Honey Review – An Easy Way To Save Money, Or A Scam?

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Updated on
13 Sep 2020

Plenty of users do a quick Google search to find a coupon code so that they can save some money while online shopping. But, many people use a coupon plugin as their browser extension which scans the web page and applies the coupon code (if available) at checkout.

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Honey is a free web-based app and browser extension for Chrome, Firefox, Edge, Safari, and Opera that helps you to find coupon codes automatically for the online shopping sites. It lets you find the best deal available for a specific product, thereby saving your time and money.

You can get a great deal with the help of Honey. For instance, if you are looking for a product on online shopping sites to buy, Honey will compare the same product on various sites and notify you if there is any better deal available.

However, the problem with such extensions is that some suspicious activity might come into the picture. When you install Honey as a browser extension, you give it access to major permissions such as browsing history, login information, cookies, and much more.

In this article, we will look at the working of Honey with its features, and whether it’s a good decision to install it on your browser or not.

How Does Honey Work?

If you are not familiar with the term “extension browser”, it’s a software application that adds to the functionality of the browser. It acts as a customized add-on to your browsing experience.

In our case, Honey is built to survey online purchases in real-time to assure that you get the best deals. When you add Honey as an extension to your browser, it stores pages of major online stores.

When you install the extension on your browser, you will need to sign up with either Google, Facebook or Paypal or you can create a new Honey account. You can also skip the sign up for the later time, and start looking up for the deals.

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If you log in to use the Honey, then you can personalize the stuff according to your taste. Though, the feed will help you to find great deals and allow you to save time as you don’t have to find those deals manually by searching on Google.

Now, you must have a basic understanding of how to install Honey and how it works, but here are some other things that could make it more useful.

Honey Gold Rewards Program 

Apart from saving money while online shopping, Honey also offers you the opportunity to earn rewards (the program is known as Honey Gold). You don’t have to spend a penny to use Honey Gold as it is free to use.

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You might be wondering how Honey makes money for its operating cost while also turning into profits. Honey earns a commission when you visit their partner stores which they share with you in the form of Honey Gold.

To get started with Honey Gold, you have to first create an account on Honey and start earning reward points by making a purchase. The points can be redeemed in the form of gift cards on various online stores.

When you navigate to Honey Gold, you will be able to see all the Honey retail partners that are eligible for earning Honey Gold. It has more than 5,500 sites eligible for Honey Gold like Macy’s, Groupon, Walmart, eBay, Udemy, Microsoft, AT&T, and many more.

Once you earn 1300 Gold points, you will be eligible to get a $10 Amazon gift card. You will also get $10 in gift cards if you refer two friends who make qualifying purchases. Also, it credits 100 reward points for signing up successfully.

Privacy Policy

Honey has done its best to be clear with their privacy concerns. Unlike other websites, it does not have hidden permissions.

The privacy policy of Honey is simple and easy to understand, and they also published their privacy policy on the site (latest update on it is on January 6, 2020). Honey claims that they do not track your search engine history, emails, browsing data on any site.

Additionally, Honey also claims that they do not sell your personal information to anybody, instead they share the data with their service providers so that they can fulfill all the commitments made to you.

To protect your data, they have a dedicated team that continuously works on limiting access, using encryption, testing, advanced malware detection, and much more. But, for running the Honey, they have to collect the information such as device ID, IP address, your browser type, and how you engage with the websites.

If you don’t want to share your details or are concerned about your privacy, then you can uninstall the app as it is very easy to do. Still, you should first all the privacy and policy terms and know about what type of information they collect and according to it, you should decide whether to go ahead with Honey or not.

How to Use Honey Extension in Daily Life

To give a fair chance to Honey, I decided to use it by picking up a product online and looking for the best deals according to it.

For instance, when you go to any product page on Amazon, you will see new icons below the name of the product. The icon will show you the price history of the product and the changes in price that occurred in recent history.

Additionally, you will be able to view the pricing history up to 120 days. You can also see the price drops, but to do that, you have to open the link in the new tab by hovering on the icon.

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On the right of the price history, you can see a small ‘h’ with a ‘+’ sign. If you click on that sign, you will be able to add that particular product in your droplist. After adding a product in the droplist, Honey will notify you whenever the price drops.

Now, if you move to the checkout page, Honey will automatically find and apply a coupon code to your products. Otherwise, open the Honey extension in the browser, and it will tell you the probability of getting a coupon code for your products.

However, if it indicates a low chance of getting a promo code, still, you should give it a try as you don’t have to run the process manually. Once you click on the extension, it will automatically scan the website and apply promo code to the cart if any.

With a couple of clicks, you will be able to save money either by getting the best coupon code or the best possible deal from another website.

The best thing about Honey is that every coupon code works. Unlike other websites, where you have to copy-paste the code and check whether it’s working or not.

Honey App Features

Apart from coupons and promo codes, there are some other features also which you should consider while using Honey.

Submit your own coupon codes: If you have coupon codes for other websites, let say shopclues.com, then let Honey know of them and if those coupon or promo codes work, Honey will give you points. You can use these points afterward to get more discounts while shopping.

Amazon Deal Tracker: You might know that Amazon coupon codes are product specific, and hence, Amazon deal tracker lets you know better deals within Amazon.

Droplist: If you want to shop for something but not quite ready maybe due to price, you can add it to your “droplist” and Honey will let you know when the product’s price drops. But, Droplist is currently only available on US merchants.

Setting up Honey on the desktop browser is way simpler, but if you want to use Honey on your mobile phone, then you can download the app. The app is available for both Apple and Android users. You can download the app from the App Store or Google Play Store.

Wrapping Up

If I am not wrong, you, your friends and family shop from eCommerce sites for various occasions (or without), that’s where Honey helps you to save a lot of time and money by just installing its extension on your browser.

According to the LA Times, “Honey users save an average of $32 a month”. And, you are saving this much amount of money by just installing an extension.

Have you used the Honey app? If yes, please share your experience in the comment section below.

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