Really, across the board there has been an increasing monetization of data. Reviewed on 8/8/18 2:46 PM. Listen, Banktivity is not all that great, even though the customer service is really good. I can’t say the same will be true once they go down the subscription path. 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). What’s New. After 30 days, your credit card will be billed based on the selected tier (bronze, silver or gold). See description below. Banktivity review: at a glance Unlike Quicken, which recently switched to a subscription model, Banktivity is still a one-time purchase and download. The gold tier is $99.99 USD a year (or a little over $8 a month). Normally, you'd have to pay $69.99 to purchase Banktivity 7. This subreddit is the place to discuss the award winning personal finance app, Banktivity. I have never written an App store review If you need help, please follow each of these steps to resolve your issue. Review the features below to see if Banktivity 7 is the right money management software for your Mac. Click here to use our alternative subscription form. This is not the right place to ask in-depth technical support questions. 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. Hi John, thanks for the comments. This costs $5.99 for 30 days, $13.99 for 90 days or $44.99 for one year. The app will keep working and you’ll get updates, free. We do backup our data often. Compared to what some of our competitors offer, we think our new subscription is a great value. We didn’t arrive at these changes overnight. 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. Next, enter your SchoolsOnline credentials and select the “Sign In” button. The blog post talks nice about more frequent updates, but given the track record so far, I'll believe it when I see it. Banktivity 7 is doing everything we need at the moment. 30 Aug 2019. I switched from Quicken to iBank in the day because Quicken for Mac sucked, the “good” Quicken required me to run a Windows VM on my Mac, and I couldn’t enter receipts on my iPhone to save me time and worry about lost receipts. Similar to fantastical. UGH. My thoughts too as a European customer. OFX/Direct Connect is no longer an available option. Additionally, services which we’ve maintained for years, like our cloud sync server, are more expensive to operate now because of increased security threats. If you already have a Direct Access subscription with one of our previous versions, you can MOVE IT, prorated, to the new system. 472 Comments. New features and bug fixes will be rolled out in updates. 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. 7. 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 … 56 Schwab requires Direct Access. Close. I’m not sure it’s “site unseen.” It looks like they will have a free trial. For years we’ve been thinking about ways to deliver more updates to customers in less time. They'll need to fix all the well known bugs and shortcomings to ensure that people keep paying the subs. Back in the old days, there were many online services that were free and we were able to piggy back on these. We used Direct accesses when it used to work in Europe. You won’t get connected services or tech support, though. Further, we want to be around for many more years to come. Banktivity eases the process of combining checks, savings, credit cards, investment and other accounts. 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). I tried Quicken for ~9 months and it was genuinely a horrible experience, even ignoring all of the time required to migrate/recreate only a couple of years of historical data. You will need to start a subscription in Banktivity 8 first. 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. Banktivity is a subscription model so there is no need to purchase upgrades. 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 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. But it’s confusing to have to buy two different apps and one subscription and understand how it all works. Changed from Quicken star star star star star_border. 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. An honest mailing list, opt-in or out at anytime. Don’t gouge your loyal base. Bankitivity 8 Subscription. If you are upgrading from a previous version to the new Banktivity, any Direct Access time you have can be transferred. Feel like I've been stabbed by someone I've supported for a long time. 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 decide to cancel (hey we get it, it happens, no hard feelings!) B8 subscription price in perspective. The New Banktivity went live a little more than a month ago and we’ve already released five updates on Mac and iOS. Version History. Banktitvity enables users to categorize transactions regardless of whether they input the transactions manually or use the built-in bank connectivity options. I like the look of the new version. Reviewed on 9/14/18 6:32 PM. And to get what I have now, I have to pay $25 more. 28 July 2020. 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. But it’s not the quicken monopoly and it’s just for Mac, and that’s why I came here. He comes to the field of technology purely out of personal passion, and has been writing Mac software for over a decade. Only time will tell. Worst case scenario, excel / google sheets will have to do, though that’s not as practical. That is you can still add accounts and transactions, manage your budget, create and edit reports and so on. Version 7.2.3. To transfer your Direct Access time towards your Banktivity 8 subscription you can go to File> Subscription> View My Subscription. No way am I upgrading to B8. The difficulty for IGG with a subscription model is that they really have to offer a very, very good product to justify the subscription. Required fields are marked *. The software offers a 90-day risk-free trial. 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. 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. A California native, Ian's academic background was in biology, botany and environmental studies. Many companies today take a very unpalatable stance on data access. Banktivity enable users to analyze, synchronize, and integrate bank accounts. 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. Your email address will not be published. Banktivity gives you the tools to track the value of yo… https://t.co/UnNrLiTZaz. The new Banktivity fully adopts this new look and feel. Gold is our premium tier. 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. We will be offering three different pricing tiers to better accommodate our customers’ needs. I held my nose and bought it because it wasn’t Quicken. This is basically why we offer this unconventional piece to our subscription. 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. Today I’m writing with some big news: this fall we are switching to a new pricing model. What can you read then about currency pricing, stock pricing etc etc. So where is the customer-centric vision in that? 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. The updates haven’t been spectacular & the investments side hasn’t been improved. 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’ve happily paid for the app despite many features not being available to me. 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? We know there are customers out there don’t use our connected services and don’t need our technical support. I didn't intend to renew when my Direct Access subscription expires for this reason, though I was not opposed to purchasing yet another "major" version update to support software development. Yes, you will be able to subscribe through Apple’s ecosystem or buy from us. 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. That's really the big question for me. Since it stopped working, everything has been manual for us. Going years between big releases isn’t really good for customers or us.  |  And Gold at $100 a year is even a worse value.   There are two main reasons for switching to our subscription model. Post tips and tricks, ask questions about features, and discuss budgeting and finance strategies. We understand that some customers might wince at the sound of subscriptions. Those are better directed to the makers of Banktivity. Banktivity 7 is the newest Banktivity release from IGG Software. We want all of those too and our new subscription model helps us get there. Banktivity's built-in browser … We are happy to bring you another update to improve Banktivity. Curious, what are the promises they haven’t lived up to? The next tier up is Silver and includes everything in Bronze plus support for tracking investments, mortgages and loans, real estate and more. There have been a total of 7 releases for the desktop version since its inception. We get that! You will still get the same great support no matter which channel you choose! For example, Yahoo’s stock quote service used to be free, disk space was often free and so on. Press J to jump to the feed. He lives in Oregon with his wife and their two sons. I would happily pay the sub - as long as there is full connectivity - ie Open Banking support and support for live stock prices. FF about 9 years, and I subscribe to Direct Access to help save entries and keep track of the various accounts and investments. I don’t really know what other solutions worth trying are out there. 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! 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. The gold tier also allows you to download currency exchange rates. For those under these conditions, then buy the subscription once and be done. 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. Their support of B6 and B7 has been lackluster at best, and DA is a joke. Our approach is fundamentally different than many of the subscriptions out there. Filter by license to discover only free or Open Source alternatives. The maintenance of 7 has been underwhelming. 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. Once you've purchased Banktivity 7, you can install the app for totally free. Heck, even the header at the top of this page (using classic reddit) is still advertising "Banktivity 6 is here" ... seems fitting. Over this same period, IGG Software Inc. also released iOS versions for the iPhone (2009), the iPad (2012), and Apple Watch. We can survive with manually tracking our finances in the app. Frustrating — wait. We love our customers, without you, we wouldn’t be where we are today. The new Banktivity app uses an entirely new subscription system. 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. We allow customers to convert their remaining Direct Access time to the new system. Starting to like star star star star star_border. Given our customers’ diversity, we knew a one-size-fits-all pricing wouldn’t work for our subscription. I started off with iBank and have been a Bantivity Customer for a while. Second, a lot has changed since we first started offering connected services. I'm doing manual data entry for 2 of my 4 supported accounts — which is really 2 of my __ active accounts. Older users may know Banktivity as iBank, but it was switched from iBank to its new name in 2016. I like the software and want it to survive, but I would need the $60/year tier and that’s getting a bit ridiculous. 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. 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). Why not keep it at the same version and add a premium subscription for new features. 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. Ian Gillespie Give Toshl a try, you might be able to download transaction from your bank. 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