Monarch vs NerdWallet

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] Monarch 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!
2. [R5] Monarch 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. [R6] Monarch 3/5 · US Good for spending tracking not for account aggregation: Pretty intuitive for tracking credit card spending across categories and budgeting. Tried using it as an account aggregator to have investment and retirement accounts included and it turned into manual updates every few days. The app can’t distinguish transactions between interest or dividends paid and reinvested. I have to fix it every month
4. [R9] Monarch 3/5 · US 2 Stars for the iPad App / 4.5 stars for the platform: I absolutely love the platform and experience very issues with syncing but I absolutely hate the iPad app’s unnecessarily reduced capabilities and minimal investment in improving it. Over a year ago I requested that the reporting feature from the web version be brought to the iPad, which at that time was the only major feature missing from the
5. [R7] Monarch 2/5 · US Meh: Nice app. Just know that every time you open the app, you’ll suffer through a “dashboard” which is really just their marketing ads on trying to sell you services. Is quite annoying. Might want to find another app before you spend time setting up this one.
6. [R15] Monarch 3/5 · US If you’re paying off debt, NOT FOR YOU!!: I love everything else about this app. It’s got a great desktop and mobile version, account setup was easy and it’s visually pleasing and easy to navigate. My husband and I can finally both see our complete and up-to-date financial picture in a way we can both appreciate instead of me just tracking in Quicken and printing reports for him that he’ll barely
7. [R20] Monarch 5/5 · US Love it: Best budgeting platform, super easy to use and see all my metrics
8. [R24] Monarch 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.
9. [R1] Monarch 1/5 · US Look elsewhere.: Too expensive for such shoddy authentication. Don’t trust them with my financial details.
10. [R4] Monarch 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.
11. [R8] Monarch 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.
12. [R12] Monarch 3/5 · US Meh-narch: This app is ok, for budgeting but that’s about it. It’s pretty much the reincarnation of mint.com: full of double entered transactions and things that you need to recategorize multiple times before it sticks. Fine for budgeting, but not great for projections which is important to me. God, I wish Intuit hadn’t stopped making quicken.
13. [R3] Monarch 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
14. [R10] Monarch 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
15. [R13] Monarch 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
16. [R23] Monarch 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.
17. [R22] Monarch 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.
18. [R26] Monarch 5/5 · US Mint but better: Just like the mint I used to love
19. [R28] Monarch 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.
20. [R61] NerdWallet 1/5 · US 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
21. [R67] NerdWallet 2/5 · US 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.
22. [R72] NerdWallet 3/5 · US 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
23. [R78] NerdWallet 3/5 · US 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
24. [R19] Monarch 1/5 · US Doesn’t stay connected: The simply cannot stay connected to accounts. It’s really frustrating.
25. [R25] Monarch 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.
26. [R75] NerdWallet 3/5 · US Okay: It’s OK for a free app, but missing some key features no one has yet to come up with a decent replacement for Mint
27. [R84] NerdWallet 3/5 · US Great free app: For a free app this gives me what I need for the most part. Recently I’ve been changing big orders I make with roommates into smaller categories (unfortunately this app doesn’t let you split things up, which would make things so much easier) and then I’ll come back and it resets its self. Or I’ll change the category and it will reset later. It’s frustrating because I’ll have to dou
28. [R99] NerdWallet 5/5 · US Thank you NW!: Love that the app is free, taught me so much & helped me start a real savings with some weight to it😭. Thank you NerdWallet for being such an educational and inspirational staple in today’s day & age✝️💚
29. [R101] NerdWallet 5/5 · US 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.