You’ll also need an itemized sales receipt (or e-receipt) from the purchase. Typically, you need a copy of your credit card statement to show that you paid for the item with the correct card. Once you find a lower price, you’ll have to file a claim. The basics of using price protection are straightforward: Make a purchase using your eligible credit card and find a lower price within the allowed timeframe. These are provided as guidelines only and approval is not guaranteed. This is just one scoring method and a credit card issuer may use another method when considering your application. Still, you’ll probably only want to make the effort for large purchases.Ĭredit Score ranges are based on FICO® credit scoring.
Tools like Google Shopping, which will watch prices and email you when it finds a price drop, can help. It’s still your responsibility to track price drops and provide proof of the lower price which can be tedious. Usually, you need to find a price drop within 30 to 90 days of the original purchase-and it doesn’t even have to be offered by the same retailer.Įven if your credit card is one of the few that carries this benefit, price protection isn’t perfect. It doesn’t matter if you’ve already bought, opened and used the product. The perk isn’t common but can be particularly lucrative when used successfully. This lesser-known credit card benefit refunds the price difference if a product is later advertised and available at a lower price. Price protection is exactly what it sounds like. With the right credit card, you can file a price protection claim and have the difference in price refunded to your card. For most people, that would be frustrating, but smart shoppers know it’s no big deal. Imagine if you had purchased an item only to find it 25% off a week later.
0 kommentar(er)
