Can you imagine an app that tracks your purchases and if there is a price drop on the item you purchased it sends you a refund for the difference?
That might sound too good to be accurate, but that is what Paribus does.
Most retailers offer some price guarantee for a certain amount of time. Usually, it’s the same amount of time you have to return an item for a refund.
If you shop a lot online, then this might sound like a gift from heaven.
But the question is, does it save you money? Is it a scam or a legitimate app? Read on to find out more.
Is Paribus Safe to Use
Having an app that knows what you spend and where you spend it, is the other side of the coin. How else could it know if a store owes you a refund for a price drop?
Not everyone is comfortable with the idea. But it isn’t some sketchy third party company who is running the Paribus app and maintaining the database.
Capital One acquired Paribus in 2016. The same Capital One that asks what you have in your wallet on those TV commercials.
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Looking to extend their technology base and increase their reach in the market place, Capital One saw this as the platform to make that happen.
After Paribus became Capital One’s app, there was no longer a fee to get the app. You don’t even have to connect your credit card to the app, with one exception, for it to be able to kick your refund back.
Amazon is the exception, but even for them, it is optional. If you want to take full advantage of Amazon’s price matching service, you would need to connect your credit card to the app, but it is not required.
How Does Paribus Work
So now that we know what Paribus is and why it is safe to use, how does it know when you spend money at a participating store and that you have a refund coming?
For Paribus to work, you have to give the app’s receipt fetcher access to our email. And not just read access but read, send and delete access.
It is the only way that Paribus can keep track of your online receipts and know when to issue a refund when it detects price drop.
Once you have installed the app, it will scan your email for any previous purchases that may have had a price drop. If there is a price drop, it will issue a refund. You may have money sitting in your inbox now and not even know it.
If you are leary of anything having access to our email, you could set up a separate email account. Only use that email for your online shopping receipts and Paribus. Gmail has no limit to the number of email accounts you have.
Paribus: Does it Work With Every Store
Not every store is a participant, but many of the more popular stores are participants. Here is a list with a brief description of the policy for price guarantees.
Amazon does not have a price guarantee, but a shipping fee refund if there is a guaranteed delivery date and the guaranteed time does not attempt to deliver.
Bloomingdale’s will adjust for price drops or missed coupons within ten days.
Macy’s will adjust for price drops and coupons missed within ten days.
Best Buy will price adjust for price drops and missed coupons within 14 days through a chat. There is no automatic refund, and you have to open a chat to get your price adjustment.
Newegg price adjustment only applies to items with the price match guarantee badge on the page. Will price adjust for these items within 14 calendar days of your purchase.
Staples adjusts for price drops or missed coupons, and they are covered for 14 days.
Target will make adjustments for missed coupons, and price drops are covered for 14 days but must be corrected over the phone.
Bonobos makes adjustments for price drops and missed coupons will are honored for 14 days if the item you ordered is in stock and in the size you ordered.
J.Crew will make an adjustment on price drops as well as missed coupons on full price products within seven days of your order date.
Zappos price drop adjustments will be honored within ten days of the date you placed your order.
Nordstrom price drops are adjusted within 14 days of the date you placed your order.
Banana Republic adjusts within 14 days of your purchase for price drops. But, items purchased with a discount are not accepted.
The Gap will make an adjustment within 14 days of your purchase date. But, items purchased with a discount are not accepted.
Old Navy price drops are given within 14 days of purchase, but no items with a promo code are eligible for price drop adjustments.
Athleta price drops are given within 14 days of the purchase date, but no items with a promo code are eligible for price drop adjustments.
Walmart will adjust the price of an item for up to 90 days after the order date if an item was previously purchased from Walmart.com is listed at a lower price, and the item is within the return window. Items listed from a third party are not included.
Kohl’s missed coupons or price drop adjustments are given with 14 days of purchase.
Office Depot missed coupons or price drop adjustments are honored with 14 days of purchase.
Neiman Marcus price adjusts for price drops or missed coupons that occur within ten days of your purchase. This does not include online clearance or individual promotion items. But it does include permanent sale items
Saks Fifth Avenue
Saks Fifth Avenue will adjust for price drops on full priced items that happen within seven days of your purchase date.
Costco will adjust price drops or missed coupons within 30 days of your purchase date.
Sears will price adjust for price drops that occur within 30 days of your purchase. Sears excludes purchases between Thanksgiving and the Wednesday following Thanksgiving.
REI will adjust for price drops or missed coupons that happen within 14 days of your purchase.
Anthropologie adjusts for price drops or missed coupons that happen inside 14 days of your purchase.
LOFT price adjustments are made for price drops that happen within seven days of the date ordered. Excludes special promotions for price adjustments.
As you can see, it does not work the same for each store. But, the Paribus app does work as it should with each one.
What is the Benefit of Paribus
If you shop online and wouldn’t mind making some money from price drops or missed coupons, then you want to use Paribus or apps that are like it.
What you may not have considered is these refunds or adjustments are passive income. Since Paribus handles most of the price adjustments getting your money from these stores is no real effort on your part, making it passive.
Of course, there are exceptions listed above, but most are the same as the others with a 14-day policy. Get paid with no action required on your part since Paribus is scanning your email and contacting stores for you.
Wouldn’t it be great if there was a way to make a passive income fulltime? Well, people are doing precisely that. Using apps like Paribus you can make a full-time passive income.
See for yourself and check out our website today to see if it’s everything it is cracked up to be.