Walmart: The Free Rental Agency
Need something for a month or two? Rent it for free from Walmart. For $10 per hour you can rent a bicycle. For a $90 deposit which will be completely refunded upon return of item, you can rent a bike from Walmart for up to 90 days. Use the bike, keep your money.
Want an extra TV or two or three for a super bowl party? You can rent them for free from Walmart.
You can literally live for free off rentals from Walmart.
The same rule applies for many of their competitors.
Do these stores know these policies can be used in this way. Absolutely. The truth is, the unlimited return policy helps these stores sell 4x the amount of product they would sell without this type of policy. But only 5% of customers use these policies to their advantage. The owners of Walmart are worth billions of dollars. And they got it by grabbing what they can get their hands on. Shouldn’t you do the same?
Return policy varies based on particular items. But most items have a 90 day, no questions asked return policy.
Here’s what they say on their website:
Most store items can be exchanged or refunded with a receipt within 90 days of purchase.
Walmart’s No Receipt policy applies to items returned in a store only. You have the option of a cash refund (for purchases under $25), a Gift Card for the amount of the purchase (for purchases over $25) or an even exchange for the product. You can make up to three No Receiptreturns within a 45 day period.