Use Credit Card Price Protection Programs

Did you know that many credit cards offer a price protection program? Yep. If you notice that a particular item you’ve purchased has gone on sale or is cheaper somewhere else, you can contact your credit card company for a refund of the difference. Usually stores will not honor online prices and require the price to appear in print.

With Citi cards that have Citi Price Protection, you can get up to $250 per transaction if you notice a price drop within 60 days, with a maximum benefit of $1,000 a year.

With American Express, the program is called the Best Value Guarantee. Coverage is up to $250 per item, excluding taxes, shipping, and handling, for up to 60 days and up to $1,000 a year.

Other card issuers may also have similar programs.

###

Also, be sure to check out this week’s Carnival of Personal Finance in which DMH article Don’t Quit Jobs for Less Than an 8% Raise was included.