BillShark claims that you can reduce your bills with them in less than two minutes and save up to 25% on your bills each month. They say impressively that their sharks have a success rate of 85% when negotiating accounts for their customers. Are they blowing steam or is it legit?
I've reviewed a bunch of different savings apps that can help you save on your bills like Trim, Capital One Shopping, Rocket Money and Earny so I wanted to learn more about BillShark. Plus, after hearing that famous billionaire Mark Cuban backs the company I wanted to dig in even more with a full BillShark review.
We'll find out in our BillShark review if this is a scam or can they really lower your bills?
BillShark App Download
Short Description about BillShark
What is BillShark?
BillShark claims they can negotiate lower prices on your monthly bills to save you time, money and hassle.
We've found that BillShark has an 85% success rate negotiating bills for Cable TV, Wireless Phone, Satellite TV, Internet Access, Satellite Radio, and Home Security.
- The larger and older the bill, the more money they can save customers
- Best for affluent people 35+ who are married with a family and are homeowners who don’t move frequently indicate they have larger and older bills
- Not ideal for those who are young, unmarried people who move often
- Cell phone bills outside of Verizon, ATT, Sprint are pretty much non-negotiable – T-Mobile, MetroPCS, and budget carriers should be avoided.
- Pretty much all cable and tv bills are negotiable
How BillShark Works
The process is relatively simple, and if you can download the app and send your bills, you are ready to go. What they do is negotiate with your cable or satellite provider, your internet service provider, your home security provider, your satellite radio supplier, and so on. BillShark helps you lower your bills by calling your service providers and negotiating the best price on your behalf.
BillShark is a paid service, accessed via a desktop computer or via its mobile application, which allows you to download invoices for services such as cable and satellite television, home security, cell phone service, Internet services, etc.
BillShark then assesses your invoices and negotiates on your behalf to save you money on these invoices.
If BillShark cannot reduce your costs, its services will not be charged. If this succeeds, BillShark will calculate 40% of your new annual savings.
The staff at BillShark.com are trained in the strategies they can use to successfully negotiate plans and payments with service providers to help you reduce your bills.
All you have to do is send copies of your invoices to their Sharks team via their website, mobile app or e-mail. You will then be regularly updated while their team strives to save money through your suppliers. Here are some the bills they negotiate for you:
It is clear that BillShark is a reliable service that works well. After reviewing consumer feedback on BillShark, it was recognized that the service was beneficial and that customers in most cases could save between $300 and $ 5,700 per year by allowing the company to negotiate their name.
Pros & Cons of BillShark
Although this is not something you will use most of the time, BillShark seems an excellent place to go if you think you pay too much for one of your technical subscription services.
Is BillShark a Scam?
Well, no! BillShark is legitimate and helps its users to reduce their invoices for years. However, this does not automatically mean that they will reduce your bill for you. Sometimes they cannot do anything to help you. If you lower your bills, you must access a 40% fee. But we think 60% of savings is better than nothing at all.
Currently, there are many other similar BillShark services, including apps studying your subscriptions and recent purchases to see if they can negotiate savings due to price reductions. The two most popular apps that do this are Capital One Shopping and Earny! Another popular app that does the same thing that BillShark does is Trim.
Capital One Shopping compensates us when you sign up for Capital One Shopping using the links we provided.
BillShark Bottom Line
BillShark is a convenient, no-hassle way to lower your bills. You'll never have to haggle with your current providers, saving you time and money. They negotiate lower prices on your monthly bills to save you time, money and hassle. They have a team of expert bill negotiators will make sure you never overpay again. BillShark is worth downloading to see what savings you can get without much risk at all except your time.