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Have you ever bought something then it was repriced lower a few days after? I’m sure this has happen to you many times, I can imagine the regret that you might feel  and think “I should’ve waited a little bit”. Well, you can also manually initiate the refund with the retailer to get the price match difference but if you are very busy you might not notice the price change. But do not worry – now you can monitor the prices of the products you purchased for the next several days to see if you can get a discount. Luckily, there is a free app that can do it for you.

Today I’m going to share with you my favorite app that I use to request for refunds when the retail price drops – Paribus.

First, what is Paribus app? 

Paribus is a free valuable financial app that tracks your online purchases for you and sends you a refund when they detect a price-drop for any item you ordered in the past. It just simply syncs your email account to scan for receipts and negotiates with online companies to refund the difference if there is a price drop shortly after a purchase.

Not just that,  Paribus can also be used in claiming a shipping refund when your package does not arrive on the promised date. Right now for the shipping refund, It is only partnered with Amazon or Walmart. Paribus will automatically submit the refund claim for you.

Another feature of Paribus is that it can also help you watch for a better deal for you hotel booking. Paribus Hotels finds a lower rate on over 25% of the reservations it detects, you can get the lower rate even after you booked. Paribus works on hotel booking with Expedia, Booking.com, Hotels.com, Priceline, Hilton and Marriott.

How does Paribus work?

Paribus simply collects your refunds from stores for you by scanning your emails for receipts from your purchases. In today’s digital world, most online purchases require email verification and many in-person retailers will email you a receipt instead of printing it out for you.

First, Paribus identifies your receipt, evaluates the data and imports it into its database. The key piece of data is the price at which you bought the item. Your refund period generally lasts for about two weeks, during which Paribus will monitor the cost of the product and submit a refund request on your behalf if the price in case drops.

Paribus needs access to your email account and credit card information in order to ensure delivery of their portion of your refund through commission fees. Before writing off for the service, I understand that you might be hesitant to share this information and you might be concerned about the security. An important note – Paribus doesn’t keep your confidential information on file. They only pull the required information from your e-mail like the order number, order date, item numbers, and item purchase price. All credit card transactions are completed using Stripe and Paribus doesn’t keep the credit card details on file.

Alright, so once refund has been tracked and requested for you,  you will receive an e-mail telling you how much of an adjustment credit you will receive minus the 25% success fee. This excludes your first refund you receive as it is fee-free. You can also use the Paribus app on your IOS device to received your refund alerts.

Once Paribus detected the refund, they will contact their customer service to facilitate a refund on your behalf, and then send you the difference. If the retailer requires additional steps (like filling out a form) can’t be done by Paribus directly. You will receive instructions on how to proceed.

What will you get with Paribus?

Of course, this one is a no brainer,  Paribus a very effective tool to make passive money. None of your time and effort will be wasted monitoring price drops as Paribus will do all work you you.  This is assurance that you’re always getting a good deal. Another major benefit of using Paribus is that the app monitors top retailers. Feel free to check below the top retailers that Paribus works with along with the price adjustment terms.
  • Bloomingdale’s: Bloomingdale’s will price adjust for price drops or missed coupons within 10 days of your order.
  • Macy’s: Macy’s will price adjust for price drops or missed coupons within 10 days of your order.
  • BestBuyBest Buy will price adjust through chat for price drops or missed coupons within 14 days of your order. Paribus will not automatically file Best Buy claims, however you can open a chat with BestBuy and you should have your billing address, email, phone number and order ID handy.
  • NewEgg: Newegg will price adjust for price drops within 14 calendar days after the date of purchase. This only applies to products with the Price Match Guarantee badge displayed on the product page.
  • Staples: Staples will price adjust for price drops or missed coupons within 14 days of your order.
  • Target: Target will price adjust over the phone for price drops or missed coupons within 14 days of your order. Paribus will not automatically file for Target claims, however call 1-800-591-3869 with your order number, email, billing address, and price drop details.
  • Bonobos: Bonobos will price adjust for price drops or missed coupons within 14 days of your order if the item you ordered is still in stock in the size and fit you ordered.
  • J.Crew: J.Crew will price adjust for price drops or missed coupons on full-price merchandise within 7 days of your order date.
  • Zappos: Zappos will price adjust for price drops within 10 days of your order date.
  • Nordstrom: Nordstrom will price adjust for price drops within 14 days of your order date.
  • Banana Republic: Banana Republic will price adjust for price drops within 14 days of your order date. Items purchased with a promotional discount are not eligible for price adjustments.
  • Gap: Gap will price adjust for price drops within 14 days of your order date. Items purchased with a promotional discount are not eligible for price adjustments.
  • Old Navy: Old Navy will price adjust for price drops within 14 days of your order date. Items purchased with a promotional discount are not eligible for price adjustments.
  • Athleta: Athleta will price adjust for price drops within 14 days of your order date. Items purchased with a promotional discount are not eligible for price adjustments.
  • Walmart: Walmart will price adjust an item for up to 90 days after the order date if an item previously purchased from Walmart.com (not including items from a third-party seller on Walmart.com) is now listed at a lower price, and the item is within its eligible return window. Paribus will also contact Walmart.com if purchases with paid shipping arrive later than guaranteed. Walmart does not offer price adjustments for prices that are shown on their website between Black Friday and Cyber Monday.
  • Kohl’s: Kohl’s will price adjust for a price drop or missed coupons within 14 days of your order date.
  • Office Depot: Office Depot will price adjust for price drops or missed coupons within 14 days of your order date.
  • Neiman Marcus: Neiman Marcus will price adjust for price drops or missed coupons within 10 days of your order. This excludes Online Clearance merchandise and special promotion items, but includes permanent Sale items.
  • Saks Fifth Avenue: Saks Fifth Avenue will price adjust for price drops on full priced merchandise within 7 days of your order date.
  • Costco: Costco will price adjust for price drops or missed coupons within 30 days of your order date. Costco will issue a store credit for the difference.
  • The Home Depot: Up to local manager’s discretion, but typically 14 days.
  • Sears: Sears will price adjust for price drops within 30 days of your order. No Price Protection adjustments are given between Thanksgiving Day and the Wednesday after Thanksgiving. Sears will not offer a price adjustment on items that include individual Shop Your Way bonus or extra point offers.
  • Crate & Barrel: Crate & Barrel will price adjust for price drops or missed coupons within 14 days to claim on full-price items only.
  • Bed Bath & Beyond: Bed Bath and Beyond will price adjust for price drops or missed coupons within 30 days on permanent markdowns only, not items marked down for manufacturer’s events.
  • Anthropologie: Anthropologie will price adjust for price drops or missed coupons within 14 days.
  • REI: REI will price adjust for price drops or missed coupons within 14 days of your orders, but there are no price adjustments on REI Outlet items.
  • L.L.Bean: L.L.Bean will price adjust for price drops or missed coupons within 7 days on items that are the exact same color and size.
  • Loft: LOFT will price adjust for price drop or missed coupons on full-price merchandise within 7 days of the order date. Price adjustments are not eligible on special promotions, including %’s off (e.g., 25%, 40%, and 50% etc.) and $’s off.
  • Wayfair:  Wayfair will price adjust for price drops or missed coupons within 14 days.
So if you are a regular shopper of these retailers, instead of playing the waiting game on when will be the products you want gets discounted, just let Paribus do the job for you. Shop all you want and wait for your refunds.

How do you get started with Paribus?

You can sign up with Paribus in 7 simple steps.
  1. Go to www.Paribus.co
  2. Select the type of email you use for online shopping. Paribus is compatible with Gmail™, Yahoo!®, and Outlook® email accounts.
  3. Enter your username and password.
  4. Click allow on the permissions screen. This will allow Paribus to access your email to scan for receipts.
  5. Follow the onboarding flow to setup your account.
  6. After signing up, you can also link your Amazon account to automatically submit claims for late Amazon deliveries.
  7. After logging into your account you’ll receive a welcome email from Paribus. This email describes how the app will take about 48 hours to scan your inbox for receipts from merchants that Paribus monitors. You’ll also get more information on what other work that Paribus can do for you for potential savings.

Alright you are all set with Paribus, you can now get some cash back even you are on a shopping spree. Let us know your thoughts and feel free to share your Paribus experience on the comments below.