Price Drop Insurance !
Have you ever heard of Price Drop Insurance?
As it was just a couple of days ago when I first heard this term that had me going crazy as I never knew such a feature even existed. So let me explain what this means. Have you ever bought something and seen the price of the product Dip after some time, it may be a week or a month after your purchase but it definitely sucks to see the price drop. Fortunately, it seems there is a way to get your money back on the Discounted Item but only if you have paid for that Item with your CREDIT CARD. It seems it's a perk of some Credit Cards that allow you to get back the Discounted Price of the Item even if the price gets slashed. Now you also have to know that the Price Protection Feature isn't Automatic so you will have to report to the bank that the price of a certain product that you bought has decreased and only then the Transaction may get approved.
Personally, I never knew such a feature existed but now that I know I am actively searching for any Credit Cards in India that offer these Services but as of right now I did not find any. But rest assured I will keep on looking for this Price Protection Feature Credit Card as I have definitely gotten to one such point when the price of a certain product decreased in a month after my purchase and it definitely wasn't a small drop.
So Guys if you know about a Credit Card in India that offers such benefits then please do tell me as I need one.
I also never heard of this before but I think I will check it out if something like this is available so that this benefit can help me..
Greetings @arunava first time I hear of a system like the one you mention, sounds attractive but what will be the costs for benefits of a card with these features?
In exchange for what do they generate those opportunities and benefits?
Hey mate!
Woah woah, what kind of features is that! I have never heard of it either, but as good as it seems then for sure it's hard to find credit cards that offer this or maybe it's something new and still until it gets to be more popular?
Well I will search for something like that in my country too and see if I can find anything.
Thanks for sharing!