The 10 Best Finance and Banking Apps (iOS & Android) (2023)

Finding the right finance or banking app can be a daunting task. Whether you're a casual saver, a seasoned investor, or someone just looking to get a handle on your spending, the perfect app can make all the difference. But here's the challenge: the App Store and Google Play are teeming with options. From personal finance organizers to full-fledged banking services, it's easy to get lost in the maze of icons and customer reviews. What you need is a trusted guide to navigate through the noise and pinpoint the apps that genuinely add value to your financial life.

Let's talk about what these apps really are. Basically, they're software applications designed for smartphones, tablets, and sometimes even desktops, with the sole purpose of helping you manage your finances. Some apps are designed by banks to give you access to your account details, make transactions, or even invest. Others are independent tools for budget tracking, investment management, or debt payoff strategies. Regardless of the origin, these apps connect to your financial accounts to provide real-time updates and a consolidated view of your finances.

Our primary goal here is to offer a balanced evaluation. Sure, most apps boast top-notch security features, intuitive interfaces, and a range of services, but there's no one-size-fits-all. The best app for a college student budgeting for the first time will look very different from the ideal choice for a busy professional juggling multiple income streams. An app's suitability often depends on your unique financial needs, how much manual input you prefer, and even your level of financial literacy.

If you're reading this, chances are you're someone who's serious about making informed choices. You appreciate good design but aren't swayed by flashy graphics. You want utility, efficiency, and perhaps a dash of innovation to make the mundane task of financial management a little less tedious. So let's cut to the chase: in the following article, we've compiled a list of the best finance and banking apps for both iOS and Android, assessed their pros and cons, and hopefully made your search a bit easier. Whether you're dipping your toes into the financial waters or you're a veteran looking for an upgrade, there's something here for you.

Mint - Personal Finance & Money (iOS & Android) - Track Spending, Create Budgets, Bill Reminders

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Mint is a comprehensive financial management tool available for both iOS and Android platforms. Developed by Intuit, the creators of TurboTax and QuickBooks, Mint offers an all-in-one platform that allows users to track spending, create budgets, and set up bill reminders. With its intuitive interface and robust features, Mint helps users gain control over their financial life by providing a clear picture of their income, expenses, investments, and net worth.

As a leading personal finance app in the market today, Mint has established its reputation through its powerful capabilities in managing personal finances. It offers an easy-to-use platform that aggregates all financial data in one place. By linking bank accounts, credit cards, loans, and investments to the app, users can easily monitor all their transactions and balances without having to log into multiple websites or apps.

Key Features

  • Track Spending:Mint automatically categorizes transactions from linked credit cards and bank accounts. This feature allows users to easily track where their money is going and identify areas where they could potentially save.
  • Create Budgets:The app provides tools for creating personalized budgets based on the user's income and expenses. It also tracks progress towards these budgets in real-time.
  • Bill Reminders:Mint sends automatic reminders when bills are due to help prevent missed payments. Users can schedule these reminders according to their preference.


Mint: Personal Finance & Money is free to download and use. However, it does offer in-app purchases for premium features such as credit score monitoring. These additional features come with a cost that ranges from $16.99 per month to $99.99 per year.

YNAB (You Need A Budget) (iOS & Android) - Real-time Access to Data, Debt Paydown, Goal Tracking

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YNAB, short for "You Need A Budget," is a comprehensive budgeting application available on both iOS & Android platforms. It's designed to help users gain control of their finances by providing a simple and intuitive platform for budgeting, tracking expenses, and financial planning. YNAB operates on the principle that every dollar has a job, promoting proactive budgeting habits and financial responsibility.

The application integrates seamlessly with your bank accounts, allowing real-time access to data. This means your budget is always up-to-date with the latest transactions and balances. The platform also provides tools for debt paydown and goal tracking, enabling users to plan for the future while managing their current financial situation.

Key Features

  • Real-time Access to Data: YNAB syncs directly with your bank accounts to provide up-to-date information on transactions and balances. This enables you to see exactly where your money is going at any given time.
  • Debt Paydown: The app provides tools to help you manage and reduce your debt effectively. You can set up payment plans and track your progress over time.
  • Goal Tracking: With YNAB, you can set financial goals and monitor your progress towards achieving them. This feature helps you stay motivated and focused on your long-term financial health.


YNAB operates on a subscription model. The cost is $11.99 per month or $84 per year if billed annually. There's also a 34-day free trial available for new users who want to test out the platform before committing to a subscription.

Acorns - Invest Spare Change (iOS & Android) - Automated Investing, Retirement Planning

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Acorns is a finance and investment application designed to help users save and grow their wealth over time. Available on both iOS and Android platforms, Acorns provides an easy and accessible way for individuals to begin investing their spare change into diversified portfolios. The app offers a unique approach to investing that leverages micro-investing - a strategy of investing small amounts of money regularly, which can add up significantly over time.

The platform is designed with simplicity in mind, making it an ideal choice for novice investors who may not have the time or knowledge to manage their investments actively. Acorns takes the guesswork out of investing by automatically selecting and managing a diversified portfolio based on the user's financial goals and risk tolerance. This hands-off approach allows users to focus on their day-to-day lives while their money works for them in the background.

Key Features

  • Automated Investing:Acorns rounds up your everyday purchases to the nearest dollar and invests the difference into your chosen portfolio.
  • Retirement Planning:The app includes an option for a retirement account (Acorns Later) that provides automatic recurring investments.
  • Educational Content:Acorns offers a wealth of educational content designed to help users understand personal finance and investment basics.


Acorns operates on a subscription-based pricing model with three tiers: Lite ($1/month), Personal ($3/month), and Family ($5/month). The Lite plan offers basic investment account features, while the Personal plan includes retirement planning options, checking account features, bonus investments, etc. The Family plan offers all features from the Personal plan plus investment accounts for kids (Acorns Early).

Venmo (iOS & Android) - Peer-to-Peer Payments, Social Media Integration

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Venmo is a popular mobile payment service owned by PayPal. It allows users to transfer money to others using the app. Venmo accounts are linked to a user's bank account or credit card, and transactions can be made via the Venmo app on iOS and Android devices. The application is widely recognized for its innovative integration of social media elements into the financial transaction process.

The platform operates by facilitating payments between friends and family in a more streamlined and interactive way than traditional online banking or credit card transactions. Users can share their purchases in a social feed where friends can comment or like their activity, adding a social aspect to an otherwise mundane process.

Key Features

  • Peer-to-Peer Payments:Users can send and receive money from friends and family quickly and easily, directly from their mobile device.
  • Social Media Integration:Transactions aren't just transactions with Venmo. Each one comes with the option to include a personalized message, which can be seen by others depending on your privacy settings.
  • Purchase Protection:If you use Venmo to pay for goods or services, you're protected against unauthorized transactions.


Venmo is free to use. However, they do have some optional services that may incur fees:

  • Sending money using a credit card: 3% fee
  • Instant transfer of your Venmo balance to your bank account: 1% fee (minimum $0.25 fee, maximum $10 fee)

PayPal Mobile Cash - Send and Request Money Fast (iOS & Android) - Online Payments, Money Transfers

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PayPal Mobile Cash is a finance app available for both iOS and Android platforms. This application is a product of PayPal, one of the world's leading online payment systems. The app provides a convenient platform for users to send, receive, and access their money quickly and securely from their mobile devices. With millions of users worldwide, the PayPal Mobile Cash app has revolutionized the way people handle their finances by providing an easy-to-use interface that integrates seamlessly with the PayPal platform.

The PayPal Mobile Cash app offers a range of features that cater to various financial needs, from online payments to money transfers. Whether you're paying for goods or services online, sending money to friends or family, or receiving payments, this app makes it all possible at your fingertips. Its robust security measures ensure that your transactions are protected, giving you peace of mind when handling your finances.

Key Features

  • Online Payments: The app allows users to make secure online payments to millions of stores worldwide. You can also make in-app purchases with ease.
  • Money Transfers: With this feature, you can send money quickly and easily to anyone with an email address or mobile number.
  • Request Money: This feature allows you to request money from others in a simple and hassle-free manner.


The PayPal Mobile Cash app is free to download on both iOS and Android devices. However, certain transactions may attract fees depending on the nature of the transaction and where it's being made. For example, selling goods or services may attract a fee which varies based on the amount being transacted. Similarly, international payments may attract a small fee based on the currency being used and the country where the payment is being sent. Detailed information about these fees can be found on PayPal's official website under their fees section.

Chase Mobile - Bank & Invest (iOS & Android) - Deposit Checks, Pay Bills, Send Money

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Chase Mobile is an innovative financial application designed to bring the banking experience right to your fingertips. Available for both iOS and Android devices, this app is developed by JPMorgan Chase Bank, N.A., one of the leading global financial services firms. The Chase Mobile app aims to simplify banking tasks by providing a platform where users can execute a variety of financial transactions digitally, eliminating the need to visit a physical bank.

With technology rapidly transforming various sectors, the banking industry hasn't been left behind. The development of mobile banking apps like Chase Mobile is testament to this shift. Offering convenience, efficiency and security, these apps have revolutionized how we interact with our banks. The Chase Mobile® app is a prime example of this digital evolution in banking.

Key Features

  • Deposit Checks: With the Chase Mobile app, you don't need to visit a bank or ATM to deposit your checks. You can simply take a picture of your check and deposit it through the app.
  • Pay Bills: The app allows you to manage and pay your bills conveniently from anywhere at any time.
  • Send Money: Whether you're sending money to friends or family, or transferring funds between accounts, the Chase Mobile app makes it easy and secure.


The Chase Mobile app is free to download on both iOS and Android platforms. However, standard text messaging and data rates may apply depending on your mobile carrier. Additionally, certain features like wire transfers may incur fees as per the bank's standard charges. It's also worth noting that while the app itself doesn't charge for transactions such as sending money or paying bills, these transactions might attract fees from your bank or service provider.

Robinhood - Investing for All (iOS & Android) - Commission-free Stock Trading

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Robinhood is a popular mobile application that aims to democratize finance for everyone. The app is available on both iOS and Android platforms. Robinhood's mission is to provide the tools necessary for everyone to participate in the financial system. It does this by offering commission-free trading of stocks, ETFs, and options right from your phone or computer.

The Robinhood app is designed with a clean, intuitive interface that makes it easy for users of all levels to navigate and understand. It's not just about facilitating transactions - Robinhood also provides real-time market data and relevant news to help users make informed investment decisions. Whether you're new to investing or an experienced trader, Robinhood has features that can benefit you.

Key Features

  • Commission-free Trades: Users can buy and sell stocks, ETFs, options, and cryptocurrencies with zero commission fees.
  • Instant Access: With Robinhood Instant, users have instant access to deposits (under $1,000) and immediate access to funds after selling stocks.
  • Stocks & Funds: Users can choose from a broad array of investment options including popular stocks and ETFs.


Robinhood operates on a freemium model. The basic account comes with zero commissions on trades which is quite attractive for new investors or those who trade infrequently. For more active traders or those looking for additional features like professional research reports and margin trading, there is Robinhood Gold. This premium account costs $5 per month but comes with a free 30-day trial for new subscribers.

Credit Karma - Free Credit Scores & Reports (iOS & Android) - Credit Monitoring, Personalized Recommendations

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Credit Karma is a comprehensive personal finance app that provides users with free access to their credit scores and reports. Available on both iOS and Android platforms, it offers a user-friendly interface that allows users to monitor their credit status, thereby facilitating informed financial decisions. The app is designed to provide insights into the factors affecting your credit score and offers personalized recommendations to improve it.

In addition to these features, Credit Karma also provides a host of other services aimed at helping users manage their finances effectively. It employs robust security measures to ensure the safety of your data while providing you with a clear understanding of your financial health.

Key Features

  • Credit Monitoring: Credit Karma provides real-time updates on changes in your credit score. It sends instant notifications whenever there are significant changes in your credit reports.
  • Free Credit Scores & Reports: The app provides free access to your credit scores from two major bureaus, TransUnion and Equifax. You can check these scores as often as you like without any impact on the score itself.
  • Personalized Recommendations: Based on your credit profile, Credit Karma suggests personalized credit cards and loan offers that you are likely to get approved for.


One of the most appealing aspects of Credit Karma is its pricing - or lack thereof. The app is completely free to use. There are no hidden charges or fees for accessing any of its features or services. This includes unlimited access to your credit scores and reports, as well as personalized advice based on your financial profile.

Expensify - Receipts & Expenses (iOS & Android) - Expense Reporting, Receipt Scanning

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Expensify is a comprehensive expense management tool designed for both individuals and businesses. Available on both iOS and Android platforms, this app is designed to simplify the often tedious task of tracking expenses, making it an ideal companion for those who frequently travel for business or want to keep a closer eye on their spending. Expensify's mission is to make expense reports "not suck", and it does this by providing a suite of features that streamline the process of recording, reporting, and reconciling expenses.

The primary function of Expensify is to digitize the process of expense reporting. It does this by transforming physical receipts into digital format through its SmartScan feature. This means that instead of manually entering data from a receipt, users can take a photo of it using the app, which then automatically extracts the relevant information and categorizes it accordingly.

Key Features

  • SmartScan Technology: This feature allows users to take photos of their receipts, which are then automatically processed by the app. The relevant information (such as merchant name, date, and amount) is extracted from the image and used to create a digital record.
  • Expense Reporting: Users can easily compile their recorded expenses into comprehensive reports. These can be customized according to user needs, such as by date range or expense category.
  • Integration with Popular Accounting Software: Expensify seamlessly integrates with popular accounting software like QuickBooks, Xero, and NetSuite. This makes it easier for businesses to reconcile expenses with their existing financial records.


Expensify offers several pricing tiers tailored to different user needs:

  • TheIndividualplan costs $4.99 per month and includes unlimited SmartScans.
  • TheGroupplan costs $9 per user per month (when billed annually) or $10 per user per month (when billed monthly). It includes additional features such as corporate card reconciliation and integrations with accounting software.
  • TheCorporateplan costs $18 per user per month (when billed annually) or $20 per user per month (when billed monthly). It includes all Group features plus advanced policy enforcement and integrations with HR systems.

Please note that these prices are subject to change and may vary depending on your location or any ongoing promotions offered by Expensify at the time of purchase.

QuickBooks Accounting - Invoicing & Expenses (iOS & Android) - Small Business Accounting

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QuickBooks Accounting is a robust financial management tool designed to cater to the needs of small businesses. Developed by Intuit Inc., this software provides an all-inclusive solution for managing and tracking expenses, creating invoices, running reports, and more. Available on both iOS and Android platforms, QuickBooks allows users to keep their business finances organized and accessible from anywhere at any time.

The primary goal of QuickBooks is to simplify the complex tasks associated with business accounting. It offers a comprehensive suite of features that are tailored to assist small businesses in managing their finances efficiently. From invoicing clients to tracking expenses, this software offers an array of tools that help businesses streamline their financial operations.

Key Features

  • Invoicing: QuickBooks allows users to create professional invoices, customize them with their company logo, and send them to clients directly from the app. Users can also track the status of each invoice in real-time.
  • Expense Tracking: This feature enables users to record expenses for tax time. They can even snap and store receipts in the app.
  • Reports: QuickBooks provides insightful reports that help businesses make informed decisions. Users can view profit & loss reports, balance sheets, and many other financial statements.


QuickBooks offers several pricing plans designed to suit different business needs:

  • Simple Startplan costs $25 per month. It includes features like tracking income & expenses, capturing & organizing receipts, etc.
  • Essentialsplan is priced at $40 per month. It includes all Simple Start features plus time tracking and bill management.
  • Plusplan costs $70 per month. In addition to all Essentials features it also includes inventory tracking and project profitability tracking.
  • Lastly, there's anAdvancedplan for $150 per month which includes all Plus features as well as business analytics & insights and batch invoices & expenses.

For those who want to test the waters before purchasing a plan, QuickBooks offers a 30-day free trial.

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