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Billshark Review: Is This New Bill Negotiation Service the Best Out There?

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There may be times in life where you need a little bit of help improving your financial picture. Perhaps payments are out of control, and you’re unsure how to find ways to save money.

Luckily, there are services available that can take a look at your finances and help navigate your way back to financial dry ground.

We’ve extensively explored the benefits, costs, and pitfalls of new and increasingly popular service Billshark. Our review will guide you through each facet of using Billshark to reduce every monthly bill in select categories.

Billshark Review: Overview

Billshark review

Billshark first appeared on the scene in 2015 out of Hopkinton, Massachusetts. Shark Tank star Mark Cuban endorses the service.

The company received accreditation from the Better Business Bureau in 2016 and still has an A+ rating.

The business model is relatively simple, with Billshark taking a portion of the money they save you as their commission.

What is Billshark?

Billshark negotiates bills for its customers to lower payments, save them money, and improve their financial picture. It handles monthly subscriptions and services like cable packages, cell phone contracts, and others.

Though some may be attracted to lowering their bills themselves to save even more, Billshark is highly successful with an advertised 90% chance of saving you money in some form.

Even more, Billshark offers other smart, helpful services for savings-savvy customers, such as the ability to check your insurance rates and cancel unnecessary or forgotten subscriptions.

Unlike other bill negotiation services, Billshark ensures that you save money—or their earnest attempts are entirely free of charge.

Simply by opening an account with them, you can start uploading your bills and information to begin the negotiation process to discount what you currently pay. Billshark has become an industry-leading bill negotiation and financial health company that saves its average customer $300 to $500 per bill.

Their performance in reviews is above average in their industry. The savings they pass on to their customers has made a name for them in the savings space. Their experience only continues to grow alongside an impressive rate of success.

How Does Billshark Work?

How does Billshark work?

To preview how much the financial service may be worth in the long run, the Billshark website includes a handy calculator that estimates the potential savings on cable bundles, cell contracts, home security services, and others that you might wish to reduce.

If you want to work with Billshark, you simply open an account through their website or mobile app.

After filling in the necessary personal information, you can select the bills and subscriptions you wish to negotiate. You’ll upload images of them directly to Billshark’s app, which will then negotiate on your behalf to lower your payments.

When negotiations succeed, you will be notified by phone, through email, or in the Billshark app. The notification contains how much they were able to save you, when you can expect your savings to start, and how the bill was effectively lowered on your bill.

>> Sold on Billshark already? Click here to start saving on bills today! <<

Is Billshark Legit?

Billshark is a relatively new presence in the world of bill negotiation, started in 2015 by current CEO Steve McKean. He believes that he can benefit society by improving financial health one bill at a time.

That’s one reason that a billionaire entrepreneur like Mark Cuban backs Billshark. With a trusted reputation for developing up-and-up solutions to consumer challenges, Cuban has turned the small Billshark idea and enterprise into a robust product that helps a growing number of Americans who statistically overpay on bills issued each month.

Along the way, Billshark uses top information encryption and internet security measures to keep you safe. They never share your personal or activity information with third parties or leave it open to internet threats.

Billshark has been accredited since 2016 with the Better Business Bureau. Billshark carries an A+ rating and reaches above a 4.5-star rating for their help. They also have over 150 real customer reviews that communicate the fairness of the company and the trust that new enrollment can expect.

What Do You Get with Billshark?

Without costing you anything—after savings—Billshark gives you a way to lower your most oppressive bills without all the stress of doing it yourself.

Their support through expert negotiating will be more successful with lowering your monthly expenses, protecting your time, and, ultimately, saving money.

The top benefits of Billshark are its effectiveness and ability to save you frustration. The platform satisfies over 90% of customers. Through Billshark, you can get help on all of the best three ways to save money on monthly bills:

  • Lower your monthly bills
  • Cancel your unnecessary bills
  • Check your insurance rates

Lower Your Bills

Most Americans pay too much for their internet, wireless, and other bills without negotiations.

However, they have no idea that they can lower these expenses with the right strategy. Even if they do, they don’t know how it can be done or have the time to call while balancing work, family, and life responsibilities.

Billshark doesn’t cost anything if they can’t lower your bills, and when they do, they charge a fraction of the savings rather than an excessive flat fee.

In that sense, they guarantee that you save money without the risk of paying for a service that just doesn’t work. Lowering your bills is what makes Billshark profitable, so the chance that they can help you save is their top priority.

When it comes to the details of reducing each bill you pay, Billshark’s expert negotiating will lock in the best possible rate for you with consistent communication throughout the process. Using a concierge experience and modern communication methods like easy SMS, customers can relax as they watch their monthly bills drop.

Cancel Your Bills

Sometimes the quickest way to save money is simply cutting the services you no longer need or find valuable. For this, Billshark can act in your best interest by canceling the monthly subscriptions you decide aren’t serving you anymore.

In many cases, Billshark is even able to secure refunds from these tight-fisted providers. When you have unused services or those covered by specific cancellation policies, Billshark can help.

To engage this money-saving service and begin canceling your unnecessary subscriptions, Billshark charges a modest fee of $9 per cancellation. Rather than focus on the small fee they pay, most customers value the time saved on individually canceling services themselves.

Check Your Insurance Rates

Billshark savings calculator

Many know all too well that home and auto insurance rates are unstable. You’ve likely seen that insurance rates go up every year without fail!

Billshark can help with a free tool for those who worry that their insurance company is overcharging them. By checking with Billshark, you can be sure that you are getting a fair and reasonable rate for a policy – even services you’ve had for years.

Using their savings calculator specifically for auto and home insurance, you can select your provider and see if your current monthly payment remains competitive and best for you after its periodic price hikes.

The tool is free and accurate at estimating how much you might save by making changes to your provider. By giving a few details about what insurance features you need, Billshark can help you identify great value and save you money.

>> Ready to start saving money with Billshark? Click here to sign up for the service now! <<

Billshark Review: Satisfaction Guarantee

Billshark promises customers that they can take a chunk out of your monthly bills. They aim to keep companies honest when it comes to misleading tactics and your actual ability to lower your bill. Additionally, they also ensure that the savings stick, typically with a contract every two years.

If a provider reverts to the old price or decides not to observe the terms negotiated on your behalf by Billshark, they will make sure to get you back to the agreed-upon, lowered price.

In the event that the company in question won’t work with them, Billshark refunds your savings fee entirely. There’s no need to call to get back your fee because Billshark promises you’ll never pay a penny if you don’t get help.

How Much Does Billshark Cost?

Billshark only charges customers a fee when they save them money on their target bills. Otherwise, the service is free of charge.

Even then, their fee is calculated as a portion of your total savings. This means that it pays for itself in the end. The usual rate is 40% of the reduction.

For example, if you save $1,000 per year on your wireless or cable bill, Billshark will invoice you for $400, so you get the best chance to save money.

Billshark Review: Pros and Cons

Though Billshark lives up to its mission, many people see downsides to its risk-free service. At the same time, Billshark is uniquely successful at lowering bills, canceling subscriptions, and finding better insurance rates. Here is a top-level comparison of its benefits and potential pitfalls:

Billshark Pros

  • Experienced Negotiation
  • Extremely effective at lowering bills
  • Post-Payment Policy
  • Reduced Risk
  • Free Calculators

Billshark Cons

  • 40% Post-Payment
  • Upfront Invoice

>> The pros outweigh the cons, so what are you waiting for? Become a Billshark user today by clicking here! <<

Is Billshark Right for Me?

Is Billshark right for you?

Billshark is right for you if you wish to stop overpaying for essential services. Also, it could be for you if you desire to cancel unnecessary subscriptions and find better insurance rates. Their ability to benefit customers with bill reduction, service cancellation, and money savings is shown to be effective.

Billshark Reviews by Customers

Billshark commands an A+ rating from the Better Business Bureau. The service also receives nearly 5-star ratings on sites like birdeye.com with over 4,000 reviews. For the great majority, they offer a valuable and enjoyable service. Here are a few of recent reviews:

Billshark commands an A+ rating from the Better Business Bureau. The service also receives nearly 5-star ratings on sites like birdeye.com with over 4,000 reviews. For the great majority, they offer a valuable and enjoyable service. Here are a few recent reviews:

About a year ago I contacted Billshark. At the time, they tried and could not lower my bills with ******** because I was having the best deal already. About a week ago they’ve contacted me out of the blue and told me where able to save me $81 (I only have internet). That’ll cover for a month and half. Thank you for Billshark. You guys are the best and did not give up in trying to save me money. YOU ARE AWESOME!!!

– Jimmy, on Better Business Bureau

Saved me way over $500 on JUST TWO BILLS
I very strongly recommend BillShark. The Agents are incredibly helpful and fast to respond and they get to work on your Bills at once and ask you before they make any changes thag will affect your services. Most incredible service i have ever used. Just wish it had features like TrueBill to Find and Cancel Unwanted Subscription Payments and such Features too. I love BillShark and will be Uploading several more Bill to BillShark now.

– Amber, on Birdeye

Billshark Review: Is Billshark Worth It?

From our research, we recommend the cost that savings customers can secure through them.

There is little reason that Billshark could not be worth the investment when it pays for itself. The savings speak for themselves.

It appears very true that Billshark wants to benefit every consumer

>> Ready to start saving on your bills and have some extra cash set aside? Click here to sign up for Billshark today! <<


Jessica is a published author and copywriter specializing in personal and investment finance. Her expertise is in financial product reviews and stock market education.