Walmart+
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Background
How much is your time worth? If it’s worth more than $1.88 per hour then Walmart+ might be right for you.
This article is unique because it regards the only service on this website that doesn’t intrinsically make you money or save you money. Now, while it doesn’t intrinsically increase your money, it can save you hours of time and offers many money-saving perks – and, if you will argue that time is money, then you could argue that Walmart+ does, indeed, save you money.
So, what is Walmart+? It’s a subscription to Walmart grocery delivery and free delivery on tons of products sold through Walmart.com.
Features
The primary value in Walmart+ is the unlimited grocery delivery. For orders over $35, the delivery is free. And, with today’s grocery prices, it’s difficult not to spend $35 on groceries!
Given Walmart Plus’s $98/year price tag, we can calculate if a Walmart+ subscription would be worth it by asking, how much is your time worth?
Once you have the answer to the above question, let’s estimate how much time you normally spend grocery shopping. If you spend an hour every week, then that’s 52 hours per year. Dividing $98 by 52 hours, you end up at $1.88 per hour. So, unless your time is worth less than $1.88 per hour, then it would be worth your time to get Walmart+. And that’s not even including your gas savings.
Speaking of gas, Walmart+ offers a member discount of 10 cents off per gallon at Exxon, Mobile, Walmart, and Murphy gas stations. Last summer, they even doubled that savings to 20 cents per gallon!
The secondary point of value in Walmart+ may be its free shipping on all “shipped by Walmart” (sold by Walmart, rather than vendors) items. There is no order minimum to receive free shipping for these items!
Speaking of items you can buy at Walmart, you can save money by buying things that are quantitatively comparable to the expensive brand. One of my favorite Walmart brands is Ozark Trail. I’ve been using their travel mugs for years, and they cost a fraction of what Yeti mugs do – and have the same steel and insulation ratings. You can also apply the same process to joule ratings for power strips, ampere ratings for power cords, etcetera.
Comparable Ozark Trail travel mugs cost 23% of what a Yeti costs.
A Walmart+ subscription grants you free access to the ad-supported tier of Paramount+, giving you over 40,000 movies, episodes, and live broadcasts.
Walmart+ gives access to their pharmacy, which will automatically ship your prescription without charging you for postage! This can be a huge time and money saver!
Walmart+ recently partnered with Ibotta to give rewards on select grocery products. (No, you can’t double-dip!) My wife has earned us nearly $100 so far with this rewards program! The rewards are added to your Walmart wallet as a payment type and they’re available as soon as your delivery is completed.
The Walmart+ rewards program allows you to receive Walmart credit.
One nice thing about Walmart is that you can add your vehicle information to automatically filter for products that are an exact match for your vehicle when searching for things like oil, filters, wiper blades, brakes, and headlights.
Walmart gives you three months to initiate returns – which can usually be shipped for free (pickup included)! It’s a huge deal for your returns to be picked up for free, given that Amazon makes you pay to schedule porch pickup!
Walmart allows you to pay with PayPal, which can net you 3%-6% cashback.
The referral program allows you and your friend to earn $20 each for referrals. This brings the price point down to $1.50/hour to see if it’s worth your money. I’m certain your time is worth more than that!
The grocery delivery experience isn’t perfect. Every once in a while the groceries don’t end up being delivered. But when that is the case, you can contact customer support and can receive a $20 credit to make up for the inconvenience!
A couple of times we received somebody else’s groceries! They don’t take the groceries back; they’re yours to keep! While you may not normally eat everything in your bonus order, there’s likely a decent amount of overlap. If you can use $100 worth of the food you receive, then that alone covers the entire cost of membership!
Conclusion
Walmart+ has the potential to save you hours of time and significant amounts of money. I have enjoyed using it for over three years.
Click the button below to receive a $20 signup bonus.
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