Monarch Money vs Cleo

Monarch Money: Personal finance app for budgets, net worth and goals, with an AI assistant for money questions. Cleo: Chat-based money app that helps you budget, save and understand spending with a cheeky AI. Here is how they compare on features, pricing, platforms, pros and cons.

Quick verdict

Monarch Money

Best for: Households that want a clear view of their whole financial picture.

Stands out for: Clean, ad-free design; Good for couples.

Cleo

Best for: Young adults who want a fun way to manage money.

Stands out for: Friendly, engaging style; Free plan.

Side-by-side comparison

Comparison of Monarch Money, Cleo
	Monarch Money Visit monarchmoney.com (opens in a new tab)	Cleo Visit meetcleo.com (opens in a new tab)
What it is	Personal finance app for budgets, net worth and goals, with an AI assistant for money questions.	Chat-based money app that helps you budget, save and understand spending with a cheeky AI.
Pricing	Free trial	Free + Paid
Free to use	No	Yes
Category	AI Finance & Accounting	AI Finance & Accounting
Editor rank	#3 in category	#8 in category
Made by	Monarch Money	Cleo
Best for	Households that want a clear view of their whole financial picture.	Young adults who want a fun way to manage money.
Key features	All accounts in one dashboard Budgets and goals Shared access for couples AI assistant for spending questions	Chat with an AI about your money Budgets and spending insights Savings goals Bill reminders
Pros	Clean, ad-free design Good for couples	Friendly, engaging style Free plan
Cons	Paid subscription after the trial	Available in a limited number of countries
Use it to	Set a monthly budget Track net worth over time Ask how much you spent on food	Ask how much you spent on takeaways Set a savings goal Get reminders before bills are due
Web app
iPhone & iPad
Android