{"id":159879,"date":"2018-12-31T09:00:13","date_gmt":"2018-12-31T09:00:13","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=159879"},"modified":"2025-07-03T16:39:36","modified_gmt":"2025-07-03T15:39:36","slug":"wallet-budgetbakers-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/budgeting\/wallet-budgetbakers-review","title":{"rendered":"Wallet by BudgetBakers review"},"content":{"rendered":"<p>BudgetBakers was founded in 2010 by Czech developer Jan Muller. Initially starting as an Android only company, it has since expanded into iOS territory. BudgetBakers\u2019 main product, Wallet, stands above some of its rivals due to its clean app and options that you can personalise.<\/p><p>Our review covers Wallet\u2019s features and pricing, and its pros and cons to help you decide if you really need this finance app to occupy some of your smartphone\u2019s memory.<\/p><h3>What is Wallet?<\/h3><p>Wallet is a budgeting app that can be downloaded on Android or iOS, or you can use the desktop version if you\u2019d prefer to tackle your finances on a laptop or desktop computer. The Android version of the app is the most complete, while the iOS and web versions lack some of its useful features.<\/p><p>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. You\u2019ll then be asked to select your default currency. At this point, you can pick and choose the charts and graphs you\u2019d like displayed on your dashboard and you can then start using the app.<\/p><p>The basic features are free of charge, but free Wallet only works as a manual budgeting app. This means you\u2019ll have to manually enter your expenses and handle your accounts. If you\u2019re looking for something a bit smarter and more automated, you\u2019ll need to pay for Wallet Premium.<\/p><h3 id=\"how\">How does Wallet work?<\/h3><p>Wallet\u2019s free features on Android include:<\/p><ul class=\"list-10\"><li><strong>Up to 3 accounts in one place.<\/strong> Wallet allows you to add up to 3 accounts that can be categorised according to where the money comes from (cash, debit account and loan, for example). You can add the data manually or, if up until now you\u2019ve been using a spreadsheet to do your budgeting, upload a XLS\/CSV\/OFX file with your previous transactions.<\/li><li><strong>Categorise your spending.<\/strong> Every time you spend money, you can add a transaction into the app and categorise it accordingly. Categories include, among others, food and drink, shopping, entertainment, transport, housing and communication. Each category has a list of subcategories and can be personalised.<\/li><li><strong>Saving goals and budgeting. <\/strong>You can set a budget for a specific account or category and Wallet will notify you when you go beyond it. You can also set how much you\u2019re planning on saving this month; Wallet will tell you how close you are and predict if you\u2019ll hit the target basing on your spending habits.<\/li><li><b>Planned payments. <\/b>You can plan regular payments, which means that if you have regular expenses such as rent, you won\u2019t need to add it to the app every month \u2013 Wallet will do it for you. However, don\u2019t forget that Wallet is a budgeting app, so you cannot use it to actually spend money and send out payments. You\u2019ll still need your bank app for that.<\/li><li><strong>Financial reports.<\/strong> Wallet will analyse your financial data and tell you where you\u2019re spending most money. Reports are organised by account and shown in a clear pie chart.<\/li><\/ul><h3>What is Wallet Premium?<\/h3><p>Here\u2019s what Wallet\u2019s Premium option adds to its basic deal:<\/p><ul class=\"list-10\"><li><strong>Bank synchronisation.<\/strong> This feature is the real game-changer. Your transactions will automatically be added to Wallet and categorised, saving you a huge amount of time that would otherwise be spent feeding the app with your financial data. More than 15,000 banks and cards worldwide can be managed through Wallet.<\/li><li><strong>Unlimited accounts.<\/strong> You can have as many accounts as you wish, both manual and synced.<\/li><li><strong>Multi-user sharing.<\/strong> You can create a financial sharing group with your partner, friends and family in order to sort out your finances collaboratively.<\/li><\/ul><p>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 upgrade if you want to. You can currently take advantage of a 14-day free trial, after which point you\u2019ll be charged for a yearly Premium plan. Wallet Premium costs \u00a35.49 if you subscribe monthly or \u00a317.99 for the yearly plan \u2013 this is for the first year only, after which you\u2019ll be charged \u00a319.99. Alternatively you an sign up to a Lifetime Premium plan for \u00a348.99.<\/p><h3>Is Wallet safe?<\/h3><p>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 is accessed in read-only mode, so your money is still as safe as your bank keeps it.<\/p><p>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.<\/p><p>You can protect the app with a PIN or with your fingerprint, so that if your smartphone gets lost or stolen, your financial data is shielded by an extra security layer.<\/p><h3>Wallet app customer reviews<\/h3><p>On the App Store, the Wallet app scores 4.6 stars out of 5 from over 5,000 reviews, while on Google Play it scores 4.5 stars out of 5 from more than 340,000 reviews. (Updated March 2025.)<\/p><p>Reviewers praise the app for being \u201cuser-friendly\u201d and highlight its budgeting features and ability to handle multiple currencies as big plus points.<\/p><p>On the flipside, the vast majority of negative reviews point to issues with syncing bank accounts and credit cards, with some users also reporting a lack of customer support.<\/p><h3>Pros and cons of Wallet<\/h3><div class=\"column_wrapper\"><div class=\"one_half\"><p><b>Pros<\/b><\/p><ul class=\"list-4\"><li>Clear and good-looking app<\/li><li>Organises your finances through personalised budgets, goals and categories<\/li><li>Has a web interface (some of its competitors are only available on smartphones)<\/li><li>Useful spending reports, including super-handy charts<\/li><\/ul><\/div><div class=\"one_half\"><p><b>Cons<\/b><\/p><ul class=\"list-13\"><li>The iOS and web versions lack some of Wallet\u2019s features<\/li><li>The free version only allows \u201cmanual\u201d budgeting, which is extremely time-consuming<\/li><li>You cannot make any payment, so you\u2019ll still need to access your banking apps often<\/li><li>Wallet Premium is quite expensive for a budgeting app<\/li><\/ul><\/div><\/div><h3>Customer service information for Wallet<\/h3><table class=\"i_infobox product_infobox has-margin-bottom\">\n<tbody>\n<tr>\n<th>Email support<\/th>\n<td class=\"i_infobox_data product_infobox_data\"><svg class=\"luna-icon luna-icon--medium luna-icon--error\"><use xlink:href=\"#close\"><\/use><\/svg><\/td>\n<\/tr>\n<tr>\n<th>Telephone support<\/th>\n<td class=\"i_infobox_data product_infobox_data\"><svg class=\"luna-icon luna-icon--medium luna-icon--error\"><use xlink:href=\"#close\"><\/use><\/svg><\/td>\n<\/tr>\n<tr>\n<th>In-app or live chat<\/th>\n<td class=\"i_infobox_data product_infobox_data\"><svg class=\"luna-icon luna-icon--success luna-icon--medium\"><use xlink:href=\"#check\"><\/use><\/svg><\/td>\n<\/tr>\n<tr>\n<th>Contact form<\/th>\n<td class=\"i_infobox_data product_infobox_data\"><svg class=\"luna-icon luna-icon--medium luna-icon--error\"><use xlink:href=\"#close\"><\/use><\/svg><\/td>\n<\/tr>\n<tr>\n<th>Branch support<\/th>\n<td class=\"i_infobox_data product_infobox_data\"><svg class=\"luna-icon luna-icon--medium luna-icon--error\"><use xlink:href=\"#close\"><\/use><\/svg><\/td>\n<\/tr>\n<\/tbody>\n<\/table><h3 id=\"verdict\">The verdict: Is this budgeting app worth it?<\/h3><p>If you\u2019re a tech-savvy person who\u2019s simply looking for a budgeting app that helps you save time, it\u2019s difficult to see why you should choose Wallet. Some of the competitors, <a href=\"https:\/\/www.finder.com\/uk\/budgeting\/emma-review\">such as Emma<\/a>, allow you to synchronise your cards and accounts with the app for free, instead of paying a monthly fee.<\/p><p>However, some people are not big on automation, especially when it comes to financial data and banking. If you\u2019d 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.<\/p><p>Get started by visiting Wallet\u2019s website and download the app. If you have read this review and the app is not for you, you can also <a href=\"https:\/\/www.finder.com\/uk\/budgeting\/best-budgeting-app\">discover more budgeting apps<\/a>.<\/p>                                    \n<style>\n.tablefade { height: 850px; width: 100%; overflow-x: auto; overflow-y: scroll; }\n.tablefade .luna-table { position: relative; border-left: none !important; }\n.tablefade th:first-child, .tablefade td:first-child { position: sticky; left: 0; background: #ffffff; border-left: 1px solid #d4d3ce; z-index: 2; }\n.tablefade .luna-table td { vertical-align: middle; }\n.tablefade tbody tr:hover td { background-color: #f5f4ef !important; }\n.tablefadeafter { background: linear-gradient(to bottom, rgba(255, 255, 255, 0) 0%, rgba(255, 255, 255, 1) 100%); width: 100%; height: 10rem; margin-top: -10rem; margin-bottom: 4rem; position: relative; pointer-events: none; }\n.tablefade img { min-width: 96px; min-height: 53px; }\n\n.tablefade-filtered { max-height: 500px; width: 100%; overflow-x: auto; overflow-y: auto; }\n.tablefade-filtered .luna-table { position: relative; border-left: none !important; }\n.tablefade-filtered th:first-child, .tablefade-filtered td:first-child { position: sticky; left: 0; background: #ffffff; border-left: 1px solid #d4d3ce; z-index: 2; }\n.tablefade-filtered .luna-table td { vertical-align: middle; }\n.tablefade-filtered tbody tr:hover td { background-color: #f5f4ef !important; }\n.tablefadeafter-filtered { background: linear-gradient(to bottom, rgba(255, 255, 255, 0) 0%, rgba(255, 255, 255, 1) 100%); width: 100%; height: 3rem; margin-top: -3rem; margin-bottom: 4rem; position: relative; pointer-events: none; z-index: 5; }\n\n.lightbox { display: none; position: fixed; z-index: 9999; left: 0; top: 0; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.8); }\n.lightbox img { display: block; max-width: 90%; max-height: 90%; margin: auto; position: absolute; top: 50%; left: 50%; transform: translate(-50%, -50%); }\n<\/style>\n\n                    \n    \n\n<div id=\"lightbox\" class=\"lightbox\" onclick=\"closeLightbox()\">\n  <img decoding=\"async\" id=\"lightbox-img\" src=\"\" alt=\"Expanded Finder Badge\" loading=\"lazy\">\n<\/div>\n\n<script>\n  function openLightbox(event, imageUrl) {\n    event.preventDefault();\n    const lb = document.getElementById('lightbox');\n    const lbImg = document.getElementById('lightbox-img');\n    if(lb && lbImg) {\n        lbImg.src = imageUrl;\n        lb.style.display = \"block\";\n    }\n  }\n  function closeLightbox() {\n    const lb = document.getElementById('lightbox');\n    if(lb) lb.style.display = \"none\";\n  }\n<\/script><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000000\" data-toggle=\"collapse\" data-target=\"#accordion0000000000\">\n        <span class=\"luna-accordion__title\">How much does Wallet by BudgetBakers cost?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000000\" data-accordion=\"details\">\n    <div class=\"accordionContent\">Wallet\u2019s basic version is free, while the upgrade costs around \u00a319.99 a year (first year is currently \u00a317.99).<\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000001\" data-toggle=\"collapse\" data-target=\"#accordion0000000001\">\n        <span class=\"luna-accordion__title\">Which banks does Wallet by BudgetBakers support?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000001\" data-accordion=\"details\">\n    <div class=\"accordionContent\">Wallet can be synced with more than 15,000 banking products worldwide, but keep in mind that you can only sync accounts if you buy the premium option.<\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000002\" data-toggle=\"collapse\" data-target=\"#accordion0000000002\">\n        <span class=\"luna-accordion__title\">Can I use Wallet by BudgetBakers to make payments?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000002\" data-accordion=\"details\">\n    <div class=\"accordionContent\">No, you can\u2019t. If you\u2019re looking for an app that allows you to handle more than a bank account in one place (and one card), <a href=\"https:\/\/www.finder.com\/uk\/digital-banking\/curve-review\">you\u2019re probably looking for Curve.<\/a><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000003\" data-toggle=\"collapse\" data-target=\"#accordion0000000003\">\n        <span class=\"luna-accordion__title\">Is Wallet by BudgetBakers safe?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000003\" data-accordion=\"details\">\n    <div class=\"accordionContent\">Yes, pretty safe. Wallet does not allow money in an account to be spent as its data is accessed in read-only mode. Also, your data won\u2019t be sold on to third parties unless it is absolutely necessary.<\/div>\n  <\/div>\n<\/li><\/ul><div id=\"best\"><\/div><article class=\"luna-card luna-card--alt\"><div class=\"luna-card__block has-padding-small\">We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms \"best\", \"top\", \"cheap\" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our <a href=\"https:\/\/www.finder.com\/uk\/terms-of-use\" class=\"fin-text-navy\">terms of use<\/a>. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.<\/div><\/article>","protected":false},"excerpt":{"rendered":"<p>Wallet by BudgetBakers helps you organise your money and personalise budgets and goals. Finder looks at its features, pros, cons and premium options.<\/p>\n","protected":false},"author":1047,"featured_media":159931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"nicheCode":"","productId":"","enableOptimizely":false,"_persistent_nav_menu_items":null,"blockTemplateId":"","_post_hreflang":"","related_url":"\/wallet-budgetbakers-review","footnotes":""},"categories":[120727],"tags":[],"asset_tag":[],"class_list":["post-159879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wallet by BudgetBakers review - Finder UK<\/title>\n<meta name=\"description\" content=\"Wallet by BudgetBakers is a straightforward app that can help you set savings and budgeting goals and keep track of your spending. 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