Get a $750 Welcome Deposit for eligible new customers who open an 
- Editor Rating
- Rated 4 stars
- Excellent
- Paribus Review
- Reviewed by:
- Published on:
- Last modified:
Contents
Have you ever purchased something that you thought was a great buy, only to find it on special or at a drastically reduced rate the next week?
It happens to the best of us, and guess what, now there is an application that monitors your online purchases, alerting you when there is a price reduction.
Now, that sounds all well and good, but once you have purchased something, what good is it to know about a sale on that item after the fact? Well, if you are an avid online shopper, you should know that you can often request a price adjustment refund once the item goes on sale (usually within a certain number of days – normally 7-10 days after the purchase). Of course, this takes a lot time and following up.
Well, Paribus does this all for you for purchases at online, eligible retailers/stores (*the service does not work with in-store purchases), and they’ve been getting featured on many sources for their innovative service.
*Update: Paribus has removed their 25% success fee on price drop refunds. That means Paribus is now 100% free to use.
Who Will Benefit From Using Paribus?
Paribus is for anyone that shops online often and is in the know with online apps. It does not require a genius to operate, but you need to understand the mechanics of it, so that you do not have any nasty surprises. We’ll go over some particularly important details.
If you are used to requesting refunds online when you see the purchase go on sale afterwards, then you will understand that this process can take up to 10 days, dependent on the retailer. Paribus does all of the monitoring so you can spend your time elsewhere. Their algorithm does all of the monitoring and price comparison in real time. You’ll then have the opportunity to move forward with a price adjustment refund on your purchase if it becomes available.
How Do You Sign Up?
The Paribus sign up is fairly simple, and it is absolutely free to become a member.
Register with the email address you use when purchasing online. This is important, as Paribus needs this email to do its searches. It will search within your email inbox for your online purchase history by detecting receipts from the merchants it monitors. *If you have any concerns with Paribus scanning through your emails for receipts, we suggest creating a new email account specifically for your shopping receipts.
How Does It Work Exactly?
Paribus uses your email address supplied to them to search for past orders you’ve made. It is, essentially, an online service that moves in and around your emails, silently.
Paribus will continually monitor to see if your purchase gets a price reduction and, if there is one, will ask you if you’d like them to notify the retailer on your behalf to start the process of getting the price adjustment refund. You’ll receive the refund back to your original form of payment, or you may receive a store credit depending on the merchant.
It is not Paribus that pays you back. It is the retailer, but it is Paribus that arranges all of this for you. If you have issues, you deal with Paribus and they will sort it out for you. Paribus monitors various major retailers, such as Target, Kohls, GAP, Old Navy, Walmart, Macy’s, Best Buy, Nordstrom, and many more. Stores change their policies often, and the list of eligible merchants changes from time to time. See the current list of stores Paribus monitors here.
In addition to price drops, Paribus also tracks the delivery status of online purchases at certain retailers like Amazon and Walmart. If a guaranteed order arrives later than the retailer promised, Paribus automatically contacts the merchant to request compensation.
The Pros And Cons Of Paribus
Honestly, there aren’t really any negatives to bring up. Paribus does not do any searching for price reductions until you confirm the purchase receipts they’ve scanned for. They really are quite careful with all they do. They are dealing with your money after all.
It is a fast and efficient process, where you do very little, other than confirm the qualifying price adjustment refund, and approve it. This takes place all on the app, which is downloadable onto your smart phone.
In the past, users have complained about the 25% fee Paribus takes for successful price adjustments, but that is no longer the case and the service is no 100% free.
The owners and founders, Eric Glyman and Karim Atiyeh, both have backgrounds that merge wonderfully together. Eric has financial experience, so knows his stuff when it comes to saving money. Karim has the technical and product development savvy and is continuously looking to improve the application. They both have seen the benefits in helping out the community in saving on purchases and feel very passionate about it.
Some have worried that Paribus is a scam, but users have reported successfully getting adjustment refunds for a quite some time now.
Another vote of confidence is that Capital One, being the 8th largest commercial bank in the USA, have acquired Paribus, stating that they were very impressed with the talent levels and technological innovation of the owners. Paribus had over 700,000 users at the time of the acquisition and since has grown to staggering numbers, clearly showing that there is great benefit in using their application. Who does not like to save money, right?
We say Paribus is definitely worth checking out.
If you’re doing any online shopping, be sure you’re taking advantage of a cash back online shopping portal. We list all of the best cash back sites here. See the pages below for reviews of the best.
- Swagbucks Cash Back Shopping Review: $3 & 10% Bonus
- Extrabux Cashback Shopping Review: Legit Or Scam?
- Should You Use Mr. Rebates’ Shopping Portal For Cash Back?
- Ebates Review: Cash Back Shopping | $10 Sign Up & Unlimited $25 Referral Bonuses
- Best Credit Card Cash Back Shopping Portals: Chase, Barclays, Discover
- Best Cash Back Shopping Sites Everyone Should Be Using (Free Cash, Points, Rewards!)
- Upromise Cash Back For College Review: Unique College Savings Platform
- TopCashback: Cash Back Scam Or Legit?
- Simply Best Coupons Cash Back Shopping Review
- Paribus Review: Scam Or Great Way To Save Time And Money Shopping?
- iConsumer Cash Back Shopping: $5 In Bitcoin & 5% For Life Referral Promotion
- BeFrugal Cash Back Shopping Review: $10 & $15 Promotions
- Best Online Cash Back Shopping Site: Mr.Rebates vs. Ebates!
MoneysMyLife Top Offer Picks  With 16,000 ATMs and 5,100 branches throughout the United States, Chase Bank is second only to Wells Fargo with regards to the total number of branches. This makes the bonus offers from Chase extremely popular, and they always have several promotions to choose from. Full Review.
 Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities.Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Member FDIC. Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review  Barclays has two great card offers that should interest many who are looking for a solid travel rewards credit card.The Barclaycard Arrival® Plus World Elite Mastercard® has a 60,000 miles sign-up bonus worth $630 in travel. You'll be able to earn unlimited 2X miles on every purchase and there are no foreign transaction fees to worry about. See Terms. Full ReviewThe Barclays Arrival® Premier World Elite Mastercard® will earn you 75,000 miles each year (worth $750) if you spend $25,000 on purchases during the year. This credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review |
CIT Bank is offering a 1.85% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. 
Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. 
Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. *Paribus compensates us when you sign up for Paribus using the links provided.
*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.