How to Cancel a Subscription and Save Money

Subscriptions – we all have them. Now how to cancel a subscription is a whole other thing! Every now and then its time to do some spring cleaning and get rid of the ones we don’t need!

Whether it’s a streaming service, a magazine, or that expensive gym membership you never use, we’ve all signed up for something we eventually wanted to cancel.

But getting out of these subscriptions can be harder than it seems sometimes.

In this blog post, we’ll explore how to cancel a subscription and how to save money on your subscriptions.

From switching to a cheaper option or negotiating with customer service, to how to cancel a subscription all together and get rid of those unwanted subscriptions for good.

I recommend looking through your monthly bank statements to see if there are any monthly charges for a subscription service you may not even be aware you still have.

Sometimes those 7 day free trials get the best of us!

So check your statements to be sure you know all of the subscriptions you are being charged for.

Now that you know what subscriptions you have…sit back, relax, and let us do the work for you.

If you’re not using it, cancel it

That saying rings especially true when it comes to subscription services and streaming platforms.

When it comes to the monthly expenses that nobody talks about – things like Spotify, Netflix, online shopping clubs, or even those gym memberships you got in January that you haven’t used since!

So If you’re not using it, cancel it!

Whether you’re trying to put a few extra dollars in your pocket or just declutter your life, learning how to cancel those pesky subscriptions can be a useful skill.

But how do you go about cancelling?

Well, you could take the traditional route: Contact customer service and wait on hold for what seems like hours before finally speaking with someone.

Most services have an easier way to end the subscription, usually online when you log into your account.

But if you have trouble finding how to do it, try searching for ‘how to cancel [insert service] subscription’ in Google.

Cancelling these subscriptions doesn’t take lots of effort and you won’t necessarily miss what you don’t use anyway.

See if you can get a discount for prepaying or signing up for a longer term

Love your service and looking to save money on your subscription?

Thinking about cancelling – but maybe wouldn’t if you just got a better deal?

Pre-paying for a service or signing up for a longer term can sometimes be a great way to get a discount and cut costs. It could be the perfect way to reward yourself with a financial break.

After all, how else will you get to try out the hottest new offering in the market?

But here’s the kicker—it only works if you actually use the service.

You don’t want to end up stuck in an agreement that feels like it’ll last forever – especially when trying to figure out how to cancel a subscription!

So trust your gut, crunch the numbers if you need to, but do make sure it makes sense for you before going ahead with any long-term commitments.

Compare prices of similar products or services to see if you’re getting the best deal

Shopping smart is a skill, and if there’s one thing we’ve had to learn how to do more than ever before it’s how to get the best deal.

It almost requires us to be well practiced in the art of comparing prices across various similar products and services. If we don’t take the time or effort to look around for what might be cheaper elsewhere then that subscription cost looks way too expensive in comparison.

Shopping around for the best deal takes time and energy, but it’s worth it in the long run.

You don’t want to get stuck paying for a subscription you didn’t even truly want or isn’t the best deal you could get.

Before you agree to any terms, check how much other similar services cost and how easy (or difficult) it is to cancel those subscriptions should you no longer wish to use them.

Some places may lock you in with a time commitment in order to get the special pricing they offer. And if you cancel early, you may have to pay penalties and/or fees to get out of it.

Read the fine print!

It’s all too easy to overlook how easy the cancellation process is when making an initial purchase – but make sure you’ve got a way out if push comes to shove!

You don’t want your wallet taking a journey it wont come back from!

Of course, if you jumped in and overly committed and it turns out you were getting a worse deal you can always read the beginning of this blog post on how to cancel a subscription!

If I remember rightly, it involves clicking online or making an acrimonious phone call!

If you love the service with the subscription provider you are with and don’t really want to cancel or move to a different provider, but find some really better deals out there during your research –

Negotiate!

Now that you have a list of the best deals at their competitors – call your provider up and tell them you’re thinking about switching unless they have a better or similar deal that they can give you!

Most companies have a whole team dedicated to customer retention and will be more than happy to provide you with a deal that you can be happy with!

Use a subscription service that gives you cash back or rewards points

Let’s face it, signing up for a subscription service that rewards you with cash back or reward points can be a great deal

How else can you afford to get the latest trend without breaking your budget?

A few popular subscription services are below to give you an idea of what I mean.

1. Amazon Prime Rewards – Members receive 5% cash back on purchases made at Whole Foods, 2% cash back when shopping at Amazon, and 1% when shopping anywhere else.

2. Sephora Insider – Earn points for every dollar spent that can be redeemed for rewards like free products or discounted beauty services.

3. Rakuten – Earn cash back on purchases from over 2,500 stores when you shop through the Rakuten site. Additionally, earn points that can be redeemed for gift cards or rewards.

But how do you capitalize on their reward systems?

Make sure to read the terms and conditions carefully to make sure it’s a good fit for you and what their policy is when it comes to redeeming points or using the rewards.

If their terms are good.. then there is no hurt in signing up for the rewards and/or cash back!

The trick is this: sign up and enjoy the cash back or points they offer, but if you don’t love it after trying it out, don’t forget how to cancel a subscription 😉

Then switch up your routine and move on to another one! That way, you can get the best of both worlds by getting discounts from each one of them!

Luckily, most services offer an easy-to-follow guide on how to part with them as well is how to get your cash back or reward points before taking off into the sunset.

That way your loyalty gets rewarded before you leave!

Ask for a free trial before committing to anything

Subscriptions are the bane of our existence. How do you get in and how do you get out?

It’s like a maze that leads to nowhere. So why not save yourself the headache?

Don’t let yourself get ensnared in the subscription trap. Ask for a free trial before committing to anything – that way if you don’t like it, you can trust how to cancel the subscription will be straight-forward and painless.

Keeping up with the times shouldn’t be such a struggle – avoid battling complicated subscriptions and just ask for a free trial!

Put a reminder on your phone or Calendar with the date you must cancel by if you choose to (I set mine for the day before).

That way you wont get charged just because you forgot to cancel the subscription on something that you didn’t really want.

Keep an eye out for sales or promotions

There are certain times of the year when it seems like every company is having a sale or promotion.

Black Friday anyone!?!?!!

It’s like they’re competing to see who can offer the most discounts or coupons.

It can be a little overwhelming and it almost makes you wish that instead of an extravagant promotion, companies would make how to cancel a subscription more prominent and easy-to-find on their websites.

Hmm, how convenient would that be?

Nonetheless, keep an eye out for sales and promotions—they offer the chance to grab incredible deals if you act quickly enough!

If you’re reading this, chances are you’re wasting money on at least one subscription that you don’t even use.

Why not put that money to better use and cancel it?

You could also see if you can get a discount for prepaying or signing up for a longer term. If you want to be really savvy about it, compare prices of similar products or services to see if you’re getting the best deal. There are also some great subscription services out there that give you cash back or rewards points. And if you’re undecided about something, ask for a free trial before committing to anything.

Lastly, keep an eye out for sales or promotions. Saving money on subscriptions is easy when you know what to do!

So tell us, what’s some other ways you have cancelled or saved money on subscriptions?

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