Billshark review March 2021 |
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Billshark review

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Slice your bills in half, but with a 40% service fee.

Billshark saves you time and money by negotiating bills with your service providers. But the company takes a 40% cut of any savings it earns you.

$0 per month





Service fee


Fee$0 per month
Service fee40%
Intro or bonus offerWith the submission of a valid bill, you will receive a "Choose Your Reward" code. The code lets you choose between dining, travel, grocery, and shopping rewards
ATMsNo access to ATMs

Expert review

Cassidy Horton

Review by

Cassidy Horton is a writer for Finder, specializing in banking and investments. She has a Bachelor of Science in Public Relations and a Master of Business Administration from Georgia Southern University. Cassidy enjoys educating people about financial services, exploring the Pacific Northwest and watching endless reruns of The Office.

Expert review

If you think you may be overpaying for certain bills and don’t want to call your service providers, Billshark may be a good fit.

The company does the entire bill negotiation process for you, which frees up time for you to focus on more important things.

If it can’t successfully negotiate a lower rate, you won’t pay a dime. But if it does, you’ll fork over 40% of your long-term savings upfront.

How much does Billshark cost?

Once Billshark closes your negotiation, it will charge you a fee equal to 40% of your savings.

For example if it saves you $50 a month for 12 months, you pay Billshark $240 of your $600 savings. If you save $50 for 24 months, you pay $480. The 40% fee is capped at 24 months, so if you save $50 for 36 months, you’ll only pay a $480 fee.

Customers who can’t pay the full amount up front can opt into a payment plan with their partner Split to spread the payments over two to six months with a one-time payment fee of $9.

How do I open a Billshark account?

Set up your account with Billshark online using the steps below:

  1. Click Apply now.
  2. From the Billshark website, click Lower My Bills.
  3. Enter your email and create a password.
  4. Select the type of bill you want Billshark to negotiate.
  5. Select your bill’s service provider.
  6. Choose whether you want to upload your bill or have Billshark get the bill for you.
      a. If you choose the first option, you’ll upload your bill as a PDF, JPEG, GIF or PNG.
      b. If you choose the second option, you’ll be prompted to enter the username and password for your service provider.
  7. Enter your name, the last four digits of your Social Security number, your phone number and any special instructions. Click Save Now.

How does Billshark work?

Billshark is a performance-based service, so you’ll only pay the 40% service fee if it successfully lowers your bill.

The site negotiates bills for your wireless phone, television, satellite radio, Internet, home security system and more.

Is Billshark safe to use?

Billshark was featured on USA Today, CBS News, Washington Post and more. The site is SOC 2 compliant and uses the same security technology used by banks. Billshark doesn’t store your credit card information and won’t sell your personal information to third parties.

What are the pros and cons of Billshark?

Billshark has the following benefits and drawbacks:


  • Billshark negotiates for you. You don’t have to set aside time to call your service providers yourself. Billshark does all the work.
  • You don’t pay unless you get a better rate. Billshark only charges you if it successfully saved you money.
  • Savings calculator. Use the Billshark savings calculator to estimate potential savings before you sign up.
  • Guarantee. If your provider doesn’t follow through with the negotiated rate, Billshark will adjust the savings fee.


  • High service fee. If Billshark negotiates a better rate, you pay 40% of your total savings to the company.
  • Upfront payments. You pay 40% of your long-term savings to Billshark up front. You’ll receive an invoice three days after a successful negotiation and payment is due within five days.

Before you decide to fork over 40% of your potential savings, check out this guide to budgeting for beginners.

Compare Billshark with other budgeting software

Data updated regularly
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You won’t pay a dime if this company can’t lower your monthly bills. But you’ll pay a hefty fee if it does.
Emma helps you in avoiding overdrafts, finding wasteful subscriptions and giving you control over your finances.
Digit analyzes your spending and automatically saves an appropriate amount every day so you don't have to think about it.

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