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Personal Finance · head to head

MoneyWiz vs Skrill

M

MoneyWiz

Personal Finance

Simple and powerful personal finance app

From
Free
Rated
-
Full reviewWebsite
Skrill logo

Skrill

Personal Finance

Fast and secure money transfer

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: MoneyWiz there is no free tier; every plan requires a subscription; Skrill a currency conversion fee of 4.49 percent applies to most conversions
  • They diverge on capability: MoneyWiz covers Expense tracking, Skrill covers Money transfers.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which MoneyWiz and Skrill actually diverge.

Attributes where MoneyWiz and Skrill differ
AttributeMoneyWizSkrill
Pricing modelfreemiumtransaction
Founded20112001

Identical on both: starting price (Free), free tier (Yes), platforms (Web, IOS, Android), user rating (Not yet rated), category (Personal Finance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in MoneyWiz

  • Expense tracking
  • Budget management
  • Multi-currency support
  • Financial analytics

Only in Skrill

  • Money transfers
  • Digital wallet
  • Currency conversion
  • Prepaid card

Both cover

  • Bank accounts
  • Credit cards
  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

MoneyWiz

  • Tracking personal accounts, budgets and bills across iOS, macOS, Windows and Androidnot Skrill
  • Syncing one finance database across multiple devices through MoneyWiz Cloudnot Skrill
  • Automatically importing transactions through bank syncnot Skrill

Skrill

  • Sending money internationally from a prepaid digital walletnot MoneyWiz
  • Funding and withdrawing from online merchants and gaming sitesnot MoneyWiz
  • Buying and selling cryptocurrency inside a wallet accountnot MoneyWiz

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MoneyWiz

  • There is no free tier; every plan requires a subscription
  • Bank sync with over 40,000 banks is Premium only, at 59.99 USD a year or 5.99 USD a month
  • The Standard plan at 29.99 USD a year provides only cloud sync between devices, with no bank sync
  • Subscriptions cap usage at 15 devices and two MoneyWiz Cloud accounts
  • Priority support is restricted to the Premium tier

Skrill

  • A currency conversion fee of 4.49 percent applies to most conversions
  • An inactivity fee of EUR 5.00 is deducted monthly after six months with no login or transaction
  • Card deposits carry a 2.50 percent fee
  • SWIFT bank withdrawals cost 2.80 percent with a minimum fee of EUR 3.5
  • Skrill to Skrill transfers cost 2.99 percent with a EUR 0.50 minimum on standard accounts, reduced to 1.45 percent only for True Skriller accounts
  • Crypto trading fees are tiered by VIP status, from 1.50 percent standard down to 1.30 percent at Gold and Diamond VIP

Pricing, plan by plan

MoneyWiz

Free
  • FreeFree
    • Basic expense tracking
    • Multiple accounts
  • Premium$4.99/month
    • Advanced analytics
    • Budget forecasting
    • Custom categories

Skrill

Free
  • Free AccountFree
    • Money transfers
    • Digital wallet
  • Premier Account$undefined/month
    • Higher limits
    • Special rates

Which should you pick?

Choose MoneyWiz if

  • You need expense tracking.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want budget management.
MoneyWiz review

Choose Skrill if

  • You need money transfers.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want digital wallet.
Skrill review

Questions people ask

Is MoneyWiz or Skrill better?
Neither clearly leads. MoneyWiz starts at Free and Skrill at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MoneyWiz or Skrill?
MoneyWiz starts at Free and Skrill at Free.
Does MoneyWiz or Skrill run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
Can I use MoneyWiz for free?
Both have a free tier, so you can try either at no cost before committing.
What is MoneyWiz best used for?
MoneyWiz is most often used for tracking personal accounts, budgets and bills across ios, macos, windows and android, syncing one finance database across multiple devices through moneywiz cloud, automatically importing transactions through bank sync. Of those, tracking personal accounts, budgets and bills across ios, macos, windows and android and syncing one finance database across multiple devices through moneywiz cloud are not what Skrill is typically brought in for.
What can MoneyWiz do that Skrill cannot?
MoneyWiz covers Expense tracking, Budget management, Multi-currency support, Financial analytics. Skrill covers Money transfers, Digital wallet, Currency conversion, Prepaid card. Both handle Bank accounts, Credit cards, Web support, IOS support.

Answered from the vendors’ own pages

Skrill: Is Skrill free to use?

Skrill operates on a freemium model. The digital wallet is free to open and use for basic features. The site refers to a fees page where transfer, conversion, and service fees are disclosed.

Source
Skrill: What are Skrill's fees for transfers and conversions?

Skrill lists transfer, conversion, and service fees but does not display the specific amounts on the homepage. Detailed fee structures are available on Skrill's dedicated fees page at /en/siteinformation/fees/.

Source
Skrill: What services does Skrill offer?

Skrill provides international money transfers, online payment processing, cryptocurrency buying and selling, loyalty rewards through the Knect points program, and a mobile app. These services are included in the free account.

Source
Skrill: Is Skrill regulated?

Yes. Skrill Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for issuing electronic money and payment instruments. It is also registered with the FCA as a cryptoasset firm.

Source
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