Update — Moneyhub has closed its consumer app
Moneyhub shut its consumer app on 14 August 2026 and now operates as a B2B open-banking provider only, so it's no longer available to sign up for. If you used Moneyhub for the bigger financial picture — net worth, pensions and planning — WealthR covers that directly, and you can import a Moneyhub CSV export to move over in a couple of minutes. The comparison below reflects Moneyhub's consumer app as it was before it closed, kept for reference. Still deciding? We compared the options honestly, competitors included, in the best MoneyHub alternatives for UK users.
The short answer
Choose WealthR if your question is "will my retirement plan work, and what should I do next?" — long-term forecasting, UK tax modelling, retirement income, sequence-of-returns stress testing, and FIRE planning. Free at the core tier, manual-entry, privacy-first.
Moneyhub was the tool for "where did my money go last month, across all my accounts?" — Open Banking aggregation and spending categorisation. Its consumer app closed on 14 August 2026; if automatic bank aggregation is what you need, Emma or Snoop are the closest live alternatives.
If you leaned on Moneyhub for the planning and net-worth side rather than day-to-day spending, WealthR is the natural place to land.
Side by side
| Feature | WealthR | Moneyhubconsumer app closed Aug 2026 |
|---|---|---|
| Free tier | ✓ Net worth, forecasts, debt, retirement, dividends, tax calculator and budget free forever; Pro for the planning suite | ✕ Paid subscription (free trial only) |
| Bank linking required | ✕ Manual entry by design — no Open Banking | ✓ Open Banking is the core of the product |
| Primary focus | Future planning & retirement income | Past spending & account aggregation |
| UK income tax calculator | ✓ Full 2026/27 — HICBC, Marriage Allowance, Scottish bands, Student Loan | ✕ Not included |
| Retirement income modelling | ✓ 12 stream types — State Pension, DB, SIPP drawdown, annuity, ISA withdrawal, GIA dividends, GIA interest, rental, offshore bond 5%, PAYE salary for phased retirement, other taxable and other tax-free — each with the right UK tax treatment | ~ Pension balance view via OB; no income modelling |
| Sequence-of-returns stress test | ✓ Forecast stress test — a −30% crash split across the first two retirement years, then a four-year recovery; free at the default, with crash size, timing, contribution changes, mortgage rates and one-off costs adjustable on Pro | ✕ No |
| Drawdown Planner | ✓ Pro — the Cash flow tab's Drawdown planner: which pot pays each year across pensions, ISAs and savings, the tax including capital gains, how long the money lasts, and up to five named plan variants compared side by side | ✕ No |
| Will it last? (Monte Carlo) | ✓ Headline chance your money lasts is free; Pro shows the 5,000 simulated paths, the median outcome, spending guardrails and retire-later / spend-less / save-more what-ifs, with real UK tax and the State Pension in every path | ✕ No |
| Tax-efficient withdrawal ordering | ✓ Yes — a tax-efficient withdrawal-ordering panel on the Pension tab showing which pot to draw first | ✕ No |
| Top-slicing relief calculator | ✓ Pro feature | ✕ No |
| Estate & IHT | ✓ Estate & IHT tab — nil-rate band, residence band, charity rate and the April 2027 pension rule drawn as an estate chart (free); Pro adds lifetime gifts on a 7-year taper clock, who-gets-what wishes and an "if you died today" death-benefit view | ✕ No |
| Tax planning (Pro) | ✓ The Tax tab's Planning view — moves worth checking ranked by what each is worth in pounds (Child Benefit charge escape, Marriage Allowance, Bed & ISA, household pension efficiency), a salary-sacrifice modeller and top-slicing relief | ✕ No tax-optimisation tooling |
| Scenarios — what-if modelling | ✓ Pro — income shock, cost of raising a child (CPAG-anchored), long-term care, one-off shocks and the Budget changes; save and compare | ✕ No |
| ISA allowance tracker | ✓ All 6 UK wrappers — S&S, Cash, LISA, JISA, IFISA, legacy Help to Buy · per-wrapper limits and remaining allowance | ✕ Account balances via OB · no per-wrapper allowance tracking |
| FIRE calculator | ✓ Full FIRE, Coast FIRE, depletion modelling · portfolio runway in years | ✕ No |
| Dividend income horizon | ✓ Reinvestment then income phases · UK £500 dividend allowance modelled | ✕ No |
| Property / mortgage tracking | ✓ Multi-property · joint ownership % · monthly mortgage amortisation · deal-expiry alerts · BTL cashflow + gross yield (one property free, unlimited on Pro) | ~ Property as account-level via OB / manual entry |
| JISA (Junior ISA) support | ✓ Per-child tracking · opt-in to net worth | ✕ Not a named category |
| Couples / household planning | ✓ Partner pensions tagged separately · joint property ownership % | ~ Shared / business tier features |
| Website-side calculator tools (separate from the app · no sign-up) | ✓ 32 free tools on wealthr.co.uk/tools/ — HICBC, marriage allowance, CGT calculator, stamp duty (SDLT), LBTT Scotland, LTT Wales, pension carry forward, Bed & ISA, CGT tracker, Coast FIRE, FIRE number, IHT on pensions, income shock, long-term care, Monte Carlo retirement, mortgage overpayment vs invest, salary sacrifice, cost of raising a child | ✕ None |
| Year Review with shareable card | ✓ Personalised end-of-year recap · social-safe (percentages-only) or with-amounts share image | ✕ No |
| Monthly debrief | ✓ Automatic debrief on each saved month · comparable-basis change · best-month flag | ✕ No |
| Transaction-level spending categorisation | ✕ No transaction view (manual monthly totals only) | ✓ Core feature — automatic from Open Banking |
| Budgeting tab | ✓ Built-in Budget tab — bill categories (housing, utilities, groceries, subscriptions etc.), take-home calc, savings-rate observations, FIRE-date link | ✓ Category-based budgeting via Open Banking aggregation |
| Subscription tracking | ~ Subscriptions as a budget category (Netflix, Spotify, gym etc.) — manual entry | ✓ Automatic recurring-payments detection |
| Automatic balance updates | ✕ Manual monthly entry (~2 minutes) | ✓ Via Open Banking |
| Regulated financial advice | ✕ Not regulated — planning aid only | ~ Money Coach features |
| Privacy / data handling | ✓ No bank linking, no ads, no data selling | ~ Bank-linked via Open Banking infrastructure |
| Sign-in security | ✓ Touch ID / Face ID sign-in, two-factor authentication, encrypted EU-region sync, no bank linking | — |
| Dashboard layouts | ✓ Default and Minimalist layouts free; Building, Approaching and Retired layouts, drag-and-drop and ten widgets on Pro | ✕ Fixed layout |
| Adviser share link (read-only) | ✓ Pro — read-only links showing only the sections you tick; different links for your IFA, accountant or family; revoke any time | ~ Business-tier features exist for advisers |
| PDF report exports | ✓ Pro feature — IFA-style report | ~ Tier-dependent |
| Mobile app | ✓ iOS & Android (PWA) | ✓ Native iOS & Android |
| Pricing (consumer tier) | Free; Pro £5.99/mo or £39.99/yr | Was a paid subscription; the consumer app closed on 14 August 2026 |
| Investment performance vs a benchmark | ✓ Performance tab — your real time-weighted and money-weighted return with an inflation view (free); Pro adds per-holding returns and the overlay against a global index and a cash baseline | ✕ Balances and valuations via Open Banking — never measured return against a benchmark |
| In-depth guides you can listen to | ✓ Pro — 7 Playbooks — long-form UK guides, read or listen, with a scrub player and follow-along (open the day a trial converts) | ✕ No long-form guides or audio content |
| Notes against your numbers | ✓ My Financial Diary — a searchable note against each month, so you know why a figure moved | ✕ No |
| Built in | Edinburgh, UK | Bristol, UK |
What each does well
Where WealthR is stronger
WealthR is built around future planning — particularly UK retirement income. The retirement income module models 12 stream types, each with the right UK tax treatment (State Pension, DB pension, SIPP drawdown, annuity, ISA withdrawal, GIA dividends, GIA interest, rental, offshore bond 5% withdrawal, PAYE salary for phased retirement, other taxable, other tax-free). The Pension tab shows a recommended tax-efficient withdrawal sequence — the kind of plan you'd typically pay an IFA £500–£1,500 to lay out. The Forecast tab includes a sequence-of-returns stress test (a −30% crash across the first two retirement years, then a four-year recovery, adjustable on Pro) — Moneyhub does not model this, nor do most paid IFA tools below the high-net-worth tier.
The full UK income tax calculator covers 2026/27 bands, HICBC with the higher-earner rule, Marriage Allowance with the £12,570 partner cap, Scottish rates (six bands), Student Loan Plans 1–5 plus Postgraduate, salary sacrifice relief, and the 60% personal allowance taper trap between £100k and £125,140. Moneyhub doesn't include a tax calculator at all.
Where Moneyhub was stronger
Moneyhub was genuinely excellent at aggregating past spending. If you had 4 current accounts, 3 credit cards, an ISA, a SIPP and a mortgage spread across multiple providers, Moneyhub would pull them into one view via Open Banking — automatically, every day. WealthR doesn't do automatic aggregation (its Budget tab covers the same bill categories but data is entered manually). For users who specifically want a unified spending dashboard pulled from their actual transactions, that was Moneyhub's strength — and now that its consumer app has closed, Emma and Snoop are the closest live options.
Moneyhub was also FCA-regulated as an information provider and offered Money Coach-style features that went beyond categorisation. For users who genuinely wanted guided budgeting and behavioural nudges around spending, Moneyhub's product depth there was greater than WealthR's — a spending-first aggregator will still serve that need better than a planning-first tool like WealthR.
WealthR — pros
- Free at the core tier with no expiry — full planner, not a teaser
- 32 free standalone UK calculators on the website (no sign-up)
- Built specifically for UK retirement, FIRE and decumulation
- Full UK income tax calculator (2026/27, HICBC, Scottish bands, £100k trap)
- Tax tab Planning view (Pro) — moves worth checking ranked in pounds: HICBC, Marriage Allowance, Bed & ISA
- 12-stream retirement income module with tax-efficient withdrawal ordering
- FIRE / Coast FIRE / depletion modelling with portfolio runway
- ISA tracker for all 6 UK wrappers (S&S, Cash, LISA, JISA, IFISA, Help to Buy)
- Sequence-of-returns stress test (FIRE community's biggest risk)
- Scenarios (Pro) — income shock, the cost of a child, long-term care, redundancy, the Budget changes
- Dividend income horizon planner with UK £500 allowance
- BTL cashflow + gross yield for landlords · multi-property + joint ownership
- Couples / household planning — partner pensions, joint property
- Year Review with shareable social card
- Adviser share links and IFA-style PDF reports (Pro)
- Privacy by design — no bank linking, no data sold
- One subscription covers your whole household
WealthR — cons
- Manual entry — about two minutes a month
- No automatic transaction categorisation
- No native iOS/Android app yet (works as PWA)
- Not regulated — planning aid, not advice
- Created 2026 — smaller team and user base than Moneyhub
Moneyhub — pros
- Comprehensive Open Banking aggregation
- Automatic transaction categorisation
- Detailed spending insights and budgeting tools
- FCA-regulated as an information provider
- Established product with long track record
Moneyhub — cons
- Consumer app closed 14 August 2026 — B2B-only now, not available to new users
- Was paid subscription only — no permanent free tier (at consumer tier)
- No UK income tax calculator built in
- No retirement income modelling (balance view only)
- No sequence-of-returns stress test
- No tax planning tooling (HICBC escape, Marriage Allowance, Bed & ISA)
- No life-event scenarios (income shock, child cost, job loss, mortgage-rate shocks)
- No ISA tracker across all 6 UK wrappers
- No FIRE / Coast FIRE / depletion modelling
- No dividend income horizon planner
- No multi-property with joint ownership or BTL cashflow modelling
- No couples / household planning view
- No JISA support as a named category
- No standalone calculator tools on the website
- Requires Open Banking — bank-link dependency
When to choose which
Choose WealthR if…
- You're approaching or already in UK retirement
- You want to model when your pot might run out
- You want an IFA-style report without the IFA fee
- You don't want to link your bank accounts
- You're planning FIRE / early retirement
- You're a UK couple modelling joint retirement
- You want a free UK income tax calculator built in
- You care about privacy and data minimisation
If you used Moneyhub…
- Its consumer app closed on 14 August 2026
- If you still have a Moneyhub CSV export, WealthR imports it
- For automatic bank aggregation, look at Emma or Snoop
- For net worth, retirement and tax planning, WealthR covers it
- Import your Moneyhub CSV into WealthR to get going fast
- WealthR's core tier is free forever — no card needed
FAQ
Is WealthR a genuine free alternative to Moneyhub?
Why doesn't WealthR use Open Banking like Moneyhub did?
How do I move my Moneyhub data into WealthR?
Does WealthR work for couples planning retirement together?
Which is better for someone already retired in the UK?
Is the WealthR data actually accurate to the latest UK tax year?
Try WealthR for free, see if it fits.
Free forever at the core tier. No bank linking. No credit card. The full retirement income module, FIRE calculator, UK tax calculator and the default sequence-of-returns stress test are all in the free tier.
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