The short answer
MONARCH MONEY INC represents an annual ($99.99/yr) or monthly ($14.99/mo) software subscription to Monarch Money, an all-in-one personal finance dashboard and net worth tracking application.
Cracking the personal finance software charge
Monarch Money, Inc. is a modern financial management platform created by former product leaders from Mint and Personal Capital. When Intuit announced the shutdown of Mint in late 2023, hundreds of thousands of users migrated their accounts to Monarch. Subscription renewals process on bank statements as MONARCH MONEY INC, MONARCH MONEY, or MONARCH APP.
Monarch operates entirely on a paid subscription model with zero in-app advertisements or data monetization. The platform costs either $14.99 billed monthly or $99.99 billed upfront as an annual plan ($8.33 per month equivalent).
Because many subscribers joined through introductory promotional discounts (such as 30-day extended trials or 50% first-year discount codes), users frequently encounter surprise renewal debits twelve months later when the annual plan renews at the full standard $99.99 rate.
When it's not what you think
- An annual $99.99 subscription renewal billed after an initial first-year promotional discount period.
- A regular $14.99 monthly software subscription charge.
- A subscription initiated through Apple App Store or Google Play Store in-app purchases.
- A partner or spouse shared household access on a joint financial tracking plan.
Follow the paper trail
- Log into your Monarch web dashboard or mobile app Visit monarchmoney.com, click Settings in the bottom left corner, and select Billing to review your current plan and renewal date.
- Check Apple Subscriptions or Google Play if billed via mobile If your subscription was purchased through iOS or Android, manage cancellation through your device App Store subscription settings.
- Request a renewal refund within the grace window Monarch provides friendly refund support if an annual renewal caught you by surprise and you contact them promptly.
Frequently asked questions
Does Monarch Money offer a free tier?
No. Monarch operates strictly on a subscription model ($14.99/mo or $99.99/yr) after a free trial period to maintain user privacy without selling data.
How do I cancel Monarch Money before my annual renewal?
Go to Settings > Billing on the web dashboard and click Cancel Subscription. Your account remains active until the end of the paid billing period.
Independent reference — not affiliated with Monarch Money, Inc.. Billing names and policies change; verify with the merchant or your bank before acting.
Verified sources
Every claim on this page is checked against official sources — open them to confirm before you call your bank.
- Monarch Money - Pricing and Subscription Terms https://www.monarchmoney.com/pricing
- FTC - Rules on Automatic Subscription Renewals https://www.ftc.gov/news-events/news/press-releases/2024/10/federal-trade-commission-announces-final-click-cancel-rule
Reviewed Sep 26, 2026 · high · About UnknownCharges