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Citi has announced a coming negative change on its Price Rewind price protection benefit. Starting July 29th, Price Rewind claims will be limited to $200 per claim, up to a maximum of $1000 per year. That’s a sizable drop from the current benefit.
As a reminder, the current benefit for claims before July 29th, 2018 is much more generous, at $500 per claim, up to $2,500 per year.
Moving forward, you’ll still have 60 days to make a claim, but the limits will be the lowest among the price protection policies of the major issuers. The current policy is quite generous — but remember the July 29th cutoff for larger claims.
H/T: Doctor of Credit
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There were a lot of hoops to jump thru just to get a $70 claim paid when my sneakers went on sale. I’d hate to try and get anything above $200 reimbursed even before July 29th.