Q:

What percentage of rebates are actually paid?

A:

Quick Answer

According to About.com, anywhere from 40 to 60 percent of rebates do not get redeemed. A rebate is a popular promotional tool used by manufacturers. The goal of a rebate is to attract customers with a promise of money back after the purchase.

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What percentage of rebates are actually paid?
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Full Answer

In some cases, rebates do not get redeemed because customers fail to submit necessary receipts and paperwork after the purchase. This reason is common on small-ticket items. Some manufacturers set up lengthy, time-consuming and fast-expiring submission requirements on more expensive items that make it difficult for a customer to get the rebate, as unredeemed rebates preserve important cash for manufacturers. Consumers sometimes complain to the Better Business Bureau about unscrupulous rebate practices.

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