For Consumers, the real problem is:

1. Honey does not give you the 'best' discount as it promises. It was revealed it has contracts with retail websites to give lower value coupons than you can get elsewhere, and also suppresses the higher value ones.

2. It creates price inflation - even if Honey states "no deals could be found" - after you click on the box to close it, it then attempts to charge the retailer a minimum of 3% commission on the sale. These retailers then have to pass that extra cost onto consumers to maintain their profit margins.

3. 99% of the time, my experience with honey is that it cycles through a bunch of fake/non-working discount codes pretending to find me a discount and failing to do so. What its really doing is trying to insert its own referral code so that they get paid.

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