In this time of extreme couponers, rebates are enjoying a boost in popularity as well. They are a great way to save money on products, especially big ticket items like hot tubs, cars, swimming pools, motorcycles, and pool tables. A rebate is an amount that is paid to the consumer through refund, return, or reduction on the full or discounted price that has already been paid for the item. By taking advantage of them you can save money, even on top of coupons. Here are some tips for making the most of your rebates.

Do your Homework

Research rebates online before you shop. Look for manufacturer or factory rebates on items you are planning to purchase then read the terms carefully. Ensure that you know exactly what you need (receipts, special purchases, etc.) and what you need to do to ensure that your rebate is qualified.

Check the Expiration

This simple step is often overlooked, leading to disappointed rebaters. Don’t let it happen to you: make checking the expiration on your rebates a priority. Do it before you even read the fine print.

Organize

Organization is key to successful rebating. Develop a filing system so you can keep your rebate coupons, sales receipts, and other required documentation in one place. Before you send in your rebate and material, photocopy everything and keep good records including the mail date.

Don’t Wait

Don’t sit on your rebate. The longer you wait to send it in after you have met all the requirements, the more likely you are to miss the deadline. As soon as you have everything you need, do the paperwork, make the copies and get it in the mail.

Stack your Deals

You can optimize your savings by stacking your deals. Combine a coupon or a great sale price with your rebate. If you can combine all three of these, you can really make out like a bandit. There are many coupon sites online, and manufacturers will often offer coupons – so make sure you include finding coupons and sales as part of your homework.

Try Price Matching

Many retailers offer price matching. This means that a store will honor a competitor’s sales flyer if the sales price is cheaper. The items must be identical, the flyer must be current and you usually have to present the flyer at the time of purchase. Check with your favorite stores to see if they do price matching and you can stack it with rebates and even coupons.

Negotiate for a Better Deal

Did you know that the sales clerks you talk to at many retail establishments have the authority to give you a discount on most items? Even chain stores for clothing, home furnishing, pool supplies, home improvement and more authorize the people on their sales floor to “sweeten the deal” by extending discounts. Supervisors and managers are often authorized to offer larger discounts. So before you pay the sticker price on anything, ask about getting a better deal. Chances are, the answer will be yes. (And the worst that can happen is a “no.”)

Mail and Track

Once you have everything in order, make your rebate. For a few cents extra, you can include tracking to ensure that it reaches its destination. Adding tracking is a good extra measure to keep you organized and effectively tracks your rebate’s path.

Everyone is trying to save money these days. Fortunately, it is easier than ever to do so – if you know how to play the game. Add rebates to your couponing and deal seeking then watch your savings soar!