Rakuten and Honey are two popular shopping apps that help users save money while shopping online. Both apps provide users with cashback rewards, coupon codes, and other savings opportunities. However, there are some key differences between the two that users should be aware of when deciding which one to use.
Rakuten, formerly known as Ebates, is focused primarily on cashback rewards. Users can earn cashback on purchases made through the app at a wide variety of retailers. Honey, on the other hand, is more focused on coupon codes and finding the best deals for users. It automatically applies coupon codes at checkout to help users save money.
While both apps have their strengths, the best choice for users ultimately depends on their personal shopping habits and preferences. In this article, we will take a closer look at the differences and similarities between Rakuten and Honey to help users make an informed decision on which one to use for their next online shopping trip.
Overview of Rakuten and Honey
Rakuten and Honey are two popular money-saving platforms that offer similar services to help shoppers save money. Both platforms allow users to earn cashback rewards and find discounts and coupon codes for online shopping. However, there are some key differences between the two platforms that may make one more appealing than the other depending on the user’s needs.
Rakuten, formerly known as Ebates, is a cashback website that partners with thousands of retailers to offer cashback rewards to its users. Rakuten offers cashback on purchases made through its platform, and users can earn anywhere from 1% to 40% cashback depending on the retailer and the product. Rakuten also offers a browser extension that alerts users to available cashback offers when they visit a partner retailer’s website.
Honey, on the other hand, is a browser extension that automatically searches for and applies coupon codes at checkout. Honey also offers a cashback program called Honey Gold, which allows users to earn points that can be redeemed for gift cards. Honey Gold offers cashback rewards on purchases made through its platform, and users can earn up to 20% cashback depending on the retailer and the product.
Overall, both Rakuten and Honey offer valuable services to help shoppers save money. Rakuten is best for users who want to earn cashback rewards on their purchases, while Honey is best for users who want to find and apply coupon codes automatically at checkout.
Similarities Between Rakuten and Honey
Cash Back Offers
Both Rakuten and Honey offer cash back rewards to their users. Rakuten provides cash back for purchases made through their website or app, while Honey offers cash back for purchases made through their browser extension. Both platforms have partnerships with a wide range of retailers, allowing users to earn cash back on purchases from popular stores.
Partnership With Major Retailers
Rakuten and Honey both have partnerships with major retailers such as Amazon, Walmart, and Macy’s. This allows users to earn cash back on purchases from these retailers, as well as many others. Both platforms also offer deals and discounts on products from these retailers, further increasing the potential for savings.
User Experience
Both Rakuten and Honey offer a user-friendly experience for their users. Rakuten’s website and app are easy to navigate, and they provide helpful information about cash back offers and deals. Honey’s browser extension is also easy to use, and it automatically applies coupon codes at checkout to help users save money.
Mobile App Availability
Both Rakuten and Honey offer mobile apps for iOS and Android devices. This allows users to easily access cash back offers and deals while on the go, making it even more convenient to save money.
In summary, Rakuten and Honey have several similarities, including offering cash back rewards, partnerships with major retailers, a user-friendly experience, and mobile app availability. While there are differences between the two platforms, these similarities make them both valuable tools for saving money while shopping online.
Differences Between Rakuten and Honey
When it comes to saving money while shopping online, Rakuten and Honey are two of the most popular options available. While both services aim to help consumers save money, there are some key differences between them.
Methods of Earning
One of the main differences between Rakuten and Honey is the way they help consumers earn savings. Rakuten primarily offers cashback rewards on purchases made through their service, while Honey focuses on providing coupon codes and free gift cards.
Rakuten’s cashback rewards can range from 1% to as high as 40% depending on the retailer and the product category. On the other hand, Honey offers a wide variety of coupon codes that can be applied during checkout to receive discounts on purchases.
Availability and Market Reach
Another difference between Rakuten and Honey is their availability and market reach. Rakuten is available in multiple countries, including the United States, Canada, Japan, and more. In contrast, Honey is primarily available in the United States, although it has recently expanded to other countries.
Additionally, Rakuten has partnerships with over 2,500 retailers, including popular brands like Walmart, Macy’s, and Amazon. Honey also partners with many retailers, but its selection is not as extensive as Rakuten’s.
Affiliate Marketing Approach
Rakuten and Honey also differ in their approach to affiliate marketing. Rakuten operates as an affiliate marketing network, which means it earns a commission for every sale made through its platform. Rakuten then passes on a portion of that commission to the consumer in the form of cashback rewards.
Honey, on the other hand, operates as a browser extension that automatically applies coupon codes during checkout. Honey earns a commission from retailers for each sale made using its coupons.
Customer Support
Finally, customer support is another area where Rakuten and Honey differ. Rakuten offers customer support through phone and email, as well as an extensive help center with articles and FAQs. Honey, on the other hand, primarily offers support through email and its help center.
Overall, while both Rakuten and Honey aim to help consumers save money while shopping online, they differ in their methods of earning savings, availability and market reach, affiliate marketing approach, and customer support.
User Reviews and Feedback
When it comes to choosing between Rakuten and Honey, user reviews and feedback can be very helpful. Both platforms have their own strengths and weaknesses, and it’s important to hear from real users to get a better understanding of what to expect.
Many users praise Rakuten for its high cashback rates and ease of use. According to some reviews, Rakuten offers some of the highest cashback rates in the market, making it a great choice for those who want to save money on their online purchases. Users also appreciate Rakuten’s user-friendly interface, which makes it easy to find deals and earn cashback.
On the other hand, Honey is often praised for its coupon code feature. Many users find that Honey’s coupon codes help them save money on their purchases, especially when shopping on popular e-commerce platforms like Amazon. Honey’s user interface is also user-friendly, allowing users to easily find and apply coupon codes.
However, some users have reported issues with Honey’s coupon codes not working or being invalid. Others have reported that the cashback rates offered by Honey are lower than those offered by Rakuten. Despite these issues, many users still find Honey to be a useful tool for saving money online.
Overall, user reviews and feedback can be a helpful tool when deciding between Rakuten and Honey. While both platforms have their own strengths and weaknesses, it’s important to consider your own shopping habits and needs before making a decision.
Rakuten or Honey – Which One Should You Choose?
Both Rakuten and Honey are excellent apps for saving money on your purchases. While Rakuten offers a higher reward percentage on cashback, Honey provides a wider selection of coupons for various stores.
If you frequently shop from your smartphone and want to centralize your deals, Honey is the better mobile app. However, as an independent app, Rakuten has more functionality and exclusive deals.
It is also worth noting that Rakuten has a nifty comparison feature that notifies you with better prices than the current retailer you are shopping at. On the other hand, Honey has a user-friendly interface that makes it easy to use and navigate.
Ultimately, the choice between Rakuten and Honey depends on your personal preference and shopping habits. If you want to maximize your savings on cashback, Rakuten may be the better choice. If you prefer a wider selection of coupons and a user-friendly interface, Honey may be the better option.
Regardless of which app you choose, both Rakuten and Honey are great tools for saving money on your purchases. So, be sure to download and use them the next time you go shopping to get the most out of your money.