Thursday, May 10, 2007
A Method for the Rebate Madness
Today’s WSJ highlighted the challenges with mail-in-rebates with a reported success rate of one in five rebates. I make extensive use of mail-in-rebates and have my share of horror stories, but generally do collect. Here is the fool-proof method:
- Make sure that you have a copy of the rebate before you make a purchase.
- Ensure that you have a phone number to call if there is a problem. Often these numbers are in fine print on the rebate form. Retailers are unlikely to be responsive if you have difficulties with the rebate.
- Make photocopies of the UPC code, rebate form, bill and any other relevant information. Write the date on your copy.
- Mail the rebate in ASAP after you have tested the product and ensure that you do not want to return or exchange it.
Lately, I have been purchasing electronic gear and accessories at buy.com, which promotes
mail in rebates heavily. On occasion, I have had difficulty, but a phone call (which can take twenty-thirty minutes on hold) can resolve any misunderstanding.
Staples deserves a special mention as they have chosen to differentiate themselves by offering Easy Rebate, a program that makes the rebate process smoother. However, they seem to have less jaw-dropping deals as a result.
For a good blog with rebates, check out http://www.freeafterrebate.info/
Labels: rebates
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