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We’re now within 90 days of the 2017 Black Friday (Nov. 24) and Cyber Monday (Nov. 27). For many of us who shop using credit cards, that means we’re also within the time frame in which we can request a price-difference refund on purchases we make.

This little-known credit card perk will save your holidays

Kids aren’t the only ones going back to school – it’s time for you to grab a pen and paper and do some math. What’s 30 + 31 + 24?

Answer: Your new money saver.

We’re now within 90 days of the 2017 Black Friday (Nov. 24) and Cyber Monday (Nov. 27). For many of us who shop using credit cards, that means we’re also within the time frame in which we can usually request a price-difference refund on purchases we make.

Wait – what?! Yup, that’s the same reaction I had last year. It turns out, many credit cards offer some sort of “price protection” for a window of time after making a purchase. It’s a little-known benefit that numerous credit cards offer, but few shoppers actually use. Of course, you’ll need to read the fine print on your specific credit card, but most allow typical household goods, clothing, toys, etc. to be included, and it usually covers a whopping 90 days after you buy the item.

How does it work? Let’s say your husband has hinted for a new TV, but you want to wait for the holiday sales. However, you agree that it would be nice to have a bigger screen to watch Jimmy Graham make another how-did-he-catch-that play. You two go shopping and pick up a TV for $599 in September. Almost three months later, you notice that same TV is being advertised for a jaw-dropping $499. You grimace at your now-used TV and think of all the things you could have bought with that extra 100 bucks.

But wait –your credit card has a 90-day price-match policy. You grab your phone, do some digging, find the original receipt and produce a screen capture of the current price. Just like that, five minutes of work results in a nice little refund.

Armed with this information, last year I decided to check seven names off my list before the holidays got hectic. I made sure to keep any receipts, be it an email confirmation or actual physical piece of paper. I purchased numerous toys at the Disney store, then headed over to Abercrombie and bought what are sure to be perfume-soaked clothes for my teenage niece. Now the question is – do I ship directly to her house, or receive the package at home, have a whiff down memory lane, and package up to send over during the holidays?

Definitely option B. I can't wait to bask in the smell of year 2001.

Want more money-saving tips? Check out articles, self-guided courses or sign up for a free webinar.

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