5 Best Sites for Electronic Coupons

Savings of as much as 20% or more on an online purchase are just a few clicks away when you use electronic coupons. But where do you get these so-called "coupons?"

There are thousands of electronic coupon sites you can choose from. Typing "(the store name) coupon" into Google (Stock Quote: GOOG) will likely yield you thousands of hits, but not all coupon sites are the same. Some sites have a limited supply of working coupon codes and are a total waste of time. Others force you to weed through advertisements to find what you want.

Here are 5 of the best sites to look for coupons and what makes them so great:

1. RetailMeNot.com:  This site takes a community-based approach to electronic coupons. Users supply feedback about whether or not a coupon code worked and if there were any strings attached to the offer. Under each coupon the site displays stats on the success rate. This makes it easy to tell which coupons are worth trying and which are not. Many of the coupon codes listed are also user-submitted. Unfortunately, many larger retailers have requested user submissions blocked for their sites.

2. CouponCabin.com:  This site monitors more than 1,200 online stores and has a wide selection of electronic coupons. The staff updates the directory three times a day, so most of the coupons are current. Users can receive a weekly e-newsletter on Mondays to see the best deals for the coming week. In addition to electronic coupons, CouponCabin also offers printable coupons and grocery coupons as well.