Billshark Review (2022 Update): Everything You Wanted To Know!

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Updated: December 03

By: Scam Risk - Expert Reviewer


You probably pay too much if you subscribe to more than one service. The same can apply to your monthly expenses. There could be regular payments being taken out of your bank account that you have either forgotten about or are completely unaware of.

Billshark could be the best option if you’ve ever been charged an unexpected fee or bill.

White-label bill cancellation and negotiation services are available at Billshark.

In this Billshark review, we’ll go over its features, how you can get started, how much it costs, and whether it’s a scam.

This Billshark Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Easy way to identify and find savings
  • Pay after saving money
  • Rewards program
The Good

Cons: What I Didn't Like

  • High service fees
  • Upfront payment
  • Limited services
The Bad

You probably discovered Billshark for the same reason you might have come across any other financial newsletter, personal finance service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?


If that sounds like something you’d be interested in, check out Digital Real Estate. 

However, if you’d still like to know more about Billshark, keep reading.

What Is Billshark?

What Is Billshark

Billshark is a business that negotiates your payments to help you lower monthly bills. Billshark boasts on its website that its professional negotiators have a 90% success rate at saving money for its clients on their monthly bills. Billshark can cancel undesired subscriptions and negotiate lower rates on recurring monthly expenses like phone and internet bills.

This bill negotiation service company was created by “Shark Tank” investor and businessman Steve McKean. Numerous media publications, including The Washington Post, The Wall Street Journal, and CBS News, have covered Billshark since its debut in 2015. Additionally, it has a perfect A+ rating with the Better Business Bureau.

How Does Billshark Work?

How Does Billshark Work

Billshark finds hidden fees in monthly invoices. It turns its findings into savings. It can cancel unneeded subscriptions to save money for its clients, allowing them to focus on more vital tasks.

As professional bill negotiators, they have experience saving on monthly payments. They worked for Cox, DirecTV, Time Warner, etc.

Also, they won’t automatically switch service providers. Billshark’s goal is to save you money while keeping you with existing suppliers.

How To Get Started With Billshark?

How To Get Started With Billshark

Here’s what you’ll need to do to give Billshark’s bill negotiation service a whirl and hopefully reduce your monthly bills.

1. Create Your Account

You can start using Billshark immediately by signing up for a free Billshark account. Your name, phone number, email address, and password are all required information.

If you already have a Google account, you may sign in with that instead of creating a new one.

2. Select A Service

Next, inform Billshark of which monthly subscription bills or services to negotiate. They will never negotiate bills without your knowledge, which means you can choose which bills or services you want to negotiate.

The greater services they negotiate, the more savings you’ll see.

3. Upload Your Bill

Upload Your Bill

Provide Billshark with a current bill so they can negotiate on your behalf. Upload the bill on the Android, iOS app, or Billshark website. You can send a photo or digital copy of the bill, whichever is easier.

Billshark will need further information about the components of the bills you want to negotiate.

You must also enter some personal information. Billshark may ask for your bank account PIN. Change it after negotiations are over.

Billshark claims that the signup process can be done in 2 minutes. Not much can be done in two minutes to save money each month.

Billshark’s “sharks” will negotiate after they obtain your information. If they lower your bills, you’ll be notified.

What Does Billshark Offer?

What Does Billshark Offer

Bill Negotiation

Billshark’s main feature is its bill negotiations service. Just upload your bills, and Billshark will negotiate a discount.

If Billshark saves you money, it will cost you 40% of the money saved. Otherwise, it’s free. It’s a risk-free way to cut bills.

Subscription Cancellation

Each canceled subscription that Billshark does for you will cost you $9. The company claims it can terminate up to a hundred separate services.

Insurance Comparison 

Billshark doesn’t negotiate house or vehicle insurance, but users can compare rates through Answer Financial’s free Rate Tracker tool.

Log in, pick “upload more bills,” “insurance,” and “insurance type,” and you’re done. Answer Financial will send the best rates.

Billshark Rewards 

Members who send in bills can earn prizes from Billshark. According to the website, Billshark provides users a ticket for a $25 Dining Reward, $50 Grocery Coupon, $50 Travel Reward, or $100 Shopping & Dining Reward.

Billshark For Businesses 

Business owners, take note: Billshark can help you cut costs. Billshark claims to reduce your recurring expenses, reimbursements for wireless and internet expenditures, and employee bills.

Service Outages 

An outage on your phone or cable line may entitle you to a refund for the time you were without service. The Service Outage page on Billshark is a great resource for this. You just need to follow the on-screen prompts, and Billshark will reach out to your service provider and negotiate a refund.

Savings Calculator

Encountering something firsthand is the best way to understand how it functions. Check out how much money you could save using the Billshark savings calculator. It doesn’t need any registration or payment information, and it’s available without your email address.

You can easily estimate your bill by entering some figures and dragging the associated slider. The next step is to select a bill type (phone bill, internet bill, etc.), and then you will see your projected annual savings. That’s not too shabby, right?

How Much Does Billshark Cost?

How Much Does Billshark Cost

Billshark takes 40% of any money they can help you save for their services.

If Billshark helps you save $100 and pay them $40, you’ll have total savings of $60. Depending on the circumstances, Billshark may offer two-year contracts.

During the agreed-upon contract term, Billshark will only charge you for the money you save. Therefore, you cannot be charged for savings for as long as you are a customer.

If Billshark can save you a lot of money, but their charge is prohibitive, they offer a payment plan. To spread the savings fee for two or six months, a one-time fee of $9 is charged for the payment plan.

Don’t hesitate to contact the Billshark customer support team if you have any questions or concerns about using their service.

Is Billshark A Scam?

Is Billshark A Scam

So, is Billshark a scam? Not technically. You can make money with it, but it’s definitely not as easy as Steve McKean makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece


They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Are There Alternatives To Billshark?

are there alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation For Making Money In 2022?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.


1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.


2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.


3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.


Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Lance Lead Gen

1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.


2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.


Now, the choice is yours. You could continue browsing, looking at opportunities like Billshark which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate

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