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Save Money with Rakuten and Honey

Posted on April 26, 2025April 27, 2025 By Kelly Gilbert 1 Comment on Save Money with Rakuten and Honey

Save money with Rakuten and Honey.

Save Money with Rakuten and Honey

Welcome to Save Money with Rakuten and Honey! Looking to stretch your dollar further while shopping online? Discover the power of Rakuten and Honey, two game-changing tools that help you save money effortlessly! Whether hunting for cashback deals or snagging the best discounts with automatic coupon codes, these platforms make it easy to keep more money in your pocket. In this post, we’ll dive into how Rakuten and Honey work, share tips to maximize your savings, and show why these tools are must-haves for savvy shoppers in 2025!  Here’s how they function and how you can use them effectively:

How Cashback Apps Operate

Affiliate Partnerships: These apps partner with retailers and brands. When you purchase through the app’s portal or activate its browser extension, the retailer pays the app a commission for referring the sale. Sharing Commissions: The app then shares a portion of this commission with you as cashback or rewards. For example, if a retailer pays a $25 commission, the app might give you $5 as cashback and keep the rest as profit. Tracking Purchases: You typically need to shop through the app’s website, mobile app, or browser extension to ensure your purchase is tracked and you earn rewards. Reward Redemption: Once you accumulate enough rewards (usually a minimum threshold), you can redeem them via PayPal, check, gift cards, or account credits, depending on the app.

Rakuten vs. Honey: Key Differences

Rakuten: Focuses on cashback. You must start your shopping journey via Rakuten’s site or extension. Cashback is calculated as a percentage of your purchase and paid quarterly once you reach a minimum threshold (typically $5).

Honey primarily finds and applies coupon codes at checkout for instant savings. It also offers “Honey Gold” points for some purchases, which can be redeemed for gift cards but not direct cash.

How to Use Rakuten and Honey Together to Save Money

You can maximize savings by using both apps:

Activate Rakuten: First, activate Rakuten’s cashback offer for your chosen retailer (through their site or extension). Shop as Usual: Add items to your cart on the retailer’s website. Apply Coupons with Honey: At checkout, let Honey search for and apply the best available coupon codes. Earn Rewards: Complete your purchase. You’ll receive cashback from Rakuten and any coupon savings or Honey Gold from Honey..

Ideally, you can use both: try Honey for coupons, and if none apply, make sure Rakuten is activated for cash back. If a great coupon is found, use it and be happy- if not, at least you get money back.”

Where the Money Comes From:

Retailer Commissions: Retailers pay cashback apps to drive sales. The apps keep a portion of this commission and pass the rest to you as cashback or rewards..

Data Insights: Some apps also monetize anonymized shopping data by selling insights to retailers to help them understand consumer behavior.

Practical Tips:

Always activate the cashback offer before shopping.

Use browser extensions for automatic alerts on eligible sites.

Combine cashback with coupons for maximum savings.

Track your rewards and redeem them before they expire.

Conclusion

Cashback apps like Rakuten and Honey make it easy to save on everyday purchases by sharing retailer commissions with users. Rakuten is best for straightforward cashback, while Honey excels at finding coupons and offering gift card rewards. Using both together can help you maximize your savings on most online purchases.

If you find these tips helpful, don’t forget to comment and share this post with friends and family who love a good deal! For even more ways to save, check out our post on How to Unlock Savings: 6 Must-Know Websites for Local Deals!

This post may contain affiliate links. These affiliate links help support this site. For more information, please see my disclosure policy. Thank you for supporting Midwest Money Savers.

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