While Rocket Money is a free app, there are several optional paid services and features that could result in a charge or transfer appearing on your bank or credit card statement:
Smart Savings Deposits: These are not charges, but deposits into a Smart Savings account that’s tied to your Rocket Money account. It's a great way to automate your savings! If you see transactions mentioning “Savings Transfers”, it's likely related to this feature. Learn more about managing your Smart Savings account here.
Premium Membership: We offer a Premium Membership that ranges from . You'll typically see “Rocket Money Premium” on the transaction description. You can cancel your subscription at any time from the app by reviewing the steps listed on here.
Bill Negotiation Fee: If we successfully negotiate your bills and secure you savings, we'll charge a fee based on 35% - 60% of your first year's savings. You decide the percentage within this range!
If you see a charge from Rocket Money but don't recall having an account with us, it's possible that an authorized user on the bank account is paying for a Rocket Money service with the shared bank account. Please be sure to check with them about any possible charges!