# Carpay vs BMG Money

The clearest difference is rating: Carpay at 4.8 against BMG Money's 3.3. Carpay also leads on ratings volume (4.9K vs 151). BMG Money's advantage is update cadence (fortnightly vs every 5 weeks). On price, review sentiment, ads and in-app purchases there is nothing between them.

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

Carpay holds the better App Store score, 4.8 against 3.3. That said, the two scores are not equally well evidenced: Carpay has 4.9K ratings behind it against 151, so its average is the more settled of the two. Written reviews split almost evenly too, at 44% and 44% positive.

Carpay ships an update every 5 weeks, BMG Money fortnightly. The most recent releases landed on November 2, 2026 and November 3, 2026 respectively.

## The numbers

| Metric | Carpay | BMG Money |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (4.9K ratings)](https://appshunter.io/ios/app/carpay/id1440081995/reviews)** | [3.3 (151 ratings)](https://appshunter.io/ios/app/bmg-money/id1629499701/reviews) |
| Number of ratings | **4.9K** | 151 |
| Positive reviews | **44.4% of reviews** | 44.2% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 5 weeks | **Fortnightly** |
| Monetization | Free | Free |
| Size | 33 MB | 148 MB |
| Requires iOS | 15.1 | **15.0** |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 17+ |
| Developer | [CarPay, Inc.](https://appshunter.io/developer/1440081994) | [BMG Money Inc.](https://appshunter.io/developer/1629499703) |

## What reviewers say

### Carpay

[App page](https://appshunter.io/ios/app/carpay/id1440081995)

Easily manage your car loan on the go. Make payments, view balances, and schedule automatic payments. Receive timely notifications to stay on top of your loan.

**Highlights:** Make loan payments, Print receipts, Check account balances, Schedule autopay, Enable notifications

**In-app purchases:** none

**What reviewers like**

- ⭐ Convenient and easy to use
- ⭐ Secure payment method
- ⭐ Helpful for making car payments remotely

**What reviewers complain about**

- 💰 Excessive and unexpected fees
- 🔒 Security issues with login and payment processing
- 🐛 Buggy and unreliable app functionality

**Reported bugs**

- Login credentials being deleted after app updates
- Inability to make payments through the app
- App failing to load user information

**Requested features**

- Ability to view payment history and remaining balance
- Option to set up automatic payments without fees
- Improved customer support and responsiveness


### BMG Money

[App page](https://appshunter.io/ios/app/bmg-money/id1629499701)

Access personal loans designed for employees and retirees, with amounts from $500 to $10,000. Offers quick loan decisions and funding, even without a FICO score. Ideal for those seeking to improve their credit or needing funds quickly.

**Highlights:** Loans from $500-$10,000, No FICO credit score required, Loan offers in minutes, Higher acceptance rate, Instant funding available, APR from 16.99%-35.99%, Referral program for extra cash

**In-app purchases:** none

**What reviewers like**

- 👍 Great customer service (Claudia L, Silvia A, Brandon, Wilver B, Kevin O, Ammy V, Aime U, Tabitha, Deborah, Gianni)
- 🚀 Quick deposits
- 🚀 Fast and easy loan process
- 👍 Helpful for people with less than perfect credit
- 👍 Made loan process stress-free

**What reviewers complain about**

- 🐛 App worthless now
- 🐛 Not what it used to be
- 🐛 Unable to log in through the app
- 🐛 App won't reload successfully
- 🐛 App displays inaccurate information

**Reported bugs**

- Unable to log in through the app
- App won't reload successfully
- App displays inaccurate information
- App is reporting negatively on credit
- Error when logging into the app or online

**Requested features**

- Add Walgreens to employer list
- Fix bug with Truv linking work account
- Update app for more accurate payment dates
- Provide more bonus for sharing referral link
- Increase refinance bonus amount


## Frequently asked questions

### Is Carpay free?

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

### Is BMG Money free?

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

### Which has better reviews, Carpay or BMG Money?

Carpay is rated higher. Carpay averages 4.8 out of 5 from 4.9K ratings, while BMG Money averages 3.3 from 151 ratings.

### Do Carpay or BMG Money have ads?

Neither Carpay nor BMG Money shows ads.

### Which is updated more often, Carpay or BMG Money?

Carpay ships an update every 5 weeks, and BMG Money fortnightly. Most recently, Carpay was updated on November 2, 2026 and BMG Money on November 3, 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.*