Softwr

Personal Finance · head to head

Rocket Money vs Skrill

Rocket Money logo

Rocket Money

Personal Finance

Cancel subscriptions and save money automatically

From
Free
Rated
-
Full reviewWebsite
Skrill logo

Skrill

Personal Finance

Fast and secure money transfer

From
Free
Rated
-
Full reviewWebsite

The short version

  • 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; Skrill a currency conversion fee of 4.49 percent applies to most conversions
  • They diverge on capability: Rocket Money covers Subscription tracking, Skrill covers Money transfers.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Rocket Money and Skrill actually diverge.

Attributes where Rocket Money and Skrill differ
AttributeRocket MoneySkrill
Pricing modelfreemiumtransaction
Founded20162001

Identical on both: starting price (Free), free tier (Yes), 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
  • Utility providers

Only in Skrill

  • Money transfers
  • Digital wallet
  • Currency conversion
  • Prepaid card

Both cover

  • Bank accounts
  • Credit cards
  • 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 Skrill
  • Tracking bills and spending in one appnot Skrill
  • Having a third party negotiate down recurring billsnot Skrill

Skrill

  • Sending money internationally from a prepaid digital walletnot Rocket Money
  • Funding and withdrawing from online merchants and gaming sitesnot Rocket Money
  • Buying and selling cryptocurrency inside a wallet 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

Skrill

  • A currency conversion fee of 4.49 percent applies to most conversions
  • An inactivity fee of EUR 5.00 is deducted monthly after six months with no login or transaction
  • Card deposits carry a 2.50 percent fee
  • SWIFT bank withdrawals cost 2.80 percent with a minimum fee of EUR 3.5
  • Skrill to Skrill transfers cost 2.99 percent with a EUR 0.50 minimum on standard accounts, reduced to 1.45 percent only for True Skriller accounts
  • Crypto trading fees are tiered by VIP status, from 1.50 percent standard down to 1.30 percent at Gold and Diamond VIP

Pricing, plan by plan

Rocket Money

Free
  • FreeFree
    • Subscription tracking
    • Spending insights
    • Bill reminders
  • Premium$12/month
    • Bill negotiation
    • Subscription cancellation
    • Smart savings

Skrill

Free
  • Free AccountFree
    • Money transfers
    • Digital wallet
  • Premier Account$undefined/month
    • Higher limits
    • Special rates

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.
Rocket Money review

Choose Skrill if

  • You need money transfers.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want digital wallet.
Skrill review

Questions people ask

Is Rocket Money or Skrill better?
Neither clearly leads. Rocket Money starts at Free and Skrill at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Rocket Money or Skrill?
Rocket Money starts at Free and Skrill at Free.
Does Rocket Money or Skrill 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?
Both have a free tier, so you can try either at no cost before committing.
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 Skrill is typically brought in for.
What can Rocket Money do that Skrill cannot?
Rocket Money covers Subscription tracking, Bill negotiation, Automatic savings, Spending insights. Skrill covers Money transfers, Digital wallet, Currency conversion, Prepaid card. Both handle Bank accounts, Credit cards, Web support, IOS support.

Answered from the vendors’ own pages

Rocket Money: Does Rocket Money charge for its basic features?

No. The free tier includes account linking, balance alerts, subscription management, and spend tracking across linked accounts.

Source
Skrill: Is Skrill free to use?

Skrill operates on a freemium model. The digital wallet is free to open and use for basic features. The site refers to a fees page where transfer, conversion, and service fees are disclosed.

Source
Rocket Money: What additional features does the premium tier offer?

The premium plan adds subscription cancellation assistance, an automated savings plan, net worth tracking, shared accounts, unlimited budgets, and human support for subscription cancellation and bill negotiation.

Source
Skrill: What are Skrill's fees for transfers and conversions?

Skrill lists transfer, conversion, and service fees but does not display the specific amounts on the homepage. Detailed fee structures are available on Skrill's dedicated fees page at /en/siteinformation/fees/.

Source
Rocket Money: What does Rocket Money charge for premium features?

The specific dollar amount and billing cycle for the premium tier are not disclosed on the homepage. Pricing details appear only when signing up in the app.

Source
Skrill: What services does Skrill offer?

Skrill provides international money transfers, online payment processing, cryptocurrency buying and selling, loyalty rewards through the Knect points program, and a mobile app. These services are included in the free account.

Source
Skrill: Is Skrill regulated?

Yes. Skrill Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for issuing electronic money and payment instruments. It is also registered with the FCA as a cryptoasset firm.

Source
Share

Related pages

More on Rocket Money

More on Skrill

Keep looking

Other head to heads