Monarch Money vs Rocket Money
Last updated: June 10, 2026
Recommendation
These two come up together as Mint replacements but they're solving different problems. Monarch is a paid household dashboard at $14.99/month or $99.99/year (Core tier); a new Plus tier launched in 2026 at $199/year. Rocket Money is a free-tier-anchored app with Premium at $7–$14/month pay-what-you-want (no annual plan) whose marquee features are subscription cancellation, balance alerts, and bill negotiation. If you want a polished personal CFO dashboard and you're willing to pay, Monarch. If you want a free tool that finds and cancels forgotten subscriptions, Rocket Money.
Choose Monarch Money if…
Your household wants a unified, polished view of accounts, investments, and net worth, and you'll pay $99.99/year (Core) or $199/year (Plus) for it.
Choose Rocket Money if…
You want a free tier focused on managing subscriptions and bills, and you don't need a deep budgeting workflow.
Pricing
| Monarch Money | Rocket Money | |
|---|---|---|
| Pricing | $14.99/mo · $99.99/yr | Free tier · $7/mo |
| Verification | Verified | Verified |
Feature comparison
| Monarch Money | Rocket Money | |
|---|---|---|
| Bank sync | Yes | Yes |
| Manual transactions | Yes | Unknown |
| Envelope budgeting | No | No |
| Zero-based budgeting | No | No |
| Couples / shared budget | Yes | Unknown |
| Google Sheets | No | No |
| CSV export | Yes | Unknown |
| Recurring transactions | Yes | Yes |
| Net worth tracking | Yes | Unknown |
Privacy
| Monarch Money | Rocket Money | |
|---|---|---|
| Summary | Transaction history and account data is stored on Monarch's servers. Privacy policy states Monarch will never sell financial data, but acknowledges that disclosures to advertising partners via cookies may legally constitute 'sale' or 'sharing' under some state laws. Users can opt out via a 'Do Not Sell or Share' form. | Account, transaction, and subscription data is stored on Rocket Money's servers — broad account access is core to the product. The privacy policy is hosted on a single-page app at rocketaccount.com that did not return readable content through automated fetches; the policy still needs to be reviewed manually before flipping verification. |
| Sells data | does_not_sell | unknown |
| Verification | Verified | Needs verification |
Tradeoffs to consider
Neither is an envelope-budgeting tool. Monarch's category tracking is closer to traditional personal-finance dashboards; Rocket Money's budgeting is lighter and the product is really designed around the subscription-cancellation and bill-negotiation flows. Bill negotiation pays Rocket Money a revenue share — read the fine print.
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Frequently asked questions
- Is Monarch Money or Rocket Money cheaper?
- Rocket Money has a real free tier. Rocket Money Premium is pay-what-you-want at $7–$14/month (billed monthly only; no annual plan). Monarch Money has no free tier; it costs $14.99/month or $99.99/year (Core), or $199/year for the new Plus tier (annual-only). Prices verified 2026-06-10.
- Which is better for couples?
- Monarch Money is the stronger choice for couples who want a shared household dashboard covering accounts, investments, and net worth. Rocket Money's sharing features are more limited. Both store data on their own servers.
- Where does each app store your data?
- Both store linked account and transaction data on their own servers. Monarch's privacy policy states it will not sell your financial data. Rocket Money's data-selling stance is not yet verified from a public primary source — see the Rocket Money profile.
- Does Rocket Money charge a fee for bill negotiation?
- Yes. Rocket Money charges a success-fee percentage of the savings it negotiates on your behalf — this is billed separately from the Premium subscription. The exact percentage is disclosed at negotiation time. The free tier and Premium subscription do not include bill negotiation at no cost.
Sources
- Monarch pricing page — Monarch. Accessed June 10, 2026.Verified 2026-06-10: $14.99/mo, $99.99/yr Core, $199/yr Plus (annual-only, new in 2026).
- Rocket Money homepage — Rocket Money. Accessed May 3, 2026.
- Rocket Money Premium pricing — help article — Rocket Money. Accessed June 10, 2026.Verified 2026-06-10: Premium is $7–$14/mo pay-what-you-want. No annual billing option. Bill negotiation is success-fee-based and billed separately.