Rocket Money vs Simplifi: Cost, Features and Which to Buy

Rocket Money Premium costs $7 to $14 a month, a price you choose, billed monthly, and it has a free plan. Quicken Simplifi costs $3.99 a month billed annually for the first year, $47.88, then $6.99 a month, $83.88, with no free plan. Buy Rocket Money if your main goal is finding forgotten subscriptions and getting bills lowered for you. Buy Simplifi if you want a real spending plan that projects your cash flow to the next paycheck, for less money over five years.

These two apps are sold to the same person, someone who wants to stop wondering where the money went, but they start from opposite ends. Rocket Money is a cost-cutting service with a budget attached. Its headline features are a subscription scanner, a concierge that cancels subscriptions for you, and a team that negotiates cable, phone and internet bills. Simplifi is Quicken's budgeting app, and its headline feature is a spending plan: income in, bills and savings out, and a running figure for what is left to spend this month.

Rocket Money's prices and plan contents below come from its pricing article and help center. Simplifi's come from quicken.com and the Quicken Simplifi help center. Where a price is a promotion with an end date, we say so.

How much does Rocket Money cost compared with Simplifi?

Rocket Money Premium is $7 to $14 a month on a pay-what-you-think-is-fair scale, $84 to $168 a year, and Premium+ is $15 a month. Simplifi is $47.88 for a promotional first year, then $83.88 a year at $6.99 a month. Quicken's promotional price applies to new memberships bought directly from Quicken by October 24, 2026, 11:59 PT.

The five year numbers assume both keep today's prices, which neither promises. Simplifi's $83.88 regular rate is the honest one to plan around. Even then, Rocket Money at the bottom of its range costs $84 a year, almost exactly Simplifi's regular price, and anyone paying $10 or more a month for Rocket Money pays noticeably more than a Simplifi member does.

Is Rocket Money or Simplifi better for budgeting?

Simplifi is better for budgeting. Its spending plan takes your expected income, subtracts recurring bills and savings targets, and shows what is left for the rest of the month, updated as transactions arrive. Rocket Money offers category budgets, limited to two custom categories on the free plan and unlimited on Premium, but budgeting is a supporting feature there rather than the center of the app.

The practical difference shows up in the middle of a month. In Simplifi you open the app and see a single number that already accounts for the rent due on the first and the car payment on the fifteenth. In Rocket Money you see how each category is tracking against its limit and what you have spent so far. Both are useful. The first is closer to how people who used Quicken's budget think about money; the second is closer to a spending report.

Which app finds and cancels subscriptions?

Both find them, but only Rocket Money cancels them for you. Rocket Money's free plan detects recurring charges, and Premium adds a cancellation service where Rocket Money's team contacts the merchant on your behalf. Simplifi tracks recurring bills and subscriptions inside its spending plan, so you see them, but the cancelling is up to you.

This is the one area where Rocket Money is clearly ahead, and for some households it pays for itself in the first month. If your bank statement carries streaming services, app subscriptions and a gym you stopped visiting, the free plan will surface them before you pay anything. Whether you then need the paid cancellation service depends on how much you dislike sitting on hold.

Is Rocket Money's bill negotiation worth it?

It is worth trying when a bill has room to fall, because you only pay if Rocket Money gets a lower rate, but the fee is large: 35% to 60% of the first year's savings. On Premium+ at $15 a month there is no negotiation fee. Simplifi does not negotiate bills at all.

Run the numbers before you pick a plan. A $25 a month cut on an internet bill saves $300 in a year, and the fee would take $105 to $180 of that. Premium+ costs $96 a year more than Premium at $7, so it only comes out ahead if you negotiate more than one bill. Bill cuts are also the smaller lever for most households: a few percent more at your next raise does more for the budget than a cheaper phone plan, and a salary negotiation coach is worth a look before your next review.

Can Rocket Money or Simplifi import my Quicken data?

Neither reads a Quicken file or a QIF export. Rocket Money has no file import at all; transactions come from linked accounts or are added by hand. Simplifi imports CSV only, with Date, Payee and Amount as the minimum columns, and Quicken confirms Simplifi does not open Quicken Classic data files.

If you are coming from Quicken, that decides how you move your history. For Rocket Money there is nothing to import into, so the history only survives as an archive you keep yourself. For Simplifi, the history can come in as long as it arrives as a CSV. Either way the first step is the same: export each account from Quicken for Windows as a QIF file while the membership is still active (our guide on how to export a QIF file from Quicken covers the settings), then run it through a QIF to CSV converter. The CSV opens in Excel as your archive and matches the columns Simplifi's importer wants. Business or rental accounts are better sent to QuickBooks as a QBO file than squeezed into a budgeting app.

Quicken for Mac has no QIF export, only CSV from registers and reports. Mac users can import that CSV into Simplifi after renaming the columns, or open the data once in Quicken for Windows to produce QIF.

Which one works on a computer?

Simplifi works in any web browser on every membership. Rocket Money's web access at rocketmoney.com requires Premium or Premium+; the free plan is phone only. Both have iPhone and Android apps.

If you review money on a laptop once a week, that makes the free Rocket Money plan a poor fit, and the real comparison becomes Rocket Money Premium at $84 or more a year against Simplifi at $83.88. Rocket Money's CSV export follows the same pattern: it is emailed as a link, and the file can only be downloaded on a desktop or laptop.

Do Rocket Money and Simplifi track investments?

Both show investment accounts, and neither replaces a brokerage statement or Quicken Classic. Rocket Money Premium includes investments in net worth tracking. Simplifi shows investment accounts and holdings alongside spending. Neither keeps cost basis history from an old Quicken file, because neither can import it. If lot-level tracking is what you use Quicken for, read Rocket Money vs Quicken before cancelling anything.

Which should you buy?

Buy Rocket Money if subscriptions and recurring bills are where your money leaks, if you want someone else to make the cancellation and negotiation calls, or if you want to start on a free plan and upgrade only when you need the web app or unlimited budgets. Buy Simplifi if you want a budget that tells you what is safe to spend, if you work on a computer, or if you want the lower five year cost. A setup that works well is to run the free Rocket Money plan for subscription alerts and pay for Simplifi as their budget, which costs no more than Simplifi alone.

If Quicken is what you are leaving, do the export before you cancel it, because neither app will take the history later. Our Quicken Simplifi review goes deeper on what Simplifi includes, and Quicken Simplifi vs Quicken Classic covers staying inside Quicken's own lineup.

Related reading: Rocket Money vs Quicken, Simplifi vs Monarch, Copilot vs Simplifi, YNAB vs Simplifi, Quicken alternatives, and QIF to CSV converter.