| Rocket Money (2024)

FAQs

Does Rocket Money really work? ›

Yes, Rock Money is a legitimate budgeting app by Rocket Companies. The mobile app is available on the Google Play store and Apple store.

Another premium Rocket Money feature is its bill negotiation service. Rocket Money works with most major cell phone, cable, and home security providers, and it can contact these providers to negotiate lower rates on your behalf.

PocketGuard. PocketGuard is straightforward to use. Its free version offers basic budgeting features, and its paid version provides additional features like unlimited savings goals, longer transaction histories and debt payoff planning (a feature that sets it apart from Rocket Money).

Cancel unwanted subscriptions

Rocket Money will end your subscription, even communicating by email, phone call, or snail mail on your behalf. It's that simple. Feel like handling it yourself? Tap the phone or website icon to contact the subscription company on your own.

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.

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.

Bottom line: If you're willing to pay for a budgeting app, Monarch Money could be great -- but if you need something free (and want credit score monitoring and bill negotiation), Rocket Money might be the better fit.

Rocket Money uses advanced algorithms to analyze your transactions and automatically identify your subscriptions and bills. If you are missing subscriptions, first make sure that you have linked the account that you pay the subscription with to Rocket Money.

Truebill, maybe? (Those Instagram ads were everywhere!) Well, that's because Rocket Money bought Truebill in 2021, and then Truebill officially became Rocket Money in August 2022. While Rocket Money has more to offer than Truebill did, the subscription cancellation service is still one of their biggest selling points.

After several weeks of trying out these apps, my choice to replace Mint is Rocket Money. Both PocketGuard and Rocket Money felt like comparable substitutions for Mint, but I found Rocket's interface cleaner and easier to use, and I'm a fan of its sliding pricing scale.

What is the number one budget app? ›

Deciding the better app for you depends on what you want out of a budgeting app. Quicken Simplifi is a great budgeting app that is easy to use to manage your spending. But if you need a little more help saving money and cutting your expenses, Rocket Money's premium plan may be the better choice.

Is Rocket Money Safe? Rocket Money uses the most up-to-date industry protocols for storing your data, including bank-level 256-bit encryption. Your online banking credentials never touch Rocket Money's servers, nor are they stored by the company in any way.

The Rocket Money budgeting app links to your bank accounts to track your income and spending. It can automatically sort your transactions into specific categories, such as groceries or housing, to take some of the legwork out of budgeting.

While it isn't free, it makes sense for a wide variety of use casJB - no affes and investment goals. Rocket Dollar lets you invest in alternative assets with a self-directed IRA and solo 401(k). It's incredibly flexible and even lets you bring your own deal. However, fees can be higher than some competitors.

At Rocket Money, we offer flexible pricing options for our Premium Membership to ensure it fits within your budget. The membership is available from $4 to $5 per month when billed annually ($48 or $60 in total) or $6 to $12 per month when billed monthly.

By agreeing to this Agreement, you authorize Rocket Money to electronically debit your Bank Account via ACH as follows: Amount of Debits: As determined by Rocket Money, subscription fees for services provided as part of our Bill Negotiation, Premium Services, or as specified as part of your savings plans.

Rocket Money allows users to create a budget that monitors spending automatically, separates transactions into spending categories, sends notifications about upcoming charges or a low balance, and more. The app also offers bank-level security with 256-bit encryption to keep your personal data safe.