Home » Festive Purchases – Why Should You Use a Card to Pay For Your Christmas Presents?
A shopping spree is underway with the buildup towards Black Friday and Christmas. The retailers are planning to encash on this opportunity, and hence it is of paramount importance for you to know your purchasing basics.
When you decide to purchase a particular product, online or offline, it is crucial to understand the return policies. Knowing the time duration for the return as well as the policies is vital.
The most vital point that you should keep in mind is to get an idea of what you are looking for to avoid any Christmas scam. This article highlights a few key aspects that you should keep in mind before spending any money during this Christmas.
If a particular outlet or online store does not allow payment via credit or debit card, it is advisable to shop somewhere else. The reason for using such methods of payment is they bring along a trust and protection quotient.
If anything goes haywire with your debit card, you can make a chargeback claim within 126 days of purchase. Section 75 claim can give similar benefits for the great cards.
What is a chargeback? A dispute redressal mechanism happens via a chargeback. It is a tool to safeguard the cardholder in case of any fraud, denial of service, or dispute that may arise from a transaction. The cardholder can claim the money back based on the particular bank’s policies where they have an account.
The period to file a chargeback request can vary from one financial institution to another and is typically in the range of 45 to 120 days.
Know Your Exchange Rights
In general, you do not have any right to return the goods once purchased from a store just because of a change of mind. However, online stores allow the return of purchase items within a stipulated time after delivery.
You should carefully go through such instructions mentioned on the product page that you are opting to buy. Certain products often have no replacement policy, and you cannot seek any refund for the same. Although it is worth mentioning that the e-commerce companies issue a fresh product if you have any concerns relating to quality.
Is There a Delivery Guarantee During Festivals?
Every year consumers face a lot of problems due to this aspect. Therefore, it is advisable not to consider anything on the face value and take deliveries for granted. You should specifically ask about the deliveries once you are through with your Christmas purchase.
It is crucial to understand whether your Christmas purchases will arrive on time before the start of the festivities. If you opt to purchase any product custom-built from a physical store, it is better to get a confirmation in writing. The e-commerce sites generally mention a delivery date, and you should make sure to refer to the same before going through with your payments.
It may happen that the gift you give to someone does not like it. In such cases, a receipt with the price of the goods price left blank accompanies the gift. The idea behind this is that the recipient of your gift has an option to return it if they face any issue or do not like it.
It is crucial to note that not all retailers will allow such a receipt to pass among their customers. However, it is worth inquiring as it is common nowadays for people to put forth their views for a gift they receive.
The number of people getting scammed during the Christmas shopping days is comparatively higher than the rest of the year. Therefore, you need to be aware of the known methods of scamming.
Fraudsters pursue various avenues to scam the shoppers during the festivities. Taking money through fake online product stores is prevalent and has led many people to lose their valuable money. It is vital to the vigilant while purchasing any product on such sites as they can steal your data too.
These scammers are also notoriously famous for flooding the market with their counterfeit or fake products during Christmas. Hence, choosing to buy from an unknown source increases the chance of falling prey to a scam.
To summarise, this article highlights some of the aspects of Christmas shopping precautionary measures. However, it is always advisable to be vigilant while making any transactions. Also, you can take up any additional measure that you deem fit.