# MyCredo vs Terabank

MyCredo and Terabank both sit at 4.7 stars, but that hides the real split: 100% of Terabank's written reviews are positive against 56% of MyCredo's. MyCredo's advantage is update cadence (every 8 days vs every 3 weeks). On price, rating, ratings volume and ads there is nothing between them.

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

On the App Store both sit at effectively the same score — 4.7 for MyCredo against 4.8 for Terabank. Both are backed by a comparable volume of ratings — 155 and 230 respectively. Written reviews are what separate them: 56% of MyCredo's written reviews are positive against 100% of Terabank's.

MyCredo ships an update every 8 days, Terabank every 3 weeks. Both last shipped on November 3, 2026.

## The numbers

| Metric | MyCredo | Terabank |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.7 (155 ratings)](https://appshunter.io/ios/app/mycredo-mobile-banking/id1535238816/reviews) | **[4.8 (230 ratings)](https://appshunter.io/ios/app/terabank/id1669238749/reviews)** |
| Number of ratings | 155 | **230** |
| Positive reviews | 56.3% of reviews | **100.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 8 days** | Every 3 weeks |
| Monetization | Free | Free |
| Size | 185 MB | 56 MB |
| Requires iOS | 15.1 | 15.1 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [JSC Credo Bank](https://appshunter.io/developer/1483595378) | [Terabank JSC](https://appshunter.io/developer/1513026337) |

## What reviewers say

### MyCredo

[App page](https://appshunter.io/ios/app/mycredo-mobile-banking/id1535238816)

Manage your finances with a modern, secure mobile banking application. Access all essential services, handle operations like currency exchange and loan applications, and manage savings and deposits with ease. Enjoy convenient banking from anywhere.

**Highlights:** Flexible home page interface, Comprehensive operations page, Digital loan applications, Commission-free utility payments, Modern savings management tools, International money transfers, Easy deposit management

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

**In-app purchases:** none

**What reviewers like**

- 🚀 Excellent mobile app
- 👍 Clean, fast, and easy to use
- 💎 Great design and functionality
- 👌 Simple, flexible, and reliable
- 🤩 Smooth and convenient banking experience

**What reviewers complain about**

- 🐛 Impossible to transfer money or change currency
- 🐛 Transactions history is a mess
- 🐛 Unable to log in after update
- 🐛 Forced updates break the app
- 🐛 Unreliable SMS codes and login issues

**Reported bugs**

- Login screen freezes
- Incompatible with older devices
- Forced updates break login functionality
- Incorrect balance display and currency conversion issues
- Inability to change cover image in settings

**Requested features**

- Add Western Union transfer option
- Implement monthly expense tracking by category
- Allow remote account closure
- Enable changing primary phone number remotely
- Provide English push notifications


### Terabank

[App page](https://appshunter.io/ios/app/terabank/id1669238749)

Manage your finances securely and conveniently from your mobile device. Access your accounts, make payments, transfer funds, and even apply for new banking products with an intuitive interface.

**Highlights:** Secure login with Face ID/Touch ID, Easy and scheduled payments, Open any type of account, Block or replace cards instantly, Domestic and international transfers, Effortless bill payments, Apply for banking products

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

**In-app purchases:** none


## Frequently asked questions

### Is MyCredo free?

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

### Is Terabank free?

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

### Which has better reviews, MyCredo or Terabank?

Terabank is rated higher. MyCredo averages 4.7 out of 5 from 155 ratings, while Terabank averages 4.8 from 230 ratings.

### Do MyCredo or Terabank have ads?

Neither MyCredo nor Terabank shows ads.

### Which is updated more often, MyCredo or Terabank?

MyCredo ships an update every 8 days, and Terabank every 3 weeks. Most recently, MyCredo was updated on November 3, 2026 and Terabank 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.*