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There’s no worse feeling than going shopping, only to find out a week later that the product that you bought has gone on sale or permanently dropped in price. It can feel like you’ve been cheated out of your money, but there’s not really anything you can do about it, is there?
Paribus by Capital One aims to help you avoid that feeling, assisting you with getting your money back in this and similar situations. Use this in-depth Paribus review to determine if it’s safe, a scam, or a legit way to get money you deserve!
Paribus Review 2019
What is Paribus?
Paribus, founded in 2014, is a company with the goal of “making saving money easier and more convenient for consumers.” The founders noticed that retailers frequently change the prices of their goods, but that consumers often didn’t have the time to monitor the prices of things that they bought.
Even if they did notice a price change, many people didn’t have the time to get a refund, or simply didn’t know how to.
Paribus automates this process, doing all of the heavy lifting involved with getting a refund from a retailer. That gives you the peace of mind that you’re getting the best deal available.
3 Ways to Save Money with Paribus
So, how can you save money with Paribus? There are three main ways that you can save money.
1. Retail Price Drops
Retail price drops are one of the most common ways to save money with Paribus.
Many retailers have policies that allow customers to get a refund if something that they buy drops in price shortly after their purchase. The problem is that consumers don’t have the time to watch out for these price drops. Complicating matters, different companies have different refund policies.
When you make a purchase, simply let Paribus automatically scan your e-mail account for receipts. Paribus will automatically track the price of the things that you’ve purchased.
If the price of the item drops, Paribus will reach out to the retailer on your behalf and handle the refund process. If Paribus can’t request the refund automatically, you’ll get a notification with easy to follow instructions on requesting the refund yourself.
Paribus supports a huge variety of major online retailers, including Amazon, Walmart, Target, GAP, and more.
2. Hotel Price Drops
Just as retailers constantly change the prices of their products, hotels change the cost of booking a room. You might book a room one day, only to find that the price of that room has dropped the next time you look at the hotel’s website.
Like retailers, many hotels have policies that let you request a refund in this situation. When you book a hotel room, Paribus will scan your e-mail account and take note of the details of your booking. It will then keep track of the cost of booking that same hotel room. If the cost drops, it will initiate the refund process on your behalf, or provide you with instructions on how to do so.
3. Late Deliveries
The biggest downside of online shopping is that you can’t immediately enjoy the product that you purchased. You have to wait for the product to arrive at your home.
Many retailers offer guaranteed shipping deals. For example, Amazon offers 2-day shipping through its Amazon Prime subscription service. Other retailers, like Walmart, let you pay a fee for a guaranteed shipment arrival window.
What happens if your purchase doesn’t arrive within the guaranteed window? You deserve compensation because you paid for a service that you did not receive.
With certain supported retailers, including Amazon and Walmart, Paribus can automatically reach out to get compensation when a shipment arrives outside of its guaranteed arrival window.
How Does Paribus Get My Money Back?
Paribus might sound like a deal that’s too good to be true. Paribus is no scam. While it offers the promise of free money, Paribus is able to do so using legitimate methods outlined in retailers’policies.
Most retailers have policies that guarantee refunds to customers that purchase something shortly before that product’s price drops or the product goes on sale. Retailers offer this policy as a courtesy but rely on the fact that few people have the time to pay enough attention to claim a refund.
Paribus automates this process, paying attention to the things you purchase and watching for price drops. Paribus has a list of each supported retailer’s refund policies and procedures. If you are eligible for a refund, Paribus can automatically fill out and file the required paperwork or help you do so manually.
Paribus isn’t pulling free money out of nowhere. It simply helps you get the money that you are owed and could get on your own
I’ve Made Money with Paribus. Now What?
One of the best parts of Paribus is that you don’t have to do anything to get your money back.
Many money saving apps will make you pay a fee, or redeem your savings for certain specific things, like gift cards. Paribus doesn’t make you jump through these hoops. Most retailers will automatically refund any money you’ve saved directly to the form of payment.
If you used a debit card, money will be deposited directly to your checking account. If you used a credit card, your card will receive a credit.
Don’t Forget the Paribus App
If you do a lot of shopping on your phone, you can take advantage of Paribus’ savings opportunities by downloading the Paribus app. This app is available for both iOS and Android phones and makes it easy to monitor your purchases and money saving opportunities.
You can use the app to sign up for an account, just like signing up through Paribus’ website. Grant Paribus access to your e-mail and it will automatically track the products that you purchase and look for savings opportunities. When you’ve saved money, you can open the Paribus app to see the things you’ve purchased and how much you’ve saved.
Related Post: 12 Money Making Apps!
What Does Paribus Cost?
One of the best parts ofParibus is that it’s free. There’s no fee to sign up for an account and Paribus doesn’t take any cut of the money it saves for you. Paribus sends all of the money you save directly to you.
Is Paribus Safe?
It’s understandable to wonder whether a service like Paribus is legit. It promises to give you money for free, charges no fees, and asks for full access to your e-mail account to scan your e-mail for receipts.
You can feel confident that Paribus is safe, or at least as safe as an online service can be. Paribus is owned by Capital One, a major financial company. Paribus and Capital One use proprietary security technology to ensure that they don’t give anyone else access to your e-mail or other personal information.
Paribus also use proprietary technology to ensure that it doesn’t look at any e-mail that isn’t relevant to saving you money. It scans just the sender and the subject line of e-mails that you receive. Only if it detects an e-mail related to a purchase that you’ve made will Paribus access the e-mail and gather further information.
Is Paribus Right for Me?
Now that you’ve learned about Paribus, you might wonder whether it’s the right choice for you.
If you do any amount of online shopping or hotel booking, Paribus can help you save money. It’s as simple as that. There’s no guarantee that you’ll save money, but because Paribus is free, there’s no downside to signing up for the service. At worst, you won’t save any money, but it won’t have cost you anything.
The only people who might want to reconsider signing up are those who are incredibly private or security conscious.
My Final Paribus Review
Paribus is a fantastic service that works for almost anyone who shops online. At worst, you won’t save anything, but you won’t lose any money. In the best case, Paribus can help you save a bunch of money on the things you buy online.
- Save money automatically when shopping online
- No need to fear price drops or sales when buying products
- Get compensated for late deliveries
- Minimal paperwork – Paribus automatically finds your receipts
- Paribus needs minimal access to your e-mail.
Here are some of the most common questions that people have about Paribus.
1. Is Paribus Legit or a Scam?
Given Paribus’ promise of saving you money with no work and no cost, it’s easy to wonder whether Paribus is legit or a scam.
You can feel confident that Paribus is a legitimate company that can save you money. It is backed by a major financial institution, Capital One, which should give you confidence that Paribus can deliver on its promises.
2. How Much Does Paribus Cost?
Paribus is completely free to use. In the past, the company took a cut of the money that it saved you, but since it was acquired by Capital One, Paribus has become free of charge for all users.
3. Does Paribus work with Amazon?
Yes, Paribus works with Amazon. By automatically scanning your receipts and shipment notifications, it can help you get refunds for price changes and late deliveries.
4. What Apps Are Like Paribus?
Paribus isn’t the only app of its kind. There are a number of apps that try to help you save money when you shop online. If you’re interested in alternatives, you should research apps such as:
Related Money Saving App Reviews:
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