New Bill to Require Companies to Pay Rebates More Quickly

[allisolm]

Is this a federal bill or just CA state only?

California

SB 1154

 

[Ness]

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

 

[TheVrolok]

Still waiting on my rebate from Western Digital .. 3 months now maybe?

 

[Tom]

Originally posted by: Skoorb
I hate the hassel, but I agree with viper that this will greatly lessen the number of rebates that are available.

Iagrre. But even though I have played the rebate game for quite a while pretty successfully, basically I think it would be a good thing if it went away. The whole scheme has become a way to rip off consumers, to varying degrees.

 

[Ausm]

W0000t W0000t


Sysadmin

 

[EagleKeeper]

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

 

[TwiceOver]

Kinda funny I was checking my email this morning and received notice that Office Max had received my UPC and Rebate information and was forwarding the request onto the manufacturer.

I mailed that rebate on Dec. 18th, 2003. Something tells me I won't be seeing that $50.

 

[ReiAyanami]

oh dear, the end of rebates!!

 

[MillionaireNextDoor]

What's to stop retailers from raising prices to pay for their filling out the rebates themselves? They will do this but let's just hope it's less than nominal interest.

-MiND

 

[konichiwa]

Originally posted by: SunnyD

Originally posted by: mchammer187

Originally posted by: Viper GTS
If this goes through you can pretty much kiss rebates goodbye, they won't be profitable anymore.

Not that that is a bad thing, but some of the rebate whores in HD might object.

Viper GTS

I thought rebates were profitable because most people would not submit or they would go out of their way to reject rebates
not because of the long period of time after payout

Rebates are profitable whether submitted or not. Keep in mind that while you're waiting 4 months for your rebate to be processed - the company honoring the rebate is earning interest on your money every day they take before it's sent out.

That's true but at the same time they get like a 20% rate of consumers who actually send the rebate in. That wouldn't change if the period was 2 weeks instead of 6-8, it's still a hassle.

 

[waggy]

actually something like this would cause me to buy more on rebates. right now i dont bother buying something if it is on rebate. well its not the cause for me to buy that product.

but if this was for the whole US. i would buy based on the rebate.

 

[JoeKing]

Originally posted by: EagleKeeper

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

Are you kidding? California will see just as many rebates as the rest of the country after this law (hope it passes I hate those ads normally $120 NOW $70 and in small print.. after rebates). With its buying power and HUGE population, retailers and manufacturers won't risk alienating such a big customer base.

Is anyone from Delaware (one poster mentioned that state might already impose such a law) how does it affect the amount of rebates offered in your state?

 

[ucdbiendog]

FINALLY

 

[mchammer187]

Originally posted by: Joeyman

Originally posted by: EagleKeeper

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

Are you kidding? California will see just as many rebates as the rest of the country after this law (hope it passes I hate those ads normally $120 NOW $70 and in small print.. after rebates). With its buying power and HUGE population, retailers and manufacturers won't risk alienating such a big customer base.

Is anyone from Delaware (one poster mentioned that state might already impose such a law) how does it affect the amount of rebates offered in your state?

I live in DE but I dont even know if that statement is true

I do not know the last time i bought something that had a rebate from a store and not the manufacturerer though it was probably 6 months or greater

 

[Ness]

Originally posted by: mchammer187

Originally posted by: Joeyman

Originally posted by: EagleKeeper

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

Are you kidding? California will see just as many rebates as the rest of the country after this law (hope it passes I hate those ads normally $120 NOW $70 and in small print.. after rebates). With its buying power and HUGE population, retailers and manufacturers won't risk alienating such a big customer base.

Is anyone from Delaware (one poster mentioned that state might already impose such a law) how does it affect the amount of rebates offered in your state?

I live in DE but I dont even know if that statement is true

I do not know the last time i bought something that had a rebate from a store and not the manufacturerer though it was probably 6 months or greater

I double-check and it turns out that it is connectcuit that has these laws.

Yeah, I got into a big argument one time about the wording of the actual law. I summarized it for someone who didn't like reading "legal-mumbo jumbo" and another guy took it as me saying the law was BS or something... he basically just kept arguing everything I already said and somehow I started arguing about something different.. that's why I don't post when I'm dead tired anymore :-x

Basically, the law says a number of things. If there is rebate price advertised then that price must be given at the register.
If there is a mail in rebate, you legally DO NOT have to send the actual UPC in. It's worth a reading for you delaware folk. You guys might be in for a shopping spree at Best Buy and other retailers when you read it.

http://www.state.ct.us/dcp/Tips/Rebates.pdf (sorry for the PDF)

 

[SunnyD]

Originally posted by: ness1469

Originally posted by: mchammer187

Originally posted by: Joeyman

Originally posted by: EagleKeeper

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

Are you kidding? California will see just as many rebates as the rest of the country after this law (hope it passes I hate those ads normally $120 NOW $70 and in small print.. after rebates). With its buying power and HUGE population, retailers and manufacturers won't risk alienating such a big customer base.

Is anyone from Delaware (one poster mentioned that state might already impose such a law) how does it affect the amount of rebates offered in your state?

I live in DE but I dont even know if that statement is true

I do not know the last time i bought something that had a rebate from a store and not the manufacturerer though it was probably 6 months or greater

I double-check and it turns out that it is connectcuit that has these laws.

Yeah, I got into a big argument one time about the wording of the actual law. I summarized it for someone who didn't like reading "legal-mumbo jumbo" and another guy took it as me saying the law was BS or something... he basically just kept arguing everything I already said and somehow I started arguing about something different.. that's why I don't post when I'm dead tired anymore :-x

Basically, the law says a number of things. If there is rebate price advertised then that price must be given at the register.
If there is a mail in rebate, you legally DO NOT have to send the actual UPC in. It's worth a reading for you delaware folk. You guys might be in for a shopping spree at Best Buy and other retailers when you read it.

http://www.state.ct.us/dcp/Tips/Rebates.pdf (sorry for the PDF)

Your PDF to connecticut rebate tips say absolutely nothing of what you said.

It says, and I quote, "Be sure you're willing to comply with all the terms spelled out in the rebate offer". Nowhere does it say in that PDF that the rebate price must be honored at the register.

 

[Ness]

Originally posted by: SunnyD

Originally posted by: ness1469

Originally posted by: mchammer187

Originally posted by: Joeyman

Originally posted by: EagleKeeper

Originally posted by: ness1469

Originally posted by: allisolm
Is this a federal bill or just CA state only?

California

SB 1154

DOH!

rest of US = shafted!

Actually, it may be CA that gets shafted.

Companies will not offer rebates in CA because they will amount to an instant off at the register.
The rest of the country will not be affected.

What they actually need is a way to enforce the turn-around within 2 months.
1 month is not enough for the amount of paperwork handling that a company must go through. Invoices are very seldom electronic.

Are you kidding? California will see just as many rebates as the rest of the country after this law (hope it passes I hate those ads normally $120 NOW $70 and in small print.. after rebates). With its buying power and HUGE population, retailers and manufacturers won't risk alienating such a big customer base.

Is anyone from Delaware (one poster mentioned that state might already impose such a law) how does it affect the amount of rebates offered in your state?

I live in DE but I dont even know if that statement is true

I do not know the last time i bought something that had a rebate from a store and not the manufacturerer though it was probably 6 months or greater

I double-check and it turns out that it is connectcuit that has these laws.

Yeah, I got into a big argument one time about the wording of the actual law. I summarized it for someone who didn't like reading "legal-mumbo jumbo" and another guy took it as me saying the law was BS or something... he basically just kept arguing everything I already said and somehow I started arguing about something different.. that's why I don't post when I'm dead tired anymore :-x

Basically, the law says a number of things. If there is rebate price advertised then that price must be given at the register.
If there is a mail in rebate, you legally DO NOT have to send the actual UPC in. It's worth a reading for you delaware folk. You guys might be in for a shopping spree at Best Buy and other retailers when you read it.

http://www.state.ct.us/dcp/Tips/Rebates.pdf (sorry for the PDF)

Your PDF to connecticut rebate tips say absolutely nothing of what you said.

It says, and I quote, "Be sure you're willing to comply with all the terms spelled out in the rebate offer". Nowhere does it say in that PDF that the rebate price must be honored at the register.

how about scrolling to page two of the PDF. Specifically in the upper-right.

 

[rh71]

Yeah baby - dats what I'm talkin' bout.

 

[acemcmac]

Originally posted by: Lizardman

Originally posted by: ness1469

Originally posted by: IGBT
I wish they would pay em at the checkout counter and let the retailer fiddle with the coupons..especially a place like costco who has a membership requirement..

If you read the contents of the bill, this is doing that.

"The bill would require a rebate offered
directly by a retailer on a product the retailer sells to be
redeemed at the time of the product's purchase."


This means that everything would be like in.. I think it's Delaware, where if a retailer advertises a rebate, then they are required to give the rebate at time of purchase, no questions asked.

Oh really I didnt know that.

All of my B&M rebates come out of delaware purchaces I make in person. This is definitley NOT TRUE.