How much does Rocket money cost per month? (2024)

How much does Rocket money cost per month?

Our optional Premium Membership provides enhanced features at a price that suits you. These prices can vary at times and across platforms, but in general, members can choose monthly prices between $6-$12 per month. As a new Premium member, you'll receive a 7-day free trial to explore the additional features.

Is Rocket Money app worth it?

Yes, Rocket Money is a legitimate budgeting app that can help you track your spending habits, identify ways to save money and get a better handle on your personal finances. It has a 4.5-star (out of 5) rating on Trustpilot and is accredited by the Better Business Bureau.

Is there a monthly fee for Rocket Money?

Rocket Money does keep several of its most valuable features—including the oft-touted subscription-cancellation concierge—behind a paywall. Fortunately, its fee is on a sliding scale starting as low as $4 per month.

Is Mint or rocket money better?

Mint was a budgeting tool first, allowing users to develop and maintain a customized budget and set and track savings goals. While Rocket Money lets you do these things too, it focuses more on subscription management as a money-saving tool.

Does Rocket Money actually lower bills?

Yes, Rocket Money can really lower your bills when you use its bill concierge service, which is available on a Premium account. Rocket Money has direct relationships with popular cable, cell phone, and internet companies, allowing them to negotiate your bills to a price you're more comfortable with.

Is there a better app than Rocket Money?

ZDNET's key takeaways. I checked out Monarch Money, NerdWallet, Rocket Money, Quicken Simplifi, and YNAB, and Monarch Money, at $99 a year, is my top pick. Pros: Easy to set up, with powerful tools for analyzing your finances and building a budget.

What is the Rocket Money controversy?

The complaint alleges that the manipulative design of Rocket Money's interface and its misleading representations to consumers are unfair, deceptive, and abusive practices under the Dodd-Frank Act. While Rocket Money advertises itself as free, the labyrinthine design of its sign-up process extracts fees from users.

Why is Rocket Money taking my Money?

While Rocket Money is a free app, there are several optional paid services and features that could result in a charge or transfer appearing on your bank or credit card statement: Smart Savings Deposits: These are not charges, but deposits into a Smart Savings account that's tied to your Rocket Money account.

Can I trust Rocket Money?

Is Rocket Money Safe? Rocket Money doesn't store your log-in info. Instead, they link your financial accounts using Plaid, which is a trusted company in the financial tech space. And your smart savings account is held in an FDIC-insured U.S. bank account.

Is Rocket Money easy to cancel?

Easily cancel a subscription by tapping the three dots next to the charge. You'll see how much you'll save per year by canceling the subscription, which you can do by selecting “Cancel for me.” Enter that subscription's login information and click cancel.

Is Mint going away in 2024?

Mint will go offline March 23, 2024.

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app. Intuit®, which owns Mint and other personal finance platforms like QuickBooks® and TurboTax®, suggested users migrate to Credit Karma, which it also owns.

Why is Mint shutting down?

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

Why is Mint going away?

Mint recently announced: “Reimagining Mint as part of Intuit Credit Karma will expand our capabilities,” which is them trying to put a positive spin on the fact that they're shutting down their budgeting app capabilities—and Mint budgeters won't be able to access their budgeting accounts or continue budgeting starting ...

Does Rocket Money affect your credit score?

If you're interested in regularly checking your credit score, the Rocket Money app lets you do so, without hurting your credit. The Rocket Money app uses credit information from Experian™ and uses the VantageScore^® model to assess your creditworthiness.

How many people use Rocket Money?

Rocket Money has over 3 million users that use the app to manage their finances, but what about the makers of Rocket Money themselves?

What did Rocket Money used to be called?

It used to be called Truebill until Rocket Companies acquired it and changed its name. Rocket Money does plenty to help you get a handle on your money, and it's one of the best personal finance apps we've tested.

What is the number 1 free budget app?

How do I lower my rocket money bill?

Step 1: Submit a bill

Just tap on "Manage" to get started. Step 2: Choose a bill listed there or tap on "Add a bill" and then select the provider. Step 5: Confirm Payment Method - we charge your choice of a percentage of the first year savings as a success fee - you can choose any amount from 30% to 60%.

What is the best alternative to Mint?

Why is Rocket Money being sued?

In June, a California resident sued Rocket, alleging that the lender made unsolicited calls and sent text messages to consumers who registered their phones on the DNC registry. Rocket, in response, also dismissed the lawsuit as baseless.

Does Rocket Money ask for SSN?

These inquiries may include asking you for further information, requiring you to provide your full address and Social Security number, and/or requiring you to take steps to confirm ownership of your email address or financial instruments, ordering a credit report, or verifying information you provide against third ...

Why are credit card payments ignored on Rocket Money?

If you have connected a credit card, the spending on that card is already being displayed on the Spending tab. Therefore, we don't want to count the actual payment of the card as an expense as well because it would be double counting.

Why did Rocket Money charge me 60?

During the sign up process, users are asked to choose a percentage of the annual savings negotiated to pay to Rocket Money as the negotiation fee. The choices range from 30-60% of the total savings negotiated over the first 12 months.

How much is the rocket money annual fee?

Rocket Money Premium costs between $3 and $12 per month.

This means the cost of Rocket Money Premium starts as low as $36 per year and can go up to $144 per year.

Why does rocket money need my bank info?

We use this data to display your accounts, transactions, and even subscriptions inside the Rocket Money app.