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'iBank for iPad' Arrives in App Store

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Apr 12, 2001
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Earlier this year, we offered a preview of "iBank Access", an iPad version of IGG Software's personal finance software. With Intuit's Quicken for Mac having fallen out of favor after being remade with drastically simpler functionality that many users have found insufficient for their needs, iBank for Mac has become a popular option for those looking to keep track of their finances.

Beyond iBank for Mac, IGG Software has offered a companion iPhone app for some time, but the move to the iPad opens up a number of different possibilities for the app on iOS. As work on iBank Access continued, IGG realized that the app was indeed a nearly full-fledged version of iBank, and so the app was rebranded as iBank for iPad. Launching in the App Store today for $14.99, iBank for iPad offers a number of features for tracking expenditures, budgeting, managing investments, and more.

ibank_ipad_summary.jpg



As we mentioned in our preview earlier this year, IGG is also rolling out a new subscription service known as Direct Access that provides for automatic updating of financial transactions in the background from thousands of financial institutions. iBank for iPad comes with a free 30-day trial of Direct Access that can be continued via In App Purchase for $4.99 per month or $39.99 per year. Alternatively, users can sync with the desktop version of iBank via Wi-Fi or WebDAV server free of charge.

ibank_ipad_detail.jpg



Along with the release of iBank for iPad, IGG is discounting the Mac version of iBank by $10 through July 8, pricing the software at $49.99 through both the Mac App Store and IGG's web store.

Article Link: 'iBank for iPad' Arrives in App Store
 
Article Link
https://www.macrumors.com/2012/06/27/ibank-for-ipad-arrives-in-app-store/
MacRumors said:
As we mentioned in our preview earlier this year, IGG is also rolling out a new subscription service known as Direct Access that provides for automatic updating of financial transactions in the background from thousands of financial institutions. iBank for iPad comes with a free 30-day trial of Direct Access that can be continued via In App Purchase for $4.99 per month or $39.99 per year. Alternatively, users can sync with the desktop version of iBank via Wi-Fi or WebDAV server free of charge.
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I'm cool with the $15 price tag, but $40/year to download my bank data (which my bank already charges a monthly fee for)? No sale...
 
I desperately want QuickBooks for iPad (or better yet, iPhone). That's the main application I use on a daily basis on my Mac that has no equivalent on iOS. :mad:
 
If you need a power user solution maybe this is worth paying for.

If you are just looking to view transactions and cash flow, along with some light transaction entry and for personal use only, then I don't see why this is worth paying for over Mint.
 
I'm highly confused as to why they think they can charge $40/yr to do what mint.com does for completely free
 
So you pay $15 just for having the privilege of them charging you $4.99 a month?

I'll stick with Mint & Moneywell
 
Haven't tried iMint, but having been using iCompta on my Mac/iPhone/iPad for several years and really like it, especially the fact it can sync between devices
 
Mint analyzes your personal financial data to serve you ads and sponsored offer links it thinks you'll like. iBank doesn't look at your data and instead chooses to pay its bills by charging the user directly.

Your choice how the software gets paid for...your pocketbook with iBank or your personal financial information with Mint.
 
Why pay when Mint is free???

Statement from IGG / iBank:
Safe & Secure

Your finances are no one else's business. iBank for iPad is ad-free. There are no third-party services offered to users. Your data is never accessed, aggregated or analyzed in any way that benefits IGG or anyone else. And we never sell, trade, rent or share customer information, ever.​

And that is why iBank costs money. The question is, do you want to sell all of your personal information for a free app & service or would you rather pay $60 per year to a company who isn't going to use your personal information for their own profit.

I'm not saying that Mint is evil. Everyone has to earn their keep in some way. I'm just saying that, in a free market society, it's nice to have the option available.

It's kinda' like using Andriod (free / add based) vs. using iOS (premium / fee based).
 
stewartmoreland said:
Statement from IGG / iBank:
Safe & Secure

Your finances are no one else's business. iBank for iPad is ad-free. There are no third-party services offered to users. Your data is never accessed, aggregated or analyzed in any way that benefits IGG or anyone else. And we never sell, trade, rent or share customer information, ever.​

And that is why iBank costs money. The question is, do you want to sell all of your personal information for a free app & service or would you rather pay $60 per year to a company who isn't going to use your personal information for their own profit.

I'm not saying that Mint is evil. Everyone has to earn their keep in some way. I'm just saying that, in a free market society, it's nice to have the option available.

It's kinda' like using Andriod (free / add based) vs. using iOS (premium / fee based).
Click to expand...

Except Android isnt 'add' based at all...there is not a single advert in the OS.
 
This is a paid advertisement, right? I wish MacRumors was more transparent about what articles are sponsored.
 
No thanks. I'll stick with Mint.com's free website, free iPhone app, and free iPad app, instead of buying a desktop app for $60, plus $5 for an iPhone version, and $15 for an iPad version, plus $40/year for automatic synching accounts.

Let's sum it up, shall we?

Mint.com: $0
Mint.com iPhone/iPad Universal app: $0
Automatic syncing accounts: $0
Overall: $0

iBank for Mac: $60
iBank for iPad: $15
iBank for iPhone: $5
Automatic syncing accounts: $40/year
Overall: $120/first year, $40/year thereafter

Show me what iBank does that Mint.com doesn't do (or show more securities or SOMETHING) that is worth the money...
 
foodog said:
mint.com is free
Click to expand...

And very nice (now that they finally have an iPad app) :D

slicecom said:
iMint for free...
Click to expand...

Crazy Badger said:
Haven't tried iMint<snip>
Click to expand...

What is this iMint you guys keep referring to? What does "Anime Boy'z" have to do with financial apps?

ssspinball said:
If you need a power user solution maybe this is worth paying for.

If you are just looking to view transactions and cash flow, along with some light transaction entry and for personal use only, then I don't see why this is worth paying for over Mint.
Click to expand...

In what way is it more powerful? (Sincere question as I've never used it.)

Dewroo said:
why are third party app releases considered news?
Click to expand...

Because those third party apps run on OSX and/or iOS powered devices that this website happens to be a focus of. Perhaps you are in the wrong place?

WildCowboy said:
Mint analyzes your personal financial data to serve you ads and sponsored offer links it thinks you'll like. iBank doesn't look at your data and instead chooses to pay its bills by charging the user directly.

Your choice how the software gets paid for...your pocketbook with iBank or your personal financial information with Mint.
Click to expand...

I fail to see the issue here. So what if they use that data to serve me ads. As long as they don't use it to blackmail me by threatening to tell my favorite sushi chef that I cheated on him by going to the take-out sushi restaraunt down the street. :p

damage00 said:
This is a paid advertisement, right? I wish MacRumors was more transparent about what articles are sponsored.
Click to expand...

How did you determine that? Or did you assume? Do they write articles for apps like this based on payment from the devs?
 
damage00 said:
This is a paid advertisement, right? I wish MacRumors was more transparent about what articles are sponsored.
Click to expand...

We are transparent.

We simply don't do paid posts. We'll occasionally promote a software bundle where we earn a referral cut of the proceeds, but we clearly disclose that in those articles and we post them because we think people will be interested in them, not because we can make money off of them.

Occasionally we will use referral links for products through Amazon or Adobe, and links to apps through our AppShopper site generate revenue through the iTunes affiliate program. But the income from these avenues has no influence on our editorial decisions.

I posted about iBank because it's a popular option for Mac users looking for personal finance solutions. People have been asking for an iPad app for quite some time, and this appears to be quite full-featured.

Some may feel the price is too high, and that's fine...buy it or don't buy it. I will say that Direct Access isn't designed to be a money-maker for IGG...it's delivered through a third-party service that IGG has to pay for, and that cost gets passed along to the user since IGG isn't a charity.

Geckotek said:
I fail to see the issue here. So what if they use that data to serve me ads. As long as they don't use it to blackmail me by threatening to tell my favorite sushi chef that I cheated on him by going to the take-out sushi restaraunt down the street. :p
Click to expand...

In general, I agree. But many people prefer not to have their full financial information being used to develop a profile. Others worry that Mint will begin selling the actual information to advertisers and other parties. That seems unlikely, especially without users having a means to opt out, but it is a concern for a significant number of people.
 
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