PayPal Honey review

PayPal Honey is best understood as a coupon tool with rewards attached. Once installed, it pops up at checkout, searches for coupons across more than 30,000 sites and applies a working code if it finds one. Droplist tracks the price of items you save and notifies you if they drop, and on Amazon it compares sellers while factoring in shipping and your Prime status. Honey says it has more than 17 million members and is part of PayPal. The cashback side is Honey Gold: on eligible purchases at some stores, Honey activates rewards at checkout and adds them to your account, and you redeem them for gift cards once you have enough. Its App Store listing explains that merchants may pay Honey affiliate commissions, which it shares with users as rewards. Because rewards are limited to some stores and come back as gift cards rather than cash, Honey ranks below the dedicated cashback portals.

Who it is for

Shoppers who mainly want automatic coupons and price tracking, with small rewards on top.

Price

Free extension and app.

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Quoted from the vendor pricing page on November 10, 2026.

Key features

• Searches for coupons on 30,000+ sites and applies a working code at checkout
• Honey Gold rewards on eligible purchases, redeemed for gift cards
• Droplist price tracking with drop alerts
• Compares Amazon sellers, factoring in shipping and Prime status
• Part of PayPal

Strengths and weaknesses

• Strength: Very little setup: shop as usual and it appears at checkout
• Strength: Coupon search covers 30,000+ sites
• Strength: Price tracking helps time a purchase
• Weakness: Rewards are only at some stores
• Weakness: Honey Gold redeems for gift cards, not cash
• Weakness: Merchants may pay Honey commissions, and Honey shares only part as rewards

Key facts

• Coupon coverage: 30,000+ sites
• Members: 17 million+
• Reward type: Honey Gold, redeemed for gift cards
• Owner: PayPal
• Platforms: Browser extension, iPhone and iPad app

Where it ranks

PayPal Honey is No. 8 in our Best Cashback Apps verdict.