Personal Finance · head to head
Rocket Money vs Fidelity
Rocket Money
Personal Finance
Cancel subscriptions and save money automatically
- From
- Free
- Rated
- -
The short version
- Only Rocket Money has a free tier, so it costs nothing to try first.
- Each has a real cost: Rocket Money successful bill negotiation costs a one time fee of 35% to 60% of the first year's savings; Fidelity options trades carry a 0.65 USD per contract fee on top of zero commission
- They diverge on capability: Rocket Money covers Subscription tracking, Fidelity covers Commission-free trading.
Where they differ
Only the attributes on which Rocket Money and Fidelity actually diverge.
| Attribute | Rocket Money | Fidelity |
|---|---|---|
| Starting price | Free | On request |
| Pricing model | freemium | transaction |
| Free tier | Yes | No |
| Founded | 2016 | 1946 |
Identical on both: platforms (Web, IOS, Android), user rating (Not yet rated), category (Personal Finance).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Rocket Money
- Subscription tracking
- Bill negotiation
- Automatic savings
- Spending insights
- Credit score monitoring
- Credit cards
- Utility providers
Only in Fidelity
- Commission-free trading
- Retirement planning
- Advisory services
- Research tools
- Investment accounts
Both cover
- Bank accounts
- Web support
- IOS support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Rocket Money
- Finding and cancelling unwanted subscriptionsnot Fidelity
- Tracking bills and spending in one appnot Fidelity
- Having a third party negotiate down recurring billsnot Fidelity
Fidelity
- Commission free trading of US stocks and ETFsnot Rocket Money
- Holding IRAs, 401(k) plans and taxable brokerage accountsnot Rocket Money
- Trading bonds, options and mutual funds from one accountnot Rocket Money
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Rocket Money
- Successful bill negotiation costs a one time fee of 35% to 60% of the first year's savings
- Premium is priced on a sliding scale and the help centre publishes no fixed monthly or annual amount, stating rates vary across platforms
- Custom budget categories, financial goal plans, credit score tracking and real time account syncing are Premium only
- The Premium free trial is 7 days
Fidelity
- Options trades carry a 0.65 USD per contract fee on top of zero commission
- Non Fidelity mutual funds carry a 49.95 USD transaction fee per purchase
- Secondary market bonds cost 1.00 USD per bond, while new issues are free
- A foreign settlement fee of 50 USD applies per trade
- Margin rates are tiered by debit balance, from 11.825 percent below 25,000 USD down to 7.50 percent at 1 million USD or more, against a base rate of 10.575 percent effective 12 December 2025
- Margin liquidation by the broker costs 32.95 USD per liquidation
Pricing, plan by plan
Rocket Money
Free- FreeFree
- Subscription tracking
- Spending insights
- Bill reminders
- Premium$12/month
- Bill negotiation
- Subscription cancellation
- Smart savings
Fidelity
On request- Brokerage$undefined/month
- Commission-free trading
- Research tools
- Advisory$undefined/month
- Personal advisor
- Wealth management
Which should you pick?
Choose Rocket Money if
- You need subscription tracking.
- You want to start without paying.
- You work on Web, IOS, Android.
- You also want bill negotiation.
Choose Fidelity if
- You need commission-free trading.
- You work on Web, IOS, Android.
- You also want retirement planning.
Questions people ask
- Is Rocket Money or Fidelity better?
- Neither clearly leads. Rocket Money starts at Free and Fidelity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Rocket Money or Fidelity?
- Rocket Money has a free tier; the other does not. Paid plans start at Free for Rocket Money and On request for Fidelity.
- Does Rocket Money or Fidelity run on more platforms?
- Both run on Web, IOS, Android, so platform support will not decide this one for you.
- Can I use Rocket Money for free?
- Yes. Rocket Money has a free tier, so you can try it without paying. Fidelity starts at On request.
- What is Rocket Money best used for?
- Rocket Money is most often used for finding and cancelling unwanted subscriptions, tracking bills and spending in one app, having a third party negotiate down recurring bills. Of those, finding and cancelling unwanted subscriptions and tracking bills and spending in one app are not what Fidelity is typically brought in for.
- What can Rocket Money do that Fidelity cannot?
- Rocket Money covers Subscription tracking, Bill negotiation, Automatic savings, Spending insights. Fidelity covers Commission-free trading, Retirement planning, Advisory services, Research tools. Both handle Bank accounts, Web support, IOS support, Android support.