Honey is one of the best ways to get started with cashback shopping and online coupons. It packs everything you need into an extension that you can install on Chrome, Firefox, Safari, or Opera. The extension will notify you if you are at a website that offers cashback (rewarded as Honey Gold which you can trade for gift cards to Amazon/Walmart). It will also list coupons that you can copy/paste from the extension.

One interesting feature is that the amount of cashback they give is a surprise. For instance, at Banana Republic you will earn between 0.1% and 5% of your purchase price. This differs from the traditional way of giving a set percentage, like how Ebates does. At Ebates, the cashback is set at 2% for Banana Republic.

Another feature Honey offers is something called their Drop List. The service embeds new buttons on Amazon product pages. Using these buttons, you can have Honey monitor the price of the item and e-mail you if the price drops in the next 30 days.

You can also earn money with Honey using their tell-a-friend feature. They give you a custom link and if you can convince any of your friends to sign up with the link and make a purchase then you’ll make $5.