Trim vs Truebill: Which Is Better?

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Stop and think about all your various subscription services. There’s Netflix for movies and TV, Trade for coffee deliveries, Spotify for music, Home Chef for groceries, AT&T for your cell phone… the list goes on and on.

Subscription services are convenient. No judgment! In some cases, they’re critical for daily life. Yet, they’re often expensive and difficult to keep track of, especially if you’re using a lot of them. 

Two services you can use to get a grip on your subscription services are Trim and Trubebill. But which is best for you?

Here’s a quick comparison summary:

Pricing$99/yr for premium | Has free version$36-48/yr for premium | Has free version
User experienceMore features | Easy to useFewer features | Easy to use
Customer supportEmail support onlyLive chat assistance
Security256-bit encryption256-bit encryption

Keep reading to explore the pros and cons of Trim vs Truebill so you can determine which makes the most sense for your unique financial situation.

What is Trim? 

Trim is a leading financial management service with the mission of helping customers solve financial problems and live the life they want. To date, the company has saved customers over $40 million by helping them cut back on daily bills and unwanted subscriptions. 

How Trim works 

Like most platforms today, the Trim app is pretty straightforward. Here’s a brief overview of how to get started on the platform. 

1. Open an account with Trim

Head to Trim and sign up for their service for free. You can access Trim through an internet browser, or you could download the Trim app. 

Trim offers a free 14-day trial to start their premium service. After the trial period ends, Trim Premium costs $99 per year. So you won’t have to pay anything upfront, but you’re going to have to pay the annual fee if you want to keep using the service. 

If you decide you don’t want to use Trim, you’ll have to cancel the trial before it ends. Otherwise, you may be charged.

2. See where you can save 

Once you sign up for Trim, the platform then analyzes your spending patterns and looks for ways to possibly save you money. 

Here’s the great part: You don’t have to listen to what Trim says. Just because Trim says you should possibly remove a service, you don’t have to take their advice. 

It’s a free country! You’re just paying Trim to provide an auditing service and give you financial advice, not run your life. 

3. Let Trim analyze your bills 

Once Trim has a clear understanding of your spending patterns, the service goes to work as a financial coach of sorts, negotiating various bills from cable companies, internet providers, cell phone companies, medical providers, and subscription services.

Trim (Free) vs. Trim Premium

Signing up for trim is 100% free, but many of their offerings require a Trim Premium subscription.

Here’s a quick analysis:

Trim (Free)Trim Premium
Pricing$0$99 per year
Bill NegotiationTrim takes 33% (if successful)✔️
Subscription MonitoringIncluded for first 30 days✔️
Daily Transaction MonitoringIncluded for first 30 days✔️
Debt Payoff Calculator✔️✔️
Bank Negotiation (credit cards and bank fees)✔️
High-Yield Savings Account✔️
Subscription Canceling✔️
Negotiate Medical Bills✔️

What we like about Trim

  • Easy to use
  • Offers an app for on-the-go financial management
  • Uses strong bank-level security (i.e., two-factor authentication)
  • Great customer service
  • User-friendly experience

What we don’t like about Trim

  • Helps with savings only; no investing options
  • Limited customer service
  • Limited educational resources 

What is Truebill?

Trubebill offers a very similar service to Trim. You can use Truebill to identify and cancel unwanted subscriptions. It’s incredibly easy to use and effective at helping consumers identify financial waste so they can save money. 

How Truebill works

1. Get the Truebill app

The Truebill service can be accessed over an internet browser or mobile app just like Trim. If you’re an on-the-go saver, consider heading to the App Store or Google Play to download Truebill and start saving on your monthly bill.

How much does Truebill cost?

Truebill is free. But the company also offers Truebill Premium, a service you can choose to pay between $3 and $12 a month to use or between $36 and $48 for the year.

Premium accounts enable you to sync your balance, access premium chat, and use a cancellation concierge service, among other perks.

You’ll also have to pay fees for bill negotiations and outage refunds too.

2. Connect your accounts 

Once you’re up and running on the Truebill platform, the next step is to connect all your various accounts. If you have a checking account or credit card, you’ll need to give Truebill access so the service can analyze your accounts and pull data. 

This may seem invasive, but the service needs a bit of access in order to work. Unless you grant access, Truebill won’t be able to review where your money is going. 

3. Start saving

Once Truebill analyzes your spending, the service then gives you an updated financial report. 

Just like Trim, the service won’t cancel any subscriptions unless you give it permission to do so. So, there’s no threat of losing access to a subscription unexpectedly.

Truebill (Free) vs. Truebill Premium

Truebill is also free to sign up for the basics but includes more service options with Trubill Premium.

Here’s a quick breakdown:

Truebill (Free)Truebill Premium
Pricing$0$36 – 48 per year
Bill Negotiation40% (if successful)40% (if successful)
Managing Subscriptions✔️✔️
Premium Chat Support✔️
Cancellations Concierge✔️
Custom Categories✔️
Unlimited Budgets✔️
Smart Savings Plans✔️

What we like about Truebill

  • Cut down on wasteful spending (e.g., late fees and overdraft charges)
  • Become aware of bad spending habits
  • Mobile app and browser option
  • Well-rated app on both iOS and Android

What we don’t like about Truebill

  • High service fees
  • Limited educational tools
  • Still another subscription service 

Comparing Trim vs. Truebill

Premium Pricing

It’s not quite as simple as comparing Trim to Truebill and saying one has better premium pricing. It largely depends on your spending habits and needs.

After the 14-day trial period ends, Trim charges $99 per year for their premium service.

On the other hand, Truebill Premium costs up to $48 per year depending on your level of service.

Premium Pricing$99/year for premium$36 – 48/year for premium
Bill Negotiation33% with free | 0% with premium40% with free and premium

Both apps also have a free version, but with fewer features. Check out our free vs. premium analysis for both Trim and Truebill.

User experience 

The desktop experience is pretty comparable between the two, and it’s impossible to say if one is better than the other. Both Trim and Truebill are easy to use and don’t require much or any work on the user’s part after registering.

However, Truebill has free iOS and Android apps, while Trim doesn’t.

Your best bet is to try both platforms and see which one you prefer for managing subscriptions and negotiating bills. You also may find that you like both equally… or don’t want to use either financial service. 

If that’s the case, you may try alternative spend management platforms like YNAB or Mint.

Customer support

Unfortunately, it’s not easy to make a quick phone call to either company asking for support. That said, Truebill at least offers live chat assistance in their app.

This is more than you’ll find with Trim, which directs users to an email address. 


Trim requires you to store your bank account credentials and financial information on the platform. This may be scary for some users. 

However, Trim uses Plaid to connect to over 15,000 financial institutions in the United States along with 256-bit SSL encryption. According to the company, their servers are hosted on Amazon Web Services (AWS), giving you the peace of mind that comes with knowing the technology you’re using is built on some of the strongest public cloud infrastructure in existence.

For more information on Trim’s approach to security, check out Trim’s security policy.

Truebill also uses Plaid to connect to U.S. banking institutions, enabling secure access. Yet just like Trim, Truebill requires users to store their banking credentials. 

Truebill also uses AWS for hosting. Read up on Truebill’s security policy for more information.

The two services have very similar security policies. 

Tips for using money-saving apps 

Chances are using apps like Trim and Truebill may be new for you. Here are some things to keep in mind when using these types of services to get the most out of your experience. 

Correct your behavior 

Trim and Truebll can both work to help you cut your monthly expenses. Yet, while they’re great at helping you save a few bucks, neither really addresses the true problem at hand: reckless spending.

Take a hard look at your spending so you can get to a point where you don’t have to rely on an app to do it for you. Resist needless buying and live a more frugal life so you can reach financial freedom sooner rather than later. 

For the best results, use budgeting to improve your habits, so you can keep more money in your checking account and savings account instead of funneling that cash to service providers every month.

Consider reducing spending manually 

Another reason Trim and Truebill aren’t the perfect solutions is that they’re convenience apps. 

You should be able to quickly look at your monthly budget, identify areas of waste, and manually go through the process of either canceling unwanted subscriptions or bill negotiation by yourself, without having to pay a personal finance app to do it for you. 

A big part of financial independence involves avoiding paying for things because they’re convenient. Take the harder route and you’ll save money while accomplishing the same goal.

Don’t deprive yourself

As you look to reduce spending, think hard about the subscription services you use. 

It’s one thing to suggest canceling all of your subscriptions, but there may be some services that you depend on. 

It’s possible to save money and practice responsible spending without living a life of total, monk-like austerity. So, think hard about the services you’re using and decide what you can get rid of and what you may want to keep.

Frequently asked questions

Do apps make good financial planners?

Some apps make better financial planners than others. Before you pay for a service, consider demoing the platform to make sure you like using it and that it actually offers value.

When using apps, you should always ask whether you could do as good a job or better without paying. Just because a personal finance app is convenient and effective doesn’t necessarily mean it’s worth the price tag.

What is a bill negotiation service?

A bill negotiation service attempts to contact a service provider and negotiate a lower rate on the customer’s behalf.

For example, a financial services app may discover that a customer is overpaying for their cable and internet bill. The bill negotiation service may reach out to try and get better deals from that company or perhaps even a competitor offering a better rate.

A strong bill negotiation service will help customers save money from the companies they’re using on a daily basis.

Is a budget good for financial health?

Sticking to a budget is arguably the best thing you can do for your financial health. When you stick to a budget, it automatically enables you to see where your money is going and how you’re potentially wasting it. 

It isn’t hard to stick with a budget. And, as time goes on, it can be adjusted. 

What’s the best way to eliminate recurring bills?

The best way to eliminate recurring bills and improve annual savings is to audit your finances and look at where your money is going.

If you have too many expenses and limited time, you may have success using an automated service like Truebill or Trim. These apps can help you identify areas of waste, saving you time in the process. 

That said, this is something you should probably be able to do on your own.

The Bottom Line

At the end of the day, personal finance apps like Truebill and Trim can help you reduce spending by lowering your monthly bills. Over time, any extra money you save and invest can significantly improve your financial life. You can also use Truebill and Trim to automate smart savings. 

The truth is that all consumers can benefit from having lower bills and fewer recurring charges. Saving money and budgeting should be top priorities for investors of all stripes. 

That said, the only question left is whether you need an app to take care of this important function for you, or if you’d be better off doing it manually. 

If your goal is long-term financial independence, you may want to take matters into your own hands so that you can get a better understanding of your financial position and figure out your next moves from there. When you stop to think about it, spending money on a subscription that aims to help you remove unnecessary subscriptions from your life seems a bit ironic, doesn’t it?

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