- The Good
- Budgeting experts
- 30-day free trial
- Investment monitoring
- The Bad
- Only compatible with Apple devices
Apple users finally have a financial management option that has all the features you expect from a full-service option. Historically, Macs and other Apple devices have struggled in this space, but Banktivity fills the gap with personal finance software that offers everything from expense management and budget tracking to bill pay and investment management.
There are tons of free personal finance apps out there, but few offer the completely comprehensive list of features you’ll find with Banktivity. This app is designed to be a replacement for other full-service software that includes expense tracking and bookkeeping, all for a reasonable, one-time price.
- Easy importing from existing tracking software
- One-click bill pay
- Advanced budgeting tools
- Track your investments
Banktivity is a truly full-service finance app. Not only can you track and tag expenses, you can set up custom reports, manage your bills, monitor your savings and much more, all through a single platform. Plus, you can access Banktivity from any of your connected Apple devices. That means you can get notifications on your iWatch or handle your banking from your iPad, all through a single, powerful personal finance tool.
- Account Integration
- Banktivity works with thousands of banks to offer automated account syncing
With Banktivity, you have options. As long as your bank allows it, you can set up automatic syncing or you can even pay to enjoy Direct Access service. With the right protocols in place, you can pay your bills and manage all of your accounts through Banktivity, so you don’t need to remember a dozen different logins and URLs.
- Budget Resources
- Customized budgets
Banktivity really shines in the budget area. You can use one of their existing budget templates to get started and then customize it for your use. There is no one-size-fits-all financial solution, and Banktivity doesn’t try to offer one. Instead, they offer total customization on your budgeting experience, so you can build a plan that works for your needs.
Banktivity: User Reviews
Banktivity is, no question, one of the most comprehensive and feature-rich options when shopping for a personal finance app. It offers all of the functionality you’d expect from a local program with the benefits of instant access and cloud-based storage you get from an app. It’s a seamless blend of full-service and on-the-go access.
How Does Banktivity Work
Using Banktivity can be super simple or complicated. It all depends on your personal finances. If your finances are fairly direct and simple, your Banktivity experience will be, too. If you have dozens of accounts, own your own business and manage a complex series of investments, your Banktivity account will reflect that.
Getting started is pretty easy. All you need to do is link your accounts to the app, giving it access to your account history. Then, you can start tracking your information. You can also set up accounts to track expenses and deposits for later reconciliation.
What Makes Banktivity Stand Out?
Where other personal finance apps just present the information from your bank, Banktivity lets you do a lot more. You can use it as a complete accounting solution. For example, you can track your accounts payable as invoices come in if you own a business. You can also reconcile your accounts.
Most personal finance apps assume the information on your transaction history is correct, but that’s not always the case. With Banktivity, you can work to correct errors and actually reconcile your transactions.
Common Banktivity Reviews
Experts routinely give Banktivity high ratings (4+ stars) in large part due to the sheer number of features available. For example, in a standard finance tracking app, every restaurant purchase might show up as a food expense, but what about when you’re on vacation? With Banktivity, you can tag expenses so you have a more clear picture about your spending. That way those vacation expenses show up in the right bucket.
Users love the app, even with the $29.99 price tag. It has a 4.5-star rating on iTunes.
Is Banktivity Right For You?
If you need more power than you’ll find in most free personal finance apps, Banktivity might be exactly what you need. It expands to fit your financial situation, offering everything from investment managing to bookkeeping. When you need a full-service finance app, Banktivity fits the bill.
You can do all of your banking, bill pay and expense tracking from a single app. You can even produce custom reports like P&L statements or Cash Flow, all through this extensive piece of software. And, you can do it all on the go. If you’re a Mac user, you can’t do much better than Banktivity.