Amazon and FedEx Tariff Refunds: What You Need to Know

Amazon and FedEx have each received millions in tariff refunds. Now, some of that money may end up in your bank account.

But not everyone will qualify. And the two companies are handling refunds differently.

FedEx customers can check their status now through an online portal. Amazon shoppers must wait to see whether the company contacts them.

Why are companies getting tariff refunds?

The Supreme Court struck down many of President Donald Trump’s tariffs on Feb. 20. The government then began returning eligible tariff payments to companies.

Tariffs are taxes on imported goods, and companies may pass those costs to shoppers through higher prices.

Amazon and FedEx have received large refunds. It is not yet clear how much of that cash will come to you.

What Amazon customers should know

Amazon received about $600 million in tariff refunds in the second quarter, Chief Financial Officer Brian Olsavsky said during Amazon’s latest earnings call.

He said the company would issue refunds in a “limited set of circumstances where we can trace that we passed specific import charges on to customers.”

Amazon said it would contact customers who qualify for an automatic refund and “automatically issue refunds to them. Otherwise, like other large retailers, we’ll utilize refunds to continue to invest in low prices for customers,” Olsavsky said during the call.

Amazon has not said which purchases will qualify. It also has not said how much shoppers may receive or when the payments will begin.

What FedEx customers should do

FedEx said in its June financial report that it was holding about $800 million in tariff refunds for customers.

The company has created an online portal where customers can check whether they are eligible, view refund details and track the process.

In an Aug. 3 report, Gizmodo said that FedEx is prioritizing customers who register through the portal.

Customers should go directly to FedEx’s official website rather than clicking a refund link in an unexpected email or text.

FedEx customers can enter tracking or entry numbers in the portal to see whether FedEx has received a refund for a shipment. If it has, the portal shows the refund amount, including principal and interest, and the date FedEx received it.

How much money could you get back?

The answer is unclear.

Amazon has not released an average refund amount. FedEx says customers can use its portal to view details for their eligible shipments.

A company receiving a large government refund does not mean each shopper will receive a large payment. The company must first connect the tariff charge to a specific order or shipment and determine who paid it.

Next steps for consumers

FedEx customers can now check the company’s tariff refund portal.

Amazon customers should watch their accounts and email for a message from the company. Amazon says only a limited number of cases will qualify for a refund, so it’s best to not get your hopes up.