Five cash-saving tips to keep track of your subscription services

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Five cash-saving tips to keep track of your subscription services
Author: Andrew Whiteford
Published: Jan, 10 2025 17:30

BETWEEN us, we waste almost £700million a year on unused subscriptions. Part of that comes from four in ten people accidentally signing up because deals renew without them realising, according to Citizens Advice. Track what you are signed up to with these tips . . .

 [Person subscribing to online media on their smartphone.]
Image Credit: The Sun [Person subscribing to online media on their smartphone.]

STATEMENT SPY: The first stop should be your bank and credit card statements. If you bank online, check the “direct debits” tab. Look back through at least a year’s statements to spot any services you’ve paid for during that time. Remember, some may only be a yearly payment.

 [Carrera Crossfire Hybrid Men's Bike on sale for £212.50.]
Image Credit: The Sun [Carrera Crossfire Hybrid Men's Bike on sale for £212.50.]

TECH SPENDING TRAPS: These days, it is easy to sign up through Apple Pay or Google Play, or end up paying after a free trial finishes. Open the Apple App Store or Google Play apps and click on “account”, then “subscriptions” to see what you are paying for.

 [Nivea Q10 anti-age hand cream, 100ml.]
Image Credit: The Sun [Nivea Q10 anti-age hand cream, 100ml.]

Also check “payments and subscriptions” on Gmail for any other payments you may have forgotten about. INBOX INVESTIGATION: Drill down into your email inbox for welcome messages from when you signed up for subscriptions. Use the advanced search function in your email and type words such as “welcome” or “membership” into the subject field.

 [Dreambaby non-slip bathmat with heat sensing indicator; Mom's Best Award winner.]
Image Credit: The Sun [Dreambaby non-slip bathmat with heat sensing indicator; Mom's Best Award winner.]

SAVVY STREAMING: Pay special attention to music and film streaming services as it is easy to sign up for more than you need. Make sure your family has only signed up once and opt for the lowest tier of service that you need. Most streaming services allow you to put your subscription on hold, so you can skip a few months to save money and then see if you miss it.

 [Aldi heat sensor bath mat with an under-the-sea design.]
Image Credit: The Sun [Aldi heat sensor bath mat with an under-the-sea design.]

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