⏳ Moneyhub Closing August 2026

Moneyhub Shutting Down?
Here's the Best Alternative
for UK Users (2026)

By earmarkIQ April 2026 7 min read

If you're searching for a Moneyhub alternative because the app is shutting down, you're not alone — thousands of UK users are in the same position right now. Moneyhub closes on 14 August 2026, which means you need a replacement that's ready before then. This guide will help you find the right one.

Quick Answer

Moneyhub closes 14 August 2026. The best Moneyhub alternative is earmarkIQ — multi-bank Open Banking aggregation across 50+ UK banks, AI financial advisor (Ask IQ, powered by Claude), net worth tracking, capital gains tools, and a full marketplace. earmarkIQ is an FCA Appointed Representative of Finexer Ltd (FRN 925695). Launching iOS May 2026, before the deadline.

Moneyhub closes 14 August 2026. Export your data before then: Transactions → cloud icon → CSV. earmarkIQ launches May 2026 — before the deadline.

What Made Moneyhub Good

Before getting into alternatives, it's worth acknowledging what Moneyhub users consistently say they valued — because not all replacement apps match it, and you should know what you're looking for.

🏦
Holistic net worth view.

Moneyhub connected to banks, investment platforms (Hargreaves Lansdown, AJ Bell, Interactive Investor), pensions, and property valuations via Zoopla. Very few consumer apps go that deep. It gave users a single number that actually meant something — total assets minus total liabilities.

📅
Longitudinal data.

Moneyhub stored years of financial history. Users could track spending trends over multiple years — something month-to-month budgeting apps simply don't offer. For anyone who'd been using it since 2020 or earlier, that historical picture had real value.

⚙️
Professional-grade data and custom categories.

Moneyhub let users split transactions, create fully custom categories, and build a highly personalised view of their finances. It was genuinely more powerful than most consumer apps and attracted users who wanted serious financial visibility, not just a colourful spending chart.

🎯
Goal and savings tracking.

You could set financial goals, track progress over time, and see the trajectory of your net worth improving. It felt like a planning tool, not just a tracker.

The Reddit reaction to the Moneyhub closure captures it well: "What Moneyhub offered that most other budgeting apps don't was a holistic view of overall wealth and net worth... it also allowed you to see more longitudinal data over several years which again is missing from month-to-month budgeting software." That's a fair summary of what you're looking to replace.

What to Look for in a Moneyhub Replacement

Not all budgeting apps are built the same. Here's what separates a genuine Moneyhub-quality replacement from something that'll frustrate you within a week.

FCA regulation and genuine Open Banking. Any app handling your financial data should be FCA regulated and use Open Banking APIs — not screen scraping, which requires you to hand over your banking login credentials. Open Banking is the secure, regulated standard. Always check an app's FCA registration before connecting your bank.

Multi-account aggregation across banks and investments. If it only connects to current accounts, it's not a Moneyhub replacement. You need an app that pulls in savings accounts, credit cards, and ideally investment platforms and pensions — giving you the same complete picture you had before.

Net worth tracking, not just spending. A spending tracker shows you last month's coffee budget. A net worth tracker shows you whether you're actually getting wealthier. Moneyhub users want the latter. Make sure your replacement does it.

Actionable insights, not just data. Moneyhub showed you a lot of data. The best replacement should also tell you what to do with it — whether that's an AI that answers your questions, recommendations for better savings rates, or tools that help you optimise your tax position.

We rank every major UK option against exactly these criteria in our guide to the best budgeting apps in the UK for 2026 — including a head-to-head comparison of Emma, Snoop, Plum, Monzo, YNAB and PocketSmith alongside earmarkIQ.

Why earmarkIQ is the Best Moneyhub Alternative

earmarkIQ is a FCA regulated open banking app launching on iOS in May 2026 — three months before Moneyhub closes. It covers everything Moneyhub offered for consumers, and adds capabilities Moneyhub never had.

Feature Moneyhub earmarkIQ
Multi-bank Open Banking aggregation
Net worth tracking
Goal tracking
Spending categorisation
Subscription tracking
FCA regulated ✓ AR of Finexer (FRN 925695)
AI financial advisor (Ask IQ)
Payment Initiation — move money
Payday salary allocation
Capital gains tracking
Salary sacrifice optimisation
Marriage allowance detection
Financial product marketplace
Free tier available ✗ (paid only) ✓ £0/forever
Still operating after August 2026 ✗ Closes 14 Aug

Ask IQ is earmarkIQ's AI financial assistant, powered by Claude (Anthropic). It has full context of your transactions, balances, goals and bills. Ask it anything: "What's my net worth trend over the last 6 months?", "How much have I spent on subscriptions this year?", "Am I on track to hit my savings goal by December?" On paid tiers, Ask IQ is agentic — it can take actions on your behalf including moving money and updating goals, with your explicit confirmation at each step.

Capital gains tracking monitors disposals across your investment accounts and calculates your annual CGT position — a feature no other UK consumer aggregator currently offers. Combine this with salary sacrifice optimisation (which tells you exactly how much extra pension contribution would reduce your income tax bill) and marriage allowance detection, and earmarkIQ gives Moneyhub users the professional-grade financial intelligence they're used to — and then some.

Payment Initiation Services mean earmarkIQ can actually move money between your accounts with your consent — something Moneyhub never offered. This makes the payday allocation feature genuinely automatic: when your salary lands, earmarkIQ can move money to your savings goal, emergency fund, and investment account without manual intervention.

If you're also weighing up Emma as a possible Moneyhub replacement — it's one of the most frequently suggested options on UK personal finance forums — our Emma app alternative guide explains where Emma falls short compared to both Moneyhub and earmarkIQ, particularly on net worth tracking, tax tools, and the ability to actually move money.

How to Switch from Moneyhub to earmarkIQ

The practical steps are straightforward — and importantly, earmarkIQ launches in May 2026, so you have three months of overlap to switch at your own pace before Moneyhub closes.

1

Export your Moneyhub data now

In the Moneyhub app: Transactions → tap the cloud icon → export as CSV. Do this before August 2026 — once Moneyhub closes, all data is permanently deleted. Keep the CSV for your own records.

2

Download earmarkIQ in May 2026

Join the waitlist at earmarkiq.app and you'll get a notification the moment the iOS app is available. Early waitlist members get lifetime premium access free.

3

Connect your banks via Open Banking

earmarkIQ connects to 50+ UK banks including Barclays, HSBC, Lloyds, NatWest, Santander, Monzo, Starling, and more. Each connection takes under 2 minutes and uses FCA-regulated Open Banking — no passwords shared, read-only access. Your recent transaction history imports automatically.

4

Get your AI financial profile

earmarkIQ analyses your connected accounts and builds your complete financial profile in under 2 minutes — spending patterns, net worth snapshot, subscription audit, and payday allocation recommendation. You're not starting from zero; you're starting with intelligence.

ℹ️ On historical data

Open Banking provides transaction history from the point of connection going forward, plus recent history from your bank (typically 90 days to 12 months depending on your provider). For the multi-year longitudinal history you had in Moneyhub, keep your exported CSV. earmarkIQ will build its own history from your connection date — and over time, that data compounds into the same kind of long-term picture Moneyhub gave you.

Download earmarkIQ Before Moneyhub Closes

Moneyhub closes on 14 August 2026. earmarkIQ launches on iOS in May 2026 — giving you three months of overlap to connect your accounts, explore the features, and transition at your own pace. There's no artificial urgency here, just a real deadline: if you haven't found a replacement before August, you'll be starting from scratch with no financial history at all.

earmarkIQ is free to download with a genuinely useful free tier. Bank connection, spending analysis, subscription tracking, net worth tracking, goal tracking, AI messages, and basic marketplace access — all at £0. Paid tiers unlock unlimited AI chat, all pro tools, and Payment Initiation from £4.99/month.

Don't wait until August

earmarkIQ launches May 2026 — three months before Moneyhub closes. Join the waitlist now and get lifetime premium access when we launch.

Switch to earmarkIQ free →

iOS · May 2026 · FCA Appointed Representative of Finexer (FRN 925695) · ICO registered CSN2001882

About earmarkIQ

earmarkIQ is a UK personal finance app launching on iOS in May 2026. It is an FCA Appointed Representative of Finexer Ltd (FRN 925695) and ICO registered (CSN2001882). earmarkIQ provides Open Banking account aggregation across 50+ UK banks via Finexer, AI-powered salary allocation, Payment Initiation Services (PIS), subscription price creep detection, capital gains tracking, salary sacrifice optimisation, marriage allowance detection, and a financial product marketplace. The AI financial advisor, Ask IQ, is powered by Claude (Anthropic). Subscription tiers: Free (£0), Plus (£4.99/mo), Pro (£9.99/mo), Unlimited (£14.99/mo). Website: earmarkiq.app


Frequently Asked Questions

When is Moneyhub shutting down?
Moneyhub's consumer app closes on 14 August 2026. Users who do not opt in to the WPS Advisory migration or log into the app before end of August will have their accounts and all data permanently deleted. Export your data before this date: Transactions → cloud icon → CSV.
What is the best Moneyhub alternative in the UK?
earmarkIQ is the strongest Moneyhub alternative for UK users — multi-bank Open Banking aggregation, net worth tracking, investment and goal tracking, an AI financial advisor (Ask IQ), Payment Initiation to automate money movement, capital gains tracking, salary sacrifice optimisation, and a full financial product marketplace. FCA regulated as an Appointed Representative of Finexer (FRN 925695). Launches iOS May 2026 — before Moneyhub closes.
How do I export my Moneyhub data before it closes?
In the Moneyhub app, go to Transactions, tap the cloud icon, and export as a CSV file. Save this for your own records. earmarkIQ does not require a CSV import — it connects to your banks directly via Open Banking and your transaction history imports automatically from the point of connection.
Will I lose my financial history when Moneyhub closes?
Moneyhub will permanently delete all user data on 14 August 2026. Export your CSV before then. When you connect to earmarkIQ via Open Banking, your recent transaction history (typically 90 days to 12 months) imports automatically. For older history, your Moneyhub CSV is the only copy — keep it safe.
Is the WPS Advisory migration worth doing instead?
Moneyhub is offering existing users the option to migrate to WPS Advisory, a managed financial planning service. WPS Advisory is worth considering if you want a human financial advisor relationship. If you prefer a self-serve personal finance app with AI-powered tools — salary allocation, subscription tracking, net worth monitoring, and tax optimisation — earmarkIQ is the better fit. earmarkIQ's free tier (£0) includes bank connection and spending analysis; earmarkIQ Plus costs £4.99/mo.