PayPal Honey Review: How This Browser Extension Can Save You Money

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Quick Take: The PayPal Honey browser extension automatically finds the best coupon codes for you as you shop online and alerts you to opportunities for earning PayPal Rewards on your purchases. This PayPal Honey review explains how it works and how it can help you save.

Pros

  • Compatible with Chrome, Safari, Firefox, Opera and Edge 
  • Automatically finds and applies coupon codes as you shop
  • Allows you to set alerts for price drops on specific products 

Cons

  • Doesn't provide savings on in-store purchases as some competitors do

PayPal Honey Overview

Honey is a shopping and rewards platform that was founded in 2012 and acquired by PayPal in 2019. It provides available coupon codes for more than 30,000 online retailers. It also allows you to earn PayPal Rewards when shopping on eligible partner merchant sites or purchasing specific products.

The PayPal Honey app can help you find coupon codes and discounts. However, the easiest way to save with PayPal Honey is to add the PayPal Honey browser extension to your web browser. The extension will automatically search for available coupon codes for each site you visit as you shop online, notify you of any savings and even add the best coupon code during checkout.

Key Features

GOBankingRates gave PayPal Honey 4.7 out of 5 stars based on the following key features.

Benefits

In addition to automatically finding the best coupon codes on the web and applying them to your online purchases, you can do the following with PayPal Honey:

  • Track prices for specific items using Droplist, PayPal Honey’s price tracking tool, to receive alerts when prices on tracked items drop.
  • Use the Amazon Price Comparison tool to find the cheapest Amazon sellers of specific products.
  • Earn PayPal Rewards on eligible purchases that can be redeemed for cash back, gift cards and PayPal shopping credits.
  • Follow your favorite PayPal Honey partner merchants to receive real-time updates on potential sales and discounts.
  • Get shopping and pricing insight for specific products as you shop using Honey Tips.

Ease of Use

Once you’ve set up the PayPal Honey browser extension, which you can do with just a few mouse clicks, it works behind the scenes as you shop online to find coupons and deals on the items you’re viewing. The extension displays a PayPal Honey icon — a lowercase “h”– at the top of your browser window. When it turns orange, you’re shopping on a PayPal Honey partner site. A small number will display next to the icon indicating how many coupon codes are available for the site.

You don’t even have to copy and paste coupon codes — the browser extension will automatically apply them at checkout. It can’t get much easier than that.

Store Availability

PayPal Honey automatically searches the web for coupon codes for more than 30,000 online retailers. A sampling of the sites the platform tracks include:

  • Shopify
  • DoorDash
  • Shein
  • The Home Depot
  • Priceline
  • Temu
  • Sephora

Rewards and Discounts

PayPal Honey provides several types of rewards, savings and discounts. One or more of the following may apply to any one purchase:

  • Get a discount at checkout using a coupon code.
  • Earn PayPal Rewards when shopping from specific PayPal Honey merchant partners.
  • Take advantage of exclusive offers for additional savings or rewards on eligible purchases from PayPal Honey merchant partners.

How PayPal Honey Stands Out

PayPal Honey is one of the few shopping rewards platforms that automates searching for and applying coupon codes so you don’t have to miss out on savings when you’re short on time. It also has price-tracking tools not found on most shopping rewards platforms that can help you time purchases for greater savings.

Comparable Options

PayPal Honey is an excellent tool for finding the best online deals, but it does have some competitors worth checking out.

Rakuten

Rakuten’s browser extension alerts you to coupon codes and cash-back opportunities as you shop. However, you can also link Rakuten deals to your credit card for in-store savings.

Capital One Shopping

Capital One Shopping automatically adds coupon codes during checkout at participating online retailers and alerts you to price drops on products you’ve viewed online. You can earn Shopping Rewards on eligible purchases that can be redeemed for gift cards.

How To Get Started With PayPal Honey

To start saving with PayPal Honey, simply sign up for an account and add the extension to your web browser. You can do both from the PayPal Honey website.

The extension works with Chrome, Safari, Firefox, Edge and Opera. Apple users can enable the extension on mobile Safari via the PayPal Honey app. PayPal Honey is not currently available for Android browsers, although you can use the PayPal Honey app on your Android device to search for savings before shopping.

Who PayPal Honey Is Best For

PayPal Honey is ideal for busy online shoppers who don’t always have the time to search for discounts before shopping. PayPal users who want additional opportunities to earn PayPal Rewards can also benefit from using the extension when shopping.

Final Take

Any shopping rewards portal can probably save you money when shopping online, but few automate as much of the process as PayPal Honey, saving you time in addition to money. If you’re planning a purchase, take advantage of PayPal Honey’s price tracking tool to determine the best time to buy.

PayPal Honey FAQ

Here are answers to some commonly asked questions about PayPal Honey.
  • Does Honey work with PayPal?
    • You can sign up for PayPal Honey using your PayPal account. As you shop online, the PayPal Honey extension will alert you if you're on a site or viewing a product that allows you to earn PayPal Rewards on purchases.
  • What is the PayPal Honey extension?
    • The PayPal Honey extension allows the shopping rewards platform to run in the background of your web browser as you shop online, automatically looking for deals and alerting you to coupon codes and rewards opportunities.

Cynthia Bowman contributed to the reporting for this article.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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