Demystifying Price Adjustment Policy: A Comprehensive Guide

The price protection policy, a widely available but often overlooked benefit provided by the majority of credit card companies, enables cardholders to claim a reimbursement if an item purchased with their credit card experiences a reduction in price within a specific timeframe. This timeframe typically ranges from 30 to 60 days, although certain cards extend the window to 90 days for filing claims. This policy offers consumers a safeguard against sudden drops in the price of their purchases, providing them with a valuable financial safety net.