Credit Card Protection Polices

jaredseiders · 2013-10-22T19:44:53.000Z

I just noticed that some credit cards, at least my Discover card, offers price protection. Basically it's like a price match, but for up to 90 days after you purchase something. The credit card then reimburses you for the money, as long as the entire purchase for that item was put on your credit card. I will paste in Discover's explanation here: If you find a lower price on a recently purchased item at any store within 90 days of purchasing the item with your Discover card, you are automatically eligible for a reimbursement of the price difference up to $500. Do I have to pay a fee for Price Protection? No. However, the entire cost of the qualifying purchase must be charged to your Discover Card for coverage to apply. How do I start the claim process? Call 1-800-DISCOVER (1-800-347-2683) if you find a lower price on an item you purchased within 90 days. Anyhow, do you think this could be used to buy sets at full retail price at the Lego Store, and get VIP points. And then turn around and have them match a sale from a store like Walmart, EE, TRU, KMart, etc.? It seems it could be a sale in the future even..... I have never tried it, but was wondering if anyone had?