For many Americans returning unwanted Christmas gifts can be the chance they were expecting to get that amazing shirt they were always seeing in the window of their favorite store but never could afford.
But returning the gifts can also be a complicated process considering the different return policies of different companies and adding to that the items purchased online which have totally different returning rules. So here is what you need to know:
– Be fast. Even if some retailers extend their return period for the holiday’s season the terms are coming fast, especially since the holidays aren’t yet over and with everything you have on your mind you could leave it on the last day, just as thousands of other persons. Luckily, Amazon changed their holiday policy to allow for items to be returned until the last day of January. Walmart allows returns until January 25 and Best Buy until January 15.
– Watch out for ‘special deals’. Some products might not be returnable at all while for others you might have to pay a returning fee – especially if your gift was bought online. You have to check with each retailer before finding yourself at their store with a non-returnable item.
For example Sears doesn’t accept returns for their Christmas season items; Amazon’s wine is not returnable; Best Buy won’t accept returns for cell phones bought with service plans, TJ Maxx won’t take back items bought at ‘finale sale’ and JC Penny charges up to $75 restocking fee for some furniture items.
– Don’t forget the receipts. You might not be able to return the unwanted gifts if the giver didn’t give you the receipt as some stores only accept returns with receipts. While some stores might not accept gifts without receipts at all, others are giving back only a part of the sum or repay you with store credit.
– Don’t rip the package if you’re not sure. Some stores won’t accept open gifts, especially when it’s music, video games, software or movies. Other stores might accept open packages but they might charge a value of up to 15 percent as a restocking fee.
– Don’t waste your gift cards. If you received a gift card to a store that you don’t like or if it’s too hard for you to get there don’t let it expire. You can find many online websites such as giftcards.com and cardpool.com where users trade-in their unwanted gift cards and trade it for a better one of even for money.
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