Even if you’re diligent about managing your subscription services, it’s still not uncommon to get overwhelmed by the number of subscriptions you have. You may have signed up for a bunch of different subscriptions without realizing it, and these days, you may be paying for services you do not even use. If you don’t use something, it still doesn’t mean you didn’t pay money for it. To avoid wasting time and effort searching through your bank statements and their accounts to find unused subscriptions, TrueBill can help. The app connects to your accounts to discover subscriptions you’re paying for. In addition to that, you may also secure a lower monthly invoice by negotiating your bills with the help of the app. Below we will discover the important details you may want to know before investing in Truebill’s services.
One of the most significant features of TrueBill is the ability to track down and cancel subscriptions you don’t use anymore. Through your bank accounts, TrueBill monitors your transactions to find subscriptions. After identifying subscriptions, you may choose which ones to keep and which ones to remove.
Bill negotiation is another service provided by TrueBill. You must take a picture of your bill—for example, your telephone or cable invoice—and upload it to the website or mobile app. Afterward, TrueBill’s squad will seek to lower your expenses.
If you accidentally overspend or fall short of your bank’s minimum balance requirement, TrueBill will ask for a refund for you. Even though it is not guaranteed, requesting a refund is always a good idea—especially when you don’t have to go through the hassle of doing it yourself.
Using your spending patterns, TrueBill will determine how much money you should save and when you should save it. This way, you won’t accidentally overdraft. If you would prefer a more hands-on approach to saving your cash, you can pause the savings feature at any time. You may also edit your savings goal or withdraw your money at any time, and your savings are insured by the FDIC.
How To Sign Up
Prior to exploring any of TrueBill’s features, you must first create an account. To do so, you can either download the TrueBill app or visit the website and enter your first and last name, email address, and password of your choosing.
Provide Truebill with more information about yourself and your financial objectives. You will then be asked to grant Truebill access to your bank account and credit cards through Plaid, a service that gathers information about your financial situation in order to obtain a comprehensive picture of your financial situation. Include your account and routing numbers. Whether you want a premium membership and how much you are willing to pay for it are up to you.
You can experience the free version of the service until you want to upgrade to premium and experience all of its features.
Truebill Cost and Pricing Plans
It is free to download the TrueBill app, but you must pay for a premium membership to use some of its features. Users can decide how much they want to pay for the premium subscription, which ranges from $3 to $12 per month, with the option to pay $3 or $4 for an annual subscription. You can sync your bank accounts with the app, cancel your subscription, save automatically, create custom savings categories, and set unlimited budgets with the premium version. The bill negotiation feature is free if the TrueBill team is unable to negotiate lower prices for you.
If they can get you some savings, you will be charged a percentage of what you might save in your first year. However, you may choose how much they charge (from 30% to 60%) while submitting your negotiation request.
So, Is It Really Worth It?
We say, yes. TrueBill may help you lower your monthly subscriptions and charges if you believe you have too many subscriptions or payments taking up all your money. Although such an app usually charges for premium features, TrueBill stands out in that users can determine how much they want to pay for premium membership and how much of a reduction they can negotiate on their own bills. This may make it seem more economical to more people. It’s worth trying it out!