Rockey Cash Evaluation: Is Rocket Cash Protected?

Are you searching for a cash app that may enable you to handle your day-to-day spending? Rocket Cash claims to just do that, in addition to enable you to cancel undesirable subscriptions and plan for future purchases.

However is Rocket Cash protected to make use of, and the way does it evaluate to comparable budgeting apps like YNAB and Private Capital? I reply these questions, and extra, on this Rocket Cash Evaluation.

Desk of Contents
  1. What Is Rocket Cash?
    1. What Occurred to TrueBill?
  2. How Does Rocket Cash Work?
  3. Rocket Cash Pricing
    1. Lite
    2. Premium
  4. Rocket Cash Options
    1. Account Syncing
    2. Monitor Subscriptions
    3. Invoice Cancellation
    4. Invoice Negotiation
    5. Budgeting
    6. Invoice Reminders
    7. Automated Financial savings
    8. Web Value Tracker
    9. Credit score Rating Monitoring
  5. Rocket Cash Execs and Cons
    1. Execs
    2. Cons
  6. Is Rocket Cash Protected?
  7. Options to Rocket Cash
    1. YNAB
    2. Private Capital
    3. Trim
  8. Mint
  9. FAQs
  10. The Backside Line on Rocket Cash

What Is Rocket Cash?

Rocket Cash, previously TrueBill, is a budgeting app for Android and Apple units. Sadly, they don’t supply a desktop platform, so that you have to be snug utilizing your cellphone to handle your cash. 

Free and premium plans can be found with varied perks. 

Among the member perks embrace:

  • Account monitoring
  • Automated financial savings
  • Invoice negotiation
  • Budgeting
  • Credit score rating monitoring

You’ll get probably the most from Rocket Cash when you use it to observe your spending and subscription administration instruments. Its free instruments make it an excellent budgeting app for grads, however the premium subscription stays inexpensive when you don’t want hands-on budgeting assist.

What Occurred to TrueBill?

Earlier than mid-2022, Rocket Cash was often called TrueBill. The cash administration app was acquired by Rocket Corporations, which additionally operates the next manufacturers:

  • Rocket Loans
  • Rocket Mortgage

If you have already got a Rocket Corporations account from one among these different providers, you should utilize your present login particulars.

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How Does Rocket Cash Work?

Rocket money review screenshot of Rocket money landing page

You possibly can comply with these steps to be part of Rocket Cash and use it to enhance your funds:

  1. Obtain the Android or Apple cell app
  2. Hyperlink your monetary accounts
  3. Analyze spending habits
  4. Search for methods to economize
  5. Create budgeting and financial savings targets
  6. Monitor monetary progress with common updates.

Rocket Cash Pricing

Two completely different membership plan choices can be found: Lite and Premium. Pricing for Lite is free, and Premium is $4.99 to $11.99 however contains a “Pay What’s Honest” possibility, which I’ll clarify in additional element under.

A 7-day free trial is accessible on the Premium plan.


The Lite plan is the usual possibility and is free for all times. 

Its advantages can get the job performed and embrace the next:

  • Two budgeting classes
  • Credit score rating (no credit score report entry)
  • Hyperlink banking accounts
  • Low stability alerts
  • Every day account syncing

The Lite plan is greatest if you wish to hold tabs in your spending and account balances however don’t want hands-on assist canceling or negotiating a cheaper price for recurring payments. 

The budgeting instruments are restricted to 2 classes, which will be ample to keep away from overspending in your most important month-to-month bills.


The Premium plan affords a 7-day free trial, and you then select month-to-month or annual funds:

  • Month-to-month: $4.99 to $11.99
  • Yearly: $35.99 or $47.99 (billed upfront)

This app follows a “Pay What’s Honest” technique, so you may resolve how a lot to spend.

In line with Rocket Cash, the common paid person pledges $6.99 month-to-month.

That will help you resolve if Rocket Cash Premium is price it, these are the obtainable perks:

  • Limitless budgeting classes (vs. 2 for the Free plan)
  • Credit score rating and full credit score report (vs. credit score rating solely)
  • Automated subscription cancellations
  • Invoice cancellation concierge
  • Web price monitoring
  • Actual-time account syncing (vs. each day syncing)
  • Shared accounts
  • Premium chat
  • Export knowledge

It is best to take into account upgrading to the premium plan if you need limitless finances classes, shared accounts, or automated subscription administration instruments.

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Rocket Cash Options

Account Syncing

Rocket Cash hyperlinks your banking, bank card, and funding accounts by Plaid. This third-party service has read-only entry and doesn’t retailer your delicate particulars for additional privateness. 

Your account balances replace each day the primary time you log into your account. The app will ship spending insights and alerts when direct deposits hit your account. Linking as many accounts as doable makes it straightforward to see how a lot you spend and earn precisely. 

After linking your accounts, you may start categorizing your transactions. Rocket Cash auto-categorizes most transactions, so the continued upkeep necessities are minimal.

Monitor Subscriptions

Rocket Money Review Track Subscriptions

You might have a ballpark estimate about your fastened residing bills, similar to utility payments, meals, and childcare. Subsequently, you might have a agency thought of what you may afford in your present revenue.

Spending $10 or $20 right here and there on streaming providers could not seem to influence your finances, however a number of small subscriptions can flip right into a surprisingly great amount.

After linking your accounts, Rocket Cash seems by your transaction historical past for recurring subscriptions and lists them in a single place.

This function is an efficient train in figuring out which providers you often use and the others you may stay with out. 

Invoice Cancellation

Premium subscribers can have the app cancel subscriptions on their behalf. Free customers will obtain step-by-step instructions to cease service, which might prevent time regardless of doing the arduous work your self.

This function is useful when you don’t have the time to remain on maintain for an prolonged interval otherwise you’re the sort to just accept affords solely to finish up regretting the renewal choice later. 

Invoice Negotiation

Rocket Money Bill Negotiation

All subscribers can see if Rocket Cash will negotiate your current payments for a decrease fee. This is a superb train to observe a minimum of yearly for providers you may’t stay with out to make sure you’re paying the perfect value.

Among the greatest financial savings alternatives embrace:

  • Cable or satellite tv for pc TV
  • House Web
  • Postpaid cellphone plans (i.e., Verizon Wi-fi, AT&T, and T-Cell)
  • Satellite tv for pc Radio
  • Newspapers

Cable payments and contract cellphone plans have probably the most potential for reductions. The invoice negotiator might even see if they will change you to a more moderen plan that’s cheaper however has the identical options as your current legacy plan. There may additionally be loyalty bonuses or limited-time promotions that may cut back your invoice for the next yr. 

The service claims to have an 85% success fee in reducing your payments. You pay a one-time success charge and get to resolve how a lot of the primary yr of financial savings to contribute as cost.

Rocket Cash may attempt to economize on these bills:

  • Automobile insurance coverage
  • Financial institution overdraft charges
  • Invoice cost late charges


Rocket Money Budgeting Screenshot

Along with real-time spending alerts and direct deposit notifications, Rocket Cash helps you to create a easy spending plan. The budgeting instruments should not as highly effective as some free budgeting instruments, however they may help you shortly see when you’re residing inside your means for the month. 

Lite customers can create two budgeting guidelines, and premium members could make limitless guidelines. For instance, it’s possible you’ll need to create a rule for eating and leisure, that are variable however controllable bills.

This budgeting app generates a month-to-month report summarizing your spending and revenue patterns. It’s additionally doable to investigate these subjects all through the month:

  • Payments paid
  • Present spending
  • The revenue left for financial savings.
  • Cash left for spending
  • Month-to-month earnings up to now

Most experiences can be found on a weekly, month-to-month, quarterly, or yearly interval.

Budgeting as a pair with the Shared Accounts function obtainable to premium subscribers can also be doable.

Invoice Reminders

The app shows invoice cost reminders and the cost due date, making it simpler to plan forward, so that you don’t overlook to pay a invoice. You should still have to fine-tune your spending plan for variable payments similar to your electrical invoice. 

Automated Financial savings

Rocket Money Automated Savings

Premium subscribers can use the Good Financial savings function to contribute to their financial savings targets mechanically. You possibly can resolve how a lot to avoid wasting and the way often to withdraw out of your linked checking account. 

To forestall account overdrafts, the service skips withdrawals when you might have inadequate funds in your account. 

Your money goes into an FDIC-insured account till you’re able to spend it. Sadly, it’s possible you’ll not earn curiosity on these deposits. As an alternative, take into account a high-yield financial savings account to earn cash in your short-term financial savings. 

Web Value Tracker

A paid subscription may observe your internet price by your linked accounts. This function will not be as important as budgeting or monitoring spending, however it’s one other technique to monitor your monetary progress.

Credit score Rating Monitoring

Rocket Money Credit Score Monitoring

Lite customers can view their Experian VantageScore 3.0 credit score rating free of charge. The app refreshes your rating month-to-month. Though this isn’t the identical rating that almost all lenders use to make credit score selections (that will be the FICO Rating from the Honest Isaac Company), it will provide you with estimate of your creditworthiness.

You can too see areas of enchancment that may enable you to obtain credit score rating. Nevertheless, free subscribers received’t be capable of entry their credit score report.

Premium members have the chance to view their full Experian credit score report. This report updates month-to-month, so remember to entry it often to keep away from lacking a month-to-month replace.

It is a good function, and it’s useful in assessing your full monetary image. Have in mind there are a number of methods to test Your credit score rating free of charge with extra fixed updates. Different credit score monitoring providers could retrieve your rating from extra credit score bureaus and presumably supply your FICO Rating.

Rocket Cash Execs and Cons

Rocket Cash can deal with many day-to-day budgeting duties. It’s obtained some clear advantages and some drawbacks, too. Right here’s my record of Rocket Cash execs and cons:


  • A free plan is accessible
  • Syncs to accounts
  • A number of cash administration options
  • “Pay what’s honest” possibility on the Premium plan


  • Greatest options require a paid subscription
  • Credit score rating monitoring solely updates month-to-month
  • Cell-only

Is Rocket Cash Protected?

Sure, Rocket Cash is a protected technique to monitor your banking account transactions, search for methods to scale back spending, and observe your credit score rating.

The app makes use of the identical third-party service (Plaid) to connect with your accounts as most private finance software program apps. This software program doesn’t retailer private info on its servers and makes use of bank-level safety to guard your account. As well as, when that you must share your knowledge with others, you may scramble your knowledge for added privateness.

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Options to Rocket Cash

Rocket Cash may help enhance your funds, however these different providers will be higher when you want hands-on assist with a selected want.


If you happen to require severe budgeting assist to cease residing paycheck to paycheck, You Want A Funds (YNAB) is a superb possibility. This budgeting app requires a paid subscription ($14.99 month-to-month or $99 yearly), however you might have a 34-day free trial to resolve if it’s match.

The YNAB finances follows a zero-based finances strategy, assigning every greenback to a selected activity. So, you might have the plan to spend or save each greenback that you simply make. 

The app walks you thru the budgeting course of and evaluations many month-to-month bills which can be simply missed with fundamental budgeting instruments like Rocket Cash or Mint.

The spending and internet price experiences are additionally sturdy. There are additionally a number of monetary calculators that can assist you plan upcoming targets. For extra info, take a look at our full YNAB assessment.

Study Extra About YNAB

Private Capital

Private Capital is arguably the perfect free internet price tracker obtainable at the moment, as you may hyperlink your banking accounts and add handbook accounts. The service contains fundamental spend monitoring instruments to categorize transactions and make sure you stay inside your means. 

Creating financial savings targets and reviewing your funding portfolio’s asset allocation and fund charges can also be doable. Learn our Private Capital assessment for extra info.

Study Extra About Private Capital


If you happen to simply need a service to barter payments, then take into account Trim. The app can carry out these providers, normally free of charge:

  • Cut back cable, cellphone, and web payments (15% success charge of annual financial savings)
  • Cancel undesirable subscriptions (Free!)
  • Negotiate medical payments (Free!)
  • Decrease APRs and financial institution charges (Free!)

You can too monitor transactions and automate financial savings for upcoming targets free of charge.


Mint offers lots of the identical budgeting and credit score monitoring instruments free of charge. Sadly, it signifies that you will note annoying advertisements and product affords as you utilize the app.

For budgeting, you may create a number of classes after connecting your accounts. This app has a few of the greatest free budgeting instruments.

The service may negotiate payments and cancel undesirable subscriptions. All customers may view their credit score rating and a credit score report abstract free of charge.


What are the Rocket Cash customer support choices?

You possibly can ship a chat message throughout the app; the everyday response time is inside at some point. Moreover, premium members obtain precedence help. An in depth on-line FAQ part additionally offers tutorials for the free and paid options.

Does Rocket Cash value cash?

It’s doable to observe your banking accounts, credit score scores, and subscriptions free of charge. Nevertheless, you could pay a minimum of $4.99 month-to-month (or $35.99 yearly) for limitless budgeting guidelines, subscription cancellation, and different in-depth entry.

Does Rocket Cash promote your info?

Rocket Cash received’t promote your private info and protects your privateness. Nevertheless, it’s possible you’ll obtain affords from different Rocket corporations and third-party associates. 

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The Backside Line on Rocket Cash

Rocket Cash will be an efficient technique to make a free finances if you wish to observe spending simply and don’t want hands-on assist. The paid subscription is price it when you want limitless budgeting entry and different money-saving instruments. The “Pay What’s Honest” possibility makes it a good higher worth.

However whereas the app has a number of further options, not all are helpful. If you happen to’re searching for extra in-depth instruments for budgeting or monitoring your spending, take into account different choices, similar to YNAB or Private Capital, along with Rocket Cash.

Rocket Cash


  • Free plan obtainable
  • Syncs to your accounts
  • A number of cash administration options
  • “Pay what’s honest” possibility on the Premium plan


  • Free model is proscribed
  • Credit score rating monitoring solely updates month-to-month
  • Cell-only

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