
Revolut alternatives in Canada
Looking for Revolut alternatives in Canada? These challenger banks and financial apps may be just what you need.
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Our review covers Wallet’s features and pros and cons to help you decide if you really need this finance app to occupy some of your smartphone’s memory.
Wallet is a budgeting app that can be downloaded on Android or iOs, or used through its web interface.
Wallet comes with clean graphics and straightforward menus and options. After you download the app, you can sign up through your email, or using either Facebook or Google, and then start using it immediately.
The basic features are for free, but free Wallet only works as a manual budgeting app – you’ll have to manually enter your expenses and handle your accounts. If you’re looking for something a bit smarter and more automated, you’ll need to pay for Wallet Premium.
Wallet’s free features on Android include:
Here’s what Wallet’s premium option adds to its basic deal:
Wallet Premium is an in-app feature, which means that you need to sign up to the basic version of the app first and then you can upgrade if you want.
As Wallet does not allow you to actually spend your money at any point, even if you buy the premium option and sync the app with your bank account, data are accessed in read-only mode, so your money is still as safe as your bank keeps it.
Wallet does not sell or share data with third parties, unless it is necessary to provide its services. In plain English, this means that BudgetBakers may, for example, give your data to the company that provides the servers that make the app work, but will not sell your details to an advertiser.
You can protect the app with a PIN or with your fingerprint, so that, if your smartphone gets lost or stolen, your financial data are shielded by an extra security layer.
Pros
Cons
If you’re a tech-savvy person who’s simply looking for a budgeting app that helps you save time, it’s difficult to see why you should choose Wallet. Some of the competitors allow you to synchronize your cards and accounts with the app for free, instead of paying a monthly fee.
However, some people are not big on automation, especially when it comes to financial data and banking. If you’d rather do your budgeting manually, and are looking to upgrade from your endless Excel spreadsheet to something a little slicker, Wallet by BudgetBakers is worth a try.
Check out some of the competition and compare with these other budgeting apps: Emma and Mint.
Looking for Revolut alternatives in Canada? These challenger banks and financial apps may be just what you need.
Read more…Earn cash back when you link your bank account and make eligible purchases with this innovative mobile app.
Read more…Sign up for a bank account or GIC with this online bank to earn high interest rates and pay no monthly fees.
Read more…Saving for a holiday? A house? Retirement? Budgeting apps could help you get a hold of your finances.
Read more…Planning a trip abroad? Make sure you have a banking app set up and ready to use abroad. Check out our guide to find the best one for you!
Read more…Open Banking can pave the way to new products and services for Canadians. Find out all you need to know from APIs to regulations with our guide.
Read more…Looking for Revolut alternatives in Canada? These challenger banks and financial apps may be just what you need.
Earn cash back when you link your bank account and make eligible purchases with this innovative mobile app.
Sign up for a bank account or GIC with this online bank to earn high interest rates and pay no monthly fees.
Saving for a holiday? A house? Retirement? Budgeting apps could help you get a hold of your finances.
Planning a trip abroad? Make sure you have a banking app set up and ready to use abroad. Check out our guide to find the best one for you!
Open Banking can pave the way to new products and services for Canadians. Find out all you need to know from APIs to regulations with our guide.
Our in-depth review of the Revolut Metal card – the benefits, the cost and everything you need to know.
We take a closer look at two leading challenger banks. While lumped together, Revolut and Monzo offer distinct features. Take a closer look here.
Is this app-only challenger bank available to Canadians? Read our review to get the low down on all of Starling’s features and benefits.