Is PayPal Honey Really Free?
PayPal Honey is indeed a completely free service that allows users to save money and earn rewards while shopping online, with no fees or investments required. By using Honey Gold, its rewards program, members can earn an average annual savings of $126, making it a valuable tool for online shoppers.
What is PayPal Honey?
PayPal Honey is a suite of online shopping tools that helps customers discover deals and earn rewards while shopping at participating sites, and it is now part of the PayPal family.
Frequently Asked Questions
1. How Does PayPal Honey Make Money?
Honey makes commissions from its merchant partners when a member uses Honey to find available savings or to activate PayPal Rewards.
2. Is PayPal Honey the Same as PayPal?
Honey is a suite of online shopping tools that have been part of the PayPal family for several years, helping customers discover deals and earn rewards while shopping at participating sites.
3. Is Honey a Scam?
No, Honey is not a scam, with over 17 million members and owned by PayPal, one of the world’s leading digital payments platforms.
4. Should You Link Honey to PayPal?
Linking Honey to PayPal can help you earn points each time you shop with eligible retailers using the Honey extension, helping you to earn both PayPal Rewards points and Honey offers.
5. How Much Does PayPal Pay for Honey?
PayPal acquired Honey for approximately $4 billion, recognizing the value of its web browser extension and rewards program.
6. What is the Difference Between Honey and PayPal Honey?
PayPal Honey is a suite of online shopping tools that helps members save money and earn redeemable rewards, with the same features as Honey, but with the added benefit of being part of the PayPal family.
7. How Long Does PayPal Honey Take?
PayPal Rewards transactions post as pending on your Activity page within 2-14 days of your purchase, and PayPal Rewards points will remain pending for approximately 60-90 days until your purchase is confirmed by the merchant.
8. How Does Honey Pay Out?
Honey passes some of its earnings back to its members in the form of PayPal Rewards, its free rewards program, making it a win-win for members and the company.
9. Is Honey to be Trusted?
Yes, Honey is safe to use and free, with over 17 million members and owned by PayPal, one of the world’s leading digital payments platforms.
10. Does Honey Work with Amazon?
Yes, Honey works with Amazon, comparing sellers to find a seller with a lower price, even if that seller isn’t the first one you see.
11. How Do I Unlink My PayPal from Honey?
To unlink your PayPal from Honey, you need to contact the Honey team at support@honey.com to disconnect your rewards accounts.
12. How Many People are on PayPal Honey?
Honey has 17 million active monthly users and works with more than 30,000 online retailers of many types.
13. Why is PayPal Honey on My Browser?
PayPal Honey is a free browser extension that searches for some of the best deals on the internet, automatically searching for and testing available coupon codes at checkout on 30,000+ popular sites.
14. What Happened to PayPal Honey?
PayPal acquired Honey in 2020 for approximately $4 billion, recognizing the value of its web browser extension and rewards program.
15. How Do I Use My PayPal Honey Rewards?
To redeem your PayPal Honey rewards, go to your Account page, tap PayPal Rewards, and select the store of your choice, then choose the amount of points you’d like to redeem, and finally, confirm your selections.