NerdWallet
NerdWallet's recent updates have significantly degraded the user experience by removing core budgeting and tracking features, introducing numerous bugs, and increasing advertisements, despite its historical reputation as a useful financial aggregator.
NerdWallet is a free financial app that aims to organize finances and track net worth, but recent updates have led to widespread user dissatisfaction due to the removal of key budgeting tools, increased advertising, and frequent technical issues. While some users still find it helpful for basic financial overview, many are actively seeking alternatives.
What users like
What users complain about
- Key budgeting features, like 50/30/20 rule, cash flow tracking, and bill reminders, have been removed or made less functionalR1R4R45R53
- App is plagued with bugs, crashes, and slow performanceR3R24R36R42
- Increased presence of advertisements and product pushes, making the app feel less consumer-focusedR10R13R16R17
- Frequent issues with bank account connectivity, auto-updates, and data accuracyR15R22R26R40
- Lack of essential features like widgets, iPad landscape mode, and custom spending categoriesR24R28R31R38
- Difficulty in account deletion and concerns about data privacy/selling informationR16R34R44R52
Latest update · v14.23.0
What the developer says changed (the verdict above weighs this against what reviewers report):
The usual bug fixes and nerdy updates.
Recurring themes
Who it's for
NerdWallet is for individuals who want a free, basic overview of their net worth and aggregated financial accounts R7R8R72. It might appeal to those looking for general financial education or initial guidance on investments . However, it is NOT for users who need detailed budgeting, reliable spending analysis, bill tracking, or a bug-free experience R1R4R45. It is also not for users who are averse to frequent advertisements or concerned about data privacy R13R16R34.
Evidence note: The recent reviews skew heavily negative, with a 0.664 recent-negative signal. This contrasts sharply with the lifetime rating of 4.83, indicating a significant decline in user satisfaction following recent updates. The developer's notes mention 'bug fixes' but reviews consistently report increased bugs and instability, suggesting a disconnect between claimed fixes and user experience.
Frequently asked
Does NerdWallet offer budgeting features?
Are there many ads in the NerdWallet app?
Does NerdWallet have issues connecting to bank accounts?
What reviewers actually said
Built only from these 120 real reviews (foreign ones translated). Superscripts jump to the quote here. Apple has no per-review links, so [ref] opens that app's reviews on the App Store.
- [R7] It organized my finances: I was looking for something that could help me organize all my finances in one place and found this through social media
- [R8] Great tracker of overall net-worth!: I use this app mainly to keep up with my overall net-worth. It takes awhile to update so it’s not completely accurate but, it’s not far off at all. I like it a lot but, it could be better!
- [R19] Great: Excellent app to track my financial progress.
- [R72] Love NerdWallet: This program is user friendly and great to have all your financial accounts in one place to keep track of.
- [R12] Makes Tracking and Monitoring Financials Easy: Overall this app makes tracking and monitoring my spending, income, debts and more so quick and easy. They’re able to integrate with so many companies, even local ones. There’s options to manually add accounts and debts, even if they’re not associated with a company, to see the overall picture. The only thing that I’d like changed is the option to man
- [R27] College students review: I was hesitant because I thought there would be hidden fees,take forever to set up, or just be a pain to use but I had everything I wanted to have done in 20 minutes on my phone. Still haven’t gotten any fees and super easy to use. Promise I’m not a paid person I’m a college student.
- [R35] Essential App: A must need app. Easy to use. Easy to access. And provides lot of useful information.
- [R56] Great: Great app that’s not overly complex, or locked behind a paywall. The calendar feature has replaced my old school methods of writing on my calendar, and you can sync it across all your other app calendars. No more missing bill payments or getting caught off guard!
- [R58] Great tool: Great for tracking net worth and debt. Great for managing debt and spending.
- [R68] NerdWallet Review: I have to say I’m getting to that point in my life where I’m having to crack down on what I’m spending. I have horrible money habits. Being able to see it in front of my face where my money is going is a life changer. Hopefully I’ll be able to create some good habits from this app. Very thankful.
- [R73] Must Have Banking: This app has helped me keep track of all my bills and spending. Knowing exactly where your money goes allows you to really control your spending and see your habits.
- [R87] None: The nerd wallet is very entertaining very convenient. Keep you organized and it makes you love a crew your money so just keep up the good work you all are doing just fine
- [R1] Terrible update: Removed the only reason I downloaded this app. For a budgeting option. And then put in some garbage news stories and investment tab nobody asked for. Edit: nice they added it back, too bad I moved on to rocket money
- [R4] New budget layout is bad: I hate the new budget layout - so much so that I am going to look for another app or go back to manual tracking. I need to be able to zoom out across multiple months and years and see how my earning and spending trends across multiple periods with different granularity. Now I can only see spend for each month or YTD and it completely removed the income view.
- [R45] Bring back 50/30/20: I’ve used several competitors before but what kept me with NW was the 50/30/20 rule and their simple UI - everything I needed in one neat spot. The 50/30/20 budgeting feature single-handedly kept me as a customer. I saw GREAT improvements using this. I’ve given these new versions some time but nothing compares to the old Nerd Wallet. Very disappointed and looking for alternati
- [R53] Less useful: It’s never had a lot of functionality in terms of budgeting but it’s become even less useful over time. Like they actively took out the more granular budgeting features and replaced with over broad charts not good for much. mostly good for passively tracking your accounts for issues. Looking for a new way to handle my budgeting
- [R3] Introduced way too many bugs: Every time I take an action for 5 mins in the app, I get the little frog saying that something went wrong. The bugs are increasing. It’s becoming painful to use this app.
- [R24] OS 26: I have been using this app for quite a few years, but, as others have said, the recent updates/changes have a made the app a little buggy, there still aren’t any widgets, and it still isn’t formatted properly for iPadOS 26. I really hope bug fixes and proper software compatibility are coming very soon… especially since we’re literally coming upon the OS ‘27 announcements in less than tw
- [R36] Terrible: The app constantly crashes
- [R42] Has become awful buggy and frustrating and horribly slow :(: I’ve been using this app for a while. But since the last updates this app has become AWFUL BUGGY AND FRUSTRATING AND HORRIBLY SLOW! Also the design has changed so many times that the user experience has been compromised too. I really don’t know what happened to some features but is become totally unusable. I hope the developers and the U
- [R10] “Ad free”: Basically since I started using it now it’s become a loan tracker. With ads and ads for loans, credit cards, and insurance. Tells me very little about my actual finances anymore.
- [R13] Advertising platform you connect your bank accounts to: My title says it all, it’s non stop adds. ATOMIC BANK IS AWFUL - stop trying to get me to open an account. Also, the UI on this app used to be a lot better to see more details about your finances. Now you get the most basic views, no budgeting, no nothing and it tries to sell you stuff the whole time. SKIP
- [R16] Predatory, spammy financial app: I’m giving 2 stars because you can actually get a loan through this app, it just will be at an extremely predatory rate. They will also start sending you 3-5 marketing emails a day, and in my case have so far ignored my unsubscribe requests. I suspect they also sold my email address to other spammy, predatory financial services because I started receiving a bunch s
- [R17] Not consumer-focused anymore: I loved this app and the website when I found it in 2020. It shows me my net worth, my credit score, etc. In the past year or so they have made a lot of changes that all seem to be based on making them a profit rather than serving their customers. Most things I look for on the website are now only on the app. I used their shopping features to find the most beneficial
- [R15] Not dependable, lost data: After I didn’t use an app for a while I found that all my accounts , properties, cars and etc were erased . It is time consuming to restore all this information.
- [R22] So many issues: Won’t connect to any of my accounts! Super unhelpful. Can’t use it if it won’t connect. Seems to ‘be having issues’ with MANY institutions.
- [R26] games & tricks & chaos & bullying: they will not update your bank when they learn what day your direct deposit is, they skip updates for that week so you have to wait a week to find out if it was deposited!! pure bullying and consumer terrorism‼️#EVIL‼️
- [R40] Bank connectivity problems: They’re having bank issues with plaid and not issuing any refunds for it. I’ve been having issues since November and I paid for a year. I recommend Monarch.
- [R28] Good app, I just wish it supported HSAs though in net worth tracking: I really like it! It helps you see how things are across time and can help you see patterns as they arise across multiple accounts (for example how quickly a check is spent or if your savings are growing over time). My biggest critique though is that I can’t link all my accounts. I contribute a lot to an HSA to save for unexpe
- [R31] Where’s landscape?: The app is ok, but why they didn’t design it for landscape for the iPad I don’t get. It just feel clunky to only have one orientation for it.
- [R38] I’ll change this: I’ll change my review once you make a widget for iPhone that displays net worth for home and Lock Screen
- [R34] Sold my info to scammers: I have loved using NerdWallet for the last few years as their articles have been very informative and the recommendations for savings accounts and credit cards have been helpful. Unfortunately I recently used the app (and only this app) to look into a debt consolidation loan. After going through the usual recommendation process my phone has been spammed with multiple call
- [R44] Deceptive Account Subscriptions: I downloaded this app, found the income classification not what I needed. I attempted to delete and they then inform me that they’ve signed me up for an atomic account which I didn’t authorize. It might have been a bug, but it stopped me from removing my nerdwallet account - if it isn’t a bug, that potentially borders something quite illegal. I’d avoid this app,
- [R52] Overly complicated account closure process: Can’t simply close account in app- have to do through a stupid automated chat bot which requires a confirmation nonsense and then your email. If I’m trying to close my account let me close my account instead of acting like a godawful scummy gym
- [R51] Bank connections: I really like the interface but I’m having too many issues when it comes to connecting bank accounts. But everything else it’s really nice.
- [R47] I wish this app had widgets: I assumed an app all about tracking money would have loads of widgets. But it doesn’t even have one? Disappointing. However the app itself is great
- [R82] Bring Back Budgeting: This app used to be an excellent way to actually budget. The 50/30/20 screen easily allowed you to track spending in different categories. The cash flow screen is not detailed in the same way. The most useful feature of this app is gone!
- [R90] Nerfed: The app used to be super useful to check spending, investments everything. It has been downgraded to a tool that pushes products on consumers, eliminates point system and has become practically useless for everyday activities. Can’t recommend it anymore, unsubbed. Idk who suggested these changes but they should get canned.
- [R76] Accounts don’t auto update!!: I have several accounts linked and many of them have not updated in weeks, and there is no option to refresh or update the accounts!! I shouldn’t have to unlink/relink accounts for them to update correctly. Please add a refresh/fix option or build in checks to auto relink when accounts are not updating!!!! This app is useless if my accounts aren’t being updated with
- [R55] Can’t delete account or remove account information once created & entered: I don’t typically ever write reviews. This app isn’t good in any way shape of form. It gives you a basis that’s really it. I’m not entirely sure how they’re generating reviews or how they’re able to pass app guidelines. You’re unable to delete your account unless you maybe get assistance from a human. It states 24 hours but
Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store