Prices on Amazon change millions of times per day.
When you buy something, odds are you’re not getting the lowest price.
Fortunately, if you use the right credit card, an amazing hack called “price protection” can get you a refund if you overpaid.
Here’s how it works:
If you buy an item using a credit card with price protection, and the price drops in the next 90 days, Trim will file a claim with your credit card company. Once it’s approved, you’ll get a check in the mail for the difference in price. Trim takes 25% of whatever we save you.
Yes, it’s actually just free money.
Remember, you need to have a credit card that offers the price protection benefit. Click here to see a list of eligible cards.
Check out this example of an Amazon price change.
One of our engineers, Will, recently bought some nice new Steve Madden Chukka Boots on Amazon. (Trust me, they look great.) He bought them for $48.
A few days later, the price dropped to $29.46. But then it skyrocketed, spiking to $73.05 a few days later.
Fortunately, Trim is able to file a claim when the price is at the lowest point.
How does “filing a claim” actually work?
It used to be a huge pain. You would need to collect all your receipts and proof of purchase with an eligible credit card. Next, you would have to call (and enjoy some hold music) in order to initiate a claim. Then you would have to mail or even fax all the necessary paperwork.
What we’ve done at Trim is to automate the entire process, so everything happens electronically. Once you sign up and connect your account with Trim, your only job is to cash the refund checks when they arrive at your door.
As with everything,”terms and restrictions apply!” Price protection policies usually don’t cover auto parts or accessories, food, clothing, rare collectibles, live animals (yes, they sell those on Amazon), travel, or digital downloads. But most everything else is covered.
If you don’t have a credit card with price protection already, you can get one here.