What’s worse than buying something online, then seeing the price drop? Being forced to pay the higher price, that’s what! But it doesn’t have to be that way. Amazon has a policy of granting price drop refunds if you contact them within seven days of your purchase, and they offer an Amazon Price Drop Refunds tool you can use to help ensure you get your money back. Here’s how it works! Let’s know about Amazon Price Drop Refund.
What’s an Amazon price drop?
One of Amazon’s many superpowers is its price matching policy, which allows you to request a refund for lower prices if you find a better deal. On their website, Amazon spells out how to get a refund for an item that has dropped in price between your purchase date and delivery date. To do so
- Go to Your Orders
- Locate your order
- Select Your Account at checkout
- Click on Contact Us.
From there, tell them that you would like to request a price adjustment and they will follow up with further instructions. Of course, make sure you have proof that another retailer has lowered its price before sending in your request. And don’t fret too much about being denied; Amazon will review all requests within 30 days of receiving them, sometimes only 7 days, and are quick to respond!
How to check if you’re eligible for a refund?
If you bought an item on Amazon and you see that it has gone down in price, then you may be eligible for a refund. You’ll want to make sure that: The price drop is permanent; The product is fulfilled by Amazon, and You haven’t purchased it from a third-party seller. If those conditions are met, check out Amazon’s Price Guarantee page, enter your order number, submit your claim and they will evaluate your request within 48 hours. Make sure to check prices every so often – especially around holidays – to ensure that you’re getting what you pay for!
When are refunds paid out?
Amazon price drops are a fact of life when you’re an Amazon shopper. If a product you bought goes on sale within 7 days of purchase, you may be able to get a refund for that difference if you inform Amazon within 24 hours. There is one caveat: Your item must be sold directly by Amazon. Otherwise, sorry—it doesn’t work.
What happens if I get more than one refund?
If you purchased multiple items as part of a single order and Amazon refunded a portion of your purchase price, we may apply that amount to another item in your order. If Amazon issues more than one refund for your original purchase, we will issue one credit to your Amazon account. You can use that credit to make future purchases on Amazon or request a check be sent to you via U.S. mail.
How do I know my refund has been received?
You can find out if your refund has been processed by viewing your Order Details on Amazon. If there are no Order Details for your item, then it likely hasn’t been processed yet, and you may have to wait up to 24 hours before you check again.
Conclusion
Most consumers are aware of Amazon’s price-matching policy, but most don’t know that you can get refunds for any deals gone bad. All you have to do is make a price drop claim within seven days of purchase and you could get your money back. It may not seem like much, but every little bit helps when it comes to saving.
F&Q
Does Amazon do price adjustments?
The short answer is yes, Amazon does do price adjustments, but several conditions must be met for a buyer to qualify for a refund. Whether you are planning on purchasing from Amazon or have already purchased something and noticed a price drop, you can file a claim to request your money back.
Can Amazon alert me when a price drops?
To be notified about price drops, create an alert within seven days of buying a product. Follow these steps:
- Go to Amazon’s Your Account page
- Scroll down to Purchase Alerts
- Click on Edit.
- Click on Add a new alert and choose any product for which you want to be alerted about future price drops.
How long do Amazon refunds take?
If you’re an Amazon Prime member, expect to see your refund within 48 hr after requesting it. If you’re not a Prime member and don’t get your refund within that time frame of 72hr You can simply go to their website and ask for their customer support.
How much does it cost?
It depends on what you purchased and when you purchased it. In many cases, a full refund is granted if you purchased within a 30-day window to a 7-day window before and after an Amazon price drop. After that period, refunds may be lessened or not given at all.
