Monarch

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.

1. [R2] 1/5 · US Look elsewhere.: Too expensive for such shoddy authentication. Don’t trust them with my financial details.
2. [R3] 5/5 · US Best budgeting app: I’ve been terrible at keeping up with our transactions and seeing where all our money goes. The categories and roll over ability for each month is flawless. Would definitely recommend. Yes it’s a bit pricey but worth every penny. Quality is fantastic only thing I’d recommend is an offline form to see your budget you have to be connected or have signal to view the app.
3. [R33] 2/5 · US Not any better than free apps: A lot of the functionality you would think it doesn’t have or doesn’t work smoothly. Poor syncing, can’t sync with some common account types, duplicates accounts, duplicates transactions, lots of manual overrides needed, can only do some things on web. Better of just sticking with Empower Personal Capital since it’s free and has the basically the same bugs.
4. [R66] 1/5 · US Charged after cancelling, overpriced, basic: I used Monarch for a few days and made a spreadsheet in Excel with help from chatgpt that was far better and cost me nothing. Then when I canceled the subscription before the free trial ended, I was charged anyway. There’s no need to use an app like this. You need to have control of your finances. I like entering each charge because it makes me connect
5. [R19] 1/5 · US Missing a key feature: Unfortunately I have to update my review. I cancelled my Monarch subscription months ago when they stopped supporting access to my bank. I cancelled again when they sent me a reminder in May. They charged me anyway. I have contacted customer service but received no response. I’m left either no choice but to dispute the charge and replace my card as they clearly intend to kee
6. [R95] 1/5 · US Charged me without warning!: I had downloaded this app and plugged everything into it but never really made any sense of the way the app flows. It is about 3 days behind the other budget app I was comparing to. I was going to cancel because I do not like the UI at all here compared to others. I would love a refund of my yearly subscription like you said you’d warn me before the charge. Seems preda
7. [R112] 1/5 · US Took money after canceling during free subscription!: Have to put your card info in to start the 7 day free subscription to even use the app. I hated the app so I unsubscribed on the apple subscriptions and yet after the 7 days it took my money! Requested money back and no response!
8. [R27] 3/5 · US Paywall felt like it’s made to trick me: There are 2 options on the paywall. 1 to start trial and another to continue in app. I thought the start trial was going to open the Apple subscription flow which was very misleading when it didn’t. I don’t like to use non-apple subscriptions in apps as they are harder to manage. It was not clear that “continue in app” would open the apple subscription flow
9. [R73] 1/5 · US Illegally billing to avoid apples cut: This ghetto ratchet pathetic app deserves to be banned from the App Store. They are forcing you to go off app into a web Brower to unsubscribe or update any payment info. Making any changes to payment virtually impossible and avoiding apples cut of the $$$$. Take this app down now. It is horrible and violating your terms of service.
10. [R136] 1/5 · US Upgrade is a joke: In order to upgrade to their Plus subscription, you must go to direct billing. You can’t do that unless you cancel your Apple billing. Great, but if you are a couple months into your subscription, you have to wait 10 months to upgrade? What kind of idiotic business decision is that to prevent customers from giving your more money. Time to find a replacement.
11. [R20] 1/5 · US Locks you out until you’re forced to update: Been a paid user for +2 years. Low signal? Old iOS? You’re out of luck. They will have a giant screen come up that completely locks you out of using the app and the services YOU PAY FOR until you drop everything and go update their app. You’d better hope you’re not on an older iPhone that doesn’t have the latest iOS because they’ll 100% lock you of th
12. [R77] 1/5 · US Updates: Why am I forced to update the app to use it? None of my other apps require updates this often, including my banking apps, so it isn’t a security thing. Please stop forcing me to update this thing.
13. [R91] 1/5 · US I feel like I wasted my money: I started using Monarch in January. I didn’t use every feature, but I did use the budget and the goals feature. I just wanted to make sure I understood what was going in and coming out of my account. It worked great for me. It helped me feel a little less anxious about my finances. Now, like any other ill-advised company, it seems that Monarch has decided to focus f
14. [R106] 1/5 · US Poor for investment: Good for expenses. Very poor for investment. To get any meaningful look at investment you have to pay extra and separate. Scam in my opinion
15. [R128] 3/5 · US Lots of features, but is not actually helpful.: I downloaded the app and got the subscription. The app has a lot of features but is not intuitive and takes excessive amounts of time to try and learn. I went back to my excel spreadsheet as it does everything I need for free, and takes less time than monarch did. Excel is WAY better for my CPA as well.
16. [R1] 5/5 · US Best Financial App: Monarch has been a game changer for my family’s finances! I used to manually track expenses using excel and it got to be too much. Monarch simplifies all of those tasks and much much more. Between net worth tracking, the visual displays, and the built in AI tool you will not regret the move to Monarch!
17. [R6] 5/5 · US The best: This helped me get our family finances in order and more importantly, collaborate with my partner on our finances. Amazing app, keep going Monarch!
18. [R8] 5/5 · US Great for families: My husband got us started on Monarch and at first I was skeptical. Why are we spending money to track our money, but it has really helped us see where we are spending irresponsibly and then make changes. We are saving for a house so knowing where we can cut costs and see our spending habits is a game changer!
19. [R10] 5/5 · US The most pleasant app I have been used after mint shut down: Compared to other apps, it does everything I want. A lot of other apps I used has tiny issues, e.g. Fidelity full view or credit carma. They had issues importing one or two of my accounts such as Morgan Stanley Stock Plan or HSBC. But Monarch does all of them right. Feels so good to see all things again.
20. [R11] 5/5 · US Look no further: I used to like Mint. Everything else I’ve tried since never satisfied me. There was always things missing or clunky. Until Monarch. It’s literally perfect. I’ve never had a moment where I thought “man it does not do that?” Nope. It does it all and does it in an easy to use and intuitive user interface. Well done. Non reason to look at any other option.
21. [R12] 5/5 · US Mint but better: Just like the mint I used to love
22. [R13] 5/5 · US Best financial consolidation app you will find: I was lost after mint closed down until I found Monarch. They are the first and last app I check every single day. If you were serious about your money, you cannot do any better than Monarch for personal wealth management.
23. [R18] 5/5 · US Overall great app: I like how two people can upload their own accounts so each person can have ownership, and host the whole picture can also be seen. I like how you can see all transactions that come in. The accounts stay connected for the most part. I’ve been using it for about 8 months now and I like it so far. I do wish there was a way to order the accounts by balance rather than the order the
24. [R40] 5/5 · US Needed Support: My wife and I have been struggling to get a consistent budget for the household. Monarch has made the budgeting process fun, interactive, and collaborative. I rate this app 10/10!
25. [R9] 5/5 · US Love it: Best budgeting platform, super easy to use and see all my metrics
26. [R43] 5/5 · US Goals: The Goals portion of this app is what makes Monarch worthy of a five star review for me.
27. [R49] 5/5 · US 100% Everytime: Customer service is just like it used to be. They put their customers first and value them. You won’t regret it
28. [R4] 4/5 · US Good except Schwab connection: Like everything except the connection to Schwab. Fussy, often doesn’t work and takes too much time every few days. Copilot does this much better.
29. [R26] 1/5 · US Doesn’t stay connected: The simply cannot stay connected to accounts. It’s really frustrating.
30. [R5] 2/5 · US No phone support, app freezing: There is no phone number for support and there’s a lot of duplicate like rent. My “July Progress” won’t load. I tried multiple times and researching online how to fix it and i can’t fix it.
31. [R37] 1/5 · US Inaccurate Info: Incorrectly showed holdings and returns (showed losses on strong increase days). Support was very slow to respond and not helpful at all. Cancelled after 6 months for a refund. Look elsewhere and save the headache.
32. [R42] 1/5 · US Unable to keep accounts synced: I really want to give five stars but can't because they cannot keep accounts synced. When you contact help they ask you to resign in which works 1/4 of the time and the others support responds back with canned messages like are you sure you own the account?? Mean while their sync status page will show issues with the major providers. You can do better.
33. [R302] 3/5 · CA Limited use for Canadians: Like a lot of budgeting apps, most new and interesting functionality is limited to American customers with Canadian users left off of their roadmap.
34. [R304] 3/5 · CA Doesn’t work well with RBC bank: Nice app but doesnt sync properly with RBC bank in Canada. Too bad.
35. [R306] 3/5 · CA Needs sync improvements: App (both mobile and web) are both excellent. Clean UI and surface most of the stuff I’m interested in. But the sync still needs attention. Several of my accounts disconnect on a daily basis. So every day I’m getting emailed warnings about institution disconnections at 2am, and then every time I log into the app I need to spend 5 minutes entering security questions or typi
36. [R318] 3/5 · CA Good but disent work with RBC: I like the app and all the features it offers but it doesnt work with RBC at all anymore which makes it very limited for me as it’s m’y principal bank