Wise is the better app overall, scoring 8.7 to 8.4. Wise wins on 3 of the 5 scores, VaultFlow on 2.
Travelers, expats and freelancers who send or receive money across borders
Budgeters who want a free, private app and don't mind importing statements
Score by score
The details
| Feature | Wise | VaultFlow |
|---|---|---|
| Category | Money & Investing | Money & Investing |
| Category rank | #4 of 10 | #7 of 10 |
| Developer | Wise plc | The Big Head |
| Pricing | Free | Free |
| Usable for free | Yes | Yes |
| iPhone & iPad | ✓ | ✓ |
| Android | ✓ | — |
| Web | ✓ | — |
Strengths and weaknesses
Wise
- Fees and exchange rate shown before you send
- Hold and convert dozens of currencies
- Fast transfers on most popular routes
- Not a bank, so it lacks loans and overdrafts
- Card and account features vary by country
Wise is the easiest way to move money across borders without losing a chunk to poor exchange rates. It uses the mid-market rate and shows its fee upfront, so you know exactly what arrives. The multi-currency account and debit card make travel and freelancing simpler. It is not a bank, though, and fees on large or unusual currency routes can add up.
Full Wise review
VaultFlow
- No bank login and no subscription
- Bills, budgets and net worth in one place
- Export everything as a spreadsheet any time
- No automatic transaction sync
- Apple devices only, with no web or Android app
VaultFlow covers spending, bills and net worth in four simple screens, and it does it without asking for your bank password. You import your bank's statement file instead, and duplicates are skipped. Bills remind you before they are due, and the wealth view tracks accounts, cards, investments, property and loans. It needs more manual effort than Monarch, but it costs nothing and keeps your data on your device.
Full VaultFlow review
