EILA Expense Tracker vs BalanceWise
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
EILA Expense Tracker
This app helps you manage your finances by tracking expenses, income, loans, and assets. Visualize your spending with charts and reports to gain control over your money and plan for future financial goals.
- Track expenses, income, loans, and assets
- Create periodic and rollover budgets
- Manage recurring transactions
- Password and biometric lock
- Generate graphs, charts, and reports
- Import/export data
- Dark and light mode
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EILA is a smart and simple finance manager to keep track of Expenses, Income, Liabilities, and Assets. With just a few clicks you add an expense, income, liability, or an asset and let EILA take care of the rest, be it showing in various groupings, creating graphs/charts, or generating reports. With EILA you know where the money goes, what are your savings and assets, what do you owe others, means you are in full control of your finances. Key Features: • No account or signups needed, just download the app and start using it • Manage transactions in 4 main categories Expenses, Income, Liabilities, and Assets. Each main category has sub-categories e.g. Groceries, Salary, Health, House etc. • Periodic and rollover Budgets • Recurring Transactions • Track Loans and Loan Payments • Track Assets and Asset Sales • Retirement Simulator • Currency converter • Organize transactions into accounts e.g. Bank Account, Cash, Credit Card, Debit Card, Prepaid Card etc • Password & Biometric Lock • Filter and display transactions by category and sub-category • Custom Transaction Categories • Hidden categories, for privacy • Hide amounts, for privacy • Beautiful graphs/charts • Enter transactions in almost any currency • Auto conversion from one currency transaction to the main currency. Note: internet access is needed to download currency rates • Transfer between accounts • Manual and Auto Backups, so you don’t lose data if the phone is damaged, lost or changed. Note, only if backups are enabled and backup was run on the device • Import/Migrate data from other similar Apps e.g. Monefy, Spendee, etc. Note, import is an experimental feature it might not be 100% accurate, it also depends on the files generated by EILA and other Apps • Export to CSV • Give it a personal touch by changing graphic colors • Dark and Light mode • You are in control of your data, the data is only saved on your device, it doesn’t reach our servers. Note, when you enable backups the backup is stored in your cloud service provider in your own account • Simple to use • Your Local Language support. Help us translate in your language • Your suggestions are most welcome Note: This app does not provide financial services, personal finance products, or banking services of any kind. Additionally, nothing within the app should be considered financial advice. All data is either manually entered by you or imported from other apps or files. We prioritize your privacy: • Your data is stored locally on your device and never sent to our servers • If you enable optional cloud backup, your data is securely stored in your chosen backup service Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/
BalanceWise
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BalanceWise — Smart, Simple Money Management Take control of your finances with BalanceWise. Whether you’re tracking daily spending, managing bills, or monitoring your accounts, BalanceWise gives you a clear, simple view of your money all in one place. Track Every Dollar Easily log expenses and income or import transactions directly from your bank. See exactly where your money is going with a clean, organized dashboard. Secure Bank Connections Connect your accounts using trusted bank integrations. Transactions sync automatically so you always have up-to-date financial data without manual work. Never Miss a Bill Stay ahead of your finances with built-in bill tracking and reminders. Know what’s due and when so you can avoid late fees and stay organized. Household Budgeting Manage finances across your household. Assign expenses, track shared spending, and stay aligned on your financial goals together. Clear Financial Overview Get a real-time snapshot of your spending, upcoming bills, and account activity from one intuitive dashboard. Built with Privacy in Mind Your data stays yours. BalanceWise uses secure authentication and trusted integrations. We never store your bank login credentials. Designed for Simplicity No clutter. No confusing charts. Just the tools you need to understand your finances and make better decisions. What’s Coming Next We’re continuously improving BalanceWise with new features like enhanced insights, smarter categorization, and more customization options. Terms of Use: https://bwise.tnds.io/termsofservice
Screenshots
Verdict
The clearest difference is ads: BalanceWise at none against EILA Expense Tracker's shown. BalanceWise also leads on update cadence (weekly vs every 5 weeks). On price, in-app purchases, device support and iOS requirement 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
Both are free to download. EILA Expense Tracker sells 4 one-off in-app purchases and BalanceWise sells 2 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.
EILA Expense Tracker ships an update every 5 weeks, BalanceWise weekly. The most recent releases landed on September 23, 2026 and October 12, 2026 respectively.
| Parameter | EILA Expense Tracker | BalanceWise |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (1 ratings) — better | — |
| Positive reviews | 50.0% of reviews | — |
| Number of ratings | 1 — better | — |
| Update frequency | Every 5 weeks | Weekly — better |
| Ads | Yes | No — better |
| In-app purchases | Yes | Yes |
| Monetization | Free with in-app purchases | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.6 | 15.6 |
| Further details — not scored | ||
| Size | 47 MB | 4 MB |
| Age rating | 4+ | 4+ |
| Developer | Absar Shah | Juan Marroquin |
In-app purchases
EILA Expense Tracker
- 1000 coins$1.99
- 3000 coins$5.99
- 6000 coins$9.99
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- 10000 coins$17.99
BalanceWise
- BalanceWise Pro$4.991 Month
- BalanceWise Pro Annual$47.991 Year
Questions
Is EILA Expense Tracker free?
Is BalanceWise free?
Do EILA Expense Tracker or BalanceWise have ads?
Which is updated more often, EILA Expense Tracker or BalanceWise?
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