Software · head to head
Simplifi vs Banktivity
The short version
- Each has a real cost: Simplifi there is no free tier at all; Banktivity runs on macOS, iPhone and iPad only, with no Windows, Android or web version
- They diverge on capability: Simplifi covers Budget tracking, Banktivity covers Account tracking.
Where they differ
Only the attributes on which Simplifi and Banktivity actually diverge.
| Attribute | Simplifi | Banktivity |
|---|---|---|
| Platforms | Web, IOS, Android | Mac, IOS |
| Founded | 2020 | 2007 |
Identical on both: starting price (On request), pricing model (subscription), free tier (No), user rating (Not yet rated), category (Unknown).
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 Simplifi
- Budget tracking
- Spending analysis
- Goal tracking
- Cash flow insights
- Credit cards
- Web support
- Android support
Only in Banktivity
- Account tracking
- Bill management
- Investment tracking
- Budget forecasting
- Investment accounts
- Mac support
Both cover
- Bank accounts
- IOS support
What people use each for
The jobs each tool is most often brought in to do.
Simplifi
- Personal budgeting with automatic bank transaction importnot Banktivity
- Tracking spending, savings goals and net worth in one placenot Banktivity
Banktivity
- Personal budgeting and money management on a Macnot Simplifi
- Investment and net worth trackingnot Simplifi
- Retirement planning projectionsnot Simplifi
- Connecting to over 14,000 financial institutionsnot Simplifi
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Simplifi
- There is no free tier at all
- The advertised $3.99 a month requires annual billing, against $6.99 paying monthly
- The subscription auto renews yearly at the then current price, which the terms state is subject to change rather than fixed
Banktivity
- Runs on macOS, iPhone and iPad only, with no Windows, Android or web version
- Pricing is not shown on the product page and sits behind a separate plans page
Pricing, plan by plan
Simplifi
On request- Monthly$5.99/month
- Budget tracking
- Spending insights
- Goal setting
- Annual$59.99/month
- All monthly features
- Discounted rate
Banktivity
On request- Monthly$4.99/month
- Full feature access
- Cloud sync
- Annual$39.99/month
- All monthly features
- Discounted rate
Which should you pick?
Choose Simplifi if
- You need budget tracking.
- You work on Web, IOS, Android.
- You also want spending analysis.
Choose Banktivity if
- You need account tracking.
- You work on Mac, IOS.
- You also want bill management.
Questions people ask
- Is Simplifi or Banktivity better?
- Neither clearly leads. Simplifi starts at On request and Banktivity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Simplifi or Banktivity?
- Simplifi starts at On request and Banktivity at On request.
- Does Simplifi or Banktivity run on more platforms?
- Simplifi runs on Web, IOS, Android. Banktivity runs on Mac, IOS.
- What is Simplifi best used for?
- Simplifi is most often used for personal budgeting with automatic bank transaction import, tracking spending, savings goals and net worth in one place. Of those, personal budgeting with automatic bank transaction import and tracking spending, savings goals and net worth in one place are not what Banktivity is typically brought in for.
- What can Simplifi do that Banktivity cannot?
- Simplifi covers Budget tracking, Spending analysis, Goal tracking, Cash flow insights. Banktivity covers Account tracking, Bill management, Investment tracking, Budget forecasting. Both handle Bank accounts, IOS support.