Monday, October 13, 2008

Rebate 101

Rebates! Rebates! Rebates!

Here are some rebate tips that can be used for all rebates you submit:
  1. Read the rebate form thoroughly. Each form is unique. Some require UPC's others don't. Check what the rebate form requires you to send in and double check you are sending in the correct items. Check the dates that the purchases had to be made and check the date the rebate must be postmarked by. Make sure not to use use the product until you have read the rebate form and see its requirements.
  2. Write your personal information clearly on the form. Write everything with ink, not a pencil. Tip: All capital letters are easier to read.

  3. Make copies of all your information before you submit the rebate. That includes receipt, bar code/ UPC, rebate form and anything else required. One reason to photocopy the rebate form is because you have the contact info, in the case you do not receive rebate. It also states when you can expect your rebate check.

  4. Send in your receipt only if it is required. If not send a photocopy of the receipt. However many companies do require the original receipt if you are submitting it by mail.

  5. Submit rebates online if possible. Rebates submitted online are easier to submit, faster to process and you can check the status of it as often as you wish. Plus, the added benefit of saving a stamp ( we are the "coupon clippers" so why not save a stamp ?)

  6. Be organized with saving your submitted rebate info. I have a separate inbox folder in my email named "rebates" and all rebate pertinent email are saved in that folder. Periodically check your active rebates online to see their status. Have a calendar in sight where you can mark the "important dates" such as last day to claim your rebate etc.

  7. Remember send your rebates in on time! And claim them on time! (if they need to be claimed such as Rite Aid, Walgreen's etc). There are studies out there that say that about 50% of the people buying products with rebates either don't submit the rebate, don't submit it on time or properly or don't forget to claim it on time. I think that may be part of the reason why we see so many companies like Staples, Office Depot, Best Buy and others offering rebates as an incentive and then rely on the recent study of about half not submitting or claiming the rebate.

Keep in Mind: Rebates are a great savings tool if done properly!

1 comment:

Jennifer said...

Thanks for the great information on rebating. I always forget to send in the rebates. I've lost some good rebates on cellphones and cameras by not putting the due date on the calendar.

If you don't mind, I'd like to include a linkback to your site on my Sunday Check It Out at Frugally Correct, the sister site to The Frugal Housewife and I'll also mention it on the Frugal Housewife.

Keep up the good work and I'm subscribing to your RSS feed.


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