Monarch was the app that gained most when Mint closed. It does what Mint did, gathering your accounts into one place, then adds what Mint never managed: a household view that two people can share, proper investment tracking and a budget that bends around real life. The company says it passed one million members in March 2026.
It also costs money, with no free plan at all. Here is our Monarch Money review: what you get for $99.99 a year, what the new Plus tier adds, and who is better off with YNAB or Rocket Money.
Monarch Promo Code: WELCOME
Offer: 30% off the first year of the annual Core plan, for new users
Our verdict
Monarch is the best budgeting app in the US for couples and families, and the most complete all-in-one view of your money we have looked at. Free partner sharing, wide account syncing and clean reports make the $99.99 annual price easy to justify. It is less strict than YNAB, so people who need a method to stop overspending may get more from YNAB, and it has no free tier for anyone who just wants to look around.
Monarch at a glance
- Company: Monarch Money, Inc.; founded 2018; fully remote, US
- Price: Core $14.99 a month or $99.99 a year
- Promo Code: WELCOME, 30% off the first year of annual Core for new users
- Free trial: first week free
- Guarantee: money-back guarantee; cancel any time
- Free plan: none
- Platforms: iPhone, Android, web
- Connections: 13,000+ institutions via several data providers
- Ratings: App Store (US) 4.9 from 78K ratings
Pros
- Invite a partner at no extra cost
- Budgets, cash flow, net worth, investments and recurring charges together
- Wide account coverage through more than one data provider
- No ads; paid for by subscriptions
- Money-back guarantee
Cons
- No free plan
- Plus tier is annual only and desktop only for now
- Bank connections can still break, as with every aggregator
- Less behavior-changing than YNAB’s method
What Monarch does
Monarch links your checking, savings, credit card, loan and investment accounts and keeps them in sync. On top of that it gives you:
- Transactions: one searchable list, with a “reviewed” status so you can check each one off
- Budgets: category budgets that you can adjust as the month unfolds
- Cash flow: income against spending over time
- Recurring: automatic detection of subscriptions and regular bills
- Net worth: assets and debts tracked over time
- Goals: saving targets linked to your cash flow
- Reports: customizable charts
Monarch says it pulls data from “multiple financial data providers” covering more than 13,000 institutions. That matters because when one provider’s connection to your bank fails, Monarch can sometimes switch to another.
Monarch for couples and households
This is where Monarch beats nearly everything else. You can invite a partner, and the collaboration costs nothing extra. Each of you logs in separately and links your own accounts, and both of you see the combined household picture, with budgets you can manage together. You can also give access to a financial adviser.
For couples who split some money and pool the rest, that shared but separate setup is far easier than passing one login around.
Monarch price, Plus and the Promo Code
Core is the standard plan: $14.99 a month or $99.99 a year, which works out at about $8.33 a month on the annual plan. The first week is free, and Monarch offers a money-back guarantee if it is not for you.
Promo Code WELCOME: on October 29, 2026, Monarch’s pricing page showed 30% off the first year of the annual Core plan for new users with the Promo Code WELCOME. That brings the first year to about $70.
Plus is a newer tier for more complicated finances. It adds:
- Forecasting of net worth and cash flow, including scenarios such as buying a home or changing jobs
- Business tracking to keep side-hustle or rental money separate
- Advanced investment analysis, with gains and losses by cost basis and fund breakdowns using Morningstar data
- Estate planning through Trust & Will, including a complimentary couple’s will Monarch values at $299
Plus is billed annually only, is currently desktop only, and is not sold through the App Store or Google Play. It has a 7-day free trial, and existing Core members who pay Monarch directly get a discount applied automatically at checkout when they upgrade.
Is Monarch safe?
Monarch connects to banks through established data providers and says it does not see or store your bank login details. It says all data is encrypted at rest and in transit, and it offers two-factor authentication on your Monarch account. It carries no ads and says it is funded by member subscriptions, so it is not paid to push card or loan offers at you. As with any finance app, switch it on.
What we liked
The partner sharing is the best of any app we compared, and it is free. Couples who have tried to share one Mint login will appreciate the difference immediately.
The breadth is impressive: budgeting, investments and net worth in one tidy app means you can stop checking five different logins. Having more than one data provider behind the scenes is a smart answer to the most common complaint about budgeting apps, broken connections.
And the business model is clean. No ads and no sponsored offers make the advice feel like advice.
What we did not like
No free plan means you cannot test Monarch beyond the first week. Link your main accounts during that week to make sure they sync properly before you pay for a year.
The best new features are in Plus, which is annual only and desktop only, so phone-first users miss out for now.
Monarch is also gentler than YNAB. It shows you where money went and lets you set budgets, but it does not force you to give every dollar a job before you spend it, which is what some overspenders need.
How Monarch compares
Monarch vs YNAB: YNAB costs $109 a year and uses a strict zero-based method that is better at changing habits; Monarch is cheaper, shows investments and net worth more fully, and is easier for two people to share. Read our YNAB review.
Monarch vs Rocket Money: Rocket Money has a free plan and will cancel subscriptions and negotiate bills for you, but its budgeting is lighter. See our Rocket Money review.
Monarch vs Copilot: Copilot is the slicker app on iPhone and Mac, but it has no Android app, while Monarch covers iPhone, Android and the web and makes sharing with a partner simple.
Who should use Monarch
Monarch suits couples and families, anyone with investments and several accounts to track, and former Mint users who want the same overview done better. If you need strict rules to stop overspending, try YNAB first; if you mainly want to cut subscriptions, start with Rocket Money’s free plan.
Monarch Money FAQs
How much does Monarch Money cost?
The Core plan costs $14.99 a month or $99.99 a year, with the first week free. The Promo Code WELCOME took 30% off the first annual year for new users on October 29, 2026.
Does Monarch Money have a free version?
No. There is no free plan, only a free first week and a money-back guarantee.
Can I share Monarch with my partner?
Yes, at no extra cost. Your partner gets their own login, links their own accounts, and you both see a combined view and shared budgets.
What does Monarch Plus add?
Forecasting, business tracking, advanced investment analysis and estate planning through Trust & Will. It is billed annually and currently works on desktop only.
Is Monarch a good Mint replacement?
For most former Mint users, yes. It covers Mint’s account syncing, spending and net worth tracking, and adds budgets that two people can share and better investment tracking, though unlike Mint it charges a subscription.
