Back in March, Best Buy and Target upped their game and decided to start matching the prices from online retailers such as Amazon. That's a pretty sweet deal overall, you should know about the caveats before you rush to your local store in hopes of a deal.
Target's price matching works like you'd hope: if you find a lower price before you go in you get a discount, but if you realize you overpaid during the following week you can go back and get a discount. At Best Buy, you have to know about the better price prior to purchasing any given item. Does this make sense? Not really, seeing as Best Buy doesn't charge a restocking fee for returns. If you wanted to, you could return the item and then re-purchase it with the discount.
Although Target offers more flexibility with the timeframe, the number of retailers they're willing to acknowledge is pretty slim. They'll only match lower prices on Target.com (yes, they undercut themselves a lot), Amazon.com, Walmart.com, BestBuy.com, ToysRUs.com, and BabiesRUs.com. Best Buy, on the other hand, matches 19 online retailers: Amazon.com, Apple.com, Bhphotovideo.com, Buy.com, Crutchfield.com, Dell.com, Frys.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.
Both Target and Best Buy also have a few other caveats. You can't price match an unlimited number of identical items, as both stores limit you to just one. Both stores have their own paragraph-long list of exclusions, too, which cover mobile phones, service plans, and a variety of other things. If you want to learn more about these restrictions and other rules, check out the online price matching policies from their respective stores.
Target Low Price Promise and Best Buy Low Price Guarantee
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