Truebill is a personal finance management app that helps users to track their expenses, create budgets, and lower their bills. It is designed to help users identify and cancel unwanted subscriptions, negotiate lower rates on bills, and monitor their spending habits. Overall, Truebill can be an effective tool for people who want to manage their finances more effectively and save money on their bills.
Benefits of Truebill
Here are some of the key features and benefits of Truebill:
Subscription tracking
Truebill can identify and cancel unwanted subscriptions automatically. It also alerts users when free trials are about to end.
Bill negotiation
Truebill can negotiate lower rates on bills, such as cable, internet, and phone bills. It charges users 40% of the amount saved. It can be a significant cost if you have a high bill.
Budgeting
Truebill helps users create and manage budgets for various categories such as groceries, transportation, and entertainment.
Savings goals
Truebill can help users set savings goals and track their progress toward those goals.
Mobile app
Truebill has a user-friendly mobile app that is available for both iOS and Android devices. Truebill has generally positive reviews online. On Trustpilot, Truebill has a rating of 4.2 out of 5 stars, based on over 5,000 reviews. Many users praise Truebill for helping them save money by identifying and canceling subscriptions they no longer use. It also assists in negotiating lower bills on their behalf and monitoring their accounts for fraudulent activity.
However, some negative reviews of Truebill mention issues with customer service, difficulty canceling the service, and unexpected charges. As with any service, individual experiences may vary. Overall, if you are looking for a tool to help you manage your finances, Truebill may be worth considering. However, it is always a good idea to do your research and read reviews from multiple sources before making a decision.
How Truebill Works?
Truebill is a personal finance management tool that helps users to take control of their finances and manage their subscriptions, bills, and expenses.
Here’s how it works:
Sign up for Truebill
You can sign up for Truebill by downloading the app or visiting the website. You will need to provide some basic information, including your name, email address, and phone number.
Connect your accounts
To start tracking your finances, you will need to connect your bank accounts, credit cards, and other financial accounts to Truebill. Truebill uses bank-level security to ensure that your information is safe.
Track your bills and subscriptions
Once you have connected your accounts, Truebill will automatically start tracking your bills and subscriptions. It will analyze your spending habits and alert you to any recurring expenses that you might be able to cut down or eliminate.
Manage your subscriptions
Truebill can help you to manage your subscriptions by identifying any subscriptions that you are not using and canceling them on your behalf. You can also use Truebill to negotiate lower rates for your existing subscriptions.
Monitor your spending
Truebill provides you with a complete picture of your finances, allowing you to monitor your spending and set budgets for different categories of expenses. You can also receive alerts when you are close to exceeding your budget.
Save money
By using Truebill to track your finances, you can save money by reducing your bills, eliminating unused subscriptions, and avoiding unnecessary fees. Overall, Truebill is a powerful personal finance tool that can help you to take control of your finances and achieve your financial goals.
Money management tools from Truebill
Truebill is a personal finance platform that offers a variety of money management tools to help individuals take control of their finances. One of its primary features is its ability to track and manage subscriptions. It allows users to see all of their recurring charges in one place and easily cancel any they no longer want or need.
In addition to subscription management, Truebill also offers a budgeting tool that allows users to set spending targets and track their progress. The app also helps users negotiate lower bills for services like cable and internet by scanning bills for potential savings. It offers to negotiate on their behalf.
Truebill also offers a feature called Smart Savings, which analyzes a user’s spending patterns. It automatically saves money in an FDIC-insured savings account. Finally, Truebill offers credit monitoring and identity theft protection services. It helps users stay on top of any potential fraudulent activity. Overall, Truebill provides a comprehensive suite of money management tools to help users save money, manage their finances, and stay on top of their financial goals.
Truebill checks outages and seeks refunds
One of the app’s features is to monitor outages and seek refunds on behalf of its users. This service helps users save money by automatically detecting when a service or subscription they are paying for experiences an outage or interruption. They automatically request a refund for the affected period. Truebill uses advanced technology to monitor a user’s accounts and detect any potential issues. These issues may be service outages or subscription price increases.
Once an issue is detected, the app sends a notification to the user and initiates the refund process. This feature helps users save time and money by taking care of the refund process automatically. Overall, Truebill’s outage monitoring and refund-seeking features help users manage their finances more efficiently. These features help in automating the process of seeking refunds and ensuring they get the best value for their money.
Truebill tracks your subscriptions
Truebill is a subscription tracking service that helps users keep track of their monthly subscriptions and bills. With Truebill, users can monitor their spending on recurring charges, identify unused subscriptions, and cancel unwanted services with ease.
To get started, users connect their bank and credit card accounts to Truebill. The service then analyzes their spending and identifies all recurring charges. Truebill provides users with a clear overview of all their subscriptions. It includes the name of the service, the amount charged, and the payment frequency.
In addition to tracking subscriptions, Truebill also helps users save money. The service offers tools for negotiating bills and canceling unwanted subscriptions. For example, Truebill can contact service providers on behalf of users to negotiate lower rates or cancel unwanted subscriptions. This can help users save money and free up funds for other expenses.
Overall, Truebill is a helpful tool for anyone looking to take control of their subscriptions and finances. With its comprehensive tracking and money-saving features, Truebill makes it easy for users to stay on top of their monthly bills and expenses.
Lower bills with Truebill
Truebill is a financial management app that helps you lower your bills by analyzing your expenses and finding ways to save money. Here is how Truebill can help you lower your bills:
Negotiate bills
Truebill can negotiate bills on your behalf, including cable and internet bills, cell phone bills, and more. They will reach out to your service providers and try to get you a better deal.
Cancel subscriptions
Truebill can help you identify and cancel any subscriptions that you are not using or that you forgot you signed up for. This can help you save money on recurring charges.
Find better deals
Truebill can help you find better deals on your bills and services. They will analyze your bills and identify areas where you could save money, such as by switching to a cheaper cell phone plan or cable package. Overall, Truebill can be a useful tool for anyone looking to save money on their bills and improve their financial situation.
Is Truebill Safe to Use?
Truebill is a legitimate financial management platform that helps users monitor their subscriptions, manage bills, and optimize their spending. The company has been around since 2015 and has gained a reputation for being a reliable and trustworthy service. In terms of safety, Truebill takes several measures to ensure the security of its user’s information.
The company uses bank-level 256-bit SSL encryption to protect all data transmitted between its servers and users’ devices. Overall, Truebill is considered safe to use, and users can feel confident in entrusting their financial information to the platform. However, as with any online service, it is always a good idea to take precautions such as using a strong, unique password and enabling two-factor authentication to protect your account.
What are the advantages and disadvantages of Truebill?
Truebill is a personal finance management tool that helps users monitor their subscriptions it also tracks their expenses and negotiates bills. Here are some advantages and disadvantages of using Truebill:
Advantages:
- Subscription tracking
Truebill can help you keep track of all your subscriptions in one place. It makes it easier to manage your expenses and avoid any unnecessary charges.
- Bill negotiation
The app can negotiate bills on your behalf, potentially saving you money on your monthly bills like cable, internet, and phone bills.
- Automatic refunds
The app can automatically identify and process refunds for any services you have subscribed to but are not using. It helps you save money on unused services.
Disadvantages:
- Cost
While Truebill offers a free version, many of the advanced features like bill negotiation and automatic refunds are only available with a paid subscription. It may not be feasible for everyone.
- Privacy concerns
Since Truebill connects to your bank accounts and credit cards. Some users may be concerned about the security of their financial information.
- Limited service area
Truebill’s bill negotiation service is only available in the US. So users outside of the US may not be able to take advantage of this feature.
- Accuracy issues
While Truebill uses advanced algorithms to categorize your expenses, there may be some inaccuracies. For example, if you frequently make purchases from new or unusual vendors.
Frequently Asked Questions
How much does Truebill cost?
Truebill offers both free and paid subscription options. The free version of Truebill provides access to basic features such as tracking your subscriptions and recurring expenses, as well as negotiating lower bills on your behalf. However, some of the more advanced features, such as automatic bill monitoring and savings opportunities are only available to paid subscribers.
Truebill’s paid subscription, called Truebill Premium, costs $4.99 per month or $35.99 per year. With Truebill Premium, you will get access to additional features such as automatic bill monitoring, personalized savings opportunities, and the ability to cancel unwanted subscriptions with just one click. Truebill also offers a 7-day free trial of Truebill Premium. So you can try out the service before committing to a paid subscription.
Is Truebill easy to cancel?
Yes, Truebill is generally considered easy to cancel. To cancel a subscription through Truebill, users simply need to log into their Truebill account, navigate to the subscription they wish to cancel, and follow the cancellation prompts.
Truebill will handle the rest, including contacting the subscription provider to cancel the subscription and stop any recurring payments.
Can I connect my bank account to Truebill safely?
Truebill offers bank-level security, meaning that it uses the same level of encryption and security protocols as your bank to protect your information. When you connect your bank account to Truebill, your login credentials are encrypted and stored securely. However, it is important to note that connecting any third-party app to your bank account carries some level of risk. So it is important to only use trusted apps and to monitor your accounts regularly for any suspicious activity.
Final Words
Overall, Truebill can be a useful tool for people who want to take control of their finances and save money on their bills. However, it is important to note that Truebill does charge a fee for its services.
It may not be worth it for people who have low bills or are already good at negotiating with their service providers. Additionally, while Truebill can help lower your bills, it cannot guarantee savings. There is always the possibility that you may end up paying more in the long run. The service is available through their website and mobile app.
