Sources familiar with the matter confirm that the new $1,000 Citi Price Rewind annual limit will only go into effect beginning January 1, 2019. Throughout 2018, the $2,500 limit will remain.
The new July 29th Citi rule limits us to $200 per claim (instead of $500) and $1,000 annually (instead of $2,500). Readers have been told conflicting things about whether the $1,000 is already in effect being that the benefit is based on the year and we are now holding in mid-year. We’ve been able to confirm that the $2,500 limit will remain throughout 2018; on January 1, 2019, the new $1,000 limit will go into effect.
The other change which lowered the maximum from $500 to $200 went into effect yesterday, July 29th.
Any idea if the Retrurn Protection limits are also going to be in affect until 2019 or are effective right now?
To answer my question. I just called Citi Benefits and they said the Return Protection is the same as the Price Protection in that the Annual Limit doesn’t change until next year. But the lower amount per item is in affect right now.
Any idea about exclusion of consumables?
Far as I know, all exclusions remain unchanged.
There is a new exclusion: The lower-priced item is offered through a warehouse club where the merchant requires a customer to pay a membership fee.
Which sucks because you can no longer use it at Costco
Exactly. The Citi Price Rewind was one of the reasons why I got the Costco Citi Card to begin with. I would purchase the item, and when shopping later and see the item marked down to clearance / .97-suffixed prices, I’d take a picture and do the price match.
The question is though – can price rewind’s from Costco still take place when matched outside of Costco (eg. Best Buy)?
Just wanted to be extra-clear: that means the $200 per item limit will also go into effect in 2019, right?
Basically, throughout 2018, it’ll be the old policy of $500 per item and $2,500 per account, right?
I don’t think we’ll know until someone actually triggers it and reports in. The reps have too many conflicting data points. Just need to see what the system allows at this point.
Nope. The $200 is already in effect. Let me try to make that clearer.
Thanks Chuck!
will the $1000 cap apply to newly applied card right away?
Hmm, good question. Not sure.