Get our free Benadryl coupon and be eligible to receive a discount. You can reduce your Benadryl cost by up to 75% with our free Benadryl discount card. Bring it to a participating pharmacy near you to save on your prescription medication.Diphenhydramine is an antihistamine that reduces the effects of natural chemical histamine in the body. Histamine can produce symptoms of sneezing, itching, watery eyes, and runny nose. Diphenhydramine is used to treat sneezing, runny nose, watery eyes, hives, skin rash, itching, and other cold or allergy symptoms. Diphenhydramine is also used to treat motion sickness, to induce sleep, and to treat certain symptoms of Parkinson's disease. Diphenhydramine may also be used for purposes not listed in this medication guide.