Walmart is the one place where you can get anything you want, 24/7. Consider that Walmart promotes itself as a superstore housing all kinds of products from electronics to groceries, jewellery, clothing, and outdoor products. As a low-price giant, Walmart routinely undercuts its competitors on the widest possible range of products, services, appliances and beyond. Saving money at Walmart is easily done, but is there an even better way to shop until you drop with more cash in hand?
Best Money Savings Ideas for Walmart Customers
There are many top ways to save money shopping at Walmart. One of them is the price match guarantee. While most stores still participate in this innovative solution, you may wish to double check that your preferred Walmart operator offers this too. According to price match, Walmart will match any advertisement on a product that it has in store with any other retailer. It is advisable to prepare this list in advance, thereby saving you money on driving around, taking pictures or coupons from retailers in the process. Walmart also makes money savings possible by way of matching prices at certain online retailers as well.
Nowadays, mobile shopping is all the rage. Various iOS and Android cashback apps can save you money with a wide range of available offers. For example, certain apps allow you to save money when you upload your receipt, while others will offer cashback on multiple grocery items, foodstuffs and the like. The best way to benefit from these cashback apps is to comply with the terms and conditions listed, and enjoy the many benefits these mobile apps have to offer. Several leading cashback apps offer welcome bonuses to clients, making them attractive propositions as money savings options.
Walmart also offers a credit card. Frequent shoppers at Walmart have likely been tempted to register for a store card or a Walmart MasterCard. There are notable differences between the Walmart credit card – the store card, and the Walmart MasterCard (offered through Synchrony Bank). Each one has benefits, and pitfalls, and you will do well to consider both of them in your decision-making processes.
For starters, the Walmart MasterCard can be used anywhere the MasterCard logo is displayed. This is the best benefit of this option. Fortunately, you can enjoy generous cost savings on both. This is especially true on big-ticket purchases at retailers like Sam’s Club and Walmart stores.
Interest Rates on Walmart Credit Cards and Walmart MasterCards
Be advised that the Walmart credit card options are different to the Walmart debit card. In the latter case, no credit is extended to you and only money that you have available in your card from a deposit is yours to enjoy. The store card is best suited to you if you regularly shop at Sam’s Club stores or Walmart stores. There are significant cost savings available with these cards such as 1% cashback on all your purchases.
You can also save $0.05 per gallon at all applicable Walmart gas stations. Perhaps the most important numbers are the interest rates on each of these cards. With the Walmart credit card, there is a 23.15% interest rate, and cash advances are available at an interest rate of 25.90%. The good news is that there are no annual fees. With the Walmart MasterCard, there are no annual fees and your personal credit profile will determine the interest rates on offer, starting at 17.15%, 20.15%, or 23.15%.
A leading authority on credit facilities, CreditLoan.com advises potential clients to consider the benefits of the Walmart Credit Card and the Walmart MasterCard in full. The credit limits on the credit card are dependent on your credit history. It is not uncommon for credit limits as low as $150 to be approved, but it is possible to increase that limit by requesting a credit limit increase through the customer service center. The actual application process can be completed online, or in store.
Make Timely Payments to Enjoy Maximum Benefits
The details that are needed include your name, address, zip, phone number, email, date of birth, Social Security, net income, and length of residency at your address. Further customization is available in the way you receive your statements. Various features are available with the Walmart card including credit balance refunds, dispute resolution, lost/stolen cards, balance checks, credit line increases, password resetting, adding additional users, making payments on your card, and updating your information. Minimum payments are balanced dependent and also depend on the interest rate in play. Be advised, that there is a late payment fee of $35 on the Walmart MasterCard and the Walmart credit card. The savings are worth it if you make your payments in full and don’t incur late fees or interest on payments.