Has anyone used SIFT (automated price protection) yet?

[Anonymous]

When I logged in to my Nerdwallet account today, I saw a new app called SIFT. Apperantly it works by reading your emailed recepits, and automatically following price changes and somehow contacting the bank to refund you the difference back to your credit card. I am wondering if actually works as advertised? In the FAQ section, they say that it works with most major banks. They also mention that they are working on to enable same system for walk-in purchases with paper receipts.

https://www.siftwallet.com/index.html

[MrDisco99]

I'm pretty sure this is why Citi has announced they would be shrinking their Price Rewind benefit and Chase is about to get rid of their price protection altogether.

[digitek]

LOL disco I thought the same exact thing!

I knew there had to be a reason...

Guess I should expect most cards to drop it soon, but TBH I never used it.

[Shadowfactor]

After seeing this post last night. I downloaded the app. It does a lot more then just price protection. It will file travel insurance, extended warranty claims and some other things for you as well.

It’s an interesting app

[MrDisco99]

I just read the FAQ.  You have to give them access to your email.  No thanks.

However, anyone who shops at Amazon needs to look at their bit explaining price protection.  This is exactly why I haven't bothered with the Chase Amazon Visa.  Price protection is a very useful benefit when buying from Amazon, or really any retail purchases.

[Shadowfactor]

I will have to look into the amazon price protection but when I have some extra time.

Wasn’t thrilled about giving them access to my email but for a long time I have only used a certain email for only buying items. That way my receipts are in just one email and it doesn’t take very long to locate them.
So no personal/work emails go to that address.

[joltdude]

Chases own Amazon Prime card does NOT have price protection... Hence why sometimes its better to use say Freedom or other card with Amazons site vs the 5% back

[Anonymous]

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@Anonymous wrote:

When I logged in to my Nerdwallet account today, I saw a new app called SIFT. Apperantly it works by reading your emailed recepits, and automatically following price changes and somehow contacting the bank to refund you the difference back to your credit card. I am wondering if actually works as advertised? In the FAQ section, they say that it works with most major banks. They also mention that they are working on to enable same system for walk-in purchases with paper receipts.

https://www.siftwallet.com/index.html

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Thank you a ton for this information. I downloaded the app and I think it will be very useful for me. 

[Anonymous]

After a little bit of research, I realized there are two more companies (Earny and Paribus) doing this automated price tracking/refunding. As a curious person, I decided to give them all a chance and see how they work. While Earny and SIFT are able to utilize credit card price protections, Paribus is only utilizing benefits from the places where items was bought from.

Currently they show most of my purchases in their dashboards and tracking for possible future price drops.

https://paribus.co/

https://www.earny.co/home

[awg420]

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@Anonymous wrote:

After a little bit of research, I realized there are two more companies (Earny and Paribus) doing this automated price tracking/refunding. As a curious person, I decided to give them all a chance and see how they work. While Earny and SIFT are able to utilize credit card price protections, Paribus is only utilizing benefits from the places where items was bought from.

Currently they show most of my purchases in their dashboards and tracking for possible future price drops.

https://paribus.co/

https://www.earny.co/home

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I have had all 3 of these apps for about 6 months and never once has any of them found me any savings