Capital One Shopping Review: Earn Rewards For Shopping

Capital One Shopping is a mobile app and browser extension that allows you to earn rewards when you shop. It takes the work out of having to look through flyers or shop around for savings. 

But how does Capital One Shopping work, and how does it compare to other shopping rewards apps, such as Rakuten and Honey?

Our full review explore's Capital One Shopping’s features to help you determine if it’s a good fit for your situation.

What Is Capital One Shopping?

Capital One Shopping is a money-making app and browser extension designed to help you find deals before you make a purchase. The tool launched as Wikibuy back in 2014, but has since been rebranded to the current Capital One Shopping rendition.

What Does It Offer?

Let’s take a closer look at what Capital One Shopping has to offer.

Apply Coupon Codes Automatically

Coupon codes help you save money when shopping online. But manually tracking down the appropriate coupon code for an item can take time. I know I’ve spent way too much time going down the rabbit hole to find a coupon code for a specific purchase.

Since installing Capital One Shopping, my checkout process has been much smoother. Instead of hunting down a code manually, the tool automatically runs through a list of possible codes when you ask it to ‘try codes.’ It's a helpful feature that can save you money and time. 

Compare Prices Across Sites

Many websites sell the same exact items, but at varying prices. Capital One Shopping can compare prices across thousands of retailers, to find incredible deals.

It’s especially useful for Amazon shoppers because the tool runs in the background as you browse Amazon products. It typically only takes the tool a few seconds to determine if you can find a better deal elsewhere.

Earn Rewards

Capital One Shopping gives you the chance to earn credits for certain purchases at over 100,000 stores online. As you collect credits, you can redeem them for e-gift cards from retailers that you know and love.

It’s worth pointing out that you’ll need to activate the Shopping Rewards before you make the purchase. Otherwise, you’ll miss out on those rewards. In general, it takes between 30 to 90 days for the Shopping Rewards credits to hit your account.

Price Watch Feature

If you have a specific item in mind, you can set up a price watch to find out when the item goes on sale. When items are on your watch list, you can quickly assess if the price has changed at all. With some patience and luck, you can score some great deals by using this feature. 

Are There Any Fees?

Capital One Shopping is a completely free tool. You won’t have to pay to use this tool to find savings. 

How Does Capital One Shopping Compare?

Capital One Shopping isn’t the only tool you can use to save money. Here’s how it stacks up:

Rakuten is a shopping rewards website that offers cash back on your purchases at select stores. One big difference between Rakuten and Capital One Shopping is that you can redeem your rewards via check or PayPal at the end of every quarter, which is more flexible than the e-gift cards offered by Capital One Shopping.

Honey is yet another browser extension designed to help you find the most lucrative coupon codes without manually searching for them. It also offers a watchlist to help you track prices. Sometimes, you can tap into cash back opportunities, which can be redeemed as gift cards or via PayPal.

How Do I Open An Account?

To sign up with Capital One Shopping, head to capitaloneshopping.com. From there, decide if you want to download the mobile app or the browser extension.

If you opt for the browser extension, you’ll need to install it, which is a very quick process. Once that's done, you can sign up for an account. Be prepared to provide your email address, zip code, and a password. Once you activate the account, you're ready to start shopping with Capital One Shopping. 

Is It Safe And Secure?

Capital One Shopping says that it won’t sell your personal information. However, it’s a good idea to read through the fine print to ensure you are comfortable with how the platform uses and protects your information. 

How Do I Contact Capital One Shopping?

If you need to get in touch with Capital One Shopping, you can email help@capitaloneshopping.com.

The mobile app earned 4.7 out of 5 stars in the Google Play Store and 4.9 out of 5 stars in the Apple App Store. The high scores bode well for a positive experience. On the other hand, the 1.3 out of 5 star rating on Trustpilot (based on 163 reviews as of April 2024) indicates that many customers have had a less than satisfactory experience. 

Is It Worth It?

If you aren’t using a free tool to optimize your shopping experience for a lower price tag, then Capital One Shopping is absolutely worth considering. You can use the free tool to lower your costs when shopping for things you already planned to purchase.

The major downside is that you can only redeem the shopping credits for select gift cards. Make sure to review the list of retailers to confirm you are happy with the gift card selection. If you aren't, consider working with either Honey or Rakuten for online shopping savings because the rewards are available through PayPal.

Check out Capital One Shopping here >>

Capital One Shopping Features