Comments on: Tip #28: Use price-protection guarantees to always get the lowest price http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 21 Mar 2010 11:47:10 -0700 http://wordpress.org/?v=abc hourly 1 By: 30 Tips That Can Save Your Money This Month « Faith Style http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-122385 30 Tips That Can Save Your Money This Month « Faith Style Tue, 09 Mar 2010 06:51:37 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-122385 [...] Cleaning lady? DIY instead Tip #27: Use barriers to prevent yourself from spending money Tip #28: Use price-protection guarantees to always get the lowest price (travel, retail) Tip #29: Stop being a loser and spend money to save money Tip #30: How I’m [...] [...] Cleaning lady? DIY instead Tip #27: Use barriers to prevent yourself from spending money Tip #28: Use price-protection guarantees to always get the lowest price (travel, retail) Tip #29: Stop being a loser and spend money to save money Tip #30: How I’m [...]

]]> By: Ann B http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-85409 Ann B Thu, 01 Jan 2009 05:47:34 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-85409 Amex doesn't honor price protection any longer. I tried using it it in July of '08 (I am a platinum card holder) and they advised they no longer provide this service. i sent the agent to the website page which said they did - also her manager - and both indicated I was out of luck. So I'm not sure where Gizmodo is getting their information but unless Amex reinstated their policy, it's not available. Best wishes for a prosperous 2009! Amex doesn’t honor price protection any longer. I tried using it it in July of ‘08 (I am a platinum card holder) and they advised they no longer provide this service. i sent the agent to the website page which said they did – also her manager – and both indicated I was out of luck.

So I’m not sure where Gizmodo is getting their information but unless Amex reinstated their policy, it’s not available.

Best wishes for a prosperous 2009!

]]> By: Sean http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84794 Sean Tue, 23 Dec 2008 16:00:16 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84794 Now this post has great links and valuable resources. Thanks for the link to Price Protectr, that looks like a great service. Now this post has great links and valuable resources. Thanks for the link to Price Protectr, that looks like a great service.

]]> By: LizB http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84656 LizB Sun, 21 Dec 2008 17:48:33 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84656 As I read the terms and conditions, Orbitz only gives you a refund if another customer actually BOOKS the exact same itinerary as yours, with a lower price. Not just if it's available at a lower price. And they also have to book it with Orbitz! Think about how rare it is to see two people with the exact same itinerary-- how many of the people on your flight to Boston are also on your flight coming back? And how many of those booked their flight with Orbitz, instead of some other site or the airline itself? I don't know what the market share statistics are, but only 16% of flight bookings are made though independent travel websites, and that also includes Expedia, Hotwire, Travelocity, etc. Anyway, if you do the math, I think this is way more of a marketing trick than any real opportunity to guarantee the best prices. As I read the terms and conditions, Orbitz only gives you a refund if another customer actually BOOKS the exact same itinerary as yours, with a lower price. Not just if it’s available at a lower price. And they also have to book it with Orbitz!

Think about how rare it is to see two people with the exact same itinerary– how many of the people on your flight to Boston are also on your flight coming back? And how many of those booked their flight with Orbitz, instead of some other site or the airline itself? I don’t know what the market share statistics are, but only 16% of flight bookings are made though independent travel websites, and that also includes Expedia, Hotwire, Travelocity, etc.

Anyway, if you do the math, I think this is way more of a marketing trick than any real opportunity to guarantee the best prices.

]]> By: Sundi D. Hayes http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84425 Sundi D. Hayes Fri, 19 Dec 2008 14:45:10 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84425 There is a store in our area (Kohl's) that you don't even have to watch to see if something goes on sale. Within two weeks of your purchase if you take your receipt into customer service they'll pull up your items and the system tells them if any have gone on sale...they'll refund the difference. Some online companies aren't good about this. I purchased several items from Old Navy. The next day one of the items I purchased was marked down even less. I sent an email to customer service and they said if I purchase it when it was on sale and it went on sale for less they don't give you the difference...only if it was full price to begin with. There is a store in our area (Kohl’s) that you don’t even have to watch to see if something goes on sale. Within two weeks of your purchase if you take your receipt into customer service they’ll pull up your items and the system tells them if any have gone on sale…they’ll refund the difference.

Some online companies aren’t good about this. I purchased several items from Old Navy. The next day one of the items I purchased was marked down even less. I sent an email to customer service and they said if I purchase it when it was on sale and it went on sale for less they don’t give you the difference…only if it was full price to begin with.

]]> By: Todd http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84386 Todd Fri, 19 Dec 2008 06:54:34 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84386 On a very similar note, don't be afraid to take advantage of natural disaster related offers with regards to credit cards, etc. After Ike, I was able to defer my student loan payments (and all applicable finance charges/etc) until February 2009 and my payments/finance charges on one of my credit cards until March 2009. Because I live in a federal disaster area those deferments don't affect my credit rating, and I am able to apply the money that would normally go to those payments to more pressing needs (such as paying down higher interest rate credit cards etc). At worst, you can continue to make payments without accruing any finance charges - which can save you a lot of money depending on your current balances, etc. On a very similar note, don’t be afraid to take advantage of natural disaster related offers with regards to credit cards, etc.

After Ike, I was able to defer my student loan payments (and all applicable finance charges/etc) until February 2009 and my payments/finance charges on one of my credit cards until March 2009. Because I live in a federal disaster area those deferments don’t affect my credit rating, and I am able to apply the money that would normally go to those payments to more pressing needs (such as paying down higher interest rate credit cards etc). At worst, you can continue to make payments without accruing any finance charges – which can save you a lot of money depending on your current balances, etc.

]]> By: heather http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84373 heather Fri, 19 Dec 2008 04:42:54 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84373 Best Buy does this. We bought a tv for 1899 and found it for 1500 at sears a month later and went back to BB and they gave us 399 in cash. Best Buy does this. We bought a tv for 1899 and found it for 1500 at sears a month later and went back to BB and they gave us 399 in cash.

]]> By: caitlyn http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price/comment-page-1/#comment-84344 caitlyn Fri, 19 Dec 2008 00:23:23 +0000 http://www.iwillteachyoutoberich.com/blog/tip-28-use-price-protection-guarantees-to-always-get-the-lowest-price#comment-84344 Don't forget some clothing stores will honor a price adjustment if what you buy goes on sale up to two weeks after. I had a last minute formal holiday party to go to the other weekend. I was so pissed that I didn't have time to bargain shop-- I had to run out and get a dress to wear that day (I hadn't been to a formal event since prom). Anyway, after I had settled on a dress from Nordstrom I went found it on sale online-- 1/2 off! All I had to do was print out the page from their website and bring it into the store the following weekend and they refunded me the difference. Savings-- $100. Don’t forget some clothing stores will honor a price adjustment if what you buy goes on sale up to two weeks after.

I had a last minute formal holiday party to go to the other weekend. I was so pissed that I didn’t have time to bargain shop– I had to run out and get a dress to wear that day (I hadn’t been to a formal event since prom). Anyway, after I had settled on a dress from Nordstrom I went found it on sale online– 1/2 off! All I had to do was print out the page from their website and bring it into the store the following weekend and they refunded me the difference.

Savings– $100.

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