What is Rocket Money premium? (2024)

What is Rocket Money premium?

For example, Premium members get access to automatic-savings options built to work with your budget, subscription-cancellation concierge services that make dialing down your monthly bills a breeze, and net-worth tracking to see how your financial standing changes over time. Feature. Rocket Money.

Is Rocket Money Premium worth it?

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.

How much is premium on Rocket Money?

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.

How do I cancel my rocket money premium?

Why is Rocket Money charging me?

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.

What are the cons of rocket money?

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.

Can I trust Rocket Money?

Is Rocket Money safe? Rocket Money utilizes the same security technology as banks do including 256-bit encryption. Its partner, Plaid, is trusted by many prominent fintech companies including Venmo. In short, Rocket Money is about as safe as any online financial service can be.

What's better mint or rocket Money?

Mint is a budgeting app first and foremost, whereas Rocket Money is a personal finance app with budgeting, credit reporting, and bill negotiation features. This means Mint is more comprehensive for creating custom budgets and managing your spending, but Rocket Money has more features overall.

What is the difference between Rocket Money free and premium?

Rocket Money Pricing

The free plan includes account linking, balance alerts, subscription management, and spend tracking. The Premium plan enhances the experience with concierge services like subscription cancellation, chatting with money experts, and bill negotiations.

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.

How does rocket money know all your subscriptions?

Link your checking, savings, credit cards, and investments accounts to see everything in one place. Get alerted when checking account falls below a safe balance or when credit spend is too high. Our algorithm works it's magic to find all of your recurring subscriptions and bills.

Is Rocket Money a monthly subscription?

The Rocket Money app is technically free, but you have to pay if you want the premium features—which can cost anywhere from $4–5 a month (billed as $48–60 annually) or $6–12 a month (billed monthly).

Does Rocket Money affect your credit?

Checking your credit score within the Rocket Money app is a soft inquiry. This type of inquiry has no impact on your credit score and is not reported to any of the credit bureaus.

Does Rocket Money actually lower bills?

Another service Rocket Money (formerly Truebill) provides is bill negotiation. To use this feature, you'll need to take a photo of your bill — like your phone bill or or cable bill — and upload it to the app or website. TrueBill's team will then look for ways you can receive additional discounts on your bill.

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 is the old name for rocket money?

Rocket Money (formerly Truebill) is a leading personal finance app with the mission to empower people to live their best financial lives.

Is Mint App going away?

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.

Does Rocket Money use your data?

Rocket Money uses the best encryption in the business to keep your data safe. You're in control of your data and you can delete your account at any time.

Does Rocket Money share your information?

Users link their financial accounts, like bank and credit card accounts, to Rocket Money's financial data tracking systems. Rocket Money then additionally shares users' personal credit information with third-party partners such as mortgage or auto loan companies for advertising or marketing purposes.

How long does a rocket money withdrawal take?

It can take 1-2 business days to see it return back to your bank account (excluding weekends). You can withdraw up to $5,000 per withdrawal, per day. If you have already withdrawn $5,000 in one day, you will need to wait until the next day to withdraw more.

Is there a better app than Rocket Money?

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.

Is Rocket Money insured?

Funds deposited in the savings feature are insured by the FDIC up to the maximum allowed by law, which is currently $250,000 per for an individually-owned account and $250,000 per owner for jointly owned accounts.

Is Mint going away in 2024?

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.

Is there a free version of Rocket Money?

Rocket Money is free to use, although there are optional services, such as bill negotiation, that you can opt in to for an extra cost ranging from $4 to $12 monthly.