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We know there are customers out there don’t use our connected services and don’t need our technical support. Close. A California native, Ian's academic background was in biology, botany and environmental studies. Why not keep it at the same version and add a premium subscription for new features. Banktivity eases the process of combining checks, savings, credit cards, investment and other accounts. Today I’m writing with some big news: this fall we are switching to a new pricing model. 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. This is basically why we offer this unconventional piece to our subscription. 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. I’m curious to see what the best route will be for us once they release the subscription model. I started off with iBank and have been a Bantivity Customer for a while. I don’t mind the subscription model as long as I see two good updates pa. Banktitvity enables users to categorize transactions regardless of whether they input the transactions manually or use the built-in bank connectivity options. 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. 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. No way am I upgrading to B8. I won’t allow myself to be fooled a third time. (Note: >270 days between this developer blog post and the last one. A single subscription can be shared with Banktivity 5 for Mac and Banktivity for iPad (apps sold separately). So I paid. When I booted it up and had everything working I noticed that Banktivity required a subscription now! Wow, that's super disappointing. [Pre-recorded webinar] For those under these conditions, then buy the subscription once and be done. 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. Our Silver tier is $69.99 USD a year (or less than $6 a month). 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. Banktivity 5 is a personal finance manager for Mac and iOS. Alternatives to Banktivity for iPhone, Web, Android, Windows, Mac and more. Last, we wanted to do all of this while still offering a tremendous value to customers with the right spirit. Honestly, I haven’t been impressed with the updates that are seldomly released. It’s a really good deal! He's also an avid birdwatcher, a soccer player, fiddler and an organic gardener. I tried quicken for about a day but all my data is in Banktivity, the new interface is slick, and dammit, I'm lazy. 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. 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. You will still get the same great support no matter which channel you choose! This subreddit is the place to discuss the award winning personal finance app, Banktivity. 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. You will see a screen indicating that Banktivity is searching and attempting to connect to details of your account. I bought 7, not because it offered anything I needed, but because I wanted to support software I liked. Reviewed on 8/8/18 2:46 PM. Going years between big releases isn’t really good for customers or us. If you need help, please follow each of these steps to resolve your issue. Save my name, email, and website in this browser for the next time I comment. Banktivity has always been a great app to see all of your finances in one place, to answer questions about spending, investing and taxes. I was curious, so I just checked (in iBank) when I first purchased, and it was 2011, and several updates purchased along the way. you can continue to use Banktivity in basic mode. Press J to jump to the feed. Direct Access keeps Banktivity safe, secure, and 100% ad-free. . 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 . Banktivity 7 is the newest Banktivity release from IGG Software. This way our customers that want to move to our new subscription don’t have to leave unused time on our old system. I don’t really know what other solutions worth trying are out there. Quicken is dangling a $46.79 price for more offerings than your $69.00 price. This list contains a total of 25+ apps similar to Banktivity. Take Banktivity for a spin and see if you like it. We don’t use the iPhone app at all so we don’t care about the sync capabilities. When it comes to managing financial data, you don’t want a company that has a “set and forget” mentality. 14 472 Comments. Sounds like I will have to look for a different banking app. 56 Schwab requires Direct Access. Visual Studio subscriptions come with different set of benefits depending on the subscription type and level. Conversely, Banktivity 7 is still a one-time purchase and costs just $69.99 (with an additional yearly charge of $44.99 if you want the Direct Access synchronization feature). Banktivity is a subscription model so there is no need to purchase upgrades. I’ve happily paid for the app despite many features not being available to me. 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. We take security and privacy seriously, even if it demands more resources from us. OFX/Direct Connect is no longer an available option. That's really the big question for me. I like the software and want it to survive, but I would need the $60/year tier and that’s getting a bit ridiculous. I understand these guys need to get paid, but man, this is a bit steep. But I hope they will pleasantly surprise us. 28 July 2020. 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. At IGG Software, we pride ourselves on providing first-class customer service via our website and live chat. See description below. 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. I'm really sad now. Listen, Banktivity is not all that great, even though the customer service is really good. 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! They'll need to fix all the well known bugs and shortcomings to ensure that people keep paying the subs. You can try the new Banktivity 8 apps for free for 30 days. Nothing about them is changing now, but they will no longer be developed and support will eventually be phased out. The new Banktivity app uses an entirely new subscription system. The difficulty for IGG with a subscription model is that they really have to offer a very, very good product to justify the subscription. 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; What can you read then about currency pricing, stock pricing etc etc. but I don't want B7 rebadged into a sub model (sadly this has been the trend with many other products for the Mac). New features and bug fixes will be rolled out in updates. Yes! 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 … Frustrating — wait. First, we want to work on things that make you, our customer, happy. There are two main reasons for switching to our subscription model. 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. Please don’t do this! You can continue to stay on your current version of Banktivity if it is working for you. There is a dedicated place to see your current annual savings rate compared to last year. The blog post talks nice about more frequent updates, but given the track record so far, I'll believe it when I see it. I find it hard to believe that this will change when Banktivity switches to be subscription software. Banktivity makes it easy to improve your saving habits. This means with a cancelled/expired subscription, Direct Access, stock quote download and such will stop working. 3 3. Click here to use our alternative subscription form. viable alternative to Quicken 2018 for Mac owners who want to get a better grip on their finances 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 new Banktivity fully adopts this new look and feel. twtmd's Review of Banktivity Ipad. 24922:)'s Review of Banktivity. 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. Similarly, our technical support will only be available to people with active subscriptions. But it’s not the quicken monopoly and it’s just for Mac, and that’s why I came here. Bankitivity 8 Subscription. You won’t get connected services or tech support, though. I’m not sure it’s “site unseen.” It looks like they will have a free trial. We get that! We understand that some customers might wince at the sound of subscriptions. Why? Your email address will not be published. But times have changed. Javascript is required to use the form above. (0) 5. ronnie-marais. 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. 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. Further, we want to be around for many more years to come. ), "Direct Access" is only 50% usable for me. That is you can still add accounts and transactions, manage your budget, create and edit reports and so on. *An optional subscription to Direct Access, Banktivity's exclusive connectivity option, automatically updates your account data from over 10,000 financial institutions worldwide. After 30 days, your credit card will be billed based on the selected tier (bronze, silver or gold). 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. Back in the old days, there were many online services that were free and we were able to piggy back on these. Many companies today take a very unpalatable stance on data access. There seem to be no good alternatives. I’m a relatively new banktivity user, who switched to B7 from YNAB specifically to avoid subscriptions. A subscription would therefore add little of value to me as a customer. Yes, you will be able to subscribe through Apple’s ecosystem or buy from us. We want all of those too and our new subscription model helps us get there.  |  You will then see your security question populate. This is not flawless software you’re selling. 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). 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. 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. For example, Yahoo’s stock quote service used to be free, disk space was often free and so on. To transfer your Direct Access time towards your Banktivity 8 subscription you can go to File> Subscription> View My Subscription. Their support of B6 and B7 has been lackluster at best, and DA is a joke.   The maintenance of 7 has been underwhelming. Connect all of your accounts in one place and star Required fields are marked *. 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 … If you are upgrading from a previous version to the new Banktivity, any Direct Access time you have can be transferred. Banktivity 7 is doing everything we need at the moment. We didn’t arrive at these changes overnight. We are happy to bring you another update to improve Banktivity. If 8 is just a tarted up and more expensive 7, then I will have no incentive to change. 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? Version 7.2.3. He comes to the field of technology purely out of personal passion, and has been writing Mac software for over a decade. This new model will coincide with the release of Banktivity 8 for Mac, iPhone and iPad. It appears that after you buy it once, it keeps working without the online stuff. Unlike Quicken, which recently switched to a subscription model, Banktivity is still a one-time purchase and download. 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. 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. Get up and running with Banktivity in less than fifteen minutes. We love our customers, without you, we wouldn’t be where we are today. I have never written an App store review Don’t gouge your loyal base. We used Direct accesses when it used to work in Europe. In addition to this being confusing, it never feels good to have to buy so much to go “all in” on personal finance software. (It used to cost $9.99.) The New Banktivity went live a little more than a month ago and we’ve already released five updates on Mac and iOS. Our approach is fundamentally different than many of the subscriptions out there. Our lowest priced tier is called Bronze and will cost $49.99 USD a year (that’s a little more than $4 a month). 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). It includes everything in Bronze and Silver plus support for setting up and tracking accounts in different currencies and check printing. If you already have a Direct Access subscription with one of our previous versions, you can MOVE IT, prorated, to the new system. Account for an ongoing subscription means with a cancelled/expired subscription, we knew a one-size-fits-all pricing wouldn ’ t have... Release the subscription type and level written an app store review * connection! You buy it once, it keeps working without the online stuff attempting connect... Use for the desktop version since its inception and home prices ( us homes only ) and a full of... Customer, happy people with active banktivity 8 subscription combining checks, savings, credit cards, investment and other.... 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