Moneyhub app review

Intelligent budgeting tools and spending insights

Monthly or annual fee to use

The Moneyhub app is set to close for all customers on 14 August, 2026. It will support existing users until then.
Moneyhub is a budgeting app that aims to help you budget better by showing you all your accounts in one place. We think Moneyhub is good for helping you to understand your money.

It’s a personal finance assistant that uses smart technology, but it also has a human touch. You can talk to a real-life financial adviser in the app too.

We’ve highlighted the key budgeting features, explained how it works and what makes it stand out.

What is Moneyhub?

Moneyhub is part of a wave of budget apps which use Open Banking to bring all your banking information under one roof.

Unlike its competitors, Moneyhub offers a more personalised service. It doesn’t just use technology to help you budget but gives you the option of speaking with an adviser.

However, this comes at a price.

How does Moneyhub work?

Moneyhub is a subscription service, so you have to pay either a monthly or annual fee to join. It’s cheaper to sign up and pay directly in the app than getting Moneyhub through the app store. The app costs a very reasonable £14.99 a year, or you can pay a monthly subscription fee of £1.49.

Once you’ve signed up you can then connect and see any number of accounts you have. Here are its app features in more detail:

• View accounts. Connect your current accounts, credit cards, savings accounts, mortgages, pensions and investments.
• Categories. Smart technology automatically categorises your transactions.
• Spending insights. Analysis shows you which categories and shops you spend most at each month.
• Make payments. Some banks enable you to make payments to friends and family directly from the Moneyhub app
• Goals. Set spending goals and see how much you’ve spent towards it in the app.
• Forecast spending. This feature lets you forecast how your finances will look in the future.
• Real life advisers. Connect to human advisers in the app, you choose whether to share your financial data with them.

Which providers can I connect to Moneyhub with?

Using open banking, you can connect with one of the financial institutions below. If your current account provider isn’t listed, you can manually add an account to the app:

• Bank of Ireland
• Bank of Scotland
• Barclays
• Cahoot
• Zempler
• Cater Allen
• Citibank
• Co-operative Bank
• Cynergy Bank
• Danske Bank
• First Direct
• Halifax
• HSBC
• Lloyds
• M&S Bank
• Mettle
• Monzo
• Nationwide
• Natwest
• RBS
• Revolut
• Sainsbury’s Bank
• Santander
• Starling
• Tide
• TSB
• Ulster Bank
• Virgin Money

How safe is Moneyhub?

You might be slightly worried about letting a third party app access your financial information. However, Moneyhub is FCA regulated and it doesn’t sell your data to third parties – hence the subscription fee.

In addition, it has bank level authentication and security and uses encryption technology. This means it doesn’t actually store any of your login details such as passwords, for instance.

It is, however, possible for some customers to make payments from their bank account from within the Moneyhub app. This can only work is your bank’s security procedures allow this function.

Moneyhub extra information

Product Name	moneyhub
Cancel subscription
Cost	£1.49 per month or £14.99 annual fee
Spending categorisation
Spending analysis
Budgeting tool
Automatic switching service
Savings pots
Account types	Current accounts, Savings accounts, Credit cards, Investments, Pensions, Mortgages

Pros and cons

Customer service information for Moneyhub

Bottom line

With its useful budgeting features and spending insights, Moneyhub could be a good option for you – but only if you’re comfortable with paying a subscription for it and, more importantly, with giving it your online banking details.

Security measures are in place in case anything goes wrong, and it never sells your data to third parties (hence the subscripton), but ultimately it’s up to you. Read our guide to digital banking to ensure you’ve researched all the available apps and accounts before making a final choice.

Get started by visiting Moneyhubs’s website and download the app. If you have read this review and the app is not for you, you can also discover more budgeting apps.

Frequently asked questions

• How often do my accounts refresh?

  Your accounts should automatically update at least every 24 hours. This may not be at the same time each day or night, though. If this doesn’t happen you can manually refresh the information through the connections page.

• What can you do if Moneyhub doesn't connect to your bank account provider?

  You can manually add a provider in the app. Or, you can request to have a site added to Moneyhub by contacting its in-app support or customer service team.

• Why isn't Moneyhub free?

  The main reason that Moneyhub charges a fee is that, unlike many other banking apps, it doesn’t sell data to third parties. This means that for the app to be used and developed, it charges a subscription fee.

• Can I add a pre-arranged overdraft limit to Moneyhub?

  Yes, you can. To do this, go to the accounts and assets tab in the Moneyhub app. Select the account you want to add the overdraft to, and scroll down to add an overdraft limit. If you want to edit this limit, click on the pencil icon in the top right-hand corner.

• How do I change my payment details in Moneyhub?

  The simplest way to do this is to message Moneyhub by going into ‘settings’ and then ‘support’. From here, your existing payment card can be cancelled and another can be added.

• What if I want to unsubscribe or delete my account?

  If you change your mind about Moneyhub, that’s ok! Simply message Moneyhub by opening ‘settings’ and tapping through to ‘support’. From this point, you can indicate to Moneyhub whether you want to unsubscribe, which leaves the option of returning in the future open, or delete all of your data in addition to unsubscribing. Bear in mind that if you choose to delete your data, you won’t be able to return to the same account and would have to create a new one.

Written by

Felix Thompson

Writer

Felix Thompson is a freelance writer at Finder. He covers everything from digital banking to car insurance and, whatever the topic, he aims to make it easy for consumers to get straight to the best deal. Felix has a postgraduate qualification in international journalism and is also a broadcast journalist. In his spare time, he loves to cycle. See full bio