It often feels like our monthly bills are steadily increasing. We all want to save money, and bill negotiation services can help reduce your expenses.
If you lack the time or hate negotiating, asking for a discount on your bills might not be high on your priority list. Luckily, these services do the hard work for you.
Here are some of the best bill negotiation services that will work on your behalf and save you money every month.
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How Bill Negotiation Apps Work
Have you found yourself asking, “How can I quickly lower my bills?” If so, a bill reduction service can be your best option.
Most negotiation platforms are free to use and work with your service providers to apply loyalty discounts or current promotions.
If they’re able to reduce a bill, they keep a percentage of the savings. Most services have you pay the “success fee” by credit card, PayPal, or bank account.
In most cases, they do not charge if they’re unable to help save you money.
Bills you can negotiate include:
- Cable TV
- Cell phone
- Gym memberships
- Home security services
- Internet service
- Magazine subscriptions
- Medical bills
- Satellite radio
*Related: Is your cable company holding you hostage with internet? Read our guide on how to get internet without cable or phone line and increase your savings.
You can save the most money when you have a long-term contract and an expensive plan. Cable TV and contract cell phone plans have the highest savings potential.
Prepaid cell phone plans and monthly streaming plans are more likely to have smaller savings due to the lower monthly costs.
Top Apps to Negotiate Your Bills
There are several platforms you can use to lower your monthly bills. Here are the top choices that do the work for you.
1. Rocket Money
Rocket Money is one of the few personal finance apps that offers budgeting tools and looks for ways to reduce your monthly bills.
The free version of the app tracks your monthly spending, provides a basic budget, and gives instructions to cancel unwanted subscriptions.
Your cash, credit, and investment balances display on one screen. You can quickly see your recurring bills, including some you may have forgotten.
However, you will need to upgrade to Rocket Money Premium to have the platform negotiate bills on your behalf. Other perks include advanced budgeting tools and an automated savings tool.
You decide to pay between $3 and $12 per month for Premium.
The success fee is only 30 percent of the annual savings. This is lower than other services. Reporting internet outages has a 40 percent success fee.
You can connect your bank account or upload monthly statements to start the negotiation.
Some of the bills the service can negotiate include:
- Home security
- Mobile phone
- Satellite radio
- Service outages (cable, phone, and internet)
Like other bill negotiation apps, the platform does not cancel or downgrade a service without asking you first.
Rocket Money is a bit unique compared to competition services as they can try to get partial refunds for service outages.
Read our review of the Rocket Money app to learn more about how the service works.
Trim offers several opportunities to save money every month. An annual subscription costs $99 after a 14-day free trial.
While you pay an annual membership fee, you can get unlimited bill negotiations and cancelations at no extra cost.
The service can negotiate these bills:
- Bank fees
- Cable TV
- Credit cards
- Medical bills
Being able to possibly lower your interest rate on loans and credit cards or waiving bank fees are other reasons to consider joining Trim.
Additional platform benefits include:
- Spending alerts
- Fighting overdraft fees
- Detection of old services you no longer use
- Personal finance coach access
Canceling old subscriptions is a significant relief because you may find that you’ve stopped using a product but are still paying for it.
If you have debt, Trim even offers a debt payoff calculator to help you pay off debt quicker.
There is also an automated savings account. Your first $2,000 in deposits earns up to four percent interest, but the remaining balance earns a lower rate.
3. Experian BillFixers
Experian BillFixers can reduce most recurring bills, including:
- Home security
- Satellite radio
- Satellite TV
- Small business services
The success fee is 50 percent of the annual savings. This service collects the savings monthly by charging your credit card, PayPal, or bank account.
You cannot cancel unwanted subscriptions with this service, but at least you won’t have to negotiate your monthly bill on your own.
*Related: Do you want to cut the cord but afraid of early cancellation fees? Read our guide on how to cancel your satellite contract without needing to pay any fees.
While Experian BillFixers is free to try, it doesn’t offer budgeting tools or automated savings like other platforms.
Small businesses can also save money on recurring monthly expenses. Other platforms may not help reduce business plans and contracts.
BillCutterz has been helping clients save on their cable, satellite TV, phone, and internet bills for over a decade.
They are even able to help negotiate lower electricity bills for customers who live in Texas.
It doesn’t stop there. You can also use BillCutterz to potentially lower other payments, including:
- Car insurance
- Car payments
- Homeowners insurance
- Life insurance
They keep up to date with the service provider’s promotions and discounts to ensure you are maximizing all possible savings.
BillCutterz can be more expensive than other bill negotiation companies. The company keeps 50 percent of the savings. However, paying the entire fee upfront reduces the bill to 40 percent.
Read our Billcutterz review to learn more about how the service works.
Billshark can reduce your bills and cancel unwanted subscriptions.
The fee is 40 percent of the total savings for each successful bill negotiation. Subscription cancellations cost $9 each.
You can estimate your potential savings using the platform’s savings calculator.
Billshark can help you negotiate some of these bills:
- Home internet
- Landline phones
- Car insurance
- Home insurance
Being able to compare home and auto insurance rates is another perk of Billshark.
Billshark states that 90 percent of its negotiation result in some savings. The service can automatically try negotiating the bill again once the savings period ends.
Top Medical Bill Negotiation Services
Saving money can also include reducing the cost of your medical bills. Use these services before sending payment to the billing agency for a possible discount.
6. Medical Cost Advocate
Health care bills are often confusing, making it difficult to know what you owe. Worse yet, they’re usually expensive and cause financial stress.
Medical Cost Advocate is one of the best medical bill negotiation companies as it’s free to submit bills. They keep 35 percent of any discount.
Most negotiations take between three days and one week.
The service can negotiate these medical bills above $300:
- Emergency room visits
- Scheduled medical doctor treatment
- Dental bills
- Treatment for uninsured patients
Customer savings for using this service typically range between 20-50 percent.
If you have a Flexible Spending Account (FSA) or a Health Reimbursement Arrangement (HRA), you can provide the negotiated savings invoice to claim reimbursement.
CoPatient is another medical bill negotiation company that aids customers with hospital expenses.
The company will examine your medical bills for errors and excessive costs.
You can submit these healthcare bills:
- Doctor visits
- Emergency treatment
- Out-of-network providers
- Uncovered procedures
Over 80 percent of healthcare bills include errors, according to CoPatient. Upon signing up for the service, you upload your bills for a ten-point review to search for potential discounts.
If the bills do not provide enough information, they contact you with follow-up questions to ensure accuracy. You may need to provide an itemized explanation of benefits (EOB).
After finding any savings, CoPatient will contact you. It is up to you to confirm they negotiate the medical expenses for you.
CoPatient is free of charge for users, but you will need to enter your employer’s plan code to join. Health sharing plan members and those who are uninsured may not use this service.
Like Medical Cost Advocate, they charge 35 percent of the savings as a fee.
Bill negotiation services are an easy way to cut down on unnecessary bills. Consider these platforms if you don’t want to spend time talking with customer service.
Some companies do retain up to 50 percent of the savings to perform the service for you, but they save you money without any effort on your end.
If saving more money in 2023 is a goal of yours, consider using one of the above bill negotiation services to aid in that effort.
What’s one bill you want to reduce this year? How often do you analyze your recurring bills?
Choncé is a Certified Financial Education Instructor (CFEI), personal finance freelance writer, and blogger who focuses on helping others manage their money better in order to live a life with more possibilities and fewer limitations. Her work has been featured on Business Insider, LendingTree, Credit Sesame, and Barclaycard.