Tel. +44 (0)20 7287 4414
Tel. +44 (0)20 7287 4414
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.
The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.

Bruges Group Blog

Spearheading the intellectual battle against the EU. And for new thinking in international affairs.

What You Need to Know Before Signing Up On Truebill


Truebill helps you save some money on bills and subscriptions, and in turn, it gets a cut of the money that gets back to your pocket. It may look like an easy thing to do, but there are a few elements that you need to understand before signing up on Truebill.

What does Truebill do?

The service helps to optimize your spending, manage subscriptions, lower your bills, and stay on top of your financial life. When you sign up on Truebill, it will help you lower your bills, manage subscriptions, and seek refunds. It also has premium services.

Lowering Your Bills

Truebill advertises itself as a free service, and true to their word, there is no upfront fee you pay when you allow Truebill to lower your bills. However, you will have to pay a percentage of the money that gets back into your pocket.

Truebill charges a "savings fee" of 40% for every dollar saved. Typically, Truebill only charges when you secure your savings. The charges are calculated on one year's worth of savings at one time. That is, if younsave a total of $1000 in one year, Truebill charges you $40. When unable to find savings for you, the app charges you nothing.

When you sign up, Truebill prompts you to enter information that includes:

  • Step 1: Search for Your Bill Provider

Truebill has a list of bill providers, which include mainstream companies. The company negotiates bills and has a success rate of 85%.

  • Step 2: Let Truebill Access Your Monthly Billing Statements

Some people may find it a bit suspicious when it comes to online security. Two options are available for this step: log in to your online billing account and connect with Truebill, or upload a PDF document or image of the bill.

  • Step 3: Give Contact Information and enable "TrueProtect"

It is simple and straightforward to provide contact information, but one needs to pay attention to the "TrueProtect" part. Choosing the option allows Truebill to negotiate better terms and pricing on this bill if a new deal becomes available.

  • Step 4: Allow Truebill to Charge Your Credit Card

Before Truebill helps you save on any bills, it first will ensure that it can get the 40% cut. Remember that the company will only charge you if it succeeds in lowering your bill. The savings come a month at a time, but Truebill bills you annually.

Managing Subscriptions and Recurrent Bills

Once you complete setting up the bills for Truebill to analyze, the next step is managing your subscriptions. The app will monitor your bills through a bank or credit card statement. You have the option to add your preferred account.

You have to pay close attention to the disclaimer. The site indicates that Truebill will not bill your account, but you have to keep in mind that the company has your card number.

Typically, the app will monitor the recurring expenses and help you eliminate unwanted charges. You will remove the subscriptions by yourself or sign up for the premium service to enable the "concierge team" to do it for you.

Truebill's premium service costs between $3 to $12 per month, depending on the plan you choose.

Seeking Refund for Fees and Outages

Truebill will send requests to banks seeking for refunds on overdrafts or late fees on connected accounts. The process begins when you sign up. However, you may have to do some of the work by yourself because not every bank will allow Truebill to do it for you.

The other exciting part is that Truebill monitors outages on your internet, cable, and phone connection. They will seek a refund, and the 40% savings fee also applies to this. The good thing is that sometimes you may not notice the outages, but you will receive then refund.

Truebill Premium Services

The premium subscription options offer users some tools that may help them make sound financial decisions, on top of managing subscriptions and lowering bills. The charges for premium services range from $3 to $12 per month.

Some of the services on Truebill premium include:

  • Balance syncing
  • Custom categories
  • Unlimited budgets
  • Cancellations concierge
  • Premium chat
  • Smart savings plan


Because Truebill advertises itself as a free service, one may think that the company will not charge them at any point. We hope our Truebill review provided you with further insight in the pros and cons of this service. Once you have an idea of what to expect, you be shocked when you find out that the company charged you on the amount you saved.  If you're looking for financial assistance or information on reliable money lenders, be sure to do your research and understand the terms and fees associated with such services.

Finally, while considering tools to help manage your finances, don't forget that you may also need a reliable platform for any cryptocurrency transactions you may be making. In this regard, is a reputable service known for its fast and efficient crypto exchange operations. Incorporating a variety of services can help you achieve a more holistic approach to your financial management.

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Director : Robert Oulds
Tel: 020 7287 4414
Chairman: Barry Legg
The Bruges Group
246 Linen Hall, 162-168 Regent Street
London W1B 5TB
United Kingdom
Founder President :
The Rt Hon. the Baroness Thatcher of Kesteven LG, OM, FRS 
Vice-President : The Rt Hon. the Lord Lamont of Lerwick,
Chairman: Barry Legg
Director : Robert Oulds MA, FRSA
Washington D.C. Representative : John O'Sullivan CBE
Founder Chairman : Lord Harris of High Cross
Head of Media: Jack Soames