Skip to content

How to Save Even More on Prime Day With Credit Card Price Protection

July 16, 2018
3 min read
How to Save Even More on Prime Day With Credit Card Price Protection
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Amazon Prime Day is in full swing, featuring great deals on items for frequent travelers and tablets for as little as $30. TPG readers should make sure they're maximizing their Prime Day purchases by using the right credit card.

Another way to take advantage of Prime Day is through your credit card's price protection benefits. Amazon used to offer this perk itself, but killed it in 2016 after a slew of apps automated the process making it incredibly easy to file claims and save money. But even if you're not purchasing anything through Prime Day, you can lock in the discounted prices if you have a card that offers price protection.

Generally, price protection works like so: You make a purchase with your card and then find that the price has dropped shortly after you completed the transaction. If the price falls within a certain time frame, usually 60-120 days after the initial purchase, your card's issuer will refund the difference between the two prices.

If you've purchased an item within the period covered by your card's price protection policy, then you can track prices today and tomorrow (Prime Day ends Tuesday at 11:59pm PT/Wednesday at 2:59am ET), see if Amazon is offering a discount on the item, screenshot the item at a lower price and then a submit a price protection claim with your bank. Final step: Enjoy your cash back!

If you don't want to manually track and submit a price protection claim, Earny can do it for you. Earny scans your emails and will automatically submit a price protection claim on your behalf.

Citi Price Rewind may come in handy too since it automates the process, although the program was recently devalued and may not apply in the case of Prime Day since it now excludes claims "offered through a warehouse club where the merchant requires customers to pay a membership fee” (you have to be a Prime member to get access to Prime Day deals).

Sign up for our daily newsletter

A number of stores like Bed Bath & Beyond, J.C. Penney and Home are offering to match Amazon's Prime Day prices on select items, USA Today reports. This can be a great option for shoppers who aren't Prime members.

You can read more on price protection here:

Top offers from our partners

How we chose these cards

Our points-obsessed staff uses a plethora of credit cards on a daily basis. If anyone on our team wouldn’t recommend it to a friend or a family member, we wouldn’t recommend it on The Points Guy either. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners.
See all best card offers