Banktivity for Mac

I’ve used this app for over 20 years, going all the way back to when it was called iBank. In the early 2000s, Quicken on the Mac was frankly a mess and many of us were searching for a reliable, well designed alternative. iBank was exactly that, and it has continued to evolve into what is now Banktivity (the name changed in 2016). This is a mature, thoughtfully developed financial application from a small, dedicated team (roughly a couple dozen employees). That longterm focus shows in the stability and depth of the software. Banktivity can automatically download and sync transactions from your financial institutions, which makes it much easier to spot incorrect or fraudulent charges. Reconciling accounts is straightforward, and the app comfortably handles everything from checking and savings to credit cards, investments, loans, and mortgages. Rather than focusing only on price, it’s worth considering the value. A comprehensive tool like this can help you manage money more effectively, avoid fees, and stay organized, benefits that easily outweigh the cost over time. The interface remains approachable while still offering the depth serious users need, which is a rare balance. I have no affiliation with IGG Software; I’m simply a longtime user who believes Banktivity is an excellent personal finance app that deserves recognition.

I downloaded this app several days ago to try it out. It looks nice. But, then I went to their pricing page and was kind of shocked by the cost. This app is only like a dollar less than Quicken per month. If that's the case, I might as well just use Quicken LOL. For an indie app that is supposed to help you with your budget it costs way too much. Plus, no one-time purchase. I went with a different app.

I would like to emphasize the ongoing problem I have with Banktivity not downloading all my transactions from Chase Bank. (See post a few positions below this one.) About 10% of transactions are not downloaded. I have communicated with IGG Software and on their invitation sent logs and screen shots from both Banktivity and Chase's web site. Crickets. No response. This is a real kick to the crotch from IGG customer support.

Ready made solution like Banktivity are great option, however, you need to pay for subscription. What is more, you can never know who has access to your internal financial management info. Thus, in case with such important matters as finance, it is always better to rely on GBKSOFT custom technology solutions. Benefits are security, contribution to your individual business goals, high productivity and continuous tech support, allowing rapid bug fixing.

Last year, Banktivity moved from a purchase to a subscription model, which negated one of its principal advantages over Quicken for Mac. The move from Brantivity 7 to 8 provided no meaningful improvements. In fact, my ability to interface with my bank--one of the ten largest in the US--deteriorated significantly. This was a problem in B7, and the support team kept promising that they were working with their third-party provider to improve it. Instead, they moved backward. When last I wrote them about this issue, a problem for over two years, they told me they were working on a new connection mechanism, but they could not give me a date. I regret that their inattention to this issue made me walk away.