Bill Savings helps you seek a lower rate on eligible recurring service bills. Savings are not guaranteed.
How it works
Upload your bill and choose Bill Savings. With your authorization, our team contacts your provider, reviews your plan and usage, and looks for a lower rate or other savings. If a plan change or new contract is needed, we will contact you before making the change.
Bill Savings concerns future service rates. It is not a bill-payment, debt-settlement or credit-repair service. Continue paying your provider while your request is being handled.
How savings and fees are calculated
You keep 50% of the annual savings and Deferit's Bill Savings fee is the other 50%, payable in four installments due every two weeks. Applicable processing fees are included in that fee. If you are an Ultra member there is no fee payable for a successful Bill Saving.
For a plan with a 50% Bill Savings fee, a $20 monthly reduction equals $240 in annual savings. Deferit’s fee is $120, paid in four $30 installments. If no savings are secured, no Bill Savings fee is due for that request. Your membership fee remains payable while your membership is active.
A Bill Savings fee already earned is generally non-refundable, except for an error in the service or where a refund is required by law.
Cancelling a Bill Savings request
Contact Support through the website Chat widget to cancel a Bill Savings request before the service is completed. If you want to arrange a lower rate yourself, cancel your request first — otherwise, a fee may still be payable for savings Deferit secures. Cancelling this request does not cancel your membership.