Are you aware that some Canadian big box and grocery stores have a Price adjustment policy?
If you are then you know about the great savings you can pocket if you keep your eyes and ears open. If you aren’t aware read on and learn how you to keep money in your pocket.
We all know about returning products as I’m sure we have all done it at some point in our life. Once you have finalized a buy it is now your product. Most stores offer a return policy for unopened, unused or defective product. On a cautionary note be aware of a possible restocking fee. Typically stores have anywhere from 30-90 days for a return policy.
What is a Price Adjustment Policy?
What most people don’t know is the Price Adjustment Policy for most stores.
If you buy a product and the exact product goes on sale cheaper than what you purchased it for then you can get a price adjustment. Keep in mind the price adjustment policy time frame. This is why it is imperative to always keep your receipts. You can take the original receipt to customer service and ask for a price adjustment.
A price adjustment is the difference of what you paid for the product compared to the price it is on sale for. For example, if you buy a BBQ for $799.00 and next week it went on sale for $399.00 you would get a price adjustment for $400.
Typically when you ask for a price adjustment they will refund the difference in whichever tender you purchased the product. An example would be, if you paid by credit card the price adjustment will go back on the same credit card.
Price adjustment policy terms vary from store to store so the easiest way to find out is to call the store. Some stores such as Wal-Mart and Zellers offer a price adjustment policy as does Canadian Tire. You may even find this at certain grocery stores. Some Canadian Budget Binder fans came forward to say they have used the Price Adjustment Policy at the following stores but like I mentioned I would call them to verify prior to heading into the store.
- Real Canadian Superstore
- Future Shop
- Toys R Us
- The Gap
- Old Navy
- Reitmans, Penningtons, Smart Set, Thyme, Cassis, RW&Co, Addition-Elle
- The Source
- Giant Tiger
- Shoppers Drug Mart
Why is the Price Adjustment Policy in place?
This extended price policy as I like to call it is a good gesture in hopes of retaining customers who might be unhappy. Don’t be a scammer though as it costs the company time and money. I’ve heard of people who have gotten upset so they buy the product at the cheaper price and use the original receipt to return the first product. I’m just happy the retailer is thinking about the consumer’s pocket-book even a small gesture like this.
What did we have price adjustments on?
In 2011 we saved over $300 in price adjustments just by watching the weekly prices in the flyers. One of our best price adjustments was a Swordfish UV Filter System which we paid $157.99 plus tax then it went on sale for $89.99 plus tax the following week.
So there you have it, saving more money in the budget!
What is the best price adjustment you have ever received?
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