What Is Capital One Shopping and How Does It Work

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Credit: pexels.com, Black and white photo of a high-rise and Capital One Bank in Hoboken, NJ.

Capital One Shopping is a free tool that helps you save money and time while shopping online. It's a browser extension that works with popular retailers to provide discounts and cash back.

To get started, you need to install the Capital One Shopping browser extension, which is available for Chrome, Firefox, and Edge. Once installed, it will automatically apply available discounts to your cart at checkout.

Capital One Shopping works with over 15,000 online retailers, including big names like Amazon, Walmart, and Target.

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What is Capital One Shopping?

Capital One Shopping is a free tool that helps you find the best deals and discounts on the things you want to buy, by automatically applying coupon codes at checkout on participating websites.

It's available as a browser extension and can be easily installed on your computer to start using right away.

Capital One Shopping is integrated with over 15,000 online retailers, including popular brands like Amazon, Walmart, and Best Buy.

You can earn cash back rewards on your purchases, ranging from 1% to 40% depending on the store and product.

By using Capital One Shopping, you can save time and money on your everyday purchases, and even earn rewards on top of that.

Key Features

Credit: youtube.com, Capital One Shopping Review 2023: How I Earned $41.06 in Rewards on My First Purchase!

Capital One Shopping's price comparison tool automatically looks for and displays prices from different online retailers, so you can see where you can buy the item at the lowest price.

This tool considers the total cost, including tax and shipping, so you can see a complete picture of what you'll actually spend.

You can add products to your watchlist and receive updates if the price drops or if there's an applicable coupon.

This feature is helpful if you're not in a hurry to buy something and want to wait for the best possible deal.

Capital One Shopping looks for discounts or other savings you could be missing out on, including rewards that could apply to your order.

It's available on all major browsers, making it easy to use and access.

Capital One Shopping can find out if there are any discounts or rewards that could apply to your order, such as when you have a sweatshirt in your Amazon cart.

A different take: Buy Now, Pay Later

Rewards and Savings

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Capital One Shopping provides rewards in the form of credits that can be redeemed for gift cards at select retailers. This is different from programs like Rakuten, Dosh, and TopCashback, which allow you to earn cash rewards.

You can redeem your Capital One Shopping rewards by selecting "Redeem Now" under the "My Rewards & Savings" tab and choosing from over 50 retailers.

The Capital One Shopping tool can also find discounts for you, giving you points that can be turned into free gift cards.

These points can add up quickly, as the author of Example 4 earned over $47 in reward points without even realizing it.

Here are some popular Capital One cards that can be great options for these types of purchases:

  • Capital One Venture Rewards Credit Card: Earn 2 Capital One miles per dollar spent on every purchase.
  • Capital One Venture X Rewards Credit Card: Earn 2 miles per dollar spent on every purchase.
  • Capital One Spark Miles for Business: Earn 2 miles per dollar spent on every purchase.
  • Capital One Quicksilver Cash Rewards Credit Card: Earn an unlimited 1.5% cash back on every purchase.

Price Protection

Price Protection is a feature that can save you real money. Capital One Shopping has a price protection tool that actively looks out for price drops on items you've purchased.

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This feature sends you a price drop alert if there's a decrease in price, so you don't have to keep track of prices yourself. For example, if you buy a sweater for $50 and it goes on sale for $25, you'll get an email about the price drop.

You can then email or call the store to ask for a refund for the difference in price. They may not always give you a refund, but it doesn't hurt to ask!

Here are some key points to keep in mind about Capital One Shopping's price protection feature:

  • Capital One Shopping tracks price changes on specific products.
  • Price drop alerts are sent to you via email.
  • You can request a refund for the price difference from the store.

By using the price protection feature, you can potentially save money on items you've already purchased.

Rewards Points

You can earn Capital One Shopping credits in your account, similar to cash back or points, as you browse and buy from online stores linked with Capital One Shopping.

These credits can be traded for gift cards at select retailers, including Macy's, Columbia, Cabela's, Nike, Athleta, Old Navy, eBay, T.J.Maxx, DoorDash, Barnes & Noble, Sephora, Lowe's, and more.

African American woman using laptop and credit card for online shopping at home.
Credit: pexels.com, African American woman using laptop and credit card for online shopping at home.

You can see your reward points by clicking over to the Rewards & Savings tab once you're signed into Capital One Shopping.

There are currently over 50 retailers to choose from when redeeming your rewards for gift cards.

You can earn Capital One Shopping credits while you shop, and use those credits for gift cards.

Capital One Shopping credits can be redeemed for gift cards in whole dollar amounts only.

To redeem your rewards, select "Redeem Now" under the "My Rewards & Savings" tab, and then choose your gift card options.

Capital One Shopping rewards can't be redeemed as straight cash-back, but instead can be redeemed for gift cards.

Here's a list of some of the retailers you can choose from when redeeming your rewards:

  • Macy's
  • Columbia
  • Cabela's
  • Nike
  • Athleta
  • Old Navy
  • eBay
  • T.J.Maxx
  • DoorDash
  • Barnes & Noble
  • Sephora
  • Lowe's

You can also purchase a gift card in an amount that's higher than your earned rewards by paying the difference with a credit card.

Difference Between Offers

Capital One Shopping offers can vary drastically depending on how you access them, with different offers available through email links, the browser extension, or the website.

Credit: youtube.com, How to Use Capital One Shopping App (Full 2024 Guide)

You can get targeted offers based on your search history through email, which can be a great way to earn cash-back rewards.

The offers available through the browser extension can be significantly higher than those offered through email, as seen in the example of a 24% reward offer for Macy's compared to a 12% offer sent via email.

The offers on the Capital One Shopping website can be lower than those offered through the browser extension, as seen in the example of a 2.5% reward offer for gift cards at Macy's.

Capital One Shopping will send you targeted offers based on your search history, so be sure to pay close attention to these offers as they can sometimes be better than the offers available through the browser extension or website.

You can access Capital One Shopping offers in three main ways: through the website, through targeted email offers, and through the browser extension.

Tips for Using the Coupon App

Credit: youtube.com, How To Add Capital One Shopping To Safari (Step-by-Step)

Using the Capital One Shopping Coupon App can be a game-changer for savvy shoppers. Here are some tips to get the most out of it.

First, use price tracking to get the best deals possible. Capital One tracks price changes on specific products, including airfare, so it's helpful to monitor a price to get the best deal.

To save even more, check out the price comparison feature. When you find a deal on Amazon, use Capital One Shopping to check if the same item is cheaper from another online store.

It's also essential to carefully double-check price comparison deals. The price comparison feature is a great way to save money, but make sure the deal remains when you navigate to a new retailer.

If you use Capital One Shopping a lot, take advantage of Capital One Shopping Credits. You can select OK on the notification when shopping at Walmart, Macy's, or other retailers to use the credits to score free stuff through Capital One Shopping.

Check this out: Seller Financing Deals

Credit: youtube.com, How to Use Capital One Shopping Extension & Get 40% Off (SIMPLE & Easy Guide!)

The companion app is also worth exploring, especially if you have an iPhone or iPad. It uses augmented reality to show how appliances and other items will look in your home.

Here are some key features to keep in mind:

  • Price tracking: Capital One tracks price changes on specific products, including airfare.
  • Price comparison: Check if the same item is cheaper from another online store.
  • Capital One Shopping Credits: Select OK on the notification to use the credits.
  • Companion app: Uses augmented reality to show how items will look in your home.

Competitors

Capital One Shopping isn't the only game in town when it comes to couponing apps. Its biggest competitor is Honey, a browser extension that finds and applies coupons, as well as offering cashback through its rewards program.

Honey and Capital One Shopping work similarly, but there are other options out there. The Camelizer, for example, is a browser extension that specializes in tracking prices and finding deals on Amazon.

RetailMeNot is another established couponing site that's been around for a while. It's geared towards savvy shoppers who prefer to sift through deals manually.

Dealspotr is a crowd-sourced couponing site that promises more valid codes than other sites. It's a good option for those who want to maximize their savings.

Here are some of the competitors to Capital One Shopping:

  • Honey: Offers cashback through its rewards program
  • The Camelizer: Specializes in tracking prices and finding deals on Amazon
  • RetailMeNot: Geared towards savvy shoppers who prefer to sift through deals manually
  • Dealspotr: Crowd-sourced database of coupons

vs

Credit: youtube.com, Capital One Shopping vs. Honey | Which Browser Extension Saves More Money?

Capital One Shopping and PayPal Honey are two tools designed to help you save money while shopping online. Both can be accessed directly in your web browser or on your phone.

Capital One Shopping and PayPal Honey have their own reviews, which can help you decide which one is worth it. You can check out my in-depth reviews on Capital One Shopping Review: Is It Worth It? and PayPal Honey Review.

Capital One Shopping and PayPal Honey are designed to help you save money easily while shopping online. They're both tools that can make a big difference in your wallet.

Here's a quick comparison of the two:

  • Capital One Shopping and PayPal Honey are both designed to help you save money while shopping online.
  • Both tools can be accessed directly in your web browser or on your phone.

Capital One Shopping and PayPal Honey are two tools that can help you save money while shopping online, and it's worth taking a closer look at each one to decide which one is right for you.

Frequently Asked Questions

Is it safe to add Capital One Shopping?

Yes, Capital One Shopping is a legitimate and trusted service with a 5-star rating from over 9,000 reviewers, making it a safe addition to your online shopping experience.

How much does Capital One Shopping cost?

Capital One Shopping is completely free to use. No hidden fees or charges, just a service dedicated to helping you save time and money.

Alfred Blanda

Senior Writer

Alfred Blanda has carved out a niche for himself in the realm of banking information, offering readers clear, concise, and comprehensive insights into the financial sector. His articles are known for their depth and clarity, making complex financial concepts accessible to a wide audience. With a keen eye for detail and a passion for educating, Blanda continues to be a trusted voice in financial journalism.

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