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Holiday Price Match Policies of Target, Walmart and Best Buy

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Target Shopping CartsLooking to save both time and money this holiday season? (I know, who isn’t?)

If you are in the habit of searching the ads every week and then stopping by several stores to buy the best deals for the kids’ presents, think again. Keep searching the ads, but then use the power of price matching to simplify your life. Only go to one store, but get the benefit of the sales offered at all of the other brick and mortar stores (and at some stores, online retailers) by using price matching.

Today, we’ll cover the regular and special holiday price matching policies of three of the largest retailers in the US. Hopefully, one of these policies can save you a bunch of money!

Target

General Policy: Bring in a local, brick and morter store’s ad in the same market region with a lower price for an identical item, and you will be able to buy the item at the competitor’s price, not the price Target has stated.

Reimbursement Policy: If you have already bought the item and see it on sale somewhere else, you can still benefit from the price match. Simply bring in your receipt along with the other store’s ad and get a refund for the price difference. (This must be done within 7 days of purchase.)

Online Store Competition Policy: Generally, Target will not price match with online stores such as Amazon. However, they are rolling out a new policy to match with online retailers between November 1st and December 16th. You are limited to one online price match per customers, and if the item is out of stock at Target or the online retailer, you will not be able to get a rain check or price match. Items are excluded between November 22nd – November 26th (Black Friday and Cyber Monday). For more details, go here.

Walmart

General Policy: Walmart will honor a local, brick and morter store’s price as long as the item is the same at both stores. They also offer to match prices others may find when using their store loyalty cards. Consumers do not need to bring in the competitor’s ad for the price match to be guaranteed.

Reimbursement Policy: Last year, Walmart announced from November 1st through December 24th they would price match any brick and mortar competitor’s price with a reimbursement of the difference if you find the item cheaper. However, as of this writing, no 2012 price matching policy has been announced.

Online Store Competition Policy: Currently, Walmart does not offer a price match policy for online retailers.

Best Buy

General Policy: Best Buy will match a brick and mortar local competitor’s price when you bring in the ad as proof of the lower price for the exact same item.

Reimbursement Policy: Best Buy offers a 30 day return and exchange window, and during this time, if you find the item you purchased for a lower price elsewhere, you can receive the difference in a reimbursement. You must bring in the ad and your receipt. This policy is not valid the week of Thanksgiving through Cyber Monday (the Monday immediately after Thanksgiving).

Online Store Competition Policy: Currently, Best Buy does not offer a price match policy for online retailers. (The only exception is their own site, BestBuy.com.)

Thus far, Walmart and Best Buy have not given in to the pressure to price match with the online giant, Amazon. They may be waiting to see how it works out for Target.

By knowing and utilizing these price match policies, you may be able to find yourself with some extra time and money, both precious commodities during the holiday season.

Do you use price matching to simplify your shopping, or do you prefer going from store to store?

(Photo: robh))

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3 Responses to “Holiday Price Match Policies of Target, Walmart and Best Buy”

  1. Walt says:

    This is a great topic. I believed this can help other people out there especially if they have to plan big amount items like furniture, appliances or gadgets. Yuletide season is around the corner and a lot of holiday price match policies are coming to town.

  2. Kris says:

    Best Buy is price matching online this holiday season. http://www.bestbuy.com/site/Payment-Pricing/Best-Buy-Price-Match-Guarantee/pcmcat204400050011.c?id=pcmcat204400050011

    “Is Best Buy currently running any tests or promotions under the Price Match Guarantee?
    Yes. Best Buy will match the new, identical, immediately available current pre-tax appliance and electronics hardware products price for these designated major retailers: Amazon.com, Apple.com, Bhphotovideo.com, Buy.com, Circuitcity.com, CompUSA.com, Crutchfield.com, Dell.com, hhgregg.com, hp.com, homedepot.com, lowes.com, newegg.com, officedepot.com, officemax.com, Sears.com, Staples.com, Target.com, Tigerdirect.com, and walmart.com. Appliance and electronics hardware products include audio hardware, video hardware, cameras, camcorders, desktop computers, notebook computers, e-Readers, tablets, TVs, MP3 players, small appliances, major appliances, gaming handheld devices and consoles. Best Buy will not price match accessories, during the return and exchange period or the online prices of third party vendors (Marketplace Vendors) on major retailer websites. Valid for purchases made between October 7, 2012 – November 17, 2012 and November 27, 2012 – December 24, 2012. Best Buy may amend these terms at any time. All other terms and conditions of the Best Buy Price Match Guarantee apply. See Store for details.”

  3. huskervolleyball1 says:

    I often price match at Wal-Mart for groceries. It saves a lot of gas!


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