Does Amazon.com Owe You Money?

Most Amazon.com customers don't know it (I had no idea!), but if they buy an item and then the price drops within 30 days, they can ask Amazon to refund the difference. So if you buy a CD for $12.99 and 2 weeks later, you see the price has changed to $10.99, Amazon will give you the $2. And if 2 weeks later you see it's dropped further to $9.99, you just request another refund and you'll get the other $1. No questions asked!

So any time you make purchase at Amazon, it's a good idea to create a reminder for yourself to check the price and see if it drops. Or you can use a service that will monitor the price for you, and email you if it goes down. I found a couple that will do it for you -- RefundPlease.com and AmazonPriceWatch. Both services are free, but I haven't used them so I don't know how well the work. Maybe the best way to go is to register the purchase with both services and put a reminder on your calendar. At least until you've done it a few times to see which way works best.

Thanks to everybody at Blueprint for Financial Prosperity for this great bit of info!