We all want lower bills. Luckily, there is an app for that. Unfortunately, many people do not have time to figure out how to reduce their monthly bills. However, there are mobile apps out there that can help you negotiate and slash your bills each month.
Discover these popular services that can help you avoid overdraft fees and save you a lot of money on cable, subscriptions, memberships, and insurance.
Cutting expenses can take a lot of time, even with a budget. Whether you are financially secure or living paycheck to paycheck, it is wise to save money by avoiding overpayment.
The good news is that these typically free apps negotiate better rates with creditors and providers, cancel unused subscriptions, automate savings that can score discounted services, and leave more money in the bank.
1. Truebill
One of the top ways to automatically reduce your bills is to try out Truebill. This service lowers bills by canceling unwanted subscriptions and managing your spending. Truebill’s website says this service has saved consumers $100 million.

Here is how it works. When using Truebill, the platform syncs with your bank accounts and credit card to observe your monthly bills. You can also select bills that are no longer in use or subscriptions you do not want anymore. With all your bills in one place, this makes it easy for the system to monitor when your automatic payments come due.
Even better, if you live in an area with regulated energy and experience an internet or cable outage, Truebill can ask the company to apply a credit to your account. The platform will determine the lowest rates available if you live in a deregulated area.
The platform offers users a big bonus because it allows them to upload their recurrent bills. Then, Truebill will negotiate directly with service providers and creditors to take the hassle off your hands and get you the best deal.
- That is not all. Truebill gives you various tools to assist with budgeting, such as generating expense reports to track where your money is going and automating savings according to your financial goals.
- Truebill has a free app for Apple and Android and a Premium service feature. Premium memberships cost around $3 to $12 per month, totaling up to $36 to $48 annually.
You commit to giving Truebill 40% of the savings they get for you. The platform will also provide additional tools, such as subscription canceling, bill negotiation, budgeting features, Smart Savings Plan, and concierge services to streamline your financial life.
2. Trim
Like Truebill, Trim manages your bills to help you save the most money.
For example, Trim cuts the fat from your monthly expenses by checking regular charges for any unwanted services you would prefer to cancel. It can also monitor your credit card and bank account transactions to see where you’re losing money.
Trim dazzles users with its ability to negotiate your phone, internet, and cable bills with your providers, saving you up to a staggering 30% on bills you would pay anyway. Remember that Trim will deduct 33% from whatever amount they save. So if you snag $100 in savings per year on your phone bill, the platform will take $33, while you get to keep $67.
With Trim Simple Savings, Trim helps you meet your savings goals by stashing cash away every week to meet your financial goals.
Not only is Trim’s service free of charge, unless you select the Premium option for $99 per year, but Trim lets you earn a 4% annual reward for the first $2,000 you save with them. You will earn around .001% interest on any additional savings.
After that, you gain .001% interest on anything saved over and above that amount.
3. Billfixers
This free app saves you money by cutting down on multiple expenses, including phone, internet, cable, satellite radio, satellite TV, home security, and small business service bills.
If Billfixers saves you money, they will deduct 50% of the annual savings total that they net you by charging your bank, credit card, or PayPal account for a portion each month.
Since Billfixers is free, it does not come with automated savings or subscription cancellation features. However, the good news is that you won’t have to worry about negotiating your recurrent bills anymore.
4. Billshark
This popular money management platform helps keep more dollars in your pocket by getting you a better deal on your cell, cable, satellite TV, or home security system bills. According to their website, Billshark has a 90% success rate in getting creditors and service providers to drop their prices.
Similar to Truebill, you can upload your bills to the app. That way, Billshark will run your potential savings through their system and then contact your provider to get your bill reduced. They also cancel unwanted subscriptions for a $9 fee.
While the app is free to sign up or create an online account, Billshark takes 40% of any savings from negotiating your bills.
5. Harvest
Harvest helps bring your savings home by protecting you from hefty overdrafts or bank fees. That is because Harvest monitors your overall financial picture and asks for refunds on fees for you. If they save you money, the app keeps 25% and leaves the other 75% in your account.
The platform also helps you review and monitor your regular spending. If there are any unnecessary payments that you want to cancel, Harvest will notify you.
Overall, this tool helps you get refunds and gives you saving and spending tools that can help your hard work of budgeting and saving pay off.
Final Thoughts
These apps make it simple and easy to reduce regular monthly bills. Also, some of the apps offer paid services that give you more options for negotiating.
While you might save even more money negotiating directly with your service providers or credit card companies, these outside tools can automate the job for you.
If you cannot negotiate these money-saving measures on your own or prefer to avoid bill negotiation situations, these apps are a solution to the problem that can help you save hundreds or thousands of dollars on your bills every year.
Image credit: [Grki]