CVS For Beginners

Friends, Family and online chat buddies are constantly asking me how to “do CVS.”   Everyone is feeling the financial pinch these days and CVS deals is on my list of top 10 stores I get the best deals at!  So, for all of you who have requested it, here’s a lesson in how to work CVS and the Extra Care Buck program.

STEP 1:
Sign up for a CVS card. It is just like a loyalty card. The cashier scans your card each time in order to receive rewards which will be explained later. You can receive a card at the store or you can get them online HERE.

STEP 2:
The weekly ad is just like any store circular. It will have all the deals including a couple of items that earn ECBs (or Extra Care Bucks). For example, one of the items in this week’s flyer is the Excedrin 10ct. Vial for $2.49. Under this it says you’ll get $2.49 ECBs – making it “FREE” with a limit of 1. Let’s say you just decided to get this one item. You take it to the checkout. It will ring up $2.49 + tax. You will have to pay the amount. But, then you’ll get a receipt and at the end of the receipt it will say you’ve earned $2.49 ECBs. Don’t loose this receipt! This little “coupon” at the end of your receipt is just that – a coupon! You can cut it off and keep it and use it just like cash on your next transaction. It will take $2.49 off your total.

STEP 3:
Okay now that you have your card and your flyers you are ready to decide what to buy and plan your transactions. You can also use this blog to help you.

Of course items that are “FREE” after ECBs are going to earn back all your money with little effort. Let’s say this week Gillette deodorant is on sale for $3.99 and you’ll earn $3.99 and the Excedrin is $2.49 and will earn you $2.49 in ECBs. You don’t have any coupons. So your transaction goes like this:

Buy Gillette deodorant $3.99
Buy Excedrin $2.49
Final Total: $6.48

You'll pay $6.48 + tax and at the end of your receipt you'll get 2 ECBs. One will say $3.99 and the other will say $2.49. So, you earned a total of $6.48 in ECBs - your products were "free."


STEP 4:
Let's take the same scenario as above but this time you've brough along a coupon for Excedrin for $2 off and a BOGO (buy one get one free coupon) on the Gillette deodorant. Your transaction will go like this:

Buy (2) Gillette deodorants $3.99 each (total:$7.98)
Buy Excedrin $2.49
Final Total: $10.47
Use $2 coupon for Excedrin
Use BOGO coupon for the two deodorants
Final total after coupons: $4.48

You’ll pay $4.48 out of pocket +tax and at the end of the receipt you will receive an ECB for $2.49 for the Excedrin and another $7.98 for the deodorant (assuming there wasn’t a limit of one). So, you earned a total of $10.47 in ECBs to spend like cash next time – even though you only spent $4.48!


OPTIONAL STEP 5:

Every now and then CVS releases $/$$ coupons. These come in the newspaper, online, and every now and then they’ll print on the end of your receipt or in your email! These coupons are in denominations of $2/$10 (meaning $2 off of a $10 purchase), $3/$15 (meaning $3 off a $15 purchase), and $4/$20 (meaning $4 off of a $20 purchase). These can be used in addition to manufacturer’s coupons. So, let’s take the same transaction as above one more time:

Buy (2) Gillette deodorants $3.99 each (total:$7.98)
Buy Excedrin $2.49
Final Total: $10.47
Use the $2 off of $10 coupon (it is important to use this coupon FIRST while your total is over $10).
Use $2 coupon for Excedrin
Use BOGO coupon for the two deodorants
Final total after coupons: $2.48

You’ll pay $2.48 out of pocket +tax and at the end of the receipt you will receive an ECB for $2.49 for the Excedrin and another $7.98 for the deodorant (assuming there wasn’t a limit of one). So, you earned a total of $10.47 in ECBs to spend like cash next time – even though you only spent $2.48!


The goal in CVS shopping is to pay very little out of pocket and take home products you can use and products that you NEED.

So, each week or so you’ll want to use your ECBs to pay for your purchases instead of using your cash.

Let’s say I did the above transaction. I only spent $2.48 my first week of CVS shopping and I brought home 2 deodorants and a bottle of Excedrin. Not very exciting, but I can use both products or donate them and I have $10.47 to spend the following week. (Note: you can use your ECBs immediately after they print but let’s just say I did one transaction a week to keep it simple). The following week I look at my flyer and determine that toothpaste is $2.99 this week and will earn me $2.99 in ECBs and a pack of Bic razors are $6.99 and will earn me $4 in ECBs. I decide those are things that will earn me the most bucks and they are items I can use. I also have a $1 off coupon for the toothpaste and a $2 coupon for the razors. As you can see I am basically making $1 off the toothpaste and paying only $1 for the razors. I also really need milk this week and would like to try to see if I can pay for it with ECBs to take that off my grocery budget. So my transaction goes like this.

Buy (2) toothpastes $2.99 each ($5.98 total)
Buy razors $6.99
Buy Milk $3.99
Final Price: $16.96
Use $3/$15 CVS coupon
Use (2) $1 off toothpaste coupons
Use $2 razor coupon
Final total after coupons: $9.96 + tax
Then, I use my $7.98 ECB from last week

That means I spend $2.02 cash and I earned another $5.98 ECBs for the toothpaste and $4 ECB for the razors. That is a total of $9.98 in ECBs for next week to spend (plus the $2.48 ECB from the Excedrin the week before I haven’t used yet). So, I took home more products I can use and the milk I needed plus I have MORE money to spend next week!

That is the goal with CVS shopping – to keep “rolling” (using ECBs from last week this week) your ECBs over and “growing” (making more ECBs this week then you had the last). Some weeks are bad, you may roll your ECBs and lose a few. Other weeks are worse, you “blow” your ECBs. But, no worries, you can always do better next week. Don’t give up over one bad week!


Just remember: when you get to the check out you’ll need to follow these steps:

1. Present your card to the cashier so she/he can scan it.
2. The cashier will scan all your stuff.
3. Present an $/$$ CVS coupons
4. Present any manufacturer’s coupons
5. Pay with ECBs*
6. Pay the remaining balance with cash

*You will NOT get change on your ECBs. If your total is $8.23 and you have an ECB for $9 the cashier can scan it but you won’t get the $0.77 back. You could throw in a candy bar or something and make sure to use it all up. Otherwise you’ll be throwing away “money.”