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iBank Personal Financial Manager

money well wasted

Written by AR from Omaha

Jan 30, 2008

It is a very poorly written piece of software: crashes regularly, does not display data properly (on occasions some items appear to be zero, after restarting go back to the originally introduced values) etc. On the top of that iBank has very limited possibilities when compared to MS Money or Quicken. Maybe version 3 will be better, but 2.3.12 is just pure headache and nonsense. (I am new to Mac OS and I am having second thoughts about my decision to switch: if all software written for Mac OS is of that quality I should think about taking my iMac back to the store.)

133 of 210 people found this useful

iBank Personal Financial Manager

Quite Poor

Written by DH from Cambridge

Feb 5, 2008

I thought this would be a simpler more effective alternative to quicken but I was very wrong. I tried to set this up on my Mac but finally gave up! $59.00 is sitting in the box in my desk drawer and I've gone back to quicken. Very disappointed

161 of 255 people found this useful

iBank Personal Financial Manager

Save Your Money

Written by MK from Richmond

Feb 6, 2008

This is a very basic database. I could get something more out of a few Excel spreadsheets than what this has to offer. Save your money

29 of 44 people found this useful

iBank Personal Financial Manager

Love it simple and easy to learn

Written by JB from Addison

Feb 8, 2008

Been using it for 2 months now and love it. Never had any problems with it on the Mac.
I also use iBiz with iBank. Recommend it to by clients who want something simple to use. I work with a lot of seniors who like short learning curves. Do not understand the low ratings by others. Perhaps they should have there Mac's serviced.

32 of 46 people found this useful

iBank Personal Financial Manager

Disappointing

Written by EP from New York

Feb 18, 2008

I've been using MS Money for several years and iBank can't do 98% of what Money can. Very disappointed at wasting money to buy this program, but no other financial management software for Mac is any good either.

180 of 281 people found this useful

iBank Personal Financial Manager

Not competitive with Quicken yet but getting there

Written by CO from Honolulu

Mar 7, 2008

The set up of accounts and downloads was easy. The page for selecting items to download is waaaay too tiny. Who can figure out what they're doing in a 2 inch space??

Categories were easy to select but the ones I added don't show up on the charts -- have to hand-add them. Too time consuming!

The Reconcile process is very confusing. Doesn't use the same Total Additions and Total Subtractions that banks use which make it easy to catch errors. Needs a short tutorial on how to reconcile.

Check writing and printing are easy enough. I hope the program is stable. Quicken on the Mac has been giving me problems for the past 10 months! May have to buy a PC just to get accurate financial records if this doesn't work.

36 of 45 people found this useful

iBank Personal Financial Manager

Waste of Money

Written by NH from Lexington

Mar 8, 2008

After using Microsoft money on a PC, iBank was very disappointing. Reconciling my account was no easier than using a paper and pencil.

32 of 51 people found this useful

iBank Personal Financial Manager

DON'T BUY THIS!!!

Written by TW from Oxford

Mar 20, 2008

I, regretfully purchased this. $60 purchase price. 3 weeks after i installed it, a pop-up asked if I wanted to download an update that was available. There is no mention of having to BUY the update. If you click yes, your software is hijacked ... unusabel ... until you provide a registration number that doesn't exist. A purchase number or serial number you can find, but they want a number from a company called Kagi that, in my experience, doesn't exist. After owning the product for 3 weeks, I had to cough up another $30 to free up my software. Guess what. I purchased the product twice and still never received a "registration number". I just got that pop-up again. I have had iBank 6 weeks now and they want another $30 for an update to fix the last update that I purchased 2 weeks ago. This company will continue to extort money from you. Buy another product from a better company.

49 of 69 people found this useful

iBank Personal Financial Manager

Waste of $$$$

Written by AS from Wassaic

Mar 31, 2008

This is a horrible product, I think I would have been better off throwing $60 out of the window. This product crashes every time I try to enter a transaction (and I know it's not my computer because it's brand new). I thought that this would be a good alternative to Quicken which I used on my PC before. Needless to say I'm going back to Quicken.

32 of 56 people found this useful

iBank Personal Financial Manager

iBank has great new features

Written by SA from eastford

Apr 1, 2008

I have been using iBank for several years and find it to be the best tool out there for keeping track of my finances. I load bank files to reconcile my bank accounts almost daily. I track credit cards, school loans, savings and investments and have made budgets to plan my finances. iBank is fast, intuitive easy to use.

42 of 60 people found this useful

iBank Personal Financial Manager

iBank better then Quicken?-----NO and NO AGAIN NO

Written by CG from Cookeville

Apr 2, 2008

I read a couple reviews about how good iBank was and that it was much better then Quicken. Having used Quicken and MS Money, I decided to give iBank a try. What a waste of money that turned out to be. You can't schedule a re-accruing deposit to happen on the 3 Wed. of a month in iBank or MS Money. Quicken allows for deposits and such to happen on a specific week and a day with in that week. It doesn't revert back the the numbered calendar day. So it is much more flexible.

51 of 88 people found this useful

iBank Personal Financial Manager

Finally, something to replace MS Money

Written by PH from Louisville

Apr 22, 2008

For the longest time, after switch to Mac, I lusted for a product with the same feature set as Microsoft Money.

I went as far as running Windows in Parallels so that I could run Microsoft Money.

With iBank 3, there is now a native application with a comparable feature set. Further, it's a Universal binary and it's UI is leaps and bounds ahead of Quicken for Mac.

I can download transactions from my banks via OFX Direct Connect, forecast balances, and see where I'm spending my money.

Sure there are a few bugs, but the vendor has been pretty quick and thorough in working with their customers to resolve problems.

I hope to see more refinement and analogs to MS Money's Planners and Wizards in the coming revisions.

Great job, IGG Software!

57 of 74 people found this useful

iBank Personal Financial Manager

Complete and solid product

Written by PM from Ithaca

Apr 24, 2008

I was looking for a long time (several months) for a decent banking software to manage my credit cards, my bank accounts, my budgets, ... I had tried several solutions: GNU Cash, Quicken, mvelopes.com, Moneydance, ...

iBank3 is the definitively the best one. As you may read in other comments, it may have less functionalities compared to Quicken (Quicken for Windows, not Quicken for Mac, which has less functionalities) and MSMoney but it has 90% of the basic functionalities you will need for you day-to-day money management, so that's enough, is well integrated in the Mac (the UI is awesome) and is solid.

The team is really proactive regarding bug fixes, improvements, ... (lots of upgrades)

In a nutshell: give it a try, it is definitively worth it.

90 of 107 people found this useful

iBank Personal Financial Manager

Not What You Are Looking For

Written by TM from kansas City

May 10, 2008

You are better of not knowing this product exists. Just ignore it and keep on moving to the next possibility. I consider myself to be very computer savvy, and was not asking too much. Like some of the other reviews, I experienced regular crashing, errors, and disappointing reports. I want my money and my time back. The stupid program won't even launch anymore.

34 of 57 people found this useful

iBank Personal Financial Manager

DOESN'T COME CLOSE

Written by CM from Raymondville

May 21, 2008

I am a long time user of MS Money. iBank doesn't even come close. iBank seems to crash on me all the time. I finally installed Parallels on my iMac and run MS Money through there. I wasted $59.00 on iBank and now the program just sits in a drawer cause Office Depot will on replace it with another copy of iBank. DO NOT BUY!

40 of 56 people found this useful

iBank Personal Financial Manager

Useless

Written by JN from Overland Park

Jun 4, 2008

I purchased iBank as a bundle with iBiz, software I use for billing & time management. iBiz isn't perfect, but I haven't found anything better.

Before purchasing, I checked to confirm that my banks allowed me to download data in .csv or .ofx formats. But a few months later, after I had actually purchased, when I tried to configure iBank I was in for a surprise.

Bank # 1 still allowed .csv download, but with separate entries for credit and debit which iBank doesn't support (!). Took me 30 minutes of trial and error to realize this.

Bank # 2 had discontinued .csv support in favor of .ofx, which they charge $ 9.95/month for. No way I'm paying that -- so iBank for me is useless.

TRY BEFORE YOU BUY!

47 of 61 people found this useful

iBank Personal Financial Manager

Finally, a personal finance product that works with iPhone!

Written by JL from Amherst

Jun 13, 2008

Currently this is the only non-web based banking software to work with iPhone. It requires .mac (soon to be MobileMe) to get working, but once set up you can use it like a check register on your iPhone and reconcile your accounts on your computer with lots of charts and other great ways of examining your spending. While there are some UI quirks and rough edges on the product it is by far the best personal finance manager for the Mac and iPhone. As an added bonus emails to their tech support team have received very quick responses and the forums on their website are very lively with lots of users helping each other out.

54 of 64 people found this useful

iBank Personal Financial Manager

only because I can't give it zero stars

Written by JM from Hatfield

Jul 2, 2008

this application is terrible. As a long time MS Money user who never had an issue with it, I find myself constantly correcting every transaction that I attempt to download. It has gotten to the point a couple times now where I found it easier to delete an account and reset it. I'm looking around for something else now. Avoid at all costs.

34 of 41 people found this useful