Hate it when you buy a product only to find out it goes on sale days later?
Did you know that many stores guarantee you will get the lowest price and will give you a refund for the difference when this happens?
How do Price Adjustments Work?
If you buy a product and it goes on sale for a lower price than you paid, you can get a refund through the merchant’s Price Adjustment or Price Protection policy for a certain number of days. Usually, refunds are applied to your original form of payment. For example, if you paid with a Credit Card, the refund would be applied back to that Credit Card.
Let’s say you bought a toy from Toys “R” Us for $49. Ten days later, the same toy goes on sale for $30. Except your Son or Daughter has been playing with the toy so you can’t return it. Not to worry, all you have to do is notify Toys “R” Us to claim a refund.
Step 1: Keep your receipt and know store policies
To take advantage of Price Adjustments you got to keep your receipt and know store policies. Check out our list of stores that we know offer Price Adjustments. Let us know in the comments if you know of any others.
Step 2: Mark your calendar
Add a daily reminder to check the price of your purchase online for price drops, coupons or sales. Most Smartphones or calendar apps allow you to set up these reminders.
At PriceAdjust, we handle everything for you: Automatically checks receipts in your inbox, monitors stores for lower prices and notifies you when you can get money back. If you purchased something in-store, you can send us a picture of your receipt at firstname.lastname@example.org.
Step 3: Claim your refund
Once you identify a lower price, stores generally offer a few options to claim your refund depending on how you made your original purchase:
- Online Purchases: Depending on the store you will need to send an email to the Customer Service department or call Customer Service directly.
- In-store Purchases: Stores generally require you to present your receipt in-store at the location you purchased the original item.
What if my favourite store does not offer Price Adjustments
Not to worry, all hope is not lost. You could purchases the EXACT same item again and then return it with your original receipt with the higher price if it is within the return window.
Have you saved any money from Price Adjustments?
What is the best Price Adjustment you have ever had?