CVS has never really had an Official coupon policy to date. As of today though, they have released one. You can head over here to see or print a copy for you.
*CVS/pharmacy does not accept expired coupons.
*Coupons and their face value cannot be exchanged for cash or gift cards.
*Competitor coupons are not accepted at CVS/pharmacy.
*CVS/pharmacy does not accept coupons for items not carried in our stores.
*CVS/pharmacy does not currently accept coupon bar code images displayed on a smartphone, iPhone, Droid etc.
*The total value of the coupons may not exceed the value of the transaction.
Sale Items:
*CVS/pharmacy will accept manufacturer coupons for an item that is on sale.
*CVS/pharmacy will not accept percent off coupons for sale and promotional items.
*In the event that any item’s price is less than the value of the coupon, CVS/pharmacy will accept the coupon only to the price of the item. CVS/pharmacy does not provide cash back in exchange for any coupons.
Multiple Coupons:
*CVS/pharmacy accepts one third-party manufacturer coupon and applicable CVS/pharmacy coupon(s) for the purchase of a single item, unless prohibited by either coupon offer.
*The number of third-party manufacturer coupons used in a transaction may not exceed the number of items in the transaction.
*The coupon amount will be reduced if it exceeds the value of the item after other discounts or coupons are applied. (For example, a $5.00 coupon for a $4.99 item will result in a $4.99 coupon value).
*CVS/pharmacy accepts multiple identical coupons for multiple qualifying items as long as there is sufficient stock to satisfy other customers, unless a limit is specified. Management reserves the right to limit the quantity of items purchased.
*CVS/pharmacy reserves the right to process coupons in any order.
Internet/Print at Home Coupons:
*CVS/pharmacy accepts valid internet/print at home coupons containing a barcode.
*CVS/pharmacy will not accept reproductions or rebates.
(Thanks hip2save)
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