The New York State Consumer Protection Board  is alerting consumers to a new state law that provides important information about manufacturers and retailers rebate offers.

The New York State Consumer Protection Board  is alerting consumers to a new state law that provides important information about manufacturers and retailers rebate offers.
The law requires any entity that offers rebates to conspicuously disclose to consumers:
·    If the rebate will be issued in a form other than cash or a check, including but not limited to credit, credit towards a future purchase, gift certificate, gift card, general use prepaid card or any other form of compensation, and
·    If any additional fees related to the exercise or the non-exercise of the rebate may apply.
The measure also requires any retailer advertising a rebate to clearly show if the rebate will be issued to the consumer in a form other than cash or a check.
"Consumers are entitled to know the terms of a rebate before they decide whether to purchase a product," said Mindy A. Bockstein, the CPB's Chairperson and Executive Director.
In recent years, rebate offers have become an increasingly popular way for businesses to attract customers, who use the opportunity to save money on items they wish to buy.  
However, manufacturers and retailers, which offer rebates, do not always make the terms of the rebate clear to consumers at the point of sale.
While consumers usually think the rebate will be in the form of a check, some rebates are actually credits toward the purchase of another product.
If the rebate is provided in the form of a pre-paid card to make the extra purchase, consumers can face undisclosed fees for activation, checking of balances, and account maintenance for periods of inactivity.
For more information about rebates offers and other consumer topics, visit  or call the CPB toll-free at 1-800-697-1220.