Monarch Money pricing 2026: cost, free trial and promo codes

Monarch plans and prices

We re-read monarch.com/pricing on October 27, 2026 to write this. It shows two prices, $14.99 a month and $99.99 a year, and it names two tiers, Core and Plus, but it doesn't say which tier each price belongs to.^[1] The App Store listing shows the same two prices and adds a Plus yearly plan at $199.99.^[2] So the table below has three rows, and the names are ours to make sense of the page, not Monarch's labels.

Paying monthly costs $179.88 over twelve months, against $99.99 billed yearly.^[1] That is $80 more, or a yearly price about 44% lower. If you plan to stay a year, the annual plan is the cheaper way to pay. If you aren't sure, the first week is there to help you decide.

Prices are before tax. Check the pricing page before you pay, since a plan's price and name can change.

Core vs Plus

The pricing page says Plus "is built for members managing more than just day-to-day finances." It lists three things Plus adds: forecasting tools, tracking of several income sources like a small business, and deeper investment tracking.^[1] It lists no Core features, so there is no clean Core side of the comparison on the page.

Monarch's feature pages describe these without naming a tier: two ways to budget (Flex or Category), rollovers, goals, subscriptions and bills, and reports on money in and out.^[2][4][7][8] Forecasting spending into future months is the one feature the pricing page ties to Plus.^[1][7] If you have one paycheck and a normal set of accounts, nothing on the pricing page says Plus is for you. If you freelance with several clients, or want deeper investment tracking, that is who it is written for.

Two honest gaps. The pricing page doesn't state a Plus price, and the App Store's $199.99 is the only figure for it we found. And it doesn't say which tier the $14.99 monthly price is.

The free trial

The pricing page says "Your first week is on us." The App Store says the app is free to try for 7 days before a monthly or annual membership is billed. Neither says whether a card is needed.^[1][2] No free plan follows it.^[1][2] If you sign up, put the end date in your calendar and decide on day 5 or 6, not on the day it bills.

Which tier does the trial cover? The page doesn't say. If you want to try Plus features, look for forecasting and the multiple income source tracking during the week.

The WELCOME promo code

The pricing page, read October 27, 2026, carries a banner: "Get 30% OFF Core for one year with code WELCOME." The fine print says the offer is for new users only, can't be combined with other offers, is valid for the annual Core plan only, and the code "may expire or be deactivated at any time."^[1]

So what is it worth? If the 30% applies to the $99.99 annual price (the page doesn't say that price is Core, and doesn't give a discounted figure), the first year would be about $70. That is our arithmetic, not a price Monarch states. We don't list any other Monarch promo code. Codes on coupon sites that Monarch's own page doesn't mention are not something we can check, and the page says codes can be deactivated at any time.

What Monarch costs for two people

A partner joins at no extra cost under the same subscription and gets their own login. The page says, "Partners will each have their own login, but can view each other's data."^[5][6] So the cost for two is the same as the cost for one: $99.99 a year or $14.99 a month. There is no second seat to buy.

The trade is what you share. Both partners see everything. The page says, "both parties will have full visibility into all accounts and transactions associated with it," and tells people to check they are comfortable with that first. The help center adds: "You cannot hide bank accounts or transactions in Monarch."^[5][6][10] Monarch's pages don't describe keeping one account private, so if you each want some money to stay your own, see what couples apps let a partner see. One reviewer was unsure about a second fee, and another had trouble making a spouse's membership work:

Those are two people's experiences, from August 2026. The pricing and couples pages say a partner is included, and we can't tell from public pages how often the invite goes wrong. For more on couples, read the best budgeting apps for couples and Wonderful vs Monarch.

Cancelling and refunds

The pricing page says you can cancel anytime, mentions a money-back guarantee, and recommends signing up on the web instead of through the Apple or Google app stores.^[1] The FAQ calls the guarantee "no-questions-asked" and links to a help article for the time window and the steps, which the pricing page itself doesn't give.^[1]

Reviewers describe the other side. Several App Store reviews from July to October 2026 say they were billed after they cancelled.^[9] One says they were billed after cancelling and asked how to get it back:

That is a single review. The advice that follows is ours: cancel on the web where you signed up, keep the confirmation, and look at your statement the next month.

Monarch compared with other apps

Monarch's yearly price sits in the middle of the group. YNAB is $109 a year and has a 34-day trial on its website, with up to six people on one subscription.^[15] YNAB pricing has the detail. For the head to head, see Monarch vs YNAB and Copilot vs Monarch.

Is Monarch worth it?

It is worth it if

• You want every account, including investments and loans, in one place with net worth.^[4]
• You and your partner are fine seeing everything, and want one subscription for both.^[5][6]
• You like its ratings: 4.9 stars from 116K ratings on the App Store and 4.8 on Google Play.^[2][3]

It is less likely to be if

• You want a free plan. There is none after the first week.^[1][2]
• You want to keep an account private from a partner. Its couples page describes no way to.^[5][6]
• Connections matter more than features. Some reviewers describe accounts that disconnect and wrong categories.^[9]

If the first week shows your accounts staying connected, the price is steady and you wanted one view of everything, it is a reasonable buy. If it isn't, see Monarch alternatives.

Alternatives in short form

• YNAB: $14.99/mo or $109/yr. A method for giving every dollar a job.
• Copilot Money: $13/mo or $95/yr. Apple devices and the web, no Android app.
• Lunch Money: $10/mo or $100/yr. A web-first app with rules and tags.
• EveryDollar: Free, or $17.99/mo or $79.99/yr. A zero-based budget with a free version.
• Goodbudget: Free, or $10/mo or $80/yr. Envelope budgeting with a free plan that has limits.
• Wonderful: $14.99/mo or $99/yr for both partners.

More in Monarch alternatives.

Where Wonderful fits

We make Wonderful, so weigh this accordingly. It costs about the same as Monarch's yearly plan: $99 a year or $14.99 a month, and one subscription covers both partners. The difference is how it treats two people. Each connects their own bank, and each chooses, account by account, whether the other sees everything, only totals or nothing. Shared costs are split evenly, by income or any way you choose, with a running total of who owes whom.

What it doesn't do: it runs in the browser only, with no iPhone or Android app yet, has no free plan after a free week, and gives no investment advice or portfolio analysis (investments count toward net worth as balances). If you want the deepest picture of your investments in one app, Monarch's Plus tier is closer.