# Paymaster vs MySpend

The clearest difference is rating: MySpend at 5.0 against Paymaster's 4.0. MySpend also leads on review sentiment (100% vs 63%). Paymaster's advantage is ratings volume (4 vs 1). On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. Paymaster sells 4 in-app purchases, starting at $2.99 per month and MySpend sells 5 in-app purchases, starting at $0.99 per 7 days. Whichever you choose, the download price is not the number that matters.

MySpend holds the better App Store score, 5.0 against 4.0. Both are backed by a comparable volume of ratings — 4 and 1 respectively. Written reviews point the same way: 63% of Paymaster's written reviews are positive against 100% of MySpend's.

Paymaster ships an update monthly, MySpend every 3 weeks. The most recent releases landed on October 15, 2026 and October 7, 2026 respectively.

## The numbers

| Metric | Paymaster | MySpend |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.0 (4 ratings)](https://appshunter.io/ios/app/paymaster-my-spending-tracker/id1462048413/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/myspend-shared-budget-tracker/id6446052184/reviews)** |
| Number of ratings | **4** | 1 |
| Positive reviews | 62.5% of reviews | **100.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Monthly | **Every 3 weeks** |
| Monetization | Freemium | Free with in-app purchases |
| Size | 135 MB | 45 MB |
| Requires iOS | **15.0** | 15.1 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Sergey Kolyoskin](https://appshunter.io/developer/1462048412) | [Vadim Holub](https://appshunter.io/developer/1675678220) |

## What reviewers say

### Paymaster

[App page](https://appshunter.io/ios/app/paymaster-my-spending-tracker/id1462048413)

Take control of your finances with this app. Track expenses and income across multiple currencies, plan budgets, and analyze spending patterns. It offers features like SMS transaction import and payment reminders to help you manage your money effectively.

**Highlights:** Expense and income tracking, Budget planning, Multi-currency support (170+), Transaction creation from SMS, Scheduled payment reminders, Graphical reports, Configurable categories

**Features:** macOS Compatibility

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| "SAVE UP" monthly plan | $2.99 | per month |
| "MANAGE" monthly plan | $5.99 | per month |
| "SAVE UP" yearly plan | $17.99 | per year |
| "MANAGE" yearly plan | $35.99 | per year |


### MySpend

[App page](https://appshunter.io/ios/app/myspend-shared-budget-tracker/id6446052184)

Effortlessly track personal or shared expenses with this finance app. It offers quick transaction logging, multiple wallet options, and customizable categories. Share specific spending categories with others via a simple link for collaborative budgeting.

**Highlights:** Quick expense logging, Multiple wallet support, Customizable spending categories, Shareable expense links, Real-time sync for shared budgets, Visual spending analytics

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

**In-app purchases (5)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Weekly Subscription | $0.99 | per 7 days |
| Monthly Subscription | $2.99 | per month |
| Annual Subscription | $14.99 | per year |
| Forever without Subscription | $34.99 | per 6 months |
| Forever without Subscription | $39.99 | one-time |


## Frequently asked questions

### Is Paymaster free?

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

### Is MySpend free?

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

### Which has better reviews, Paymaster or MySpend?

MySpend is rated higher. Paymaster averages 4.0 out of 5 from 4 ratings, while MySpend averages 5.0 from 1 ratings.

### Do Paymaster or MySpend have ads?

Neither Paymaster nor MySpend shows ads.

### Which is updated more often, Paymaster or MySpend?

Paymaster ships an update monthly, and MySpend every 3 weeks. Most recently, Paymaster was updated on October 15, 2026 and MySpend on October 7, 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.*