iPhone Early Adopter Tax = $200 (or $3/day). Get it back with Credit Card Price Protection

Among all the iPod announcements made today, Apple also announced a price drop for the iPhone. The 8GB model is now $200 cheaper, at $399. Great news for people who want to buy one, but a kick in the teeth to all the poor saps (like me!) who paid $600 for one 67 days ago or less.

People on the web are already starting to clamor for some kind of gesture of relief/acknowledgement from Apple. A free iPod Nano (even one of the old ones, to clear out inventory)? An iTunes gift card? A Shuffle? “We’re Sorry”? Anything?

I don’t think it’s likely that Apple will do anything at all for the suckers people who paid the Early Adopter Tax. But they’d garner a WHOLE bunch of good will and loyalty and PR if they did.

If you’re one of the victims of this, check the terms of the debit/credit card you used to buy your iPhone. Many offer “price protection”, for exactly these situations. For instance, my MasterCard offers 60 days of price drop protection. You can file a claim, showing the new lower price compared to what you paid, and they’ll send you a check for the difference. But this might only work if you DIDN’T buy it on launch day (June 29). If you did, you’ll be sad to note that it’s been 67 days since then. Too late.

But, if you’re lucky enough to have this policy on your card, and you waited a week or more to buy your 8GB iPhone (or you have longer than 60 days protection), go file a claim and get some of your Early Adopter Tax back.

Just don’t count on anything from Apple to make up for it.