Capital One Shopping vs. PayPal Honey: Which Is Better?

In this Capital One Shopping vs. Honey review, you’ll see which browser extension saves you more money, as well as which one I personally use. Capital One Shopping and Honey are two of the best coupon sites. These are browser extensions that find coupon codes for you when you shop online. When you shop online,…

In this Capital One Shopping vs. Honey review, you’ll see which browser extension saves you more money, as well as which one I personally use.

Capital One Shopping and Honey are two of the best coupon sites. These are browser extensions that find coupon codes for you when you shop online.

When you shop online, you probably want to save money. Two helpful tools for this are Capital One Shopping and PayPal Honey, which find discounts for you. These browser extensions apply coupons automatically to your shopping cart, reward points for gift cards, and help make sure you don’t overpay. These tools make online shopping easier and more budget-friendly!

You can sign up for Capital One Shopping here.

You can sign up for PayPal Honey here.

Capital One Shopping vs. PayPal Honey

When you’re shopping online, you want to save money easily. Capital One Shopping and PayPal Honey are tools designed to do just that, directly in your web browser or on your phone.

I also have an in-depth review on each:

Below, I dive further into each browser extension so that you can see which one is best for you.

What is Capital One Shopping?

Capital One Shopping is a free browser extension that you can add to Google Chrome, Mozilla Firefox, Apple Safari, Opera, and Microsoft Edge. It helps you find better deals online by automatically applying coupon codes, comparing prices across retailers, and giving you rewards that can be exchanged for gift cards.

When you install the Capital One Shopping extension, it’ll work behind the scenes, alerting you if there’s a way to buy what you want for less.

You can sign up for Capital One Shopping here.

What is PayPal Honey?

PayPal Honey, aka Honey, also is a free browser extension compatible with major browsers like Chrome, Firefox, Safari, and Microsoft Edge.

Honey also searches for and applies coupons at checkout. Plus, it gives you the chance to earn Honey Gold rewards, which you can redeem for gift cards.

PayPal Honey can make your online shopping easier and more rewarding. It does the hard work for you, finding ways to save money and get benefits while you shop.

You can sign up for PayPal Honey here.

capital one shopping vs. paypal honeycapital one shopping vs. paypal honey

How does Capital One Shopping work?

Capital One Shopping, formerly known as Wikibuy, is a user-friendly tool designed to help you save money when shopping online.

It comes as both a browser extension that you can add to popular web browsers, like Chrome, Firefox, Edge, and Safari, and as a mobile app for when you’re using your smartphone.

When you’re browsing online stores, Capital One Shopping actively searches for better prices and discounts. For example, if you’re looking for a new blender, this tool will quietly search to see if there’s a better deal on another site.

But here’s where it gets even more interesting: while you shop, you gather points on your purchases and you can exchange these points for gift cards at different stores.

All you have to do to use Capital One Shopping is to install the browser extension and shop like you normally do. The extension takes care of everything by checking for coupons and lower prices automatically.

Capital One Shopping coupon codes

With Capital One Shopping, you no longer need to search multiple websites for discounts. The extension looks for and applies the best available coupon codes to your shopping cart automatically.

For example: If you’re at the checkout page of your favorite online store. With Capital One Shopping installed, you can watch as it tests promo codes in real time and selects the one that gives you the most savings. This convenience means you can enjoy discounts without having to remember to insert coupon codes manually.

And, this is what I love about Capital One Shopping – I don’t have to remember to look for coupon codes. A lot of the time (before I installed Capital One Shopping), I would forget to add a coupon code to my cart. I wouldn’t remember until later, which meant that I didn’t save as much money! With Capital One Shopping, you don’t have to worry about that because the browser extension does all the hard work for you.

Capital One Shopping rewards points

As you browse and buy from online stores linked with Capital One Shopping, you get to earn Capital One Shopping credits in your account, similar to cash back or points.

When you’re ready to see your rewards, click over to the Rewards & Savings tab once you’re signed into Capital One Shopping. There, you’ll see how many reward points that you have and you can also trade your points for gift cards.

Gift card options include Macy’s, Columbia, Cabela’s, Nike, Athleta, Old Navy, eBay, T.J.Maxx, DoorDash, Barnes & Noble, Sephora, Lowe’s, and more.

Capital One Shopping price comparison tool

When shopping online, I’m sure you want to make sure you’re getting the best deal possible. Capital One Shopping has a price comparison tool that’s designed to do just that.

This tool automatically looks for and displays prices from different online retailers, so that you can see where you can buy the item at the lowest price.

For example: If you’re looking for some new furniture, and you find what you want. Before you click “buy,” Capital One Shopping might show that another store sells the same piece for less money. This tool considers the total cost, including tax and shipping, so that you can see a complete picture of what you’ll actually spend.

Capital One Shopping Price Protection

Note: This part of the program just ended. Here’s what they have said: “What happened to Price Protection? Capital One Shopping is no longer offering our Active Savings Monitoring/Price Protection product. We have updated our Terms of Service and Privacy Policy to reflect this change. We will still be offering many other opportunities for you to save with Capital One Shopping via our browser extension and emails.”

Capital One Shopping has a price protection tool that can be a real money-saver. When you buy an item, this feature actively looks out for any price drops on that item after your purchase. If there’s a decrease in price, Capital One Shopping sends you a price drop alert. This way, you don’t have to keep track of prices yourself once you’ve bought something.

For example, you buy a sweater for $50, and the following week it goes on sale for $25. With the price protection alert, you’ll get emailed about this price drop, and you can then email or call the store to ask for a $25 refund.

Now, they may not always give you a refund, but it doesn’t hurt to ask!

Capital One Shopping watchlist

Watchlist lets you keep track of products you’re interested in buying and tells you if there are any price reductions. This feature is helpful if you’re not in a hurry to buy something and want to wait for the best possible deal.

If you find a product you’re interested in buying and want to watch the price, you simply click on the Capital One Shopping icon or button to add it to your list. Once the item is on your Watchlist, you’ll receive updates, so you’ll be the first to know if the price drops or if there happens to be an applicable coupon.

This is great because you don’t need to constantly check the prices yourself and this can save you a lot of time!

Capital One Shopping universal product search engine

Capital One Shopping has an easy search engine feature that simplifies the process of finding the best deals online. When you’re looking to buy an item, such as a blender, you no longer need to go to multiple sites to see who has the lowest price.

All you have to do to use this is go to the Capital One Shopping website and enter the product name you’re looking for in their search bar. For instance, if you type in “blender,” the site will instantly display a list of deals and prices available from different stores.

How to earn gift cards with Capital One Shopping

Earning gift cards while you shop online can be easy with Capital One Shopping.

In fact, until recently, I didn’t even know that I was earning gift cards! I loved Capital One Shopping enough as it is because I love how it automatically finds coupon codes. I randomly logged in to my Capital One Shopping account recently and noticed that I had a little over $47 in reward points. I turned that into a $47 gift card for free!

As you buy things online, the Capital One Shopping tool can find discounts for you. Not only do you save money with these coupons, but they also give you points.

These points can then be turned into free gift cards.

Capital One Shopping pros and cons

Pros of Capital One Shopping:

  • Coupon codes that work – This browser extension applies discount codes that are up to date and ready to apply to your online purchases.
  • Price comparison – Shopping online gets easy as this tool helps you compare prices across retailers to make sure you’re getting a great deal.
  • Gift card rewards – By using the service, you earn rewards which can be converted into gift cards to your favorite stores.
  • Price drop alerts – Capital One Shopping will let you know if the price drops on something that you have bought.
  • Capital One Shopping app – The Capital One Shopping app is available for iOS and Android devices so that you can save money when shopping on your phone. There is also a “Local Offers” section that can help you save money locally.

Cons of Capital One Shopping:

  • Loyalty preferences – If you’re loyal to specific brands or stores, other platforms like Rakuten or Fetch Rewards might be more aligned with your shopping habits.
  • Cash back options – While it has great rewards, if you prefer immediate cash back or a higher amount in cash back, a cash back site like Rakuten could be more what you’re looking for.
  • Lack of focus on groceries – For grocery-focused rewards, Fetch Rewards might better suit your needs compared to Capital One Shopping.

I hope you enjoyed this Capital One Shopping browser extension overview.

capital one shopping vs. honeycapital one shopping vs. honey

How Does PayPal Honey Work?

Now, that you’ve learned everything you need to know about Capital One Shopping, let’s talk about PayPal Honey.

Honey is a popular browser extension that can help save you money when shopping online.

When you shop online at one of the supported 30,000 stores, Honey springs into action. As you reach the checkout page, the extension scans its database for any available coupons. If it finds a code that matches your items, Honey applies it instantly, so you can get the best deal without lifting a finger.

Using Honey is straightforward. You can install the Honey extension on your favorite web browser. As you visit sites like Lowe’s, Macy’s, or Nike, Honey’s icon will light up if it finds possible savings.

Honey isn’t just about coupon codes. You can also earn rewards in the form of Honey Gold, which can be redeemed for gift cards. It can even track price drops, in case something you bought recently goes on sale, potentially qualifying you for a price adjustment.

As part of PayPal since 2020, Honey brings reliable savings right to you. Whether you’re shopping for new sneakers, the latest tech, or even planning a vacation, Honey works seamlessly to make sure you don’t miss out on a chance to save. Plus, it’s free, used by over 17 million members, and available to shoppers in multiple countries like the United States, Canada, Australia, and the UK.

You can sign up for PayPal Honey here.

Honey extension

Installing the Honey browser extension is an easy way to help you save money while shopping online. It’s compatible with several browsers including Google Chrome, Apple Safari, Mozilla Firefox, Opera, and Microsoft Edge. As you shop, Honey automatically looks around the internet for discount codes to apply at checkout.

With Honey, you don’t need to do anything extra while shopping. Its simple process removes the need to search for and enter coupon codes manually. This not only saves you time but also makes sure you get a great deal without any trouble.

Honey price tracker (Droplist)

With Honey’s Droplist feature, you can keep an eye on items you’re interested in buying without having to pay full price. If you spot something you like but find it too expensive at the moment, simply use the Honey extension to add the item to your Droplist.

Once you’ve added an item to your Droplist, Honey starts monitoring its price. You’ll get notified if the cost goes down, helping you decide when to make your purchase. This means you can save money by buying at the right time without constantly checking the site yourself.

Honey not only tracks the price drops but also gives you a view of the item’s price history so that you’ll know if you’re getting the best price.

PayPal Honey Amazon Price Comparison

When shopping on Amazon, PayPal Honey’s tool can be super helpful for making sure that you’re getting a great deal.

If there’s a better price available from another seller on Amazon for the product you’re interested in, Honey will give you a heads-up. So, there’s no more need to manually look through listings; Honey does the legwork for you.

Honey not only looks for better deals from various sellers on Amazon but also shows you an Amazon Price History chart. This chart helps you see how the item’s price has changed over time. This is an easy way to decide if the current price is fair or if waiting for a price drop could save you money.

For example:

  • Product: LED Smart Light Bulb
  • Price: $14.99 (Current)
  • Honey’s Lower Price Alert: $13.49 (Another Amazon Seller)
  • Amazon Price History Insight: Was $12.99 last month

By using Honey’s tool, you can make smarter choices, buy with confidence, and probably save some more money.

PayPal Honey PayPal Rewards (aka Honey Gold Rewards program)

When shopping online, you can earn rewards with PayPal Honey, known as Honey Gold rewards.

These points are like cash back from your purchases at more than 1,000 participating retailers such as Home Depot, Target, and Walmart. After shopping, these points are credited to you, typically within 60 days.

Then, once you have enough points, you can trade them for gift cards to clothing stores, restaurants, and more.

PayPal Honey mobile app

PayPal Honey is available as a mobile app so that you can save money when shopping from your phone.

With the Honey mobile app, you can browse and shop as usual. When it comes time to buy, the Honey bar pops up at the bottom of the store’s checkout page.

Here’s what else you can expect from the app other than promo codes:

  • In-app browsing – Shop across different retailers within the Honey app, streamlining your shopping trip without jumping between websites.
  • Savings at checkout – As you’re ready to make a purchase, the Honey bar searches for and applies coupons automatically to your cart.
  • Exclusive app deals – On top of finding the best coupons, you’ll find deals that are often exclusive to mobile app users.
  • Easy account management – Access all your Honey Gold, rewards, and account settings easily from your mobile device.

PayPal Honey pros and cons

Pros of PayPal Honey:

  • Easy to use – Honey automatically searches for and applies discount codes at checkout, which means you don’t have to spend time looking for deals yourself.
  • Wide store coverage – While it doesn’t include every store that is online, Honey is compatible with many different online stores, which means more possibilities for you to save money when shopping online.

Cons of PayPal Honey:

  • Cash back options – While Honey has a rewards points system, if you want more cash back, then a cash back-specific site like Rakuten may be a better option for you.
  • Lack of focus on groceries – For grocery shopping, Fetch Rewards might better suit your needs compared to Honey. This is the app I use for all of my grocery shopping!

I hope you enjoyed this PayPal Honey browser extension overview.

Capital One Shopping Versus PayPal Honey

Now, you’ve read about each of the apps, so how do they compare? Which browser extension is better and will save you more money?

The similarities: You can use both Capital One Shopping and PayPal Honey to help you find discounts and apply coupons automatically when you shop online. They both have rewards programs, rewarding you with points that can be exchanged for gift cards. The process of saving money is mostly hands-off once you install either extension, making online shopping more convenient and cost-effective.

Plus, both Capital One Shopping and PayPal Honey are free to add as extensions to your browser. There is no up-front fee or monthly cost to use either service and start saving on your purchases online.

They are both also available to download on your phone on either the iOS or Android app.

The differences: Capital One Shopping tends to focus on giving reward credits and a price comparison tool, which includes tracking price drops. On the other hand, PayPal Honey provides something called Honey Gold, which you can also use toward gift cards and it has a different approach when searching for deals. An important difference between them is how they cater to their users’ preferences and shopping habits. While one may have a broader reach in terms of retailer partnerships, the other might offer deeper discounts or more reward options.

To put it simply, they are both fairly similar for online shoppers. You won’t go wrong picking either.

Which Money-Saving App (Capital One Shopping or PayPal Honey) Is Better?

If you want to save money when shopping online, think about using a browser extension like Capital One Shopping or PayPal Honey. Both have different features that can help you find great deals. Your choice depends on how you usually shop and what works best for you.

Capital One Shopping is known for:

  • Automatic coupons – Finds and applies coupon codes at checkout.
  • Reward points – Earn credits redeemable for gift cards.
  • Price comparison tool – Helps you find the best price.
  • Price drop tracking – Alerts you to price reductions.

PayPal Honey is known for:

  • Coupon discovery – Automatically finds and tests coupons.
  • Honey Gold – Earn points for purchases, leading to gift cards.
  • Price history – Lets you see historical price data for products.
  • Droplist – Get notified when items on your list reduce in price.

Both extensions apply automatic coupons and give you rewards that you can turn into gift cards. Capital One Shopping has a tool to compare prices and find better deals easily. On the other hand, PayPal Honey shows you the price history, helping you know if the current deal is good by looking at past prices.

Think about where you shop the most and which features match your online shopping needs.

If you really care about comparing prices in real time, Capital One Shopping might be better for you. On the other hand, if knowing the historical price of items affects your choices, then PayPal Honey could be the right choice.

They are both very similar, so I don’t think you can go wrong choosing either.

Frequently Asked Questions

In this section, you’ll find answers to common questions about Capital One Shopping and PayPal Honey.

What are the differences between Capital One Shopping and PayPal Honey when it comes to features?

Capital One Shopping has many ways to save, including automatic coupons, a price comparison tool, and reward credits that are redeemable for gift cards. PayPal Honey also has automatic coupons along with a rewards program in the form of Honey Gold, which can be redeemed for gift cards. They are both very, very similar.

Does Capital One Shopping or PayPal Honey have better coupon codes?

It depends on the specific deal and the store, as both extensions search for and apply the best available coupon codes that they can find. Users may find that one extension finds a better discount at times, while the other might be more useful at different stores or times. So, it is hard to say.

Is there a downside to Capital One Shopping? Is Capital One Shopping safe?

Like any browser extension, it may not always find the best available discount, and it collects data on shopping habits to personalize the shopping experience. This is a common practice but might be a concern for users sensitive about their online privacy. For me, I do not mind this.

Is PayPal Honey worth it?

With a high user rating and no additional fees, PayPal Honey is generally considered to be a great tool for finding discounts and earning rewards that can be exchanged for gift cards.

Can Capital One Shopping and Honey be used together for online purchases?

Technically, you can have both extensions installed in your browser, but they don’t work together. They are designed to be used independently to find the best deals and apply coupon codes.

Which browser extension, Capital One Shopping or PayPal Honey, has the best user reviews?

They both have good reviews.

In the Google Play Store, Capital One Shopping has a 4.7 rating out of 5 stars, with over 1,000,000 downloads. In the Google Play Store, PayPal Honey has a 4.0 rating out of 5 stars, with over 1,000,000 downloads.

In the Apple Store, Capital One Shopping has a 4.9 rating out of 5 stars, with over 417,000 reviews. In the Apple Store, PayPal Honey has a 4.4 rating out of 5 stars, with over 7,600 reviews.

Capital One Shopping vs. PayPal Honey – Summary

I hope you enjoyed this article on Capital One Shopping vs. PayPal Honey.

A great thing about either money-saving browser extension is that it can save you a lot of money over time. As you keep buying things from different stores, the savings can add up to a significant amount. This is especially helpful if you shop online a lot.

The tools keep looking for discount codes in many transactions, making sure you always get a good deal.

I love having a browser extension, and I highly recommend installing one if you do any online shopping. It’s a no-brainer if you want to save money and time.

You can download Capital One Shopping here.

You can download PayPal Honey here.

Which do you think is better – Capital One Shopping or Honey?

Recommended reading: