Ask the Readers: Are Rebates Worth It? (Your Chance to win $10!)
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Comment #16 I don't bother Submitted by Heather on November 24, 2009 - 16:15. Rebates are just a way to sucker people out of money. Only a few places will actually get the rebate back to you, if you actually remember to send in the rebate information in the first place. Typically, I don't bother. I'd rather find a real deal with less hoops to jump through elsewhere.
@callkathy Are Rebates worth it? Not really, IMHO. Never seem to get money back from them.
I used to love refunding (also known as rebating). Getting something for free (even after having to wait weeks to get my funds) was a rush. I would use a combination of Walgreens rebates, office supply store rebates, and home improvement chain rebates to get an assortment of much-needed (but not budgeted for) items for our home. Software, power strips, weather-stripping, shampoo, and cold medicine were eventually obtained for little to nothing, provided I could fork out the 39cents for a stamp and bide my time.
Some haven't been so thrilled with the hobby, however. Reports of refund clearing houses going out of business, refunds being lost or misdirected, and the hard fact that many were putting purchases on their credit cards while they waited for their refunds made the practice an exercise in loss, not frugality. And while there are most definitely steps you can take to ensure you get your rebate, there is a certain element of risk involved.
Do you rebate? Are you smart about it? Do you buy stuff you don't even want or need so that you can eventually recoup all your money? Or do you avoid the practice altogether. We want to hear your thoughts on the topic. If you're lucky, you'll be one of two winners we randomly select to get a $10 Amazon gift card. Dozens have already won!
Win a $10 Amazon Gift Certificate
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