This ” Paribus Review: Can This App Really Save You Money? ” post describes the pros and cons of using Paribus. This Paribus review is solely based on my opinion and personal experience with using Paribus. This post contains affiliate links/ads. See disclosure policy.
Have you bought something and it turned out the price dropped the next day? How frustrating is that, right?
I know how you feel. I've been there several time before.
How I wish there were a product that could automatically file a reimbursement on your behalf when the prices of the products you just bought drop. Oh wait, there is.
That product is Paribus.
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Paribus Review: Can This App Really Save You Money?
Let's start with our Paribus review.
Paribus is a FREE app that automatically keeps track of your online purchases. It submits refund requests, when available, automatically, It's that simple.
I have been using it for almost a year now. I can tell you what's good, bad, and indifferent about it. I can tell you what works and what doesn't work with Paribus. If you are looking for an in-depth Paribus review, you've come to the right place.
What is Paribus?
Paribus is designed for people who shop online and want to save additional money by getting a refund when the prices of the products they just purchased drop.
It looks through your email receipts to find out if any products (from stores Paribus monitors) you recently purchased are eligible for a refund.
If the app detects a price adjustment, it will request for a refund. You don't have to do anything. Paribus will automatically make a refund request on your behalf. It will contact the store and submit one for you. Easy, right? It definitely is easy.
Most companies (online or brick and mortar) offer price-matching on purchases, that is, if you find a lower price within a given time period. Paribus comes in and do all the work for you.
How the Paribus app works?
When you sign up with Paribus, you will need to provide Paribus access to your email. This is its way of getting the email receipts and finding out of any of these receipts are up for refunds.
Once access is given, Paribus will start crawling in your email to find the receipts that are supported by this product. Once it found all the receipts, it will compare prices online to see potential refund. When a refund is found, Paribus will send a message to its customer service for refund action.
What stores does Paribus monitor?
Good thing you ask. So, what stores does Paribus really monitor. The answer is below. I call them Paribus stores although they really aren't stores of Paribus.
Most well-known stores:
- Best Buy
Other popular stores Paribus monitors are:
- NewEgg, Staples
- J. Crew
- Banana Republic
- Old Navy
- Office Depot
- Neiman Marcus
- Saks Fifth Avenue
- Home Depo
- Crate & Barrel
- Bed Bath & Beyond
- L.L. Bean
That's over 20 big stores, which are the stores that most people go to for shopping.
How does Paribus make money?
That's one of the questions people ask whenever a new product is introduced in the market.
The answer is simple, that is, Paribus charges a 25 percent fee for successful refunds. For example, if it helps you get $100 in refund, then, it will take $25. A 25% fee sounds big but you are still getting a substantial saving of 75% that you wouldn't have otherwise.
Well, I can find the refund myself. All I need is go to the website and check.
That's one of the things people say.
That's easier said than done though. If you have a ton of receipts, you probably don't have a lot of time to go to each store and check each price change. Paribus does everything for you.
Oh plus, you won't have to deal with customer service of the retailers, which will eat up your time. You certainly can use your time for more important things in your life.
What are the good and the bad things about Paribus?
Honestly speaking, almost everything is good. It does all the legwork and you, on the other hand, can sit, relax, and have fun and get your refund when there is one.
You don't have to put in hours to search for price reductions, request refunds, and talk to sometimes-automated customer representatives.
As you know, refund policies of retailers vary from one retailer to another. They also change from time to time without notice. Like what I said, Paribus will do the legwork for you. It sounds simple because it's that simple.
So, what are the Paribus complaints or bad things about Paribus?
The only bad one I could think of is it's fee. It's 25% and it sounds a lot for many people. Having said that, that 25% is justified because you don't have to do anything. All the ins and outs of getting a refund will be handled by Paribus. Basically, you can free up so much time for better and more important things you need to do.
How do I get my refund?
Great question. All you need to do is have a credit card on file. Just like how brick and mortar retailers issue refunds, that is, the refunds get credited back to your credit card. It's that simple.
Can I trust Paribus?
Paribus is part of Capital One, the giant credit card company. I like Capital One and haven't had any problems with it in the past 15 years I have my credit card with that company. Personally, I would trust Paribus. I trust Paribus especially now more than ever in that it's a part of the Capital One family.
I like Paribus and highly recommend it to people who want to get additional savings in the form of refunds without actually lifting a finger. Since I've signed up a couple of months ago, I have gotten over $60 refunds. That a pretty sweet deal knowing that I didn't do anything but allow Paribus to do everything for me.
If you want to give it a try, Paribus sign up is here and it's for FREE.
Does the Paribus review help you make a decision on whether to try Paribus or not? Do you think Paribus is for you?