Warning! Best Buy Charges a Restocking Fee

The next time you make a purchase from Best Buy it will behoove you to inquire about their restocking fee policy. Too bad I did not know about this before I purchased my laptop and software a couple of months ago. Personally, I was not always fond of Best Buy. I cannot place my finger on it but my “gut instinct” made me shop somewhere else before I would go to Best Buy. But that’s just me.

Apparently, the restocking fee varies from purchase to purchase. Check out this email that I received. It was verified on SNOPES.


Best Buy has some bad policies….

Normally, I would not share this with others, however, since this could happen to you or your friends, I decided to share it. If you purchase something from, Wal-Mart, Sam’s Club, JC Penny, Sears etc. and you return the item with the receipt they will give you your money back if you paid cash, or credit your account if paid by plastic. Well, I purchased a GPS for my car, a Tom Tom XL.S from ‘Best Buy’. They have a policy that it must be returned within 14 days for a refund!

So after 4 days I returned it in the original box with all the items in the box, with paper work and cords all wrapped in the plastic. Just as I received it, including the receipt. I explained to the lady at the return desk I did not like the way it could not find store names. The lady at the refund desk said, there is a 15% restock fee, for items returned. I said no one told me that. I said how much would that be. She said it goes by the price of the item. It will be $45.00 Dollars for you. I said, all your going to do is walk over and place it back on the shelf then charge me $45.00 of my money for restocking? She said that’s the store policy. I said if more people were aware of it they would not buy anything here! If I bought a $2000.00 computer or TV and returned it I would be charged $300.00 dollars restock fee? She said yes, 15%.

I said OK, just give me my money minus the restock fee. She said, since the item is over $200.00 dollars, she can’t give me my money back!!! Corporate has to and they will mail you a check in 7 to ten days.!! I said ‘WHAT?!’

It’s my money!! I paid in cash! I want to buy a different brand..Now I have to wait 7 to 10 days. She said well, our policy is on the back of your receipt. I said, do you read the front or back of your receipt? She said well, the front! I said so do I, I want to talk to the Manager!.

So the manager comes over, I explained everything to him, and he said, well, sir they should of told you about the policy when you got the item. I said, No one, has ever told me about the check refund or restock fee, whenever I bought items from computers to TVs from Best Buy. The only thing they ever discussed was the worthless extended warranty program. He said Well, I can give you corporate phone number.

I called corporate. The guy said, well, I’m not supposed to do this but I can give you a 45.00 dollar gift card and you can use it at Best Buy. I told him if I bought something and returned it, you would charge me a restock fee on the item and then send me a check for the remaining $3 dollars. You can keep your gift card, I’m never shopping in Best Buy ever again, and if I would of been smart, I would of charged the whole thing on my credit card! Then I would of canceled the transaction.

I would of gotten all my money back including your stupid fees! He didn’t say a word! I informed him that I was going to e-mail my friends and give them a heads up on this stores policy, as they don’t tell you about all the little caveats.

Pass this on. It may save your friends from having a bad experience of shopping at Best Buy.

Check out Best Buy’s online policy. Buy.com charges a restocking fee as well and you have 14 days to return your item. Remember that old saying: “Buyer Beware!”


  1. Thank you for the warning about Best Buy. Warning! Best Buy Charges A Restocking Fee!6-21-08. I had purchased a computer and other items for my granddaughter in March of this year 2008 from Best Buy. I also did not read the back of the receipt. After reading this blog, I pulled out my receipt and read the back and sure enough they do charge a restocking fee. Needless to say I will not be purchasing anything else from Best Buy in the future. I will do business else where.

  2. Yo Everybody!
    Valentines Day is within a few days and I want to order my wife something nice.
    Any ideas? Oh and does anyone know where I can order cheap bouquets ? I want to preorder flowers for her for starters.
    I was also planning on creating her a cd mix of all her favorite songs. Anyone have any free itunes codes? lol


  3. You could try 1-800-FLOWERS or your local florist. The CD is a good idea.

  4. Hey everyone!
    All of the current talks of the crash of the economy and loss of jobs has been driving most americans insane!
    I started looking online for some way to get help and found that the government gives free grants.
    What I would like to know is…. does anyone know what website I can find free online grant applications at?

    Thank You!


    How Much Does Beyonce Weigh

  5. Not sure where to find free online grant applications…Did you try the U.S. government’s website? They may have something on it.