Rocket Money Review
By Itai Varochik | Last updated February 1, 2026
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Our Verdict
Rocket Money pays for itself quickly by finding forgotten subscriptions and negotiating lower bills. The average $740/year in savings far exceeds the Premium cost, making it one of the highest-ROI financial apps available.
GetASearch Score: 8/10
Rating: 4/5 (1234 reviews)
Pros
- Average user saves $740/year
- Automatic subscription detection and cancellation
- Bill negotiation team (pay only if they save you money)
- Clean, intuitive mobile interface
- Credit score monitoring (Premium)
- Smart savings automation
Cons
- Premium costs $4-$12/month
- Bill negotiation takes 30-60% of first year savings
- Free tier limited to subscription tracking
- No investment tracking
- Some subscriptions harder to cancel than others
Score Breakdown
| Criteria | Score |
|---|---|
| Features | 7.5/10 |
| Ease of Use | 9.0/10 |
| Value for Money | 8.0/10 |
| Customer Support | 7.0/10 |
| Overall | 8.0/10 |
What is Rocket Money?
Rocket Money (formerly Truebill) is the leading subscription management and bill negotiation app, helping users save an average of $740/year by canceling forgotten subscriptions and negotiating lower bills. Acquired by Rocket Companies (parent of Rocket Mortgage) in 2022, the app now serves 5+ million members. The free tier identifies all your subscriptions by scanning bank and credit card transactions, displaying them in a simple dashboard with monthly costs. You can cancel unwanted subscriptions directly through the app - Rocket Money handles the cancellation process for you, including dealing with retention departments. Premium ($4-$12/month) adds bill negotiation, where Rocket Money's team contacts your service providers (cable, internet, phone, insurance) to negotiate lower rates. They charge 30-60% of the first year's savings as a fee, but only if they succeed. Premium also includes credit score monitoring, custom budgets, and smart savings (automatic transfers to savings). The budgeting tools categorize spending, track net worth, and send alerts when bills are due or spending exceeds thresholds. The interface is clean and mobile-first, making it easy to manage finances on the go. Rocket Money is best for people who subscribe to multiple services and suspect they're overpaying for utilities and recurring bills.
Rocket Money Features
| Feature | Available | Description |
|---|---|---|
| Bill Negotiation | Yes | Negotiate lower bills |
| Subscriptions | Yes | Find and cancel subscriptions |
Rocket Money Pricing
Free – $12/mo
Best For
- Subscription-heavy consumers
- People overpaying for utilities
- Those wanting automated savings
- Budget-conscious individuals
Not Ideal For
- Those with few subscriptions
- People who prefer manual budgeting
- Users wanting investment tracking
- Those unwilling to share bank login
Final Verdict
Rocket Money pays for itself quickly by finding forgotten subscriptions and negotiating lower bills. The average $740/year in savings far exceeds the Premium cost, making it one of the highest-ROI financial apps available.
Frequently Asked Questions
Is Rocket Money safe?
Yes, Rocket Money uses bank-level 256-bit encryption and is backed by Rocket Companies (a Fortune 500 company). They use Plaid for secure bank connections.
How much does Rocket Money save?
The average user saves $740/year through subscription cancellations and bill negotiations. Results vary based on your spending habits.
Is Rocket Money free?
The free tier identifies subscriptions and lets you cancel them. Premium ($4-$12/month) adds bill negotiation, budgeting, credit monitoring, and smart savings.
How does bill negotiation work?
Rocket Money's team contacts your service providers to negotiate lower rates. They only charge 30-60% of the first year's savings if successful - no savings, no fee.