Earny: Price Protection, Automated
TL;DR: Earny is an app that automates the process of asking for refunds when prices for your purchases drop.
Not many people know, but many credit cards come with price protection. That is, for some time period (usually 60 or 90 days) after an online purchase you’re entitled to refunds for any price drops in the products you buy.
However, it’s usually a hassle to track all your purchases and reach out to Amazon’s (or whoever’s) customer service when this all happens.
Earny does this all automatically. They claim the refunds for you and pass the value on to you. It’s that easy. They also track late deliveries on Amazon purchases and find refunds for you there too.
So what’s the catch? There’s a couple.
- Not all credit cards have price protection. For example, Citi Double Cash does, but Chase’s Amazon card does not. If you’re curious what can be used, you can search through Earny’s site when look for credit cards to link.
- You have to give Earny your credit card information, Amazon account information, and permission to write emails for you. This last bit can make one uncomfortable, even though I’ve never heard of any problems here.
- Price protection services no longer work on Amazon, even though the late deliveries still do. If this is the only place you shop online, this may not be worth it.
There are pros and cons. Nevertheless, this is a source of completely passive income if you shop online a lot, and I personally use it.
Happy Earny’ing!
TheJKW