Price protection is a benefit offered primarily by certain credit cards that reimburses you the difference if the price of an item you purchased drops within a few months. This perk has become less common and is now mostly available on a few obscure cards like the UBS Visa Infinite Card or some Capital One cards. For example, if you buy an item and its price drops shortly after the purchase, the credit card company may refund you the difference. It's important to check whether your specific card offers this benefit by reviewing the Guide to Benefits. If your card doesn't offer price protection, another option is to contact the retailer directly and request a refund for the price difference, especially if it's within the return window, as many retailers prefer this over processing a full return 1.