When Mint shut down in January 2024, thousands and thousands of customers have been pressured to discover a new budgeting app — and the sphere has shortly consolidated round two leaders: Rocket Cash and Monarch Cash. Each promise to exchange Mint. Neither is strictly Mint. And relying on whether or not you care extra about reducing subscription waste or detailed long-term planning, the proper reply for you can be very completely different.
On this information, we evaluate Rocket Cash and Monarch Cash head-to-head throughout pricing, budgeting fashion, funding monitoring, subscription administration, invoice negotiation, safety, and person expertise. We’ll additionally briefly cowl three shut alternate options — YNAB, Simplifi, and Copilot — so you may choose the proper device in your scenario, not simply the most well-liked one.
RATING: ★ ★ ★ ★ ★
Finest Function / Promotion:
Common person saves over $700+ by cancelling unused subscriptions with ease; 7 day free trial to Premium.
Get the app and begin saving $$$
Safety:
236-bit encryption; MFA
Variety of Customers:
10+ Million
Advantages:
✅ View all of your funds in a single locations
✅ Get monetary savings on payments & unused subscriptions
✅ Create budgets, construct financial savings
✅ Observe your web price, credit score rating and financial savings targets
The brief model: Rocket Cash is your best option for individuals who need hands-off assist canceling undesirable subscriptions and decreasing payments. Monarch Cash is your best option for households severe about long-term monetary planning, particularly {couples} managing cash collectively. Each corporations affirm the core function variations on their very own comparability pages — see Rocket Cash’s comparability web page for his or her take.
| 🚀 Rocket Cash | 👑 Monarch Cash | |
|---|---|---|
| Finest For | Subscription cancellation & invoice negotiation | {Couples}, detail-heavy planners, funding monitoring |
| Free Plan | ✅ Sure | ❌ No (7-day trial) |
| Paid Pricing | $7–$14/month (pay-what-you-want) | $14.99/mo or $99.99/yr |
| Subscription Cancellation | ✅ One-tap cancellation | ❌ Monitoring solely |
| Invoice Negotiation | ✅ 35–60% of first-year financial savings | ❌ Not supplied |
| Funding Monitoring | Primary | Detailed (high of class) |
| Joint Family | Restricted | ✅ Designed for {couples} |
| Budgeting Model | “Secure to spend” + classes | Flex Budgeting (fastened/flex/non-monthly) |
Rocket Cash vs Monarch Cash: The Fast Verdict
Skip the remainder of the article for those who simply need the reply:
- Choose Rocket Cash if you’d like a free app that routinely finds your forgotten subscriptions, cancels them with one faucet, and presents to barter down your cellphone, web, and insurance coverage payments.
- Choose Monarch Cash if you’d like a complete monetary planning device that handles complicated households (joint accounts, a number of funding accounts, long-term targets) and also you’re OK paying $99/yr for it.
Now let’s go deeper.
Pricing: Rocket Cash vs Monarch Cash
Rocket Cash Pricing
Rocket Cash has a free plan that provides you account aggregation, fundamental budgeting, web price monitoring, and subscription identification. A lot of the killer options (one-tap cancellation, invoice negotiation, premium chat assist, superior credit score monitoring, and the good financial savings auto-saving function) are gated behind Rocket Cash Premium.
Premium makes use of a “pay what you need” mannequin from $7 to $14 per 30 days when paid yearly. Behaviorally this nudges most customers to the center of the vary (~$10/mo).
Monarch Cash Pricing
Monarch is subscription-only — no free tier. Pricing is flat:
- $14.99/month billed month-to-month
- $99.99/yr ($8.33/month equal)
- 7-day free trial with no cost for those who cancel through the trial
The annual plan is the apparent selection and contains limitless family members at no further price — a significant differentiator for {couples}.
Advantages
- Join 11,000+ banks, bank cards & funding accounts in a single place
- Web price dashboard monitoring all belongings and liabilities in actual time
- Funding efficiency monitoring alongside your on a regular basis price range
- Constructed for {couples} — joint account assist with shared & non-public views
- Money circulation forecasting, objective monitoring & customized spending classes
Budgeting Model: How Every App Thinks About Cash
Rocket Cash: “Secure to Spend”
Rocket Cash’s signature budgeting idea is “Secure to Spend” — a quantity that tells you, primarily based in your scheduled payments and earnings, how a lot you may spend proper now with out lacking a fee. It’s an ideal psychological mannequin for paycheck-to-paycheck spending and a reduction if conventional class budgets stress you out.
You can even set category-level budgets, however the expertise is constructed across the Secure to Spend quantity fairly than round zero-based allocation.
Monarch: Flex Budgeting
Monarch popularized Flex Budgeting, which teams spending into three buckets:
- Mounted bills — lease, insurance coverage, predictable month-to-month payments
- Versatile spending — groceries, eating, leisure, the stuff you management day by day
- Non-monthly bills — annual insurance coverage, holidays, automobile upkeep, and so forth.
It’s much less granular than YNAB’s envelope system and fewer restrictive than conventional class budgeting — and for many individuals, it’s the lacking mannequin that lastly makes a price range stick.
Subscription Cancellation & Invoice Negotiation: Rocket Cash’s Killer Function
That is the clearest distinction between the 2 apps. Rocket Cash doesn’t simply monitor subscriptions — it cancels them for you with one faucet. You see a subscription you forgot about, you faucet “Cancel,” and Rocket Cash handles the decision/chat/cancellation course of in your behalf.
Rocket Cash additionally presents invoice negotiation on cellphone, web, cable, and insurance coverage payments. The service fees 35–60% of your first-year financial savings as a hit price — so it prices nothing until they really decrease your invoice.
Monarch tracks recurring fees so you may see them in a single place, however you need to cancel them your self, and there’s no invoice negotiation service.
If subscription bloat is the issue you’re attempting to resolve — and it’s an actual drawback for many households — Rocket Cash is genuinely definitely worth the premium subscription only for this function.
Funding Monitoring
Each apps hook up with your brokerage and retirement accounts and present your complete web price. The depth is completely different:
- Monarch reveals particular person holdings, efficiency over time, asset allocation, and contribution monitoring. It’s the strongest budgeting-app funding tracker available on the market and is the closest alternative for Private Capital (now Empower) on the budgeting-first facet.
- Rocket Cash reveals account balances and web price adjustments over time, however doesn’t drill into particular person holdings or efficiency.
When you’ve got a significant funding portfolio and need one app for each budgeting and web price monitoring, Monarch wins this class convincingly.
{Couples} & Joint Households
Monarch was designed from day one for households. {Couples} can:
- Use the identical account at no further price
- See joint and particular person accounts facet by facet
- Set shared targets (down fee, trip, debt payoff)
- Add a fee-only monetary advisor as a 3rd person (a separate paid function)
Rocket Cash technically helps shared entry via credential sharing, however the product is constructed round a person person.
Options: YNAB, Simplifi & Copilot
YNAB (You Want a Price range)
YNAB makes use of a zero-based envelope budgeting technique — each greenback you could have will get a job earlier than it may be spent. It’s probably the most rigorous of the apps reviewed right here, has a passionate person base, and demonstrably adjustments spending habits for individuals who keep it up.
YNAB prices $14.99/month or $109/yr. There’s no free tier and the training curve is actual — however for those who’ve tried different price range apps they usually didn’t change your habits, YNAB may.
Simplifi by Quicken
Simplifi is the budgeting app from Quicken, the long-running private finance software program model. It’s cleaner than the remainder, focuses on spending plans and projected money circulation, and runs round $3.99/month on the annual plan. Value a glance if you’d like a quick, clear app and don’t have any want for subscription cancellation or detailed planning options.
Copilot Cash
Copilot is the design-forward, iOS-first possibility. The interface is gorgeous, the categorization AI is the perfect within the class, and the app integrates funding monitoring and web price with no muddle. It’s $13/month or $95/yr and is iOS/macOS solely (no Android, no net app).
Aspect-by-Aspect Pricing Comparability
| App | Free Tier | Annual Value | Finest Use Case |
|---|---|---|---|
| Rocket Cash | ✅ Sure | $84–$168 (Premium) | Killing subscription waste |
| Monarch Cash | ❌ 7-day trial | $99.99 | {Couples} & detailed planning |
| YNAB | ❌ 34-day trial | $109 | Zero-based budgeting |
| Simplifi | ❌ | ~$48 | Clear, easy budgeting |
| Copilot | ❌ Trial by way of App Retailer | $95 | iOS-only, design-first customers |
YNAB vs Rocket Cash: Which One If You’re Selecting Between Them?
These two apps dwell at reverse ends of the budgeting philosophy spectrum:
- YNAB asks you to plan each greenback upfront. It’s prescriptive, has a studying curve, and adjustments habits. Higher for those who’ve struggled with overspending.
- Rocket Cash doesn’t ask you to do a lot. It screens your accounts, surfaces wasted subscriptions, and provides you a “Secure to Spend” quantity. Higher in case your spending is already principally below management and the leak is subscriptions and payments you’ve forgotten about.
Rocket Cash vs Mint: What Mint Refugees Ought to Know
In the event you’re coming from Mint, right here’s the sincere replace:
- Most Mint customers land on Rocket Cash as a result of the free tier is the closest to Mint’s free mannequin.
- Energy customers land on Monarch as a result of Monarch is probably the most feature-complete alternative, particularly for funding monitoring.
You can even import your Mint historic knowledge into Monarch — a one-time migration path Monarch constructed particularly for the Mint shutdown.
Incessantly Requested Questions
Rocket Cash is cheaper for those who follow the free plan. In the event you evaluate paid plans, Monarch’s annual plan ($99.99/yr) is in the identical vary as Rocket Cash Premium’s center tier (~$120/yr). Monarch is the higher deal on the excessive finish of Rocket Cash’s pricing.
No. Monarch Cash is subscription-only and presents a 7-day free trial. In the event you cancel through the trial, you’re not charged.
Sure. The Rocket Cash Premium plan contains one-tap subscription cancellation — Rocket Cash handles the cancellation course of with the service provider in your behalf, and also you obtain affirmation when it’s full.
Monarch Cash is healthier for {couples}. It’s designed for joint households with limitless family members at no further price, shared targets, and side-by-side joint/particular person account views.
Monarch has considerably higher funding monitoring — it reveals particular person holdings, efficiency over time, asset allocation, and contribution monitoring. Rocket Cash reveals balances and web price however doesn’t drill into particular person investments.
YNAB is healthier in case your objective is to essentially change spending habits via zero-based budgeting. It has a steeper studying curve however a stronger monitor document of serving to customers break overspending patterns. Rocket Cash and Monarch are higher if you’d like passive monitoring with good solutions fairly than lively planning.
Mint shut down in January 2024 and Intuit pushed customers towards Credit score Karma. The most well-liked unbiased replacements are Rocket Cash (totally free subscription monitoring) and Monarch Cash (for paid, full-featured private finance administration).
Remaining Suggestion
The sincere, no-spin advice:
- Begin with Rocket Cash’s free plan for those who’ve by no means used a budgeting app earlier than. It prices nothing, it’ll establish subscriptions you forgot about inside 24 hours of linking your accounts, and you may resolve later if Premium is price it.
- Attempt Monarch’s 7-day free trial for those who’re a pair, you could have significant investments, otherwise you tried Mint’s full function set and need a severe alternative.
- Use each if you wish to. Many customers preserve Rocket Cash for subscription cancellation and Monarch for every part else — the apps are complementary, not mutually unique.