Comparison

FLASH Digital Banking vs Mortgage.IQ

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

FLASH Digital Banking

Manage your finances conveniently and securely with a digital bank account. Perform online banking, set budgets, automate savings, and invest to build wealth from your mobile device.

Highlights
  • Mobile bank account signup
  • Online banking functions
  • Budget setting and management
  • Automated savings plans
  • Investment options
Features
Read full description

Bank conveniently and securely with FLASH, Digital Bank Account introduced by Sri Lanka’s leading private bank, Commercial Bank of Ceylon Plc. We offer the simplest and most efficient way of managing your finances from anywhere, at anytime. Combining financial services with personal financial management tools, creating your own FLASH Digital Banking Account provides you with a simple, flexible way of building your wealth! FLASH allows you to: -Sign up for a bank account straight from your mobile phone -Perform online banking functions such as payments, balance check, bill pay and more. - Set and manage daily budgets - Plan and automate savings - Invest in term deposits, insurance and more to build your wealth.

About

Mortgage.IQ

This app helps you understand the financial implications of buying a home. It allows you to build and compare unlimited loan scenarios, visualizing your payments and total costs in real-time. Track key milestones and compare options side-by-side without needing spreadsheets.

Highlights
  • Unlimited loan scenario building
  • Real-time payment and cost updates
  • Side-by-side scenario comparison
  • Visualize financial data with charts
  • Track key loan milestones
  • On-device data processing
Read full description

Buying a home is the biggest financial decision of your life. MortgageIQ helps you make it with clarity — not guesswork. Build unlimited loan scenarios in seconds. Adjust home price, down payment, interest rate, loan term, and lender — then watch your monthly payment, total interest, and lifetime cost update in real time. When you're ready, save and compare every option side-by-side. WHAT YOU CAN DO Build scenarios for any loan type — 15-year fixed, 30-year fixed, 7/1 ARM, or 5/1 ARM. Each scenario stores the full picture: rate, term, down payment, property tax, and HOA. Visualize your money with four built-in charts: a payment breakdown donut showing exactly where each dollar goes; a full amortization curve with cumulative interest overlay; a stacked bar comparing total cost across all your scenarios; and a 10-year cumulative cost projection so you can see the real break-even between an ARM and a fixed rate. Track the milestones that matter — when PMI drops, when you hit 50% equity, when the loan is paid in full. Compare instantly. Switch to the Compare tab, select any two or more scenarios, and get a ranked table with the cheapest option highlighted. No spreadsheets required. MortgageIQ works entirely on-device. Your financial data never leaves your phone.

Screenshots

FLASH Digital Banking4 screens

Verdict

The call

The clearest difference is rating: Mortgage.IQ at 5.0 against FLASH Digital Banking's 3.1. FLASH Digital Banking's advantage is ratings volume (19 vs 1) and device support. On price, in-app purchases and monetization model 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Mortgage.IQ holds the better App Store score, 5.0 against 3.1. That said, the two scores are not equally well evidenced: FLASH Digital Banking has 19 ratings behind it against 1, so its average is the more settled of the two.

Scorecard4 real differences · 6 level
FLASH Digital Banking versus Mortgage.IQ: the parameters behind the verdict, then further details
ParameterFLASH Digital BankingMortgage.IQ
PriceFreeFree
Rating3.1 (19 ratings)5.0 (1 ratings) — better
Positive reviews16.7% of reviews—
Number of ratings19 — better1
Update frequencyEvery 2 months—
AdsNo—
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPod, Apple Watch — better—
Requires iOS15.6 — better26.2
Further details — not scored
Size95 MB1 MB
Age rating17+4+
DeveloperCommercial Bank of Ceylon PLCVijay Ambati

In-app purchases

None

FLASH Digital Banking

No in-app purchases

None

Mortgage.IQ

No in-app purchases

Questions

Is FLASH Digital Banking free?
FLASH Digital Banking is free to download, with no in-app purchases.
Is Mortgage.IQ free?
Mortgage.IQ is free to download, with no in-app purchases.
Which has better reviews, FLASH Digital Banking or Mortgage.IQ?
Mortgage.IQ is rated higher. FLASH Digital Banking averages 3.1 out of 5 from 19 ratings, while Mortgage.IQ averages 5.0 from 1 ratings.

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