# bankNOW vs RefundIQ

The clearest difference is review sentiment: RefundIQ at 100% against bankNOW's 0%. RefundIQ also leads on rating (4.9 vs 2.8) and ads (none vs shown). bankNOW's advantage is in-app purchases (none vs 2). On price, ratings volume, device support and iOS requirement there is nothing between them.

Both are free to download. RefundIQ sells 2 in-app purchases, starting at $4.99 per month. bankNOW asks for nothing beyond the download.

RefundIQ holds the better App Store score, 4.9 against 2.8. Both are backed by a comparable volume of ratings — 6 and 11 respectively. Written reviews point the same way: 0% of bankNOW's written reviews are positive against 100% of RefundIQ's.

bankNOW ships an update every 7 months, RefundIQ every 10 days. The most recent releases landed on November 2, 2026 and November 5, 2026 respectively.

## The numbers

| Metric | bankNOW | RefundIQ |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [2.8 (6 ratings)](https://appshunter.io/ios/app/banknow/id1120681771/reviews) | **[4.9 (11 ratings)](https://appshunter.io/ios/app/refundiq/id6791152216/reviews)** |
| Number of ratings | 6 | **11** |
| Positive reviews | 0.0% of reviews | **100.0% of reviews** |
| In-app purchases | **No** | Yes |
| Ads | Yes | **No** |
| Update frequency | Every 7 months | **Every 10 days** |
| Monetization | **Ad-supported** | Free with in-app purchases |
| Size | 21 MB | 43 MB |
| Requires iOS | **15.0** | 16.4 |
| Devices | iPhone, iPod | iPhone, iPad |
| Age rating | 4+ | 17+ |
| Developer | [Nicolet National Bank](https://appshunter.io/developer/517812177) | [RefundIQ](https://appshunter.io/developer/6791152218) |

## What reviewers say

### bankNOW

[App page](https://appshunter.io/ios/app/banknow/id1120681771)

Manage your business finances conveniently and securely from your mobile device. Check balances, view transactions, deposit checks, and approve pending transfers like ACH and wire transfers. Get started by contacting your bank's treasury management team.

**Highlights:** Check account balances, View transaction history, Deposit checks via photo, Transfer funds between accounts, Approve pending transactions, Receive approval alerts

**Features:** Vision Pro support

**In-app purchases:** none


### RefundIQ

[App page](https://appshunter.io/ios/app/refundiq/id6791152216)

Automatically tracks refunds, store credits, and travel vouchers from online purchases. It connects to your credit cards to verify amounts and flags overdue refunds, even following up with merchants on your behalf. Never lose money to forgotten credits or delayed reimbursements again.

**Highlights:** Automatic refund confirmation scanning, Credit card matching for refund verification, Store credit balance tracking with expiration alerts, Travel and airline credit management, Subscription charge monitoring, Automatic merchant follow-ups for overdue refunds

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| RefundIQ Power Shopper | $4.99 | per month |
| RefundIQ Power Shopper | $47.99 | per year |


## Frequently asked questions

### Is bankNOW free?

bankNOW is free to download, with no in-app purchases.

### Is RefundIQ free?

RefundIQ is free to download, with in-app purchases available.

### Which has better reviews, bankNOW or RefundIQ?

RefundIQ is rated higher. bankNOW averages 2.8 out of 5 from 6 ratings, while RefundIQ averages 4.9 from 11 ratings.

### Do bankNOW or RefundIQ have ads?

bankNOW shows ads; RefundIQ does not.

### Which is updated more often, bankNOW or RefundIQ?

bankNOW ships an update every 7 months, and RefundIQ every 10 days. Most recently, bankNOW was updated on November 2, 2026 and RefundIQ on November 5, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*