Comparison

Meniga vs Arion banki

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

Head to head
About

Meniga

Effortlessly track and manage your finances with insights and budgeting tools. Discover personalized cash-back offers and gain a clear view of your spending across all your bank accounts. Securely manage your money with bank-level protection.

Highlights
  • Effortless money tracking and fun facts
  • Personalized cash-back offers
  • Transaction insights and spending visualization
  • Insightful financial notifications
  • Powerful budgeting tools
  • Manage all financial accounts in one place
  • Bank-like security measures
Features
Read full description

Meniga is an award winning fun, free, smart and secure way to keep track and manage your finances. Meniga’s personal finance management solution is the winner of multiple awards for design and user experience, including Best of Show at Finovate Europe 2011 and 2013. Highlights * Tracking and fun facts about your money with zero effort in the Meniga feed * Highly relevant cash-back offers based on your actual spending * Every transaction gives you an insight into your total spend at Merchant and within the associated category * Insightful notifications about your financial life that help you keep your finances healthy * Powerful budgeting tools that help you visualise, define and reach your goals * Naturally engage with your transactions by adding notes and keywords for future searches * Manage all your financial accounts from all your banks in one place (checking, savings, credit cards, investments, and retirement) * Bank-like security measures and 3rd party certifications that ensure your financial information is always safe * Available in English and Icelandic Intended for users in Iceland Meniga is the leading personal finance management site for users with bank accounts in Iceland. If you don’t already have an account you can sign up at www.meniga.is or by downloading the app. Explore Meniga further by checking out our website: http://www.meniga.is http://www.facebook.com/meniga/info About Meniga The Meniga PFM solution is currently used by millions of users in 14 banks in 13 countries, with multiple banks in the process of implementing the solution. Meniga has become Europe’s leading PFM provider. The solution is currently being implemented in 21 countries, and more countries are already scheduled to be added in partnership with retail banks and financial institutions around the world.

About

Arion banki

This banking app offers comprehensive financial management tools, including account overviews, savings plans, and investment trading. Users can also apply for loans, manage cards, and access pension information. It provides convenient banking services for everyone, regardless of their existing relationship with the bank.

Highlights
  • Account management
  • Savings and investment tools
  • Loan applications
  • Card management
  • Pension tracking
  • Cross-bank account viewing
  • Secure transactions
Features
Read full description

Okkur finnst að allir eigi að geta notað besta bankaapp á Íslandi. Þess vegna er Arion appið nú opið öllum. Hvort sem þú ert í reglulegum viðskiptum við Arion banka eða ekki getur þú sótt appið, stofnað reikninga, byrjað reglulegan sparnað og séð reikningana þína í öðrum bönkum. Þægilegri bankaþjónusta fyrir alla.   Verðbréfaviðskipti eru komin í appið Viðskipti með sjóði og hlutabréf hafa aldrei verið einfaldari. Fjárfestu í sjóðum og hlutabréfum með nokkrum smellum og fáðu frábæra heildarsýn og ítarupplýsingar um stöðu þinna fjárfestinga.   Lífeyrismál Í Arion appinu býðst þér einstök yfirsýn yfir lífeyrissparnaðinn þinn. Ef þú ert ekki með viðbótarsparnað hjá Arion banka eða Frjálsa lífeyrissjóðnum nú þegar getur þú stofnað hann í Appinu með nokkrum smellum. Þú getur einnig stofnað skyldusparnað hjá Frjálsa lífeyrissjóðnum og sameinað séreignarsparnað með einföldum hætti ásamt fleiri aðgerðum.   Fjármálin mín Fjármálin mín í Arion appinu gefa þér einstaka yfirsýn yfir stöðuna. Hvar peningarnir eru og í hvað þeir fara. Nú er bæði auðveldara og skemmtilegra að skipuleggja og skoða fjármálin.   Núlán Þarftu að brúa bilið í skamman tíma? Nú getur þú tekið Núlán í Arion appinu, hvort sem þú ert í föstum viðskiptum við Arion banka eða ekki. Lánin eru að hámarki til 5 ára og ef upphæðin er undir tveimur milljónum þarftu ekki greiðslumat.   Reglulegur sparnaður Það er einfalt og fljótlegt að byrja að spara í Arion appinu um leið og þér dettur það í hug. Þú setur þér markmið, byrjar að spara og draumarnir færast nær í hverjum mánuði.   Í Arion appinu er hægt að: - Stofna debet- og kreditkort. - Sækja um Núlán. - Stofna sparnaðarreikninga. - Borga með símanum. - Kaupa tryggingar hjá Verði. - Sjá kort og reikninga hjá öðrum bönkum. - Sjá PIN númer debet- og kreditkorta. - Millifæra. - Dreifa reikningum og kreditkortareikningum. - Greiða inn á kort. - Fylgjast með stöðu og færslum debet- og kreditkorta. - Sjá yfirlit yfir og greiða ógreiddar kröfur. - Sjá yfirlit yfir rafræn skjöl. - Greitt erlendum viðtakanda - Fá sendar tilkynningar (e. notifications) um greiðslur inn á reikninga. - Fá tilkynningu ef reikningar fara á eindaga. - Sjá stöðu verðbréfasafna ásamt því að stunda viðskipti með sjóði og hlutabréf. - Breyta heimild á debet- og kreditkortum. - Frysta/virkja kreditkort. - Fylgjast með stöðu lífeyrissparnaðar og þróun inneignar frá upphafi. - Sækja um viðbótarslífeyrissparnað og byrja að spara, t.d. fyrir íbúð eða til að greiða inn á lán.   … og margt fleira. Þú getur stundað öll helstu bankaviðskipti í Arion appinu.   ———   We think that anyone should be able to use the best banking app in Iceland. That’s why the Arion App has been made available for anyone. Whether or not you are a regular customer of Arion Bank, you can download the App, open an account, start making regular savings and apply for a consumer loan. Convenient banking for everyone.   Consumer Loans Do you need to bridge a gap? You can now get a consumer loan using the Arion App, regardless of whether you are a customer of Arion Bank. Maximum loan period of 5 years and if the loan is less than ISK 2 million you don't need to undergo a credit appraisal.   Regular savings Saving money using the Arion App is simple and quick. Set yourself a goal, start saving and every month you move one step closer to your dream.   In the Arion app, you can:   - Transfer money. - Spread credit card bills. - Pay off a credit card bill. - Top up mobile phone. - Check your account balance and transactions on debit and credit cards. - View statements and pay unpaid bills. - View electronic documents, send them by e-mail or print them. - View PIN numbers for debit and credit cards. - Receive notifications that payments have been made into an account. - Receive notifications such as “payment unsuccessful” or “exceeded overdraft limit”. - View securities portfolios and invest in stocks and funds. - Change credit card limit. - Freeze/Activate credit cards. - Change overdraft limit.

Screenshots

Meniga4 screens
Arion banki4 screens

Verdict

The call

The clearest difference is review sentiment: Arion banki at 73% against Meniga's 33%. Arion banki also leads on rating (4.2 vs 3.7) and update cadence (every 10 days vs every 2 months). Meniga's advantage is iOS requirement (10.0 vs 17.0). On price, ads, 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

Arion banki holds the better App Store score, 4.2 against 3.7. Both are backed by a comparable volume of ratings — 10 and 31 respectively. Written reviews point the same way: 33% of Meniga's written reviews are positive against 73% of Arion banki's.

UpkeepUpdate frequency

Meniga ships an update every 2 months, Arion banki every 10 days. The most recent releases landed on October 29, 2026 and October 24, 2026 respectively.

Scorecard5 real differences · 5 level
Meniga versus Arion banki: the parameters behind the verdict, then further details
ParameterMenigaArion banki
PriceFreeFree
Rating3.7 (10 ratings)4.2 (31 ratings) — better
Positive reviews33.3% of reviews72.7% of reviews — better
Number of ratings1031 — better
Update frequencyEvery 2 monthsEvery 10 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPod — betteriPhone
Requires iOS10.0 — better17.0
Further details — not scored
Size85 MB159 MB
Age rating4+9+
DeveloperMenigaArion banki hf

Customer experience

Meniga

All ratings10 ratings
Positive70.0%
Neutral10.0%
Negative20.0%
Written reviews9 reviews
Positive33.3%
Neutral0.0%
Negative66.7%

Arion banki

All ratings31 ratings
Positive83.9%
Neutral3.2%
Negative12.9%
Written reviews22 reviews
Positive72.7%
Neutral9.1%
Negative18.2%

In-app purchases

None

Meniga

No in-app purchases

None

Arion banki

No in-app purchases

Questions

Is Meniga free?
Meniga is free to download, with no in-app purchases.
Is Arion banki free?
Arion banki is free to download, with no in-app purchases.
Which has better reviews, Meniga or Arion banki?
Arion banki is rated higher. Meniga averages 3.7 out of 5 from 10 ratings, while Arion banki averages 4.2 from 31 ratings.
Do Meniga or Arion banki have ads?
Neither Meniga nor Arion banki shows ads.
Which is updated more often, Meniga or Arion banki?
Meniga ships an update every 2 months, and Arion banki every 10 days. Most recently, Meniga was updated on October 29, 2026 and Arion banki on October 24, 2026.

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