More often than not, because of very liberal return policies that we’re used to, we assume that we can return everything that we buy from a retail store – no questions asked, no hidden policies. Lately though, there have been changes and these are the things that we should watch out for:
- Re-stocking fees. When returning big ticket items or electronics some retailers will charge a fee if the box have been opened.
- Store credit only. Some retailers that used to give refunds now offer store credit only. Some stores offer the same if you are returning items without the receipt.
- Tracking returns. Some retailers ask for your driver’s license because they take down your license ID number to track the number of returns you make. Some stores require a manager’s approval before you can return a merchandise if you’ve made three returns without a receipt in a 45 day period.