Is Paribus a Scam or the Cash Back App of the Century?
Is Paribus a scam or an awesome app to get some cash back from your online shopping? There’s been a lot of talk about this trending app on social media of late, so I wanted to have a good look at it myself to see what deal is and whether it’s worth using or not.
First off, just before we get right into things, I just want to say congrats on being here and reading this review. Likely you’ll never fall for an online scam because you’re smart enough to do your research before joining anything. That’s the best move.
Now read on and discover the truth about the Paribus cashback app…
Company Name: Paribus
Owners: Eric Glyman and Karim Atiyeh
Price To Join: Free
My Rating: 8/10
~ Paribus Reviews ~
Every day millions of people venture online looking for new opportunities to make money. The world has so many opportunities at our very fingertips, and with the internet being global, we can find ways to make money both day and night.
I actually make a fulltime income online and it’s been that way for quite a few years now. In fact, I can no longer imagine my life any other way.
The obvious downside to cyber world is there are a lot of scammers online, and it’s also very easy for them to hide their identities. They know the internet is where so many people are looking for options, so they create bogus schemes just to get money. We always have to be aware of this online.
One of the most effective ways to avoid scams is to do exactly what you’re doing now – reading product reviews. It’s the very reason I write so many on my site here. I built this site to help people find ways to make money and avoid the scams.
There was a lot of online noise about this new cashback style of app called Paribus, so it sounded like the perfect platform to do some research on and write a review about.
So let’s see if Paribus is hot or not.
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What Is Paribus About?
Paribus has been around since 2014 and is the brainchild of Eric Glyman and Karim Atiyeh, two entrepreneurs from Brooklyn, New York.
“Paribus” is a strange looking word, but it’s actually derived from the Latin phrase of “ceteris paribus”, which translates to “all things being equal”.
We learn something new every day.
So what does this app do exactly?
We’re getting to that shortly, but first, how many times have you bought something from a store, only to discover right after your purchase that same item goes on sale?
I know it’s happened to me many times, so I’m sure you’ve experienced this at least a few times as well.
Okay, so this is where the Paribus app comes in. Many stores have price guarantees and will often give you a recently purchased item (that you bought at full price) for the discounted price. Meaning you get cash back.
Now what Paribus does is monitor your purchases from various online stores and takes note of the price action. The app actually scans your purchase receipts, monitors the price action, and even goes so far as to put in a claim for a rebate if the app detects a price drop on one of your purchases.
Pretty interesting stuff. I’ve never seen something like this before.
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How Does Paribus Really Work?
The very first thing to do is actually sign up with Paribus. Now, you can either do this by downloading the smartphone or tablet app from the App Store, or you can do it all from your computer. It’s your choice.
Basically all you need to do is connect your email address to the Paribus app. It works with most of the major email providers, such as Gmail, Outlook, Yahoo and so on.
Now the second step involves linking a credit card to your Paribus account. There’s no need to be hesitant about this step. They are not going to hack into your credit card.
What Paribus does is takes a 25% fee from every dollar it helps you get back in cash rebates. So if the app managed to recoup $100 for you on your prior purchases, Paribus take $25 of that and you get $75 you wouldn’t have had before.
The fee is directly deducted from your credit card once the refunded amount has been credited back to your card, so you’re never directly out of pocket for the Paribus fees.
The real beauty off all of this is that you don’t actually have to do much of anything to get cash back on discounted purchases. The Paribus software takes care of all the legwork. You just enjoy receiving money paid back to your card.
The app will go through your email inbox and search for previous purchases that are eligible for price adjustments and refunds. The app won’t go out and get a refund for you until you actually approve it. You’ll be informed first in every instance.
This all sounds pretty good and quite easy. I mean, it’s not a career move or something, but definitely a cool way to save some dollars on your shopping.
You Get Paid Instantly
Other types of cashback and rebate apps make you wait to receive your cash back, but not Paribus. As soon as a refund is finalised, it’s credited to your card and then Paribus takes its cut of the action.
Other apps also have payment thresholds. They make you wait until you’ve earned a certain amount of cash back before they give it to you. The reason they can hang onto your money is because they receive your cash back first and then distribute it to you when they see fit.
Paribus doesn’t work that way. The money goes straight to you. It’s not pooled in some company kitty, collecting interest for them while awaiting distribution of funds.
What Stores/Purchases Are Eligible For Cashback?
Not all stores and purchases made will be eligible for a cashback rebate. Of course, the very first thing is the price has to drop after you make a purchase. Then there is the condition that a store must actually be a partner of the Paribus cashback scheme.
Some of the included stores are:
- Old Navy
- Home Depot
- And more…
This is all about online shopping, so purchases must have been made from the store’s website rather than at an actual physical store.
Copy the way I’m making $1000s online every single month!
Concerns About Email Access
We mentioned earlier that you have to link an email account to Paribus so it can scan your emails. Some people have expressed privacy concerns with this, because the app actually has full access to all your emails and their details.
When you link your email you actually grant the app access to read email, send email, delete email and even manage your email account.
Now I don’t think the app is really going to do much of any of that, as it’s designed to search for online shopping receipts from which to find you discounts and cashback opportunities.
Some people have concerns about both privacy or the app taking over their email account. It sounds kind of scary the way the app words things when it asks for access, but it’s fine. You won’t have any issues.
This app is perfect for anyone who fairly regularly makes purchases online from the stores linked with Paribus. Even if you just get some cash back every so often, it’s money you wouldn’t have had before.
And it’s not like you have to pay an upfront fee. Paribus only take their 25% cut once they’ve got you money back into your account.
This is not some sort of make money online gig or part-time career move. It’s just cashback, so if you are looking for something more consistent when it comes to making income, then this app won’t be it.
What I Do Like
- The app does what it says, works really well and is fast becoming one of the most popular apps in the cashback/rebate niche for online shopping
- The app is free, with Paribus only taking their cut once they’ve put cash back into your account
- You’ll get cashback on purchases that get discounted after you bought them
- Paribus has teamed up with some really major and popular retailers
- You even get refunds for shipping delays
- You get paid as soon as the refund is granted. No waiting to reach a payout threshold
What I Don’t Like and Red Flags
- 25% is quite a hefty fee to charge
- There are concerns about privacy issues, the app having control of your email, plus the app having access to deducting money directly from your credit card
- The app is only available to people who live in the United States and Puerto Rico
- There are some complaints that the app doesn’t always work properly
How Much Does Paribus Cost To Join?
There’s no upfront fee or charge to join Paribus and use the app for getting cash back. The company simply takes a (rather hefty) 25% when, and only when, it has managed to get a refund into your account.
You never pay anything upfront.
Is Paribus a Scam or Legit?
Paribus is most definitely not a scam and is actually a pretty cool app; one of the best I’ve seen in this market sector of online shopping cashback apps.
For me the downside is that Paribus isn’t yet available in more countries, but maybe it will be down the track.
You don’t have to wait to receive your cash back like with some other similar apps on the market, and you don’t have to pay anything upfront for the service.
If you love online shopping and you live in the US or Puerto Rico, then this is the app for you.
If you are looking to make some sort of consistent online income, then you’ll need to do something more than just get some cash back on purchases. Keep reading below…
This Is How I Make An Awesome Living Online!
Paribus is actually a really handy app, but not designed to be a way to make you a decent income from home. But I have the answer to that if you’re looking to build a steady income stream.
I mentioned earlier in the review that I make more than a fulltime online income. Affiliate marketing is how I do it, but I don’t have to put in fulltime hours.
It’s actually pretty basic and easy to earn money with this. If you do some training it speeds up the process and keeps you from wasting any time by going in the wrong direction.
Below I’ve quickly listed just a few advantages of being an affiliate:
- You don’t need money to get started
- Affiliate marketing is very cheap to do
- No need to actually sell products, just promote and earn commissions
- The only tools you need is a computer and internet access
- You are your own boss and can do it from home
- Choose your own flexible hours
- Enjoy having no ceiling on what you can earn
That’s just a snap shot of the benefits.
Many people just do affiliate marketing as a side gig to supplement their regular income, and it’s spot on for that, but the real lifestyle advantages come into play when it’s your fulltime income earner.
Let’s name a few:
- You get to make the rules and live on your own terms
- Multiple sources of income will offer more financial security
- Enjoy having an abundance of time and money together
- Get to spend more time with your family
- Travel whenever you like and make money along the way
- You can truly live the laptop lifestyle
- And loads more…
If you want to change your life for the better, the best time to get started is right now
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