Which Banking Apps Are The Best?

The proliferation of apps is a godsend for getting financially organized. There is an app for your every banking need. While that variety is great for consumers, it can also be confusing. With so many choices, it is hard to know what to download. Clear the clutter with these five apps that will help you bank better.


This uber-popular app has it all. It is simple and easy to use. Anyone can learn it. The app offers an impressive budgeting tool and financial overview. Just link your bank account and start monitoring your cash flow. Mint helps you stay on top of your monthly expenses by sending bill reminders. You can also plan for the future by setting savings goals and keeping track of your credit score. Best of all it is free.


You are probably already familiar with this financial giant. For nearly two decades, PayPal has allowed users to transfer money digitally, making it way ahead of its time. All the big payment apps that came after owe something to this one. The platform is still among the best. It is efficient and intuitive. Once you create a profile and link your bank account, you can start sending and receiving money globally. For an extra fee, you can also use credit cards and convert currencies.


Another great budgeting app. Connect to your bank account and get control of your spending. Transactions are automatically categorized so you can see exactly where your money is going. You even get visuals that illustrate your income and expenses. Like Mint, Spendee sends bill reminders. What sets it apart is its shared budgeting feature. If you co-manage expenses, you can link your digital wallet with others so you can continue to do so on your mobile device.


This PayPal-owned app is a big hit with Millennials who want to split payments and settle debts. Venmo is ideal for transactions among families and friends. True to the era, the service is also social. You have a feed where you can see friends’ transactions and comment on them. You can also leave notes for recipients when you send funds.

You Need a Budget (YNAB)

This acclaimed app is perfect for all levels of fiscal ability. Get nitpicky about budgeting with YNAB as you allot a job for every dollar to do. This exercise in mindful spending will help you develop financial discipline. The app also offers educational tools and lets you link with other users. You can join the community and feel less alone on your financial journey. Unlike Mint, there is a fee for YNAB, though you can try it for free first.