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Best Buy nixes restocking fees

Sean Hollister

With just five days left for Christmas shopping, Best Buy has enacted a most welcome plan to get you in the door -- effective immediately, it's abolished the infamous 15 percent restocking fee that the company traditionally charged for a wide variety of product returns. The Consumerist reports that computers, tablets, projectors, camcorders, digital cameras, radar detectors, GPS units, in-car video systems and audio equipment will no longer carry the fee, and that iPhones (which incurred a 10 percent restocking fee) are exempt as well. Only special orders will still carry the charge. What's more, the company will allegedly refund any such fees charged since November 17th. Bravo!

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