another reason to shop elsewhere

Frank
Frank

Yup, definitely going to make my business to that other massive store that is everywhere and gives me gift cards for entering my receipt…

Jim W.
Jim W.

Lol! Yes, exactly. We all know Walwho will be in Walmart this very weekend

Jack
Jack

At least other retailers (coughTARGETcough) do SOME form of price-matching.

Toad
Toad

I liked the setup with WM pay and automatically getting the lowest prices refunded if WM didn’t have it. Haven’t really been using it much lately, but for the couple of months I did, the refunds were fairly good considering what it was. Shame to see it go, but not surprising. It didn’t seem sustainable. No reason to use WM pay anymore.

jnjustice
jnjustice

I was thinking this too. It’s not always easy to shuffle with my phone.

MaxPower
MaxPower

Well, I have no incentive to use Walmart Pay now except for rare cases (Chase Pay 5% bonus when linked to Walmart Pay).

Mike
Mike

WMPay is still the best way to use gift cards from gyft.com (5x with ink) or discounted gift cards. Savings catcher never compared with all the stores (winco) anyway.

Trevor
Trevor

I agree Mike. Except for the few times when WMPay would come back with an error, usually with self-checkout. Then I wouldn’t have my plastic gift cards on me and I’d have to pay another way. >:^O

aubergine
aubergine

Just out of curiousity why is WMPay a better way to use gyft issued gc?

Nick
Nick

Personally, I tried paying with a GC print out once (before Walmart pay was widespread). The cashier struggled incredibly. A line built up behind me. It made me feel how someone paying with all coins must feel.

Not an issue at self checkout (or with a good cashier), but self checkout closes early in many locations. And some smaller stores (neighborhood markets especially) do not have them. Luckily, they recently changed the self checkout hours at my local 24/7 Walmart.

Denis
Denis

oh, my local walmart usually redirects customers to self checkout after 11pm so I missed the opportunity to unload vgc with a cashier several times

Denis
Denis

it’s a better way to use gc issued by anyone, especially if you have many of them. just upload to WP and forget about it.
I used a printed eGC once and it created some trouble for an inexperienced cashier

Trevor
Trevor

The amount of savings being caught has definitely decreased in the past year.

Lifetime Savings: $97.44

Jeff K
Jeff K

I’ve gotten back $136 since I learned about the program about 2 or 3 years ago. I mostly shop there for groceries, but infrequently. An average grocery order of $200 would get me back $2-$4 per trip. Or was a nice perk while it lasted.

Won
Won

Wish they’d just be upfront about it and say, “We’re losing millions per year and don’t want to pay out anymore. You can get great prices on many things here, but for the things priced higher at Walmart, well, since you’re here for the cheaper things anyway, it’s a matter of convenience and up to you to also find/go elsewhere for better prices on the things that are priced higher here! Also, hopefully, you don’t even realize we charge more for certain items!”

David7914
David7914

I got back about 80$ total for last 3 yrs, I stopped since they started required Walmart pay for that, it’s like a chick bone, l miss them, yet I don’t.

-G-
-G-

And another good thing bites the dust. 🙁

At least I won’t have to bother with Walmart Pay any longer.

parkdanil

I stopped using them back in 2017. The kept removing stores with lower prices from their list of “competitors” so they wouldn’t need to issue credits.

Information Booth
Information Booth

Originally… you could put any Walmart paper receipt into the catcher. About a year ago… they changed the policy so that you could only enter a receipt if you used Walmart pay for your purchase. I’m not surprised they are ending this program around the same time they are getting rid of their disabled and elderly greeters. End the Catcher if you want…leave the greeters alone… just my opinion. John 3:16

Amy
Amy

Yeah, that ticked me off when it happened: I couldn’t use it because I don’t have a phone plan, only wifi (which Walmart doesn’t offer, not like Meijer). I expected that meant it would be phased out eventually, so little surprise there. And as others have said, when I was using the program I was seeing fewer and fewer refunds as well instances where it wouldn’t catch better prices I knew existed elsewhere–I even sent several messages once to fight for a refund but never heard anything back nor saw the money show up in my account.

Nick
Nick

I am sure it is location dependent, but check again. The two Walmarts near me have Wi-Fi. Without the program, I guess it is not that important either way.

Denis
Denis

You can actually submit a printed receipt too, just need to upload it into the app first.

Shell
Shell

I had $150, saved on the saving catcher for the year to do my kids Christmas shopping, otherwise I couldn’t afford gifts. My guess is Walmart discovered how much money they were losing, and so will cancel the savings. What are they gonna do away with next, coupons? I’m done with Walmart. I won’t need the app and will delete it, as well as unsubscribe. I will likewise shop elsewhere, Meijer has pretty good deals with mperks.

Joe Giorgianni

My wife buys our groceries there all the time. In the 18 receipts since January there were “No lower prices found.” Hmmm. Made a total of $58.44 since we had it,

jumbo is fat
jumbo is fat

seems like they never found lower prices despite obviously lower sales prices at other stores. If not for gyft cards I would never use wmp

Sandra Blake
Sandra Blake

I’ve saved around 105.00 dollars since I’ve been using price comp hated when they changed it but when I figured out how to continue to use it was ok I liked to take what I saved and buy things from Wal-Mart .com I guess I won’t anymore now I will have to go to stores that have things I buy on sale.:(

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