Rocket Money App Review: Savings Savior or Budget Bust?

Rocket Money, formerly known as Truebill, promises to be your one-stop shop for effortless financial management. But does this app live up to the hype? Let's delve into its features, pros and cons, and see if it truly ignites your financial rocket.

Rocket Money App Review

Pros of Rocket Money:

Bill Negotiation Powerhouse: 

Rocket Money shines brightest in its bill negotiation feature. The app automatically identifies recurring bills and negotiates lower rates with providers, potentially saving you hundreds annually. This service alone justifies the subscription for many users.

Comprehensive Budgeting: 

The app provides basic budgeting tools like income and expense tracking, goal setting, and spending categorization. While not the most robust, it offers a decent starting point for financial awareness.

Bill Tracking and Calendar: 

Rocket Money conveniently aggregates all your bills in one place, including due dates and account numbers. This centralized view eliminates the need for juggling multiple bills and subscriptions.

Credit Score Tracking: 

Keep tabs on your credit score and get personalized tips for improvement directly within the app. This feature is helpful for those actively building or maintaining good credit.

Multiple Platform Accessibility: 

Access your financial data and manage your budget seamlessly across desktop, web, and mobile platforms. This flexibility caters to various user preferences.

Rocket Money App Review

Cons of Rocket Money:

Pay-What-You-Wish Pricing: 

While seemingly generous, the "pay-what-you-wish" pricing model can be confusing and potentially lead to users undervaluing the service. A clearer pricing structure might be more beneficial for both the company and users.

Limited Free Version: 

The free version offers a basic overview of your finances but lacks many valuable features like bill negotiation and advanced budgeting tools. This can feel like a bait-and-switch for users seeking comprehensive financial management.

Learning Curve: 

The app interface can be overwhelming for first-time users, with a multitude of features and options. More intuitive navigation and streamlined onboarding might improve user experience.

Limited Account Integrations: 

While Rocket Money supports a wide range of financial institutions, some smaller banks and credit unions might not be included, limiting its reach for some users.


Rocket Money is a powerful tool for those seeking to save money and gain control of their finances. Its bill negotiation service alone makes it worthwhile for many users. However, the limited free version, confusing pricing model, and learning curve might deter some. If you're a tech-savvy individual seeking significant cost savings, Rocket Money could be your financial rocket booster. But if you're a budget-conscious beginner or prefer a simpler interface, other options might be a better fit.

Rocket Money App Review

Frequently Asked Questions about Rocket Money App:

What is Rocket Money?

Rocket Money is like a helpful financial companion in your pocket. It’s an app that dives into your spending habits, tracks your expenses, spots where you can save money, and even goes the extra mile to negotiate better deals on your bills.

Is Rocket Money free? Is It safe?

You might wonder if it's free - well, it can be. There's a basic version that won't cost you a dime, but to unlock the full suite of perks, you'd opt for a subscription ranging from $3 to $12 a month. And what about safety? Rocket Money takes your financial security seriously, using top-notch protection measures to safeguard your data.

What platforms does Rocket Money work on?

Compatibility-wise, it plays well with web, Android, and iOS platforms, making it accessible to most users.

Ever wondered how it digs out your subscriptions? 

By scanning through your bank records and accounts, it's like a subscription detective, finding those pesky recurring payments automatically.

Now, can it get rid of those subscriptions you no longer need?

Absolutely! With the Premium version, Rocket Money can do the legwork to cancel them for you. But it doesn't stop there. This app rolls up its sleeves and contacts your service providers to haggle for better rates on your behalf - think of it as your personal negotiator for cable, internet, and other services.

On the budgeting front, it offers tools to track your income, expenses, and goals, along with neat features like rounding up your spare change and smart savings tricks. Concerned about your credit score? The Premium version has your back, keeping tabs on your score and offering tailored tips to build it up.

Linking your bank accounts? 

Easy peasy. Rocket Money uses secure connections to get you hooked up without a hitch. And hey, if you want to tweak your subscription price later or cancel anytime without penalties, they’ve got your back.

Now, is Rocket Money the ultimate financial app? 

Well, that’s a subjective call. It shines in bill negotiation and subscription management, but there might be other apps out there with stronger budgeting or investment tools. As for its worth, it depends on how much you’d use its features and value its benefits. If subscriptions are overwhelming or you’re keen on slashing bills, testing out the free version or snagging the 7-day Premium trial might be worth a shot.

Curious for more? Their website, Help Center, or their support team are great places to dig deeper into what Rocket Money can do for you. If you’ve got more questions, fire away!


Hi, I'm a tech blogger and app reviewer! Passionate about gadgets & apps, I dissect features & user experiences to deliver insightful reviews. Join me in exploring the evolving tech world!

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