Honey App Review 2022

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PayPal Honey

9.5

Millennial Money rating

Bottom Line

Honey is a legitimate money-saving tool for everyone who likes shopping online. It doesn't cost anything and can offer you great savings. According to their Q4 2020 financial report, on average they were able to get their members a discount of 17.9% and an average yearly savings of $126

Pros

  • Free to use
  • Easy installation process
  • Cash back rewards

Cons

  • Cash back only redeemable via gift cards

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If you have had the pleasure of shopping online, you’ve probably come across a field asking you to enter a coupon code for a discount.

While you can certainly turn to Google to find these codes, many times, it can be a long process with no guarantee that they will work. And that’s where the Honey browser extension can help.

YES, Honey will automatically find you discounts and coupons. A tool that finds legit discounts and coupon codes, for free? You might think that there is a catch.

This article will dig deep to see what Honey is, how it works, how it makes money, and, of course, whether it is actually worth using.

What is the Honey App?

Honey, recently renamed “PayPal Honey” after being acquired by Paypal in 2020, is a free browser extension and mobile app that helps you save money by searching for the best coupon deals available for online purchases. This includes buying clothes, ordering food, or booking travel.

Honey Browser Extension

The Honey browser extension is compatible with over 30,000 shopping platforms in total. Honey will search for and apply coupons instantly.

The Honey extension will also notify you if there is a price drop on any of the items in your Droplist from different online stores. Honey will also compare the items you wish to buy with all Amazon sellers and find you the best deal possible.

Honey App

The Honey app is available for use on smartphones. You can find the Honey app for iOS in the Apple App Store and for Android on the Google Play Store. It will automatically search for coupons on 4,000+ sites while you shop on your phone!

Honey Gold

Honey Gold is their rewards program that allows you to collect Gold with each purchase, which can be later redeemed as free gift cards from popular stores. It is fully integrated with Amazon, Apple, Facebook, and Google so you can use those platforms or your email to log in.

You can also earn Honey Gold by referring your friends. Once you create an account you can unlock your unique code, share it with your friends and family, and for each person that signs up using your link and makes their first purchase, you will get 500 Gold (or $5).

Once you have 1,000 Gold, you can redeem them for gift cards from major retailers such as Apple, Walmart, Booking.com, Lowes, and Home Depot.

Is Honey Legit?

Yes, Honey is a legitimate tool for everyone who likes shopping online. It doesn’t cost anything and can offer you great savings.

Honey holds a 4.2 out of 5 rating with Trustpilot with over 4,700 customer reviews and actively has over 17 million active users.

If you have any doubts about using Honey, you can always try it out and uninstall it if you decide it’s not for you. You can also request Honey to delete your account along with any data they collected.

How Does Honey Work?

Honey works by finding different ways for you to save money while shopping online. They believe that finding the best deals should not take time.

They have a number of different tools in their portfolio and work tirelessly to come up with new ways to save money.

How Honey Saves You Money:

  • Savings Finder: This is the main feature of Honey. All you need to do is install an extension on your browser, and it will find the best coupons available for you during the checkout process to get you lower prices on your purchases.
  • Honey Gold: This is a loyalty program that can earn gift cards from Amazon or other popular online stores. To earn Honey Gold, you need to create an account and activate the program. Every time you purchase from one of the supported online shops, you will receive Honey Gold – up to 20% of your purchase. Once you’ve collected 1,000 Honey Gold, you can redeem it for a free $10 gift card!
  • Price Tracker: This tool allows you to track an item’s price history for some major retailers such as Amazon, Macy’s, Target, and Walmart so that you can base your purchasing decision on past trends. If the price dropped before, there is a good chance that it will drop again.
  • Honey Droplist: Add items to your Droplist by clicking on the honey icon at select stores. Honey will keep an eye on the price and send you an email if there is a drop. This is a great way to save money on the items you want to buy if you are willing to wait.
  • Honey on Amazon: This feature compares the price of your selected item with every seller. Other Honey tools that work on Amazon include a savings finder to make your experience with Amazon better and save you as much money as possible.
  • Honey Mobile App: The app is called PayPal Honey: Coupons, Rewards. If you have iOS 9 or above, just head to the App Store and download the app. For Android users, head over to the Google Play Store. Keep in mind that the mobile app works a bit differently than the browser extension.

How Does Honey Make Money?

Honey makes a commission from its partners when a member uses Honey to find savings or by activating Honey Gold rewards. They work with affiliates to confirm the purchases, then in turn make money.

Honey then passes some of its earnings back to members via the Honey Gold rewards program, allowing you to trade in your Gold for gift cards. This allows Honey to make money, and members to get cash back in the way of free gift cards without Honey selling your data.

Download Honey for Free and Save

Honey can be downloaded as a browser extension for Chrome, Firefox, Safari, Opera, and Edge. Once completed, you will be asked to create an account at joinhoney.com.

This can be done the easy way by connecting with your Apple, Amazon, Facebook, or Google account. If you wish, you can also create an account by entering your email address and setting up a password.

Once you have installed the extension, you will notice new icons on your favorite online stores. Through these new icons, you will be able to add items to your Droplist, see the price history, and of course, apply coupon codes during the checkout process.

The mobile app works slightly differently from the browser extension. Think of the app as a shopping platform where you can find the best deals possible. Don’t be surprised to see Honey on your credit card statements since payments go through the app.

Is Honey Safe?

Honey takes security very seriously. They use many safeguards to keep your data secure, including encryption, limited access, and advanced malware detection.

You can also set how much information you wish to share with Honey. Just keep in mind that some of the information is needed for the extension to actually work.

If you think that your personal data is not secure with Honey or you don’t feel comfortable sharing it, you can always uninstall the app. The process is very easy, and you can do it at any time.

You can also request Honey to delete your account with them, including all the data they have collected.

Customer Service

You can find assistance in the help section on Honey’s website. It features many answers to frequently asked questions and articles with valuable information.

When you are on the help page, you can also click the orange button on the bottom right side of the screen that says “Chat with us :)”. You will be prompted to enter your name and email address associated with your Honey account and then you can chat with Honey to get your questions answered.

If you still have any questions regarding their privacy policy, you can send them an email or even a snail-mail letter by post. You can also contact the Honey team by pressing on the letter symbol on their website and filling out the form.

On their website, you can also find a well-written privacy section, where you can find everything there is to know on how they are collecting and handling your data.

Pros and Cons

Like everything else, Honey has its pros and cons, and while the list of pros far outweighs that of cons, it is important to know what to expect before opening an account.

Pros:

  • Free to use
  • Cashback rewards
  • Easy installation process
  • Easy-to-use application
  • Saves time and money by automatically finding the best coupons
  • Uninstall and delete your account at any time
  • Transparent data collection and privacy settings

Cons:

  • Cash back redeemable as gift cards from select online shops

Alternatives to Honey

There are many other options that can save you money when shopping online. Capital One Shopping (formerly Wikibuy), and Rakuten are both browser extension that works similarly to Honey.

It will attempt to find better deals for you, compare prices, and find coupons you can use. Both extensions are free and trustworthy.

Capital One Shopping compensates us when you sign up for Capital One Shopping using the links we provide.

FAQs

Is the Honey app safe?

Honey is trusted by more than 17 million customers and does everything in its power to guarantee the safety and security of its app. Thousands of 5-star reviews can only mean that people find it safe.

Is Honey a scam?

Honey holds a 4.2 out of 5 rating with Trustpilot with over 4,700 customer reviews and actively has over 17 million active users, it is not a scam.

Does the Honey app work?

Yes, the Honey app works tirelessly to save you money by searching for the best deals from thousands of stores while you are shopping online.

Is Honey owned by PayPal?

On January 6, 2020, Honey was acquired by PayPal for about $4 billion and renamed “PayPal Honey” in July 2022.

Is there a Honey Google Chrome Extension?

Yes, you can download a Google chrome extension for Honey and it will automatically start searching for the best deals for you after you create your account.

What is the catch with Honey?

Honey is there to save you money in many different ways while shopping online. Unlike other apps, Honey doesn’t sell any of your data to third parties and only makes money from the commission they receive from online retailers.

Is Honey safe to use on Amazon?

Honey works great with Amazon as well as other online shops. You can even use a tool called Amazon best price. This tool allows you to find the best seller on Amazon for the item you wish to buy, and it’s safe and easy to use.

Is Honey a good extension?

Honey is one of the most popular choices when it comes to saving money on your online shopping. The extension is supported by over 30,000 merchants and trusted by millions of users. They claim to offer an average discount of 17.9% and an average yearly savings of $126. With all of that said, Honey is a good extension.

Read Comments

  • Comment Author image blank
    Dennis
    I tried Honey for a brief while by installing the extension in my browser. Unfortunately, the UX was awful. I was on the nike.com checkout page, and I saw the coupon prompt. I remembered Honey, found the extension, installed, and restarted my browser. When I returned to the checkout page, Honey declared that coupons were available. That's when things went south. Every time I tried to apply coupons, the nike page gave me a dialog with "Error Occurred" or something equally helpful. Then it got worse. After trying a few times, my browser became unresponsive. If I waited a long time, it seemed to be still alive -- like 30 seconds or more before I saw life. I tried to kill tabs. Nothing. Tried to exit the browser. Nothing. Rebooted my computer. That worked. Bottom line: Honey is more like vinegar.