*An optional subscription to Direct Access, Banktivity's exclusive connectivity option, automatically updates your account data from over 10,000 financial institutions worldwide. I am a version 7 user in the UK so can’t use the online service..That suits me and I’m happy to import my transactions manually via QIF files . Feel like I've been stabbed by someone I've supported for a long time. If I download the trial version but don’t proceed with a subscription, would I still be able to use Banktivity 8 in offline mode? I think you can take off the multiple device support and cloud-based storage, and repackage this to a much more palatable package for consumers who just want to sit at their mac once a week and take care of their bills. This costs $5.99 for 30 days, $13.99 for 90 days or $44.99 for one year. The New Banktivity went live a little more than a month ago and we’ve already released five updates on Mac and iOS. I would happily pay the sub - as long as there is full connectivity - ie Open Banking support and support for live stock prices. Quicken has switched to a subscription model, which means you'll have to pay $74.99 annually if you want all the bells and whistles. One big thing about Banktivity: unlike other personal finance apps which are trending to be 100% subscription based, Banktivity only requires a subscription if you want to have it sync with your bank accounts online via their Direct Access feature. That is you can still add accounts and transactions, manage your budget, create and edit reports and so on. By switching to our subscription model we can ensure that our customers are paying for — and receiving — active support and security for our online services. (Note: >270 days between this developer blog post and the last one. I was genuinely curious if this was true. General. This is basically why we offer this unconventional piece to our subscription. You will need to start a subscription in Banktivity 8 first. You won’t get connected services or tech support, though. When I booted it up and had everything working I noticed that Banktivity required a subscription now! List updated: 11/10/2020 1:29:00 AM * We earn commissions … OFX/Direct Connect is no longer an available option. It only works on half my accounts. I understand these guys need to get paid, but man, this is a bit steep. Hopefully the new features will justify the bump to v8 and not a rebranded v7. Many companies today take a very unpalatable stance on data access. My fiancée and I are on Banktivity 7. The first step in money management is to get all your finances in one place, that's why Banktivity's set-up assistant will import your data from other platforms. Nothing about them is changing now, but they will no longer be developed and support will eventually be phased out. Bankitivity 8 Subscription. UGH. We want to release features as they are ready, not accumulate a bunch so that we can then declare a big new release and charge for it. Like BankTree, it allows you to sync data from your bank account for an ongoing subscription. We hear that you want enhancements to existing features to make the application easier to use, faster releases of bug fixes, new features and OS compatibility updates, and you want all of our applications to work together. Over this same period, IGG Software Inc. also released iOS versions for the iPhone (2009), the iPad (2012), and Apple Watch. 56 Schwab requires Direct Access. Banktivity review: at a glance Press J to jump to the feed. Banktitvity enables users to categorize transactions regardless of whether they input the transactions manually or use the built-in bank connectivity options. Take Banktivity for a spin and see if you like it. Sounds like I will have to look for a different banking app. And Gold at $100 a year is even a worse value. I suppose that Silver access won’t break the bank for me, but I can see how those who have simpler financial setup with a check account, a car payment and maybe a credit card might find this an excessive purchase when it could still be done by spreadsheet. Click here to use our alternative subscription form. Take Banktivity for a spin and see if you like it. Ian Gillespie I generally really like their software, but they have a poor history of living up to delivering what they say, and they can't even be bothered to fix the everyday annoyances, so there's no way I'm going to pay up front for a bunch of promises. 472 Comments. He's also an avid birdwatcher, a soccer player, fiddler and an organic gardener. With subscription we can just release features as they are implemented – this is a win for everyone. If you go out and buy all of our apps today, you will be faced with two required purchases (Mac and iPad), one free download (iPhone), and one optional subscription for Direct Access — which works across all devices. We know there are customers out there don’t use our connected services and don’t need our technical support. It appears that after you buy it once, it keeps working without the online stuff. My thoughts too as a European customer. Changed from Quicken star star star star star_border. There have been a total of 7 releases for the desktop version since its inception. They'll need to fix all the well known bugs and shortcomings to ensure that people keep paying the subs. For the rest of this blog post I dive into why we are changing pricing models, and I cover some of the details of our new subscription. B8 subscription price in perspective. Copyright ©2020 IGG Software, Inc. Privacy Policy. I will gladly send IGG $USD 100 p.a. Similarly, our technical support will only be available to people with active subscriptions. You will still get the same great support no matter which channel you choose! Some of our younger customers have only recently gotten to the point in their lives where they have finances to track at all, and may just be beginning to build an emergency fund — while some customers are managing millions of dollars across a diverse array of accounts and currencies. Click here to use our alternative subscription form. Hitting closer to home, if you subscribe to YNAB, but decide to not pay your subscription, you can’t access your budget or data. (It used to cost $9.99.) Banktivity enable users to analyze, synchronize, and integrate bank accounts. Bankitivity 8 Subscription. Banktivity has always been a great app to see all of your finances in one place, to answer questions about spending, investing and taxes. You can use this figure to set a goal and see if you are sticking to it or you can even setup a monthly saving plan as part of your budget. Required fields are marked *. You will see a screen indicating that Banktivity is searching and attempting to connect to details of your account. Version History. [Pre-recorded webinar] No way am I upgrading to B8. For example, Yahoo’s stock quote service used to be free, disk space was often free and so on. 6 Setting up Cloud Sync in the new Banktivity 1 What are the macOS and iOS requirements for the new Banktivity (v8) 26 How do I import my existing Banktivity data into Banktivity 8? The maintenance of 7 has been underwhelming. The difficulty for IGG with a subscription model is that they really have to offer a very, very good product to justify the subscription. *This connection requires a subscription with IGG software. This is not flawless software you’re selling. It includes everything you need to get started with managing your finances including Direct Access connectivity, cloud sync, budgeting and more. Your email address will not be published. Further, we want to be around for many more years to come. We love our customers, without you, we wouldn’t be where we are today. I find it hard to believe that this will change when Banktivity switches to be subscription software. They have live chat Monday through Friday and their support is based in the US. Honestly, I haven’t been impressed with the updates that are seldomly released. If you are upgrading from a previous version to the new Banktivity, any Direct Access time you have can be transferred. If you need help, please follow each of these steps to resolve your issue. The app will keep working and you’ll get updates, free. Banktivity 7 is the newest Banktivity release from IGG Software. Banktivity 5 is a personal finance manager for Mac and iOS. Banktivity 7 remains as powerful a personal finance tool as iBank was, and added improvements to its functionality increased its strength in the field of native-Mac financial software options. I like the look of the new version. Silver also includes support for downloading stock quotes and home prices (US homes only). I bought 7, not because it offered anything I needed, but because I wanted to support software I liked. Next, enter your SchoolsOnline credentials and select the “Sign In” button. The gold tier also allows you to download currency exchange rates. Banktivity makes it easy to improve your saving habits. This new model will coincide with the release of Banktivity 8 for Mac, iPhone and iPad. If you just want to sit down on your Mac once and a week and take care of bills, you should subscribe for a year and then not renew. So I paid. This list contains a total of 25+ apps similar to Banktivity. 7. Really, across the board there has been an increasing monetization of data. Last, we wanted to do all of this while still offering a tremendous value to customers with the right spirit. Second, a lot has changed since we first started offering connected services. Banktivity 7 is doing everything we need at the moment. We call this new model a “subscription that doesn’t suck” because, while you will be asked to pay annually, if you choose to cancel: the app continues to work and provide value, and we never hold your data hostage. I'm really sad now. We think this is an odious practice: they are effectively holding your data hostage – ransom payment required! With our subscription you pay and get access to (and support for) all of our apps, including all upgrades with new features, enhancements, and fixes. I don’t want to do that every year though. Older users may know Banktivity as iBank, but it was switched from iBank to its new name in 2016. I'm doing manual data entry for 2 of my 4 supported accounts — which is really 2 of my __ active accounts. Those are better directed to the makers of Banktivity. Quicken is dangling a $46.79 price for more offerings than your $69.00 price. Our Silver tier is $69.99 USD a year (or less than $6 a month). As a customer based in Europe, my choice is easy – Direct Access has never worked for my country’s banks anyway, home pricing doesn’t work, and I luckily don’t need to track more than one currency. The updates haven’t been spectacular & the investments side hasn’t been improved. First, we want to work on things that make you, our customer, happy. Banktivity eases the process of combining checks, savings, credit cards, investment and other accounts. Annoying Summary Screen star star_border star_border star_border star_border. An honest mailing list, opt-in or out at anytime. Starting to like star star star star star_border. I am constantly fixing it’s duplicate entries, it’s wrong transfers into accounts, the direct access is quirky, some things merge, other things don’t, the reports are way too arcane, and my register is almost never right unless I go through my online bank statement and do a ‘quick reconcile’. The gold tier is $99.99 USD a year (or a little over $8 a month). Hi John, thanks for the comments. A single subscription can be shared with Banktivity 5 for Mac and Banktivity for iPad (apps sold separately). If you are a current Direct Access subscriber we think switching to subscription with Banktivity 8 makes a lot of sense. Now there’s a subscription-only version 8 coming out, in which even OFX direct connect (which does not *require* IGG’s ‘online services’) is only included with and for the duration of a subscription. As a NON US customer the statement of Home Tracking (US Only) gives me a feeling that little has been done in the last two years to bring similar function for us. We do backup our data often. Filter by license to discover only free or Open Source alternatives. I agree with point #2. One subscription gets you all of our apps and depending on the tier, our various services like Direct Access, stock quote downloading, etc. I don’t mind the subscription model as long as I see two good updates pa. Their support of B6 and B7 has been lackluster at best, and DA is a joke. To keep my business, you need to give better answers than telling me I am getting more than I need in exchange for paying more than I can afford. Although I’m not a fan of subscription. Visual Studio subscriptions come with different set of benefits depending on the subscription type and level. A single subscription can be shared with Banktivity 5 for Mac and Banktivity for iPad (apps sold separately). I started off with iBank and have been a Bantivity Customer for a while. Similar to fantastical. There you should see a button available to transfer your remaining Direct Access subscription time towards your Banktivity 8 subscription. Please don’t do this! However, our online support articles will remain available to everyone. We take security and privacy seriously, even if it demands more resources from us. For years we’ve been thinking about ways to deliver more updates to customers in less time. But I hope they will pleasantly surprise us. Compared to what some of our competitors offer, we think our new subscription is a great value. you can continue to use Banktivity in basic mode. | Being an Apple user for years as well as a Quicken user for over 20 years, getting something to work better with Apple products and synch seamlessly with all had been a challenge. Banktivity (was iBank) is a new standard for Mac money management. But it’s confusing to have to buy two different apps and one subscription and understand how it all works. We didn’t arrive at these changes overnight. We understand that some customers might wince at the sound of subscriptions. Back in the old days, there were many online services that were free and we were able to piggy back on these. Yes, you will be able to subscribe through Apple’s ecosystem or buy from us. This way our customers that want to move to our new subscription don’t have to leave unused time on our old system. Close. Yes. Since it stopped working, everything has been manual for us. FF about 9 years, and I subscribe to Direct Access to help save entries and keep track of the various accounts and investments. I now somewhat regret switching from Moneydance, although for investments Banktivity’s interface is vastly superior. That’s what I’d take (and I’d have to go the Gold one, just because I have accounts in two countries), but I’d loose the stock prices, which is an important part for anyone managing their retirement assets through banktivity. If you download Banktivity for Mac from our website, then the purchase will be through us. The blog post talks nice about more frequent updates, but given the track record so far, I'll believe it when I see it. Why? Going years between big releases isn’t really good for customers or us. I’m a relatively new banktivity user, who switched to B7 from YNAB specifically to avoid subscriptions. Users of Banktivity 6 for Mac and Banktivity for iPhone can sync accounts, budgets and investments at no cost, or share a single Direct Access subscription. Today I’m writing with some big news: this fall we are switching to a new pricing model. For as little as $5 more a year you get all three Banktivity apps, the new features coming to Banktivity 8, and access to future features as we continue to improve and enhance Banktivity across Mac, iPhone and iPad. So where is the customer-centric vision in that? During your trial you can switch tiers as much as you’d like to help you decide which is the right feature set for your financial tracking needs. Worst case scenario, excel / google sheets will have to do, though that’s not as practical. With its intuitive user interface and a full set of money-management features, Banktivity is the most complete software available for Mac personal finance. I’ve happily paid for the app despite many features not being available to me. 24922:)'s Review of Banktivity. I tried quicken for about a day but all my data is in Banktivity, the new interface is slick, and dammit, I'm lazy. General. You have the option to buy just the Visual Studio IDE or to also get a comprehensive set of subscriber benefits that include cloud services, software for … Yes! I agree with what one of your ‘soon to be former’ customers said — sell more product to make more money. But this simply is not a fair upgrade. ), "Direct Access" is only 50% usable for me. This is not the right place to ask in-depth technical support questions. You can use this figure to set a goal and see if you are sticking to it or you can even setup a monthly saving plan as part of your budget. There is a dedicated place to see your current annual savings rate compared to last year. The next tier up is Silver and includes everything in Bronze plus support for tracking investments, mortgages and loans, real estate and more. We want all of those too and our new subscription model helps us get there. If you purchase Banktivity 7 and decide you don't like it, IGG will refund your money in full, no questions asked (within 90 days of purchase). Press question mark to learn the rest of the keyboard shortcuts. That's really the big question for me. A subscription would therefore add little of value to me as a customer. You can continue to stay on your current version of Banktivity if it is working for you. I was curious, so I just checked (in iBank) when I first purchased, and it was 2011, and several updates purchased along the way. Unlike Quicken, which recently switched to a subscription model, Banktivity is still a one-time purchase and download. What can you read then about currency pricing, stock pricing etc etc. Reviewed on 9/14/18 6:32 PM. We are happy to bring you another update to improve Banktivity. I won’t allow myself to be fooled a third time. July 23, 2020 √ TRACK INCOME & SPENDING, EVEN RETIREMENT PORTFOLIOS Banktivity for iPad has the tools you need to set up checking accounts, savings, credit cards, mortgages, investments and more. | ... To me, Banktivity 8 Silver at $70 a year is a lousy value. In addition to this being confusing, it never feels good to have to buy so much to go “all in” on personal finance software. I am good enough at Excel, and already use it for a lot of my financial stuff, so I will probably just go full time Excel. And I don't even mean new features; I'd be happy with development just to smooth out the features Banktivity already has (tired of stock options coming in as bonds, as one example). Our approach is fundamentally different than many of the subscriptions out there. Other premium features, mostly the ones that connect to our online services, will stop working. Your home is often a significant portion of your net worth. You can try the new Banktivity 8 apps for free for 30 days. Javascript is required to use the form above. How do I transfer my existing Direct Access subscription towards Banktivity 8? It’s been a long road to get here, and I’m excited to finally be sharing what we’ve been working so diligently on! With our subscription, we don’t hold your data hostage. New features and bug fixes will be rolled out in updates. For example, if you subscribe to Adobe’s Creative Suite and you stop paying their subscription, you can’t even open your existing Photoshop files. Only time will tell. Review the features below to see if Banktivity 7 is the right money management software for your Mac. Your email address will not be published. You will then see your security question populate. It’s a really good deal! We can survive with manually tracking our finances in the app. There seem to be no good alternatives. twtmd's Review of Banktivity Ipad. It includes everything in Bronze and Silver plus support for setting up and tracking accounts in different currencies and check printing. So, please accept a heartfelt THANK YOU for your support over the years and we look forward to building the best finance apps for you and your family for many years to come. We hear a lot from our customers, and that’s great. This subreddit is the place to discuss the award winning personal finance app, Banktivity. Not sure how I feel. There is a dedicated place to see your current annual savings rate compared to last year. The software offers a 90-day risk-free trial. For those under these conditions, then buy the subscription once and be done. I don’t really know what other solutions worth trying are out there. 28 July 2020. Banktivity: Personal Finance app on AppStore.Co.Com, Banktivity is the leading personal finance and money management app for iPhone. New features and bug fixes will be rolled out in updates. Connect all of your accounts in one place and star Banktivity is a subscription model so there is no need to purchase upgrades. Save my name, email, and website in this browser for the next time I comment. We love our customers, without you, we wouldn’t be where we are today. Listen, Banktivity is not all that great, even though the customer service is really good. Once you've purchased Banktivity 7, you can install the app for totally free. We don’t use the iPhone app at all so we don’t care about the sync capabilities. After 30 days, your credit card will be billed based on the selected tier (bronze, silver or gold). However, if you use the link below, Banktivity will automatically apply an IGG Software coupon code and chop off $7, making the total price only $62.99. Given our customers’ diversity, we knew a one-size-fits-all pricing wouldn’t work for our subscription. If you sign up through one of our apps downloaded from the App Store, then you’ll be signing up through Apple. We want customers to manage their finances at their convenience and we’ve developed three great apps (Banktivity for Mac, iPhone and iPad) to help them do that. 14 Our customers span a broad range when it comes to where they are on their financial journey. Curious, what are the promises they haven’t lived up to? Post tips and tricks, ask questions about features, and discuss budgeting and finance strategies. When it comes to managing financial data, you don’t want a company that has a “set and forget” mentality. Loranw's Review of Banktivity Personal Finance. A California native, Ian's academic background was in biology, botany and environmental studies. If 8 is just a tarted up and more expensive 7, then I will have no incentive to change. Further, we need a better way to pay for the online services our customers expect us to develop and maintain, in a world where those services incur continuous ongoing costs. Banktivity is one of our top alternatives to Quicken for Mac and here we look at how the latest version Banktivity 6 can help manage your finances.. Banktivity has been around for over a decade now but was more commonly known as iBank until 2016 when it changed the name to Banktivity for various commercial reasons.. Banktivity has been a popular choice for Mac users looking for a … Banktivity is a subscription model so there is no need to purchase upgrades. While an internet connection is required to purchase and use some of our online services, all non-Internet based features fully work, even if you are offline. but I don't want B7 rebadged into a sub model (sadly this has been the trend with many other products for the Mac). We allow customers to convert their remaining Direct Access time to the new system. To transfer your Direct Access time towards your Banktivity 8 subscription you can go to File> Subscription> View My Subscription. Posted by 1 month ago. I won't do subscriptions, because unlike the cutesy motto in their blog post, it seems to me that they almost always suck for the customers, who are demanded to pay up front sight-unseen, and then just hope some scraps of fixes will be thrown our way. Normally, you'd have to pay $69.99 to purchase Banktivity 7. I'm trying out Moneydance, and while it doesn't look as nice as Banktivity it seems to fit my needs. Our lowest priced tier is called Bronze and will cost $49.99 USD a year (that’s a little more than $4 a month). One important note before I dive into the details: over the coming weeks I plan to release a couple more blog posts covering the new features coming to Banktivity 8 for macOS, iOS and iPadOS. . Give Toshl a try, you might be able to download transaction from your bank. Banktivity 7 ($69.99 value) ... - Save time and keystrokes by creating shortcut auto-fill snippets (1-year subscription) RapidWeaver 8 ($84.99 value) - Design your own website with zero code; We will be offering three different pricing tiers to better accommodate our customers’ needs. I’m looking forward to talking about some of the user-facing features coming in Banktivity 8 for Mac, iPhone and iPad in the coming weeks! Frustrating — wait. Banktivity, formerly known as iBank is a personal finance management suite designed for macOS and iOS platforms by IGG Software and debuted in 2003 as a Mac desktop software.. History. Hi Ian, Hi Barry, you’d need to subscribe for at least one year, but then if you choose not to renew the app will keep working as you describe as “offline mode”. Hello: ... Is this widespread among all Banktivity 7 users, all users including Banktivity 8 or is this just a ploy to get B7 users to upgrade? If you are upgrading from a previous version to the new Banktivity, any Direct Access time you have can be transferred. I won't pay for IEX crap service which only patchily updates stocks with yesterday's prices, and has no support at all for mutual funds. See description below. It's good to see that they're planning to maintain the software. Direct Access keeps Banktivity safe, secure, and 100% ad-free. Yahoo doesn’t even have a stock quote API for developers anymore. To get a sense of how the new Banktivity looks on Big Sur, check out this screenshot: Banktivity 8 on Big Sur with new sidebar and toolbar Financial goals. Alternatives to Banktivity for iPhone, Web, Android, Windows, Mac and more. Am I right in thinking, from your comments above, that version 8 without a subscription would be the best solution for me? What’s New. 3 3. Banktivity makes it easy to improve your saving habits. And to get what I have now, I have to pay $25 more. Because I don't care about Direct Access, I don't use multi-currency, their Savings Goal feature is lousy and there's not much else added. I like the software and want it to survive, but I would need the $60/year tier and that’s getting a bit ridiculous. If you already have a Direct Access subscription with one of our previous versions, you can MOVE IT, prorated, to the new system. At IGG Software, we pride ourselves on providing first-class customer service via our website and live chat. 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