Good morning everyone. A few weeks ago, I friend told me about a service called Trim, where they will monitor your cable / phone / TV / Internet bills and negotiate a lower rate for you. In exchange for negotiating a lower rate, Trim takes a cut of the savings. The service sounded like a cool idea and I decided to try it out on my home Comcast cable / TV / Internet bill. Trim works with several cable / phone / TV / Internet providers, so most TWG readers should check it out.
To get started, create a free Trim account, and sign up with Facebook or your email address. Trim uses your credit card transactions to track your cable / phone / TV / Internet bills, so I linked my Chase account since I use my Chase Ink Business Cash Credit Card to pay my Comcast bill.
After creating my Trim account and linking my Chase account, I went to the Lower Your Bills section. I selected Comcast from the service provider drop down menu, adjusted my preferences, and clicked the Save button. Trim will contact the service provider on your behalf, negotiate a lower price for you, and then charge you 33% of the annualize savings. So if Trim saves you $10 / month, that is $120 / year in savings. Trim will charge you 33% of $120, which equals $40.
Roughly 2-3 days later, I got an email from Comcast Xfinity alerting me to a $25 service adjustment credit to my bill. Sweet!
I then logged into my Comcast account to see the $25 service adjustment credit.
Later in the evening, I received an email from Trim with the details of the savings. Apparently, Trim was able to get a $25 service adjustment credit due to “outage refunds”. I don’t remember having any outages, but I am sure there were times when I was not home that the service was not available. Trim also showed their “Trim Success Fee” of $8.25, which represents 33% of $25.
I then logged into my Trim account to see an updated tile in my account showing the $25 Comcast savings.
A few days later, I received my Trim receipt for $8.25.
I wasn’t sure how the Trim transaction would code, so I used my American Express Blue Business Plus Credit Card. According to the transaction details, the Trim charge is coded as “Merchandise & Supplies – Internet Purchase” which sounds like it might work as a 3x transaction on my Citi AT&T Access More Credit Card.
I am not sure how often Trim will contact Comcast on my behalf, but I hope they continue to save me money. Sign up for Trim and start saving money. If you have any questions about Trim, please leave a comment below. Have a great day everyone!