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Rocket Money

Rocket Money (formerly Truebill)

Take control of your finances

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Quick Answer

Rocket Money is a personal finance app best known for finding and canceling unwanted subscriptions and negotiating lower bills. Also offers budget tracking, spending insights, and savings automation. Free with premium features from $6-12 per month.

What It Does

Rocket Money connects to bank and credit card accounts to track spending, identify and cancel unwanted subscriptions, negotiate lower bills on your behalf, set budgets, automate savings, monitor credit score, and provide AI-driven spending insights. The subscription cancellation and bill negotiation services are its most distinctive features.

What It Cannot Do

Rocket Money charges a percentage of savings for its bill negotiation service. The premium subscription is required for most valuable features. It cannot invest money, provide tax filing, or offer financial advice. Bill negotiation is US-only.

Who Is It For

US-based individuals who want to reduce monthly expenses by canceling forgotten subscriptions and negotiating lower bills, alongside standard budget tracking. Particularly useful for people who suspect they are overpaying for recurring services.

About Rocket Money

Rocket Money, formerly known as Truebill before being acquired by Rocket Companies in 2021, is best known for its subscription tracking and cancellation service alongside its broader personal finance features. The app connects to financial accounts, automatically identifies recurring subscriptions, and offers to cancel unwanted ones on the user's behalf. It also provides bill negotiation services, budget tracking, savings automation, and spending insights. Rocket Money's AI analyzes spending patterns to identify subscriptions and savings opportunities, making it particularly valuable for users who suspect they are paying for forgotten services.

Pricing and Access

freemium
Free β€” Premium from $6-12/month (pay what you want)

Free tier includes basic tracking. Premium adds bill negotiation, cancellation concierge, and smart savings. Bill negotiation charges 30-60 percent of first year savings.

Platforms

βœ“Web
βœ“iOS
βœ“Android
βœ—Desktop
βœ—Embedded
βœ—API

How AI Works

Hybrid

Founded

2015

Headquarters

Detroit, USA

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