BankTree Personal Finance vs PocketSmith
BankTree Personal Finance
banktree.co.uk
PocketSmith
pocketsmith.comSide by side
| Figure | BankTree Personal Finance | PocketSmith |
|---|---|---|
| Price from | £3.50/mo | $9.99/mo |
| Free plan | — | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | Yes |
| macOS | Yes | Yes |
| Linux | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 7 | 7 |
| Spec score · Personal Finance Software | 8.7 (#21) | 9.5 (#2) |
| Account sync | both | both |
| Bill tracking | Yes | Yes |
| Budgeting tools | Yes | Yes |
| Free plan | No | Yes |
| Mobile apps | both | both |
| Net-worth tracking | Yes | Yes |
| Purpose | BankTree provides online, desktop, and mobile software for recording income and expenditure, importing statements, balancing accounts, and budgeting. | PocketSmith is personal finance software for forecasting future bank balances and interacting with money. |
| Report export | Yes | Yes |
| Security | BankTree Online states that its site certificate uses 2048-bit encryption, it does not store passwords, it logs account logins, and it supports two-factor authentication. | Connections are encrypted, stored data is encrypted at rest, passwords use bcrypt hashing, and PocketSmith reports an SSL Labs A+ transport rating as of February 2024. |
| Support | The maker offers support tickets, a knowledgebase, and tutorials covering accounts, budgets, imports, investments, reconciliation, and backups. | Users can contact PocketSmith support through the in-app Help menu or by email, with priority email support on Fortune. |
Plans
BankTree Personal Finance
- Starter£3.50 a month
- Premier£4.50 a month
- Desktop Personal Finance£35 a month
- BankTree Online TrialFree
- BankTree Desktop Personal Finance£35, paid once
- BankTree Online PremierPrice not published
- BankTree Online StarterPrice not published
PocketSmith
- FreeFree
- Foundation$14.95 a month
- Flourish$24.95 a month
- Fortune$39.95 a month
- Foundation$119.88 a year
- Flourish$199.92 a year
- Fortune$319.92 a year
In their own words
BankTree Personal Finance
BankTree Personal Finance has no write-up on Specifiction yet; its figures are above.
PocketSmith
PocketSmith is personal finance software for budgeting, monitoring accounts, and forecasting future balances. It connects to financial institutions for automatic imports and categorization, and also supports manual imports. Budget tools include a calendar, flexible periods, and what-if scenarios; reports cover income, expenses, net worth, and cash flow. Users can track accounts, assets, and liabilities across countries with currency conversion. Forecasting can show daily balances as far as 60 years ahead on the Fortune plan. The free plan includes two dashboards, 12 budgets, two accounts, and six months of projection. Foundation starts at $9.99 a month when billed annually. PocketSmith lists Android, iOS, web, desktop apps, and an API. Bank feeds are read-only and cannot move money in connected accounts. The service states that data is encrypted, two-factor authentication is available on every plan, and there are no ads or ad-tracking.