Folio vs ExpenseAI
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Folio
Securely store and organize all your essential cards and documents in one digital wallet. Scan IDs, passports, gift cards, loyalty cards, and travel passes for instant access anytime, anywhere. Features include automatic organization, expiry alerts, and secure cloud backup.
- Scan and store IDs, passports, and licenses
- Organize gift, loyalty, and membership cards
- Manage travel tickets and bookings
- Secure cloud backup and restore
- Expiry alerts for documents
- Encrypted storage for privacy
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Scan, store, and organize all your cards and documents in one secure digital wallet. Folio is a smart wallet app that helps you keep your IDs, passport, driver's license, gift cards, loyalty cards, rewards cards, and travel passes safely in one place. Access your essentials anytime, anywhere. STORE ALL YOUR CARDS IN ONE WALLET Folio works as a card organizer and card storage app, helping you find what you need in seconds. Replace bulky wallets and scattered apps with one card wallet: - Credit and debit cards - Gift cards and balances - Loyalty cards and rewards cards - Membership and store cards SMART ID & PASSPORT SCANNER Scan once and quickly copy and paste details when filling forms. Use Folio’s built-in scanner to securely store: - Passport - Driver's license - National and personal IDs SMART TRAVEL ORGANIZER Planning a trip just got easier. Folio now includes a powerful travel organizer that lets you upload your flight tickets, boarding passes, train tickets, hotel bookings, and entrance passes by uploading a PDF, an image, or simply forwarding a confirmation email. Your travel pass, itinerary, and documents are automatically organized into a clean, searchable timeline. Whether you’re managing a vacation calendar or a business trip schedule, Folio keeps every ticket and confirmation securely stored inside your virtual wallet. BACK UP IMPORTANT DOCUMENTS Protect your most important information from loss, theft, or device damage. Create an account to securely back up and restore your documents on another device whenever needed. ONE SCAN, INSTANT ACCESS Scan cards and documents with your phone and instantly access them anytime. No more searching through emails, photos, or multiple apps. SECURE BY DESIGN Your privacy comes first. Every card and document is individually encrypted. Only you can decrypt and view your data (not even Folio). We use top-tier, industry-standard, multi-layer AES 256-bit encryption and are SOC 2 certified. NEVER MISS A RENEWAL Set expiry alerts for your passport, driver's license, or ID and get notified before they expire. ACCESS WHEREVER YOU GO Whether you’re traveling with family or living on the move, keep your documents with you. Access medical insurance, birth certificates, and important records anytime, anywhere. CARRY LESS. DO MORE. Folio is your everyday wallet app and card app, designed to help you live lighter and stay organized. Keep everything that matters in one secure virtual wallet, and always within reach.
ExpenseAI
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1. Track daily finances by category: Monitor income/expenses with custom categories, enabling spending pattern identification and informed financial decisions. Visual summaries are ideal. 2. OCR receipt/statement capture: Extract text via OCR, store locally with original image. Optionally upload images to your Google Drive for backup and accessibility. 3. Keyword/date search: Quickly find records/receipts/statements by content keywords or specific creation dates/ranges for efficient review. 4. Cloud document download: Retrieve receipt/statement images from Google Cloud to your device for viewing, sharing, or offline access. 5. CSV export & local purge: Export data to CSV for external analysis. Purge older local records to free device storage with user control. 6. AI monthly financial analysis: Generative AI analyses monthly income/expenses, providing insights, identifying trends (e.g., overspending), and suggesting improvements in natural language. Terms of Use (EULA) - https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
Screenshots
Verdict
The clearest difference is in-app purchases: Folio at none against ExpenseAI's 2. Folio also leads on update cadence (every 8 days vs every 3 weeks). ExpenseAI's advantage is ads (none vs shown). On price, device support and iOS requirement 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. ExpenseAI sells 2 in-app purchases, starting at $5.99 per month. Folio asks for nothing beyond the download.
Folio ships an update every 8 days, ExpenseAI every 3 weeks. The most recent releases landed on November 8, 2026 and October 25, 2026 respectively.
| Parameter | Folio | ExpenseAI |
|---|---|---|
| Price | Free | Free |
| Rating | 4.7 (6.9K ratings) — better | — |
| Positive reviews | 63.6% of reviews | — |
| Number of ratings | 6.9K — better | — |
| Update frequency | Every 8 days — better | Every 3 weeks |
| Ads | Yes | No — better |
| In-app purchases | No — better | Yes |
| Monetization | Free with in-app purchases | — |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 15.0 | 14.0 — better |
| Further details — not scored | ||
| Size | 228 MB | 68 MB |
| Age rating | 4+ | 17+ |
| Developer | Folio Technologies Limited | Shu Wai Kwong |
Bugs and requests
Folio
Reported bugs
4 issues- App freezes or crashes when adding cards
- Photo capture not working as expected
- Inability to log in or access account
- Syncing issues between devices
Requested features
5 requests- Add ability to manually edit/rearrange cards
- Expand category options beyond just 'Other'
- Improve backup and restore functionality
- Add support for more ID/document types
- Integrate with Apple Wallet or other platforms
ExpenseAI
Not enough reviews yet to summarise bugs or requests.
In-app purchases
Folio
No in-app purchases
ExpenseAI
- ExpenseAI Monthly Subscription$5.991 Month
- ExpenseAI Annual Subscription$59.991 Year









