This is my BillCutterz review. I first came across BillCutterz.com while reading a popular personal finance blog called Christianpf.com. He mentioned it as an alternative to having to negotiate bills yourself. I loved the idea and jumped at the opportunity to have them lower my bills.
First off what is BillCutterz?
Billcutterz.com is a bill negotiating service. After sending them your bills, they call each of your service providers and negotiate with them on your behalf. They continue to maintain your accounts to ensure you are getting the best deal possible.
What bills will they negotiate?
They are willing to negotiate the following bills…
- Cable TV
- Satellite TV
- Cell Phone
- Printing Services
- Waste Management
BillCutterz will negotiate almost anything that is a service. In some states where industries like utilities are regulated there may be no negotiating allowed on your bill by law. In my state BillCutterz couldn’t do anything about my electric bill. But they were able to lower my natural gas bill, so I recommend just sending all your bills in to see what they can do for you.
What do they charge?
One of the greatest things about BillCutterz is that they don’t make money unless they save you money. When and if they are able to save you money on your monthly bills they will bill you for 50% of what they were able to save you. This can be reduced to 40% if you are willing pay them in advance for the savings. Otherwise they just bill you monthly for the 50%. If they are not able to save you any money at all, they will not charge you anything. This is because they are confident they will find a way to save you money.
Are they safe to use?
This was one of my initial concerns when I found out about BillCutterz.com. I did as much research as I could. I started with the Better Business Bureau. One thing to remember with the BBB is that to become an “Accredited Business” the business must pay the BBB a fairly large sum of money. That being the case don’t worry so much about the fact that BillCutterz.com is not accredited. Fact is, the BBB still monitors any complaints filed against the company. Turns out they have monitored Billcutterz for over 3 years with no complaints, as seen below.
I had the opportunity to have Katie DePuy as my money saving expert. She was extremely professional and a pleasure to deal with.
I asked BillCutterz for a few pictures of the other people you may encounter in your money saving adventure.
I first submitted my bills to BillCutterz.com on November 28th 2012. I submitted them electronically via their website; you can also send them in by fax or snail mail. I received a call from Katie the next day, she asked me a few questions about what I was willing to do with my service providers. Such as would I sign up for another year of service or was I willing to decrease my service if it meant I would save money. She then called my service providers, a few of my service providers wanted me to make her an account manager, we did this via a three way call that Katie set up, it was easy.
She called me back later with my results. She was excited to let me know what she had saved me; I think she has a pretty cool job. In my results I’m providing some of my actual statements so that you know that this is absolutely real and works.
Trash Bill Results
Before BillCutterz $48/quarter
After BillCutterz $39/quarter
Savings after BillCutterz cut (40%) $2.16/mo or $25.92/yr*
*Some of the savings accomplished on my trash bill came from BillCutterz letting me know that I was paying for recycling each month. I won’t go into how I feel about this because it can be controversial but I am not going to pay for recycling.
Sprint Bill Results
Before BillCutterz $226.04/mo*
After BillCutterz $186.04/mo
Savings after BillCutterz cut (40%) $24/mo or $48/2 months**
*Just to help some of you understand why my bill is so high, Janna and I share our cell phone plan with family, so there are 4 phones on this bill.
**BillCutterz negotiated this rate for only 2 months. After the two month term they will re-negotiate this bill.
ATT Results (Internet)
Before BillCutterz $54.42/mo
After BillCutterz $39.42/mo*
Savings after BillCutterz cut (50%) $7.50/mo or $90/yr
*My December Bill below has a $13 credit applied to it for Nov’s bill. That is why the Bill for Dec is $26.42.
Scana Natural Gas Bill
Before BillCutterz $1.029 per therm*
After BillCutterz $0.569 per therm
Savings after BillCutterz cut (50%) $0.23 per therm or $5.52/mo or $66.24/yr**
*This per therm amount is an average of what I paid per therm for the previous year.
**The dollar amounts saved is an average based on my previous year usage.
Total saved so far is $230.16. I will update this total when they save me more on my sprint bill.
BillCutterz.com makes a ton of cents : ). I’ll admit, I’m too lazy to call my service providers every time I face a rate increase. I’m sure some may disagree with me but I hate calling these companies to begin with; most of the time I end up having to get mad to get anything done. BillCutterz makes my life easier and saves me money without having to pay any upfront fees or wasting my time on the phone with providers that don’t want to budge.
This is my BillCutterz review, it is not a paid review. I do however have an affiliate style relationship with BillCutterz.com. I will receive a small commission (at no cost to you) for people that I refer to them. You can either use my link to BillCutterz.com or you can mention our blog in the sign up process (Live Frei). Thank you in advance for your support.
Let me know how much BillCutterz was able to save you in the comments below. I’d love to hear about your savings!