Honey is a legitimate coupon-finding tool owned by PayPal that works as advertised for shoppers. However, it collects significant shopping data, and a 2024 investigation revealed it may hijack affiliate links from content creators. For consumers it's functional but not without privacy trade-offs.
Honey is a browser extension that automatically finds and applies coupon codes when you shop online. Founded in Los Angeles in 2012, it was acquired by PayPal in 2020 for approximately $4 billion — at the time one of the largest acquisitions in PayPal's history. The extension works across millions of websites and has tens of millions of users globally. For consumers who simply want discounts applied automatically at checkout, the tool does function as described for a large range of UK and international retailers.
The caution rating reflects two important concerns that consumers should be aware of. First, the extension has broad permissions that allow it to read your activity on all websites where you shop. This shopping data is collected and shared with PayPal for its own commercial purposes, including targeted advertising and user profiling. This is disclosed in the privacy policy but many users are unaware of the extent of data sharing. If data privacy is important to you, this is a meaningful consideration.
Second, a detailed 2024 investigation by the YouTube creator MegaLag found evidence that Honey was inserting its own affiliate tracking in place of existing affiliate links — including links from content creators and deal-finding websites who earn commissions when users make purchases via their recommendations. This effectively means Honey was claiming affiliate commissions it had not earned. PayPal disputed some of the investigation's conclusions, but the episode significantly damaged trust in the product among the creator community. For consumers directly, Honey generally delivers on its promise of finding discounts, but you should be comfortable with the data trade-off before installing it.