Capital One Shopping: Review of the Only Rewards App I Use
Review
Updated
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Capital One Shopping is the only coupon-rewards app I use. Downloading the free extension has earned me $40 in four months, mostly through sign-up bonuses. My favorite part is you can earn while shopping as usual, no need to shop through a clunky portal. I'll cover when the popular shopping app can save you money, and where it falls short.
Capital One Shopping is a free web browser tool that finds you the best online coupons and prices. Formerly known as Wikibuy, it was purchased by Capital One and rebranded as Capital One Shopping.
The web application searches over 30,000 online retailers to find the best deals. To use Capital One Shopping, download the browser extension (available on Google Chrome, Mozilla Firefox, Microsoft Edge, and Safari) or download the mobile app, available for iOS and Android.
Then, the app can save you money in three ways:
There's no fee to use or install Capital One Shopping. Instead, you give it access to your browsing data. If you're OK with trading data for deals, then it's worth the exchange.
Unlock personalized deals by shopping online as normal, but with the Capital One Shopping extension installed. Personalized deals show you products you viewed and offer you shopping credits for buying them. Think 6% back on a UNIQLO shirt you passed over last week.
The Capital One Shopping extension will show you available coupon codes that could save you money. If you allow it, the extension will attempt to apply all the codes automatically.
You can earn shopping credits through Capital One Shopping. When you visit affiliated retailer websites, you can earn a percentage of your purchase in shopping credits. You can redeem them for gift cards to popular retailers.
Make sure you're getting the best account for you by comparing savings rates and promotions. Here are some of our favorite high-yield savings accounts to consider.
| Account | APY | Promotion | Next Steps |
|---|---|---|---|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
up to 3.80%²
Rate info
You can earn the maximum APY by having Direct Deposit (no minimum amount required) or by making $5,000 or more in Qualifying Deposits every 30 days. See SoFi Checking and Savings rate sheet at: https://www.sofi.com/legal/banking-rate-sheet.
Min. to earn: $0
|
New customers can earn up to a $300 bonus with qualifying direct deposits!¹
|
Open Account for SoFi Checking and Savings
On SoFi's Secure Website. |
Open Account for CIT Platinum Savings
On CIT's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
4.10% APY for balances of $5,000 or more
Rate info
4.10% APY for balances of $5,000 or more; otherwise, 0.25% APY
Min. to earn: $100 to open account, $5,000+ for max APY
|
Earn a bonus of at least $225 after a one-time deposit of $25,000+.
Transfer a one-time deposit of $25,000-$49,999.99 for a bonus of $225. Transfer a one-time deposit of $50,000+ for a bonus of $300. Account must be opened with code PS2025 while this promotion lasts, and funded within 30 days. Bonus will be fulfilled within 60 days from the funding date. There is no period of time where the customer will be required to maintain the funds. Account must be open when bonus is credited. One bonus per account and primary customer. Bonus will be credited into the Platinum Savings Account that fulfills the funding requirement. Funding can be deposited all at once or incrementally.
|
Open Account for CIT Platinum Savings
On CIT's Secure Website. |
Open Account for American Express® High Yield Savings
On American Express's Secure Website.
Rating image, 4.00 out of 5 stars.
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
3.70%
Rate info
3.70% annual percentage yield as of April 11, 2025. Terms apply.
Min. to earn: $0
|
N/A
|
Open Account for American Express® High Yield Savings
On American Express's Secure Website. |
SoFi disclosure:
¹ New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/26. See full bonus and annual percentage yield (APY) terms at sofi.com/banking#1.
² SoFi members who enroll in SoFi Plus with Direct Deposit or by paying the SoFi Plus Subscription Fee every 30 days or with $5,000 or more in Qualifying Deposits during the 30-Day Evaluation Period can earn 3.80% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Direct Deposit amount required to qualify for the stated interest rate. Members without either SoFi Plus or Qualifying Deposits, during the 30-Day Evaluation Period will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Only SoFi Plus members are eligible for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. See the SoFi Plus Terms and Conditions at https://www.sofi.com/terms-of-use/#plus.
³ We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at sofi.com/legal/banking-fees/.
⁴ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations.
Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.
⁵ We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees incurred when using out-of-network ATMs are not subject to reimbursement. SoFi’s ATM policies are subject to change at our discretion at any time.
⁶ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
⁷ Overdraft Coverage is limited to $50 on debit card purchases only and is an account benefit available to customers with direct deposits of $1,000 or more during the current 30-day Evaluation Period as determined by SoFi Bank, N.A. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the“30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Members with a prior history of non-repayment of negative balances are ineligible for Overdraft Coverage.
All rewards are shopping credits.
If Capital One says you get $60 back on a product, it means you get $60 back you can apply to gift cards through the rewards portal. Kind of misleading, but there you have it. Don't expect cold, hard cash deposited into your checking account.
Capital One Shopping often offers coupon codes that fail to apply.
For example, if the code is for 10% off your order of $50 or more, it won't work if you only have $40 worth of goods in your shopping cart. There are also times when you might run into expired coupon codes. I've had the extension promise me $1 on DoorDash purchases, only to check the app later and find out the rewards were deemed as "invalid." Whomp whomp.
App pop-ups can make shopping more unpleasant.
You'll see Capital One Shopping pop up anywhere that sells merchandise online. Sometimes, you're just window shopping online and don't want extra pop-ups on your screen. It slows things down, and for what? Well, the money, that's what. But it's not always about that.
Capital One Shopping is free to use, regardless of whether you're a Capital One credit card or banking customer. You can download and use the app and web extension for free anytime. Sometimes, Capital One Shopping even pays you for downloading it. I earned $10 for adding the mobile extension and $30 just for signing up.
The Capital One Shopping app has strong mobile reviews, with caveats. Many reviewers confuse the shopping app for Capital One's other services. A fair bit seems spammy, too. The most relevant reviews cite not earning promised payouts, and not actually earning anything through the app.
Capital One Shopping offers a mobile app, a desktop platform, and a browser extension. I use the extension, only navigating to the app and the desktop platform to check rewards (and occasionally, personalized deals).
Capital One Shopping offer screen. Image source: Capital One Shopping, captured by author.
Capital One Shopping stats screen. Image source: Capital One Shopping, captured by author.
Capital One Shopping is reasonably safe to use. It doesn't ask you to provide sensitive information, and you can log in with your Google or Capital One account. It does collect a lot of data for its own use, but it doesn't let partners use that data to market their products to you.
If you want an app that earns cash back: Rakuten is a money-saving app that helps you earn cash back for online purchases. Depending on your rewards preference, you may want to stick with Capital One Shopping and redeem rewards for gift cards.
If you want an app that rewards in-person shopping: Fetch is another app that earns rewards, but includes in-person shopping at physical stores. The app lets you scan store receipts and e-receipts to earn valuable rewards you can redeem for gift cards and more. But if you don't shop in person much, Capital One Shopping may be a better choice.
No. Capital One Shopping is available to everyone, including those who don’t have a Capital One credit card or bank account. You can use it by simply downloading the browser extension or the mobile app.
Capital One Shopping is a free browser extension that searches for coupon codes and allows you to earn rewards while shopping online. You can also use the Capital One Shopping website to search for the best deals available.
Most rewards will become available within 30 to 90 days of making a purchase to account for returns, cancellations, adjustments, and exclusions. Travel-related rewards may take up to 90 days after the travel has been completed to post to your account.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page.
