Paribus.co Review – Automatically price match online purchases and save money!
Paribus.co – A Review of the NEW Automated Price Matching Tool.
Hey everyone! Today, we’re talking about a recently released app/service called Paribus which can be found at Paribus.co. Below we’ll discuss the following topics on this new service:
- What is Paribus
- How does Paribus work
- What retailers does Paribus support
- Does Paribus REALLY work
- Why do they need access to my email
- Why do they need my credit card
- Alternative solutions to get around access to my personal email
- Suggestions based on my own use of it
Already signed up for Paribus and looking to earn MORE money? Look no further than this post on 6 Easy Ways to Make More Money on Paribus!
So now that we know what I’m going to cover today, let’s get started!
What is Paribus
Paribus is a new service provided by Eric Glyman and Karim Atiyeh, both Harvard Grads. This service will automatically track your online purchases (for supported retailers) and if there is a price change they will automatically attempt to submit a price match request. If approved by the retailer, you get some money back, and they take a small percent of that refund to support the software. And let’s face it, Amazon alone changes prices on MILLIONS of products DAILY! So most likely (and in my case) it won’t take long to earn back some FREE money that you wouldn’t have got back unless you monitored every purchase all the time. So what does that mean to me? If I can do NOTHING different, and get money back, WHY wouldn’t I sign up!?
Full Walkthrough Video!
Just press play/click on the video below!
How Does Paribus Work
Upon registering for your Paribus account (use my signup link and It will save you an EXTRA 5%!), it will request access to your email address and to your Amazon account. It will then monitor your email account for the receipts that these retailers send you. When they find a receipt from a valid retailer, it will start tracking the products from that receipt in the Purchases section of Paribus. If that product drops in price within the price match policy time frame (varies by retailer) Paribus will automatically request a price match refund on your behalf. How freaking cool is that!? I don’t have to do ANYTHING! Now, they do charge a small fee for this service. BUT, it starts out at 25% of the refund you get. So you get a $1.00 refund, they get $0.25 of it. Not bad, it was free money anyway! BUT, you CAN lower that fee by referring other people. Each person you refer, drops your fee by 5%. So simply refer 5 friends and this service is now FREE. BOOM!!!
Paribus supports quite a few major online retailers, and the list continues to grow. As of writing this post, they support: Amazon, Bloomingdales, Macy’s, Best Buy, Sephora, Newegg, Staples, Target, Bonobos, J.Crew, Zappos, Nordstrom, Banana Republic, GAP, Old Navy, Athleta, Piperlime and Walmart. Most anything I buy online comes from one of these guys. PERFECT!
Does Paribus REALLY work
Quite simply, YES! I’ve been using the service for a few weeks now and I’ve made a couple of orders on Amazon. As of writing this post I’ve saved $22.25 on items on 3 successful price match claims. NOT BAD!!! Even better, I didn’t have to do ANYTHING!
Why does Paribus need access to my email
Remember, Paribus scans your email inbox for the receipts from retailers to know whether or not you have made a purchase in order to start tracking the products and knowing who the retailer is. Paribus also supports most of the major webmail services like Gmail, Yahoo!, AOL and Hotmail. For more information about the security of this, check their FAQ here (select the View Full Website link at the bottom). They have combined with McAfee to confirm their tools are safe and secure! Now, they need access to your account to send emails to the retailers on your behalf. Cool with me. Saves me from having to monitor and do it manually!
Why does Paribus need my credit card
Remember, Paribus isn’t free. They take a percentage of the amount you get back on a refund. However, they can’t it directly from your retailers account if they give it to you in the form of a digital Gift Card (like Amazon), of a different credit card. So they’ve chosen to let the retailer refund you the full amount however their normal process is, then charge the credit card you provided to them for the Fee. So, say you get a $1.00 back from Amazon on a refund. Amazon will show this $1.00 on your Account under the Gift Cards section. Then Paribus will charge your credit card the 25% fee (or whatever current rate you are at). NOTE: if you use the following link to sign up, it will drop your fee down 5%, which is MY personal referral link: http://paribus.evyy.net/c/345839/301462/4678.
NOTE: You CAN SKIP the Credit Card entry process. You’re first price match is FREE. So, why NOT try it out? Give it a shot now and quit losing money: http://paribus.evyy.net/c/345839/301462/4678
Alternative solutions to get around access to my personal email
Now, some of you may be a little leery about giving them full access to your email account. So alternatively you could create a NEW email account, JUST for using to link to your favorite online retailers. After you setup a new email account, you can go edit your account on the retailer’s site to use the NEW email account. Then sign up for Paribus with the NEW email account. Then any new purchases made will go to the NEW email account, which Paribus will be monitoring and seeing. Any personal mail will still be sent to your OLD email account, and out of the reach of Paribus.
You can setup that new email account and set a FORWARD filter on your existing email account, so that all purchases from the retailers they support get forwarded to the new email account. Use that new email account as your sign up account for Paribus, and your safe. The ONLY email they will ever see is the email you auto-forward to that account. NO access to your “personal” account, and you don’t have to go to all your retailer websites and modify your settings there. MUCH easier. I also confirmed this with Paribus Support, but I have not tried it myself, as I signed up prior to contacting them about it.
Suggestions based on my own use of it
I’ve been using Paribus for a couple weeks now and have had a few successful claims go through and issued a refund. Since signing up I’ve only purchased things through Amazon, and I’ve noticed some of the products I’ve purchased say they either don’t qualify for a possible refund or they show up as “Maybe”. I’m not sure why some showed up as ineligible but I’m guessing it’s based upon the 3rd party company who sold the product through Amazon and not direct from Amazon itself (honestly, I’ve only had 1 product show this). However, I’ve had some show as Maybe and the note on those indicate I can’t get a refund through the retailer, but my Credit Card company may honor the price change. SO, my suggestion to Paribus is to give me the option to email that request to the credit card company. Perhaps some pre-formatted email that I can insert the proper email address into? Or have a dropdown of email addresses based upon all the various types of credit cards so I can choose the one I used. That would make it slick!
Want to save EVEN MORE!? Check out this TopCashBack Review!
TopCashBack is a website where you go there first, then on to your retailer site and earn cash back, FREE! Combine BOTH services to maximize your savings!
NOTE: This review is an independent review based on my own opinion and was NOT at the request of Paribus. I just want MY readers to understand the tool, and learn how it can work FOR them. Links to Paribus.co on this page are my referral links, and signups using that link will help lower my fee (and yours too).