So you were introduced to the Getwaldo.com and now you want to know if it is a scam?
Good thing for you, I have put together this Waldo cash back review so that you can understand exactly what it is that you are getting involved with.
Most of you were told that this is a great way to make money while some of you were told about what the site actually does.
Save you money.
Whatever the case may be, I have covered every angle of what this program actually does.
Before you go joining or even believing anything that you were told, let’s go through this quick review so you get the best understanding of how everything works.
I have joined Waldo and I linked my credit card as well.
Call me the guinea pig but at least you don’t have to do some of the sketchy stuff that comes with these kinds of programs.
Here is all the information you need, so you’re welcome.
Get Waldo Review – Product Overview
Name: Get Waldo
Type of Service: Cash Back
Overall Rating: 2.5/5 stars
Get Waldo is a cash back app that does exactly that. By linking your credit or debit card, you will receive cash back by shopping like you normally would by using that specific card. When a purchase is made, the app will automatically reward you without any extra effort on your part. It is safe to use and will allow you to redeem your cash via the Get Waldo App. Don’t forget that you will receive $5 just for signing up and linking your card, so do take advantage of that.
So What Exactly is Get Waldo?
Get Waldo is a refund and savings finder service that allows its members to get cash back just for shopping.
Price matching is a thing and many stores (if not all) are honoring and giving customers the difference from goods that have already been purchased.
Under normal circumstances, there are several things that need to be done in order for you to get that difference.
For one, you would need to be aware of the price drop.
Either in store or through an ad of some sort.
Then you would need to bring your receipt back to that store and have the cashier issue you a refund.
This is quite the process and that is why things like Waldo are created.
By cutting out all that work, Waldo can automatically issue you that refund without any extra work on your part.
That’s what it does but there is more to such a simple concept that I will be discussing in this review.
How Waldo Works
The idea behind Waldo is actually really simple and there are other apps like DOSH that provide the same service.
These services use a software that automatically detects when prices change and then grab the difference.
By being the referring party, they will also get credit for the purchases you make.
You link your card and make a purchase, everyone makes money.
The store gets you as a customer, Waldo gets their cut for being the referring party, and you get the cash back for just being a customer.
There’s no real technical job behind things and this is exactly how it works.
Just in case you were wondering how Waldo makes their money.
Price Drop & Refunds Explained
This is one of the cooler features that come with Waldo.
The service works AFTER you have made a purchase and will give you a refund if the price of that item goes down.
This is done automatically behind the scenes and will be filed with that participating vendor.
If the system detects a price drop, it will automatically file a refund claim and it will then be added to your Waldo account.
There is a minimum price drop difference of $3.
So if the price only drops by $2 then it won’t be picked up by the software.
Waldo does make exceptions for smaller amounts at its discretion.
Now once a claim has been filed for that specific item, another one will not be filed even if that item’s price does drop even lower.
Not all price drops are picked up by Waldo, so that’s something you can expect and not have the luxury of making a complaint.
There is also a 25% “finder’s fee”, which will automatically be taken out from the card you use with Waldo.
You will receive a summary for everything so you can see a breakdown of what you’ve earned and what fees were charged.
With my experience in cash back apps and websites, this is where the biggest problem occurred.
Most sites aren’t partnered with many stores that your “cash back” doesn’t occur that often.
With Waldo, they are just a bit better than the average.
The stores that are supported are mostly apparel based but Walmart is on there if you do shop there.
These are all U.S. based stores, so obviously the app will only work if you shop within the U.S. or one of its territories.
There are just over 100 stores on the list, so you can’t expect much cash back by using their service.
You will find stores like Macy’s, Amazon, Best Buy, and other popular brands but there are a lot that you might not have even heard about.
The Waldo Affiliate Program
Almost every cash back type of service offers its members a chance to make some money by simply sharing it.
With Waldo, you, along with the sharing party, will get rewarded as long as that person is not an existing member.
As the person sharing the app, you will make $10 if the person receiving the invite connects his or her credit card.
That person MUST connect a card or you will not get credit for that referral.
As the recipient, you will get $5.
This gets credited to your Waldo account and will be added together with the cash back rewards that you will then accumulate.
From there, you can claim your cash and use it as you please.
Now there is one thing that you must know and it is something I am not too fond of.
There is a limit on how much you can earn through the Waldo referral program.
In a single year (365 days), you are not allowed to exceed $599 through referrals.
However, you can apply to their ambassador program if you do happen to hit that milestone.
I guess it isn’t that bad when you think about it as $600 is the magic number when it comes to doing any kind of online business.
Once that number is hit, you, my friend will need to report it on your taxes.
Waldo should be sending you the proper documents, so I wouldn’t worry too much about that just yet.
That isn’t much of a hassle but is just something you should be aware of.
Upon reaching the minimum threshold of $25, you will then be able to redeem your cash.
In order to get that, there are several requirements.
You need to have a Google account and it MUST be authenticated with Waldo.
This does allow Waldo to gain access to your Google account, so if that hasn’t happened then you will not be able to cash anything out.
You also must have a valid debit card on file and you must be from the U.S.
There is also an option to receive your payment in the form of a gift card, so you can utilize that as well.
Payments usually take around 3 business days but you can see them sooner depending on your transaction.
You are also only limited to one withdrawal request in a 24 hour period.
Pros & Cons of Waldo
- Will pay
- Is legit
- Awesome referral program
- Signup options are limited
- Not many supported stores
- Limited on referral earnings
- Referral must link a credit card in order to make money
Final Verdict: Legit
At the very least, Waldo is not a scam.
It is 100% legit and they will pay.
You will get the cash you have earned, but it does come with its downside.
Limited stores and caps on referrals might be an issue but overall, this is not a bad service.
With a nice referral program, it’s hard to not spread the word.
Waldo is really new, so now would be a great time to introduce it to family, friends, and even complete strangers.
Everyone wants to make money and I’m sure they will appreciate what you are about to introduce them to.
There are a handful of cash back apps and websites that I recommend and this is just one of them.
DOSH is something you might want to look into as I personally use them myself but Waldo does exactly what they do.
Heck, I would signup for both of them just like I did.
Now if you are looking for more of a career within the online space, I definitely recommend something like affiliate marketing.
If the idea of selling other people’s products to earn a commission sounds like something you see yourself doing, that is what you should consider.
I personally recommend a program called Wealthy Affiliate as they are responsible for me being able to work from home for the past 5 + years.
They are affordable and have everything you need to start, run, and maintain a legit online business.
Besides that, I hope this Waldo review has given you all the information you were looking for.
If you have any questions, feel free to leave them in the comments section below and I will get back to you as soon as I can.
Thanks for reading and good luck!