If you get a spare second today, you may want to check your Amazon account. There’s a good chance you’ve got some money waiting for you, courtesy of Apple.
Back in 2014, a federal court approved an antitrust settlement brought against the tech company over the price-fixing of e-books. The settlement stipulated Apple pay out $400 million to customers — and, just this March, the Supreme Court rejected Apple’s appeal. So now they’re paying out.
Who’s Getting a Rebate?
The settlement resulted in credits for qualifying Kindle books purchased between April 1, 2010 and May 21, 2012. They’re available as of today and expire June 24, 2017. Per an email Amazon is sending out to customers receiving a rebate:
You don’t have to do anything to claim your credit, we have already added it to your Amazon account. We will automatically apply your available credit to your purchase of qualifying items through Amazon, an Amazon device or an Amazon app. The credit applied to your purchase will appear as a gift card in your order summary and in your account history. In order to spend your credit, please visit the Kindle bookstore or Amazon. If your account does not reflect this credit, please contact Amazon customer service.
According to a press release from consumer-rights class-action law firm Hagens Berman Sobol Shapiro LLP, consumers are receiving a $6.93 credit for every e-book which was a New York Times bestseller, and a $1.57 credit for other e-books.
Amazon has a FAQ sheet on its website that provides more details. Per the FAQ, the credits can be put toward any item purchased through Amazon.com, except Amazon gift cards or certain subscriptions.
It’s been a big month for consumer rebates. Just last week, Ticketmaster started depositing free ticket vouchers and discount codes into customer accounts, also as part of a class action settlement.
Credits for e-books or concert tickets may not solve any of your money woes or debt issues, but, hey, at least that’s one less purchase you’ll be inclined to charge to your credit cards. (You can see how your current credit card balances are affecting your credit by viewing your two free credit scores, updated each month, for free on Credit.com.)
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