Reviewed on 2021-05-04T10:46:31
The UK open banking standard in general is limited to apps, not websites.
Money dashboard is an exception to this.Good interface, ability to export, all I need. Yes it is limited to certain accounts but that is in general a limitation of the open banking standard, not Money Dashboard.read more
Very few apps genuinely make a…
Reviewed on 2021-04-04T10:33:29
Very few apps genuinely make a difference to our financial lives, this is definitely one of them.
Itwould be great to see more effective use of AI|ML on our financial dataread more
All style and no substance
Reviewed on 2021-03-19T17:02:10
To maintain the privilege of seeing my data, these guys should understand something basic: the app needs to do something useful for me on an ongiong basis.
Like,perhaps, manage a budget and analyse my spending from month to month? That seems to be too much to ask - good luck if that's your objective.
There is no envelope budgeting so you can't allocate accrued cash balances towards future anticipated spending. Custom categories are a massive pain to set up properly. It's really hard to (accurately) get a view of what you spent last year and where you might be able to make savings.
The app looks nice and looks very promising but the reality is that it's unintuitive in the extreme - in particular it's very frustrating to try and navigate. I wonder if they've ever sat any real people down to test it??
It doesn't do half the things I would want to in terms of insight, graphing and reporting.
Granted, you can probably achieve the things you want with the right knowledge but they seem to work hard at making things difficult for you.
Furthermore, there is inevitably a bit of ground work you need to put in at the start to get the most out of the tool but the platform - garbage in, garbage out, as they say. But the platform doesn't prompt or guide you through any of this!
So, you can naively go and view your (garbage) "insights" based on default categorisations or you can clean it up first. But what should you clean up and where do you find it? I had something like 1000 transactions in "other" for goodness sake, so how can they meaningfully claim to inform me of my spending on food & drink for example?
The app should be presenting me with a list of low-confidence transactions that it has struggled to categorise but there is no "wizard" or suggestion-driven onboarding procedure. I felt like a 6 year old trying to work out Excel for the first time.read more
Only permits limited accounts with RBS/HL
Reviewed on 2021-03-14T21:14:50
I went through the registration then when i tried to add accounts the RBS option didn't work,the Hargreaves Lansdown doesn't work for ISA or investor accounts and therer are no options for 212 or coinbase (large investment platforms) pretty useless unless you have the handful of specific providers and certain bank accounts.Maybe its great if you have those though!read more
Supports only a handful of accounts
Reviewed on 2021-03-07T13:20:49
This review is for the new Neon version.
Does not support the following bank accounts:
- Marcus by Goldman Sachs
- Wise (former TransferWise)
Selection of investment accounts is very,very, very poor. None of my investment accounts is supported, namely:
- eToro
- AJ Bell
- Freedom Finance
For offline investment accounts (entered manually) does not support any currency other than GBP for investment accounts. I find it annoying. One of my investments is solely in USD. I'd expect automatic currency conversion into GBP (if GBP is a default currency). Not possible, have to convert myself manually.
Does not support SIPP accounts, e.g. Vanguarg.
I experienced problems with linking two of my American Express credit cards -- entered all details, logged in, received a pop-up that accounts had been linked successfully. Then nothing happened. Amex accounts just didn't appear in my MoneyDashboard.
From Wikipedia: "Money Dashboard is a free online personal financial management service in the United Kingdom. It provides users with the ability to view **all** of their online financial accounts in one place and categorises and analyses all of their transactions so they can understand how they use money." In practice this clearly is not true -- MoneyDashboard supports only a handful of accounts.read more
Reviewed on 2021-03-04T08:32:50
Great app really love it. The only downside is the monthly budget I have set up gets a few days intothe month then goes back to zero?read more
Reviewed on 2021-02-25T12:48:42
One of my favourite apps, been using this since 2012 for all of my finances and it's free
Reviewed on 2021-02-11T10:41:59
Had been good but stopped syncing with BoS business accounts. Just won't do it. I've had a few messages with their support guy,Ian Turnbull, but he's gone quiet now as must know there is no solution. Using this to see an overview of all accounts when one of them is missing renders it useless.read more