September 11, 2019
Link to website: https://www.motusbank.ca/Ways-to-bank/Price-Drop?ip_name=pricedrop&ip_pos=splashpd&ip_cr=splash
motusbank seems to have rolled out a service for its customers to check receipts against prices from over 150 popular retailers every day for as long as the receipt allows.
Here’s the insider info:
We don’t price match everything – gas, groceries, and entertainment aren’t eligible, for example.
Get in the habit of submitting your receipts all the time. Take a photo when you get them or forward email receipts right to the price drop mailbox.
You can use Price Drop with purchases made with cash, debit, and credit - even with non-motusbank cards!
Be patient! On average, we’ll find you a better price 25% of the time – and some people have received up to $500 on a single item! So don’t give up if you don’t see price matches right away.
List of Retailers:
How to use Price Drop:
Step 1: Tell us what you bought
Snap a pic of your receipt using the motusbank app. You can also forward online receipts to firstname.lastname@example.org if you’ve shared your email with us in Price Drop Settings.
Step 2: We search for a better deal
We use your receipts to search for better prices on stuff you’ve bought – like tech, furniture, toys, clothes, and other eligible items from price-matching retailers.
Step 3: You save money
If we find a better price, we’ll email you or send an in-app notification. We’ll also provide the proof you need to get your money back from the retailer for the difference in cost. For online receipts, we’ll claim the refund from the retailer on your behalf whenever possible – you won’t have to lift a finger!
Curious if anyone has tried using this feature yet?
Please write your comments in the forum.