BillShrink

Study: U.S. wireless subscribers overpay on service

The average U.S. wireless subscriber is overpaying on his or her cell phone bill by $336 a year, according to a study by BillShrink, a search engine designed to help people find the best service deals to meet their needs.

About 80 percent of U.S. wireless subscribers miscalculate how many anytime voice minutes, text messages, and megabytes of data they need, BillShrink found. As a result, consumers are purchasing wireless plans that don't fit their needs and are actually costing them more money. Collectively, this results in the wireless industry pulling in an extra $79 million for … Read more

BillShrink delivers personal savings recs

Online money-saving tool BillShrink launched on Tuesday a new Savings and CDs feature designed to help people find the highest interest rates.

BillShrink, which also offers help on finding cheaper cell phone plans, more advantageous credit cards, and low gas prices, told me in a conference call Monday that it's on track to help users save more than $1 billion by year's end across all three of its money-saving features.

With its Savings and CDs tool, BillShrink now enables people to take the cash they've saved and invest it in a savings account or a certificate of … Read more

BillShrink gas savings app considers your commute

Personal savings site BillShrink has a new feature: a gasoline pricing database that directs you to gas stations based on the route you take on your daily commute, not just how close you are to the stations.

The Web app isn't just for finding prices. It actually helps you plan your refueling stops along the way. You start by telling it about your car and its mileage, and your home and work addresses. You get back a results page that shows you a Google Map of all the gas stations along your route. You can zoom in and out … Read more

BillShrink raises $8 million in Series B funding

BillShrink on Tuesday announced that it raised $8 million in Series B funding in a round that was led by Trinity Ventures and Bessemer Venture Partners.

According to BillShrink, its service helps visitors find savings of more than $300 per year on wireless plans and $1,000 per year on credit cards. To further help users save money on bills, the company also announced Tuesday that it has launched a "My Account" feature, which will let them track the progress of their savings and view a personalized activity log that analyzes changes in the market.

BillShrink initially launched … Read more

BillShrink unpacks credit card complexity

Last week I got a glimpse at GoodGuide, a new product recommendation service that rates products as safe, healthy, and green based on their ingredients, manufacturing, and distribution. It's part of a new class of services that are bringing data transparency that can save money, lives, and the environment, not necessarily in that order.

BillShrink.com recently launched a recommendation service that focuses on unpacking the complexity and cost of cell phone plans. The free service analyzes wireless phone bills and rate plans from the major carriers, and then monitors usage and makes recommendations for saving money. Another company, … Read more