How does a tire rebate work?
Tire rebates are offered by tire manufacturers as an incentive for customers to purchase their products. For tires, rebates are typically redeemed as a prepaid card or virtual card. Unlike a coupon or in-store deal, a tire rebate is granted after the purchase is made and proof of qualifications are met. Michelin Promo. Get up to $110* total savings via Visa® Reward Card1 or Visa® Virtual Account2 after online submission* with the purchase of four new select MICHELIN® passenger or light truck tires. MICHELIN® Defender®2 tires only.
What is a disadvantage of using a rebate?
Cons of Consumer Rebates Delayed Savings: Unlike instant rebates, consumer rebates require customers to wait for the rebate to be processed and received. Lower Impulse Purchases: Consumer rebates may not be as effective for impulse purchases, as the post-purchase redemption process may deter quick decisions. An instant rebate, or sometimes instant savings, is a marketing strategy or gimmick in which a product is either advertised at a specific price, or at a discounted price, where the discount is applied at the time of purchase.