description Rocket Money (Service) Overview
While not a bank itself, Rocket Money is included as a crucial financial management *service* that integrates with many banks. It excels at monitoring subscriptions, identifying unwanted recurring charges, and providing a unified view of spending across multiple accounts. It is invaluable for users who struggle with subscription creep and need an external financial watchdog.
help Rocket Money (Service) FAQ
Is Rocket Money a bank?
No. Rocket Money is a personal finance app and service that links bank and credit-card accounts, tracks spending, and identifies recurring charges. Its account-linking help explains that transaction data is pulled through a third-party provider. [Rocket Money account connections](https://help.rocketmoney.com/en/articles/934328-connecting-bank-accounts-and-credit-cards)
Can Rocket Money cancel unwanted subscriptions?
Rocket Money detects recurring charges after you link accounts, while subscription cancellation is offered through its paid services. The service can help with many subscriptions, but cancellation still depends on the provider and account details. [Rocket Money Premium features](https://help.rocketmoney.com/en/articles/2677184-premium-membership-features)
How much does Rocket Money charge for bill negotiation?
For a successful negotiation, Rocket Money charges between 35 and 60 percent of the first year's savings, and it charges nothing if no savings are achieved. The service commonly targets internet, cable, phone, and home-security bills. [Rocket Money bill negotiation](https://help.rocketmoney.com/en/articles/9744501-bill-negotiation-savings-process)
Is Rocket Money free to use?
Rocket Money offers a free plan with core subscription tracking, budgeting, and bill reminders, while Premium adds features such as custom budgets, credit reports, and cancellation services. Its help center says new Premium members receive a seven-day trial, after which the selected monthly price continues. [Rocket Money pricing](https://help.rocketmoney.com/en/articles/2217739-how-much-does-rocket-money-cost)
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