Privacy.com vs Cake Wallet
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Privacy.com
Safeguard your online transactions by creating virtual payment cards. Protect your actual financial details from compromised cards, unexpected charges, and recurring subscription fees. Enjoy enhanced security and control over your spending with customizable limits and real-time monitoring.
- Create virtual payment cards
- Merchant-locked cards
- One-time-use cards
- Customizable spending limits
- Real-time transaction monitoring
- Pause/unpause/close cards
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Stop exposing your credit or debit card information and protect your online payments with Privacy. Join over 250,000 users who have saved millions of dollars by using Privacy to block unwanted charges from compromised cards, overcharging, hidden fees, and forgotten subscriptions. Getting started with Privacy is simple: create your account, verify your information, securely link your bank account or debit card, and request your first virtual card. Start shopping and enjoy the added layer of protection Privacy provides to protect you from payment card theft and fraud. Benefits: - Shield your true financial information: Our Privacy Cards mask your debit card or bank account number to help protect you from card theft and fraud. Pay with greater privacy and security anytime, anywhere on desktop or on mobile. - Create merchant-locked and one-time-use cards: Our cards automatically "lock" to the first merchant they are used at, so if the merchant is ever breached, the card number can never be used anywhere else. You can also create one-time-use cards that automatically close after a single transaction. - Take complete control over your spending: Set customizable spending limits to prevent overcharging and block hidden fees—perfect for managing subscriptions and recurring expenses. If a transaction goes over the limit, we will automatically decline it. - Leverage real-time transaction monitoring: Receive notifications any time a Privacy Card is used. Easily pause, unpause, and close Privacy Cards any time with just one push of a button. Privacy’s core product is free to use on domestic transactions, because, like other card companies, we collect transaction fees from merchants. Privacy Cards can be used at most merchants that accept credit and debit cards. The security of our users’ personal information and data is critical to everything that we do at Privacy. You can review our security policies at https://privacy.com/security. Read about us in Forbes, Wirecutter, and The Wall Street Journal! For support, questions, or more information, please contact us at support@privacy.com.
Cake Wallet
Manage your cryptocurrency with a secure, non-custodial wallet. Easily store, send, receive, and exchange digital assets with built-in privacy tools and exchange functionality. Focus on your crypto without complex technical details.
- Non-custodial crypto storage
- Built-in cryptocurrency exchange
- Cross-chain swaps
- Buy and sell crypto
- Privacy tools (Silent Payments, Payjoin)
- Hardware wallet support
- Tor integration
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Cake Wallet let's you easily and safely store, send, receive, and exchange your cryptocurrency. We've been making the hard things easy since 2018 so you can focus more on what matters and less on the technical details of crypto by providing intuitive privacy tools, cross-chain swaps, buying and selling crypto, powerful hardware wallet support, and much more at your fingertips. TRUSTLESS SOFTWARE - Open source & non-custodial means you have complete control over your private keys and digital assets SIMPLE SELF-CUSTODY - All your wallets and crypto with just one seed - Powerful backup features let you easily save and restore Cake Wallet with a few taps BUILT-IN EXCHANGE - Easily swap XMR, BTC, ETH, LTC, USDT and many more cryptocurrencies without limits - No crypto? No problem. We make buying your first crypto easy, with support for all major payment methods and cryptocurrencies EASY PAYMENTS - Send & receive crypto with a tap, and use Cake Pay to seamlessly spend your crypto in everyday life, just like cash - Easily send and receive with just a username, including ENS, Unstoppable Domains, FIO, and many more PRIVACY AND SECURITY MADE EASY - Powerful Bitcoin privacy tools like Silent Payments and Payjoin - Best-in-class Monero support - First mobile wallet with Litecoin MWEB support - Native Tor integration for powerful network-level privacy - No account necessary, no logging, no analytics, just pure privacy ADVANCED FEATURES - Full support for background sync, multiple wallets, accounts, hardware wallets, and much more
Screenshots
Verdict
The clearest difference is monetization model: Cake Wallet at free against Privacy.com's free with in-app purchases. Cake Wallet also leads on update cadence (every 6 days vs every 4 weeks) and rating (4.7 vs 4.5). On price, ratings volume, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Cake Wallet holds the better App Store score, 4.7 against 4.5. Both are backed by a comparable volume of ratings — 7.2K and 4.2K respectively. Written reviews point the same way: 39% of Privacy.com's written reviews are positive against 51% of Cake Wallet's.
Privacy.com ships an update every 4 weeks, Cake Wallet every 6 days. The most recent releases landed on October 24, 2026 and October 25, 2026 respectively.
| Parameter | Privacy.com | Cake Wallet |
|---|---|---|
| Price | Free | Free |
| Rating | 4.5 (7.2K ratings) | 4.7 (4.2K ratings) — better |
| Positive reviews | 39.0% of reviews | 51.2% of reviews — better |
| Number of ratings | 7.2K — better | 4.2K |
| Update frequency | Every 4 weeks | Every 6 days — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free with in-app purchases | Free — better |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod, Mac — better |
| Requires iOS | 15.1 | 15.0 — better |
| Further details — not scored | ||
| Size | 55 MB | 353 MB |
| Age rating | 4+ | 4+ |
| Developer | Pay With Privacy, Inc. | Cake Technologies, LLC |
Customer experience
Privacy.com
Cake Wallet
Bugs and requests
Privacy.com
Reported bugs
5 issues- Half of the time I cannot open the app after it was closed as FaceID is broken and disables keyboard entry
- Automatically pausing cards set up for annual payments
- Transactions being authorized multiple times on one-time use cards
- App crashing issues
- Compatibility issues with newer debit cards
Requested features
6 requests- Ability to search transactions by dollar amount
- Option to hide closed cards
- Ability to preload cards for budgeting
- Option to set cards back to no limit
- Landscape mode support
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- Browser extension
Cake Wallet
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Privacy.com
No in-app purchases
Cake Wallet
No in-app purchases









