Price drops after you buy? This app re-claims your cash

There’s an app that will help you get your money back when the price drops on an item you already bought.

Many of us look for the best price when we’re shopping for a product – but once we hit that buy button we rarely look back. Now a new app can help you reclaim the difference if the price drops after you purchase.

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It’s called Earny and it’s being developed by a small team of engineers in Santa Monica. It is backed by Science, the same firm that helped build the startups Dollar Shave Club (bought by Proctor and Gamble) and FameBit (bought by Google).

Earny team in Santa Monica; March 10, 2017

The secret is in their proprietary system. They have built sophisticated software bots that can do a lot of the work for consumers. Tracking the prices, watching for drops and then filing the online forms required to collect the difference.

Earny covers several dozen retailers including top stores like Amazon, Walmart, Kohls, Nordstrom, GAP and more.

Earny mascot