INDIANAPOLIS (WISH) — If you opened a gift you didn’t like this year and plan to return it, you’re not alone. According to a survey from Oracle, 77{342d4ff9325a28dcb7f2c75b24c2a469a7c28c0aebd22d83bf56550a2655925a} of consumers said they will return at least some of their gifts this holiday season.
Returns have become some popular this time of year, UPS actually named a day in January “National Return Day.”
Returns are expected to peak this holiday season on Jan. 2 at 1.9 million. That is a 26{342d4ff9325a28dcb7f2c75b24c2a469a7c28c0aebd22d83bf56550a2655925a} increase from last year.
There are three important things to remember if you plan to make a return:
- Keep the item in its original packaging
- Bring your ID
- Bring the receipt
Most stores usually give you 30 days to make a return. Some are more generous and have a 60- or 90-day policy.
It’s also important to remember some stores only refund the price of the item at the time of the refund.
This means if you bought something for $100 in November and it’s marked down to $50 in January when you make the return, you may only be refunded the lower price.
(Photo by Mirko Popadic/Thinkstock.)
