Comparison

MagNet Bank vs NextBill

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

Head to head
About

MagNet Bank

Manage your finances on the go with this mobile banking app. Track transactions, make transfers, manage cards and deposits, and find nearby branches or ATMs. Receive instant push notifications for all completed transactions.

Highlights
  • Track and search transactions
  • Initiate money transfers
  • Manage bank card limits and block cards
  • Review and manage term deposits
  • Find ATM and branch locations
  • Receive push notifications for transactions
  • Inbuilt foreign currency converter
Features
Read full description

Finances at the touch of a button! Log into your own internet bank and start mobile banking! By the help of this application, you will have access to the most commonly used functions of internet banking. - follow your bank account transactions, search through your transactions - start money transfers - modify your bank card limit and, if necessary, block your bank card - review, place and withdraw term deposits - view availability and opening hours of ATMs / MagNet branches - the application sends a push message on each completed transaction - use our inbuilt foreign currency converter

About

NextBill

Features
Read full description

The company dinner. The group trip. Apartment utilities. NextBill does the math, splits the bill fairly, and tracks who's paid — so nobody has to be that person on the group chat. • Pay with GCash, BPI, Maya or your bank app: one tap saves the payee's QR to your photos and copies the amount, then shows where to upload it in your app. • Scan a receipt and the total, VAT and service charge fill themselves in. • Split equally or by exact amount, percentage, share or item. • Invite friends with your group's link by WhatsApp, Messenger, Viber or SMS. • No email? Add people by name, like Lola, and mark what they pay. • Bills in 150+ currencies, for every trip. • Works offline: add a bill with no signal, and it's sent when you're back online. • See who owes who across your groups, and settle up in the fewest transfers. • Get a notification the moment someone pays you back. NextBill isn't affiliated with these banks or wallets. NextBill Pro — optional subscription • NextBill Pro (Monthly) — ₱99/month (US$2.49) • NextBill Pro (Annual) — ₱990/year (US$24.99) Free includes 1 group with up to 6 people and 3 receipt scans a month. CSV export of your history and statements is free for everyone. Pro unlocks unlimited groups and receipt scans, balances in other currencies shown in your home currency, reminder emails you send to people who haven't paid, and duplicating groups. Prices vary by region and are always shown before you buy. Payment is charged to your Apple Account at confirmation of purchase. The subscription renews automatically unless it is cancelled at least 24 hours before the end of the current period; your account is charged for renewal within 24 hours before the period ends. You can manage or cancel your subscription in your Apple Account settings after purchase. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://www.nextbill-nti.com/legal/privacy

Screenshots

MagNet Bank4 screens
NextBill4 screens

Verdict

The call

The clearest difference is in-app purchases: MagNet Bank at none against NextBill's 2. NextBill's advantage is update cadence (every 3 days vs fortnightly). On price, ads, 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. NextBill sells 2 in-app purchases, starting at $2.49 per month. MagNet Bank asks for nothing beyond the download.

UpkeepUpdate frequency

MagNet Bank ships an update fortnightly, NextBill every 3 days. The most recent releases landed on October 23, 2026 and October 24, 2026 respectively.

Scorecard2 real differences · 8 level
MagNet Bank versus NextBill: the parameters behind the verdict, then further details
ParameterMagNet BankNextBill
PriceFreeFree
Rating4.7 (40 ratings) — better—
Positive reviews50.0% of reviews—
Number of ratings40 — better—
Update frequencyFortnightlyEvery 3 days — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree—
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS16.615.0 — better
Further details — not scored
Size145 MB26 MB
Age rating4+4+
DeveloperMagNet Bank Zrt.Nextcore Technology Inc.

In-app purchases

None

MagNet Bank

No in-app purchases

2 purchases

NextBill

Subscriptions2
  • NextBill Pro (Monthly)$2.491 Month
  • NextBill Pro (Annual)$24.991 Year

Questions

Is MagNet Bank free?
MagNet Bank is free to download, with no in-app purchases.
Is NextBill free?
NextBill is free to download, with in-app purchases available.
Do MagNet Bank or NextBill have ads?
Neither MagNet Bank nor NextBill shows ads.
Which is updated more often, MagNet Bank or NextBill?
MagNet Bank ships an update fortnightly, and NextBill every 3 days. Most recently, MagNet Bank was updated on October 23, 2026 and NextBill on October 24, 2026.

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