Rebates – Reward or Rip Off?

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In the last few years rebates have become an increasingly popular marketing tool for sellers and a method of favorable purchases for consumers.  Rebates of  $50 or even $100 became something common, especially for computers and electronics.

It is possible to find goods advertised as “free after rebate”. Do these rebates come under the heading of “too good to be true”? Probably some of them do and there are “catches” to watch for, but if you are careful they can help you get some really advantageous deals.

The manner a rebate works is that you pay the listed price for a good; then you mail in to the manufacturer a rebate form and the bar code of your purchase. Within several weeks you receive your refund thus reducing the price of what you paid for the item.

Rule #1. Rebates from reputable companies are commonly lucrative.

You may be absolutely sure you will get the promoted rebate from Best Buy, Wall Mart, Amazon or Dell, but you should probably not count on getting one from a seller you have not ever heard of. If you have readiness to purchase the product and the listed price and quality look fare, do not count on actually getting the refund.

Rule #2. Check rebate expiration dates. 

Very often the products stay on the shelves of a retailer after the date for sending in the rebate offer has expired, so check that date thoroughly.

Rule #3. Be sure you have all the forms demanded to file for the rebate before you leave the shop. 

Rebates almost always demand a form to be filled in, a receipt or invoice for the purchase and its bar code.

Rule #4. Back up your rebate claim.

Make copies of everything you send in to get your rebate including the bar code. The posted letters can be lost; if your claimed rebate is for $50, it is sensible to back up your rebate documentation.

 

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