Welcome to my Paribus review!
Paribus is a fairly new site and has received a lot of attention lately. It’s a website that monitors your purchases, and if they detect a price drop, they’ll send you a refund for the difference.
But is Paribus a scam?
A number of people have complaints about Paribus, so I decided to do some in-depth research on this company and share my findings with you in this review.
Company name: Paribus
Parent organization: Capital One
Age requirement: 18+
Paribus was founded by Eric Glyman and Karim Atiyeh in 2014, and was purchased by Capital One in 2016. Paribus works as an app for iOS, and can be used on computers as well (it was removed from the Play Store, but they are working to rebuild the app for Android).
At the time of writing this, Paribus has a BBB (Better Business Bureau) rating of B+, although they are not BBB accredited (this doesn’t mean anything though; a lot of legit businesses aren’t BBB accredited).
In this review, I will be going over how Paribus works, complaints against it, and whether it’s safe or a scam.
What IS Paribus?
As I said, Paribus tracks your online purchases and sends you a refund when they detect a price-drop for any item you ordered in the past.
Most stores have price guarantees, meaning that if there’s a sale – or if a product simply goes down in price – you can file a price adjustment claim and get refunded the difference (how much you paid minus the current price).
The trouble is, filing these claims can be a hassle, and it can be time consuming to regularly go through all your past purchases looking for price drops.
This is where Paribus comes in. They file these price adjustment claims on your behalf, therefore saving you the hassle and potentially saving you hundreds of dollars.
Here is a complete list of stores Paribus works with.
Another cool thing Paribus does is track your orders from Walmart and Amazon, and notifies these companies on your behalf if there is a late delivery. You’ll get a $10 credit for this!
Okay, so Paribus sounds awesome. But, of course, there’s a catch.
What’s the Catch? How Does Paribus Work?
In order to use Paribus, you have to sign up and give Paribus Receipt Fetcher access to your email. Not just any access, but read, send, and delete access:
This is so Paribus can keep track of all your online receipts and issue a refund when they detect a price drop.
You can also connect your credit/debit cards and Amazon account to Paribus in order to take full advantage of their price-matching service, but this isn’t required.
Once Paribus has your email, they’ll scan your inbox for past purchases that are eligible for price adjustment refunds. If they detect any, they will let you know and then all you have to do is approve them.
So, if you don’t mind them having access to your email (and cards), this is a great way to potentially save some money. If privacy is a concern for you though, then I wouldn’t suggest you use Paribus. Either way, you might want to look into my complete list of make money online ideas.
How Does Paribus Pay?
Paribus sends all the refunds straight to your bank account (as long as your card is linked). You don’t have to wait to reach a certain payment threshold either; your earnings are sent out as soon as the price match is approved.
During my research, I came across several complaints from current and former Paribus users:
Paribus not working
Some people have complained that even though they’ve had Paribus for months, they never get any refunds.
This is most likely due to one of two things:
- Paribus hasn’t yet found a purchase eligible for a price adjustment claim or;
- The company for some reason never issued the refund (this is NOT Paribus’ fault – Paribus is not the one giving you a refund, it’s the company they contact on your behalf that does. Paribus just acts as a middle man.)
Aside from those possibilities, I guess there could also be a technical issue, in which case you’d want to contact Paribus support and ask them about it directly.
Uncomfortable email access
Yes, Paribus has somewhat intrusive access to your email account. They can read your emails, send emails, and they have the ability to delete them as well.
But don’t worry, Paribus is not interested in any of that. All they do is look for receipts. And if they find any receipts which are eligible for a price adjustment claim, you have full control over whether they file the claim or not.
If you are not comfortable with Paribus having access to your email, my advice is to just not use the service.
Only available in the United States and Puerto Rico
If you are not from the US or Puerto Rico, look around. There are a lot of services like Paribus now, so you may be able to find a good alternative.
As you can see, there are some fair concerns about Paribus. But just to be 100% clear, I have seen more positive reviews than negative ones. There are plenty of people who have gotten large refunds without any trouble.
Is Paribus a Scam? Final Thoughts….
Paribus is not a scam. It’s a legitimate way to save some money, and it requires virtually no work on your part.
However, if you are uncomfortable with the level of access Paribus has to your email account, then you may want to skip Paribus and instead look for other money-making options.
My favorite way to make money online is called “affiliate marketing”. I don’t have to buy anything to get paid (unlike with Paribus), and the income potential is literally unlimited.
And don’t worry, affiliate marketing is very easy to learn, even for complete beginners. If you’d like to learn more, check out my number one recommendation.
Have you ever used Paribus? What do you think of it? Feel free to leave a comment below, and if you have any questions, I’d love to help out!