To cancel your Rocket Money subscription, navigate to Settings, select Premium Membership, then Manage Membership. Move the slider to $0 and follow the subsequent steps to end your membership completely.
Rocket Money has a solid 4.3-star rating from over 87,000 reviews on the App Store, so it’s clear that a lot of people find it helpful. The app acts like a financial assistant, pulling all your financial info together so you can easily track your spending, manage your subscriptions, and more.
However, the premium features can be a bit expensive. Plus, you’ll need to connect both your savings and checking accounts to use the app, which may not be for everyone.
In this guide, we’ll walk you through how to cancel your Rocket Money subscription and suggest alternative options you might want to check out.
How to Cancel Your Rocket Money Premium Membership
Whether you’re reassessing your budget, found a service that better fits your needs, or simply no longer require the features offered, you might consider canceling your Rocket Money Premium membership.
To cancel Rocket Money on the app:
- Go to Settings, which is found in the upper left corner of the Rocket Money dashboard.
- Click on Premium Membership.
- Scroll down and tap Manage (Note: If you do not see this option, you may have already canceled your Premium membership.)
- Drag down the slider to $0. This will change the Update Subscription button into a Cancel Subscription
- Proceed with the steps that follow to terminate your membership fully.
To cancel Rocket Money on the web version,
- Go to Settings on the Rocket Money dashboard.
- Click on Premium.
- Scroll down and select Manage. (Note: If you do not see this option, you may have already canceled your Premium membership.)
- Drag down the slider to $0. This will change the Update Subscription button into a Cancel Subscription.
- Proceed with the steps that follow to terminate your membership fully.
How to Cancel Rocket Money Free Trial
When you sign up for a Premium Membership, you’ll enjoy a 7-day free trial to explore all Rocket Money’s available features. Remember, after the trial, the subscription plan you chose when you signed up will be charged.
If you wish to prevent any fees, ensure you cancel your subscription before the trial expires. The cancellation process is the same as it would be for an active premium subscription:
- Go to Settings on the Rocket Money dashboard.
- Click on Premium or Premium Membership.
- Scroll down and select Manage or Manage Membership.
- Drag down the slider to $0. This will change the Update Subscription button into a Cancel Subscription.
- Proceed with the steps that follow to cancel the free trial and avoid further charges.
How to Cancel Subscriptions on Rocket Money
Ready to cut ties with a service you no longer need? Here is how to cancel a subscription you have in Rocket Money and eliminate unwanted charges efficiently:
- Tap on the Recurring tab at the bottom left (if you’re on the mobile app) or upper left (if you’re using the web version).
- Select All near the top of the screen to see your full list of subscriptions.
- Then, click on the three dots (•••) at the right of the subscription you wish to cancel.
- Choose the Cancel Service.
Note: Rocket Money’s Subscription Cancellation Assistant feature is exclusively available to premium members. Curious how much Rocket Money charges to cancel a subscription? They’ve set up a flexible premium plan that ranges from $4 to $12 per month, with the $4-$5 options being billed annually for your convenience.
Related guide: 5 Best Budgeting Apps Like Rocket Money
A Better Rocket Money Alternative: Cushion.ai
While Rocket Money provides comprehensive financial tools, its features may not perfectly suit everyone’s financial needs.
If you want to explore more options, Cushion emerges as an excellent alternative, with a high satisfaction rate of 4.8 out of 5 based on over 3,000 Trust Pilot reviews.
Cushion mirrors Rocket Money in bank syncing and expense tracking but stands out by offering a calendar view for bills and improving your credit score through Buy Now, Pay Later (BNPL) transaction reports to credit bureaus. It further enhances financial management by integrating with Google Calendar. This ensures you’re well-informed about your financial commitments in real-time and improves your financial health. Get Started with Cushion →
Related article: How to Cancel Cleo AI Subscription
Summary
Rocket Money offers an automated financial management platform, but it may not suit everyone.
If you’re seeking a different financial solution, you can easily figure out how to cancel Rocket Money by following this guide.
You can also explore alternatives like Cushion. This app emerges as a robust solution for enhancing credit through regular payments, managing subscriptions, and seamlessly integrating with your Google Calendar for real-time financial updates.
