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How Save An Extra $500 Each Year with Money Saving Apps (Rakuten and Honey)



Adds up to big savings

Welcome to the Money-Saving Tips: Rakuten vs. Honey Edition! 🎉 Get ready to dive into the world of cashback, coupon codes, and online shopping hacks with two of the coolest money-saving apps around. With Rakuten and Honey by your side, you'll be slaying the savings game like a pro.

Rakuten: The Online Shopping Champion

Picture this: it’s the late ’90s, the internet is buzzing with possibilities, and in a small office in Japan, Hiroshi Mikitani is brewing up something big ~ a new game-changing e-commerce platform called Rakuten Ichiba. With Rakuten Ichiba leading the charge, small retailers find a digital haven to thrive.

Fastforward to 2014, Rakuten’s empire expands with the acquisition of Ebates, a cashback giant in the U.S. This move spells one thing for shoppers: cashback mania! Now known as Rakuten Rewards, it’s the golden ticket to earning while you shop. With millions of users worldwide, Rakuten is the go-to for savvy shoppers looking to bag some serious savings.

How to use Rakuten

  1. To use Rakuten, you need to sign up for an account on their website or mobile app.
  2. Once logged in, you can search for your desired retailer or browse through available cashback offers.
  3. Click on the retailer’s link within Rakuten to be redirected to their website and complete your purchase as usual.
  4. After making a purchase, Rakuten tracks your order and credits your account with cashback, typically within a few days or weeks.
    You can choose to receive your cashback via PayPal or check. Rakuten also offers a browser extension that notifies you of cashback opportunities when you visit eligible websites.
Sell your gift cards to save money that would've been wasted
How Save An Extra $500 Each Year with Money Saving Apps (Rakuten and Honey) 1

Honey: The Coupon Whisperer

Meanwhile, in sunny Los Angeles, Ryan Hudson and George Ruan are cooking up their own revolution. It’s 2012, and Honey bursts onto the scene, armed with one mission: to make saving money as sweet as honey! Their secret sauce? A browser extension that hunts down coupon codes faster than you can say “discount.”

Fast forward to 2020, and Honey catches the eye of PayPal, who scoops it up for $4 billion. But the Honey magic lives on, helping millions of users nab the best deals on everything from gadgets to groceries.

How to use Honey

  1. To use Honey, you need to install the browser extension, which is available for popular web browsers like Chrome, Firefox, and Safari.
  2. When you shop online and proceed to the checkout page, Honey automatically scans the internet for available coupon codes and applies them to your order.
  3. If Honey finds applicable coupons, it will display them at checkout, allowing you to choose the best one for your purchase.
  4. Additionally, Honey offers a rewards program called Honey Gold, where users earn points (Gold) on eligible purchases. Honey Gold can be redeemed for gift cards from participating retailers.

How to Use Rakuten and Honey Together​

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To maximize your savings, you can use Rakuten to earn cashback on your purchases and Honey to find and apply coupon codes during checkout.

  1. Start by activating Rakuten’s cashback offers for the retailer you want to shop from.
  2. Then, proceed to the retailer’s website through Rakuten’s link and add items to your cart.
  3. When you’re ready to check out, Honey will automatically search for and apply any available coupons to your order.
  4. After completing your purchase, you’ll earn cashback through Rakuten for the total amount spent.
With this approach, you can stack your savings by earning cashback through Rakuten and applying coupons found by Honey, ultimately reducing the overall cost of your purchase.

Saving Hack: Combine with Rakuten and Honey to Save up to $500 Each Year

Did you know that gift cards are an accepted payment method option at most large retail stores?

Gift cards are a payment method and therefore can be combined with Honey promo codes, sale, and external cash back methods like Rakuten. Now, are you aware for cash back gift cards?

Cash back gift cards work by providing you with a percentage of your purchase amount back in the form of rewards.

Start paying with cash back gift cards and you can save up to $500 each year. Moola cash back gift cards offer up to 15% cash back that you can claim on future purchases in the Moola App.


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