Rebates - Benefit Or A Rip Off?

Rebates have become more and more popular in the last few years on a lot of products and definitely on electronic appliances and computer systems. Rebates of $20, $50 or $100 typically are not uncommon.

I've even seen items advertised as "free after rebate". Do these rebates appear under the heading of "too good to be true"? A few of them do and there are "drawbacks" to look out for but if you are watchful, rebates may help you get some really good deals.

The way a rebate works is that you pay out the listed price for an item then mail in an application form and the bar code to the vendor and they send you a rebate thus cutting down the amount of what you paid for the item except with a time delay of several weeks.

Rule #1. Rebates from reputable companies are usually fine.

You can be pretty sure you will get the guaranteed rebate from Best Buy, Amazon or Dell but you should most likely not count on receiving one from a brand name you've not at all heard of. If you really want the product and are OK with paying the price listed then buy it but don't count on actually getting the reimbursement.

Rule #2. Check rebate expiration dates.

Too often merchandise will stay on the shelves of a store after the date for submitting in the rebate offer has expired so check that date carefully.

Rule #3. Be sure you have all the forms required to apply for the rebate before you leave the store.

Rebates will almost always need a form to be filled out, a receipt for the money spent and a bar code.

Rule #4. Backup your discount claim.

Make copies of all the things you send in to get your rebate including the bar code. Stuff gets lost in the mail all the time and if the rebate is for $50 it's well worth the trouble to backup your claim.

In sum, the above info is extremely useful on informing you how to wisely invest your funds while securing your expected financial return. To take your finances to the next level, invest in something more lucrative, search listings under "going public", "merger company" or "merger companies" and turn to a pro.

Rebates - Benefit Or A Rip Off?
Rebates have become increasingly popular in the last few years on a lot of items and certainly on electronic items and computers.

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