Here is a thing which you may not be mindful of ; many credit cards provide a feature called price protection. The precise details vary by Issuer however the general idea is after you have a purchase, for any specific and limited time period as much as 50 or perhaps 80 days counting on which card issuer you opt for ), your charge card company will refund the difference in case your purchase drops in price. Very few individuals take benefit of this feature because
a ) they probably don’t know about the feature exists and
b ) nobody has time for them to constantly monitor price changes.
Let’s begin by tackling issue #1
Our friends at CardRatings have compiled a listing of credit cards that provide price protection so go here to determine whether your card offers this feature. And in case you don’t possess a card that offers price protection you may wish to look into the Chase Freedom card.
What‘s the Chase Freedom card?
Chase Freedom offers price protection along with 5% cash back on select categories. From now until Sept 30th you will get 5% cash back on purchases made at restaurants along with purchases made at wholesale clubs like Costco. So that you could sleep easy truly understanding that you’re getting 5% cash back in your toilet paper purchases, and when the price drops, you’re covered ! And should that wasn’t good enough, on October 1st the 5% cash back category “switches” to Holiday Shopping, and though the precise details Haven‘t been released, price protection coupled with 5% cash back is really a pretty enticing start to minimize holiday shopping buyer’s remorse. Basically, the Chase Freedom has you covered.
Once have the ear of a card that offers price protection how will you purchase the feature? Enter Paribus. Paribus is definitely an app that could detect the receipts with your mailbox and track your purchases and monitor price drops, missed coupons and price match opportunities to save lots of you money. In case a price drops, Paribus will check it against the issuer’s policies and contact their customer service in your behalf to help you get paid.
A card that offers price protection coupled using the Paribus app can definitely save people a few bucks. Once you‘re in the know, leave a comment inside the space below if the worked for you personally and allow us to understand how much money you saved.