Cushion Review [2022]: Save Money on Bank Fees

Every bank customer literally gets a mini heart attack when they suddenly receive the SMS alert on their mobile that ‘Your saving account has been debited with the xxx amount.’

If you know the real reasons why the amount has been debited, it’s alright. But if you receive such a message out of the blue and you don’t have any idea about it; it’s risky.

When your bank has debited an unexpected amount from your bank, it warrants immediate scrutiny and investigation. Some customers don’t even receive an SMS alert regarding any bank transactions. It means their bank can deduct a certain amount, and they wouldn’t even know it.

If you feel you need someone to take care of such transactions and alert you of any bank-related charges, download the Cushion app. It can solve your multiple problems without any worries.

Cushion keeps a tab on your day-to-day banking transactions and often raises disputes with the bank when they find any unexpected charges concerning your account.

The AI-powered app immediately starts working as soon as you get it downloaded. It will directly negotiate with your bank through an automated interface to get those charges removed.

What Is a Cushion?

Cushion.AI is a useful tool that starts working on your behalf and negotiates with the bank to remove fees and charges. The cushion is headquartered in the San Francisco Bay Area.

Cushion was founded by Paul Kesserwani in 2016. In an informal survey, Paul realized that people in the US pay over $200 billion per year in the form of banking charges and fees. But many of these charges are erroneous.

That’s when Cushion steps in. The app has helped people get a refund of over $11.99 million in the last five years. However, in order to take its advantages, you have to get registered on the app first.

Features of the Cushion App

It can negotiate with the bank regarding the following charges: Overdraft Fees, ATM Fees, Monthly Service Fees, and others.

The app is available on iOS or Apple-powered devices.

The app is fully PCI-compliant and secure.

You can earn by inviting your friends with referral links.

The app charges 39% of the negotiated amount as its commission.

The app can work with over 14000 banks and credit institutions across the world.

Cushion Pros and Cons

Merits of Cushion App

The app automatically scans for banking charges and credit card fees.
It can negotiate with the bank through email or an in-app chatting system.
It supports over 14,500 banks.
Cushion directly contacts your service provider and negotiates on your behalf.
You can download the app instantly on your iOS-compatible devices.

Demerits of Cushion App

The annual cost for using the app is $36.
You have to pay the annual charges even if the app fails to negotiate successfully on your behalf.
Android users can’t use the app. It’s exclusive to iOS-compatible devices.
It charges a high rate of commission (39%) on successful deals.

[Read more: How to Earn Money with KashKick?]

Why Should You Use a Cushion App?

If you often see nagging messages of credit card fees and banking charges, you need to download Cushion App to stay safe. Through constant monitoring of various bank-related charges, Cushion immediately negotiates on your behalf with a bank to reduce your credit card fees and banking charges.

Though you have to pay an annual cost of around $96 for using the app, still you will save much more through the app. Only at the end of a financial year, you will realize the amount of money the app has saved.

Cushion users are also eligible to use various coupons and referral links to get some additional rewards and points. Considering its benefits and advantages, it is highly recommended for iOS-device users to download and install the app.

Cushion Fees and Charges

Cushion takes an annual charge of $4.99 per annum. You will get the first scan absolutely free. Also, the app would charge 39% of any successfully negotiated charges initiated by the app on your behalf.

If you regularly use the bank’s overdraft facility, the app works perfectly for you.

Cushion makes money through the following subscription plans:

Basic Plan: $36 PA

Under this plan, Cushion scans your account for bank-related charges per week.

People’s Choice: $48 Per Year

This checks each of the bank transactions per day. It immediately raises disputes with the bank and conducts up to three negotiations for you in a month.

The Works: $96 Annual Charges

Here you will get an ‘unlimited negotiations’ option along with regular fee scanning and updates.

Apart from these premium plans, Cushion also makes money each time it successfully negotiates with your bank on your behalf. Cushion charges a whopping 39% of the refunded amount as its commission.

For example, if Cushion helps you get a refund of $100; you will actually receive $61 only. The remaining 39-USD will automatically go to Cushion’s account.

Is the Cushion App Legit?

Cushion app is fully legit. It can save a lot of bucks, which would have otherwise gone waste under various banking charges and credit card fees.

In the last few years, more than 80% of Cushion users have successfully got their banking fees waived.

How Do I Open An Account in Cushion?

The process of getting your account opened on the Cushion app is simple and easy. It won’t take more than five minutes to get registered on the site and start saving your hard-earned money.

Step 1: Log on to https://webapp.cushion.ai/ on your PC

Step 2: It is better to download and install the app straight to your Apple device.

Step 3: Go to the app and enter your 10-digit smartphone number.

Step 4: You have to now verify your mobile number with an OTP or code.

Step 5: Now connect your bank account to the Cushion app.

Step 6: Choose any of the premium plans available under various heads as per your choice.

Step 7: You have to make payment for that plan and complete the checkout process to activate the account.

Step 8: As soon as your payment is successful, the Cushion app will start working from day one.

In Conclusion

The features and merits of the Cushion app outweigh its disadvantages. So, if you are using an iOS-compatible device, you must start using Cushion to save money.