Vylo vs. Monarch.
Brass Tacks: If you want to focus on building good everyday money-saving habits, go with Vylo. If you want more advanced features, like detailed spending visuals, investment allocation and savings goals—and don’t mind spending a few extra bucks—go with Monarch.
Features
| What you get | VyloEveryday household budgeting | MonarchMore ways to dig into the details |
|---|---|---|
| Accounts & transactions | Connect supported US and Canadian accounts. Transactions sort into categories automatically. | Connect supported US and Canadian accounts, with automatic transaction categorization. |
| Your categories | Create your own categories and groups. Remember a merchant’s category for next time. | Customize categories and groups, with rules for how transactions are organized. |
| Monthly budgets | Start from your recent spending, adjust the amounts, and track what’s left for the month. | Choose Category or Flex budgeting, with rollovers and savings goals for planning ahead. |
| Reviewing purchases | Work through purchases that need attention one card at a time. Confirm the category, change it or skip it for later, on web and iPhone. | Review transactions on web or swipe through them on mobile. You can assign a purchase to a specific household member to review. |
| Day-to-day guidance | On iPhone, get a daily spending target from your remaining budget after allowing for expected recurring costs. | Flex budgeting gives you one remaining amount for flexible spending, separate from fixed and non-monthly expenses. |
| Looking ahead | On iPhone, see where the month is heading based on spending so far, upcoming costs and your spending pace. Open the breakdown and ignore a cost you don’t expect. | The web budget forecast lets you plan future months. Recurring payments and savings goals provide other ways to plan ahead. |
| Household sharing | Separate logins, one shared household budget. No extra charge for members. | Separate logins and a shared household view. No extra charge for members. |
| Net worth | Track cash, investments, property and debts over time, including assets you add manually. | Track your assets, debts and net worth over time, with investment allocation views too. |
| Monthly reviews | Open a completed month to see budget results, category totals, the biggest changes and notable purchases. Dig into the transactions behind the numbers. | A monthly progress report covers cash flow, budgets, spending trends and net worth. Detailed reports and spending visuals are available on web and mobile. |
| Where you can use it | Web and iPhone. | Web, iPhone and Android. |
Bank coverage depends on your institution and account type in either app.
Pricing
Web subscriptions · per household
| What you pay | Vylo | Monarch CoreBilled in USD |
|---|---|---|
| Paying monthly | $7/month $2 for your first month. | $14.99/month At the regular monthly rate. |
| Paying annually | No annual plan. Pay monthly and cancel anytime. | $99.99/year, paid upfront. About $8.33/month. |
| First 12 months | $79 total $2 + eleven $7 payments. | $99.99 paid annually, or $179.88 across 12 monthly payments. |
| After the first year | $84 across 12 monthly payments. | $99.99 paid annually, or $179.88 across 12 monthly payments. |
| Household members | Included | Included |
Which one’s right for you?
| What matters to you | Choose Vylo if… | Choose Monarch if… |
|---|---|---|
| How you like to budget | You want to build good everyday money habits, with categories and budgets that fit your life. | You want more ways to plan ahead, including savings goals and budget rollovers. |
| How much detail you want | You want to know what needs reviewing, where this month’s spending is heading and what to aim for each day on iPhone. | You like in-depth spending visuals, more report filters and investment allocation views. |
| What you want to pay for | You’d rather pay less for the things you use regularly, with no annual commitment. | You’ll use the extra tools, and the higher price fits your budget. |
Sources and details
This comparison is from the Vylo team, using our current features and Monarch’s published documentation. We checked the details on September 23, 2026.
Monarch: pricing, tracking and reports, budgeting, product FAQ, transaction review, Flex budgeting, budget forecast, monthly progress report and mobile reports.
Vylo: transaction review, projected spend and daily guidance, imported history, merchant preferences, building a budget, household sharing, net worth, monthly reports and release notes.
Prices are for web subscriptions, before taxes and special offers. Vylo bills in your local currency: USD in the US and CAD in Canada. Monarch bills in USD in both countries; the comparison covers its Core plan. App Store prices may differ. See Monarch’s Canadian billing details.
Found something that has changed? Let us know.