Money Management Apps in Israel: How to Choose and What to Compare

Several apps in Israel promise to bring your money together in one place, and they differ in things that are easy to miss: how data gets in, what can be connected, who supervises and what it costs. This guide does not name a “best” app, because that depends on you. It gives criteria to check, a comparison of three apps based on what their own sites say, and a way to check any other app. We operate one of them, so we wrote carefully and chose to show only what can be verified.

01What to check before you choose

02The comparison: what each app says about itself

The table is based on each app's public pages, checked on 25.10.2026. These are the companies' own statements, not an independent test of what they do, and prices and features change. Whatever did not appear on a site is written as “not stated on the site”, which does not mean it does not exist.

03Automatic connection or manual entry

04How to check a licence, step by step

1. 1

   Read what the app states

   Look on its site or in the app store for a financial-information-service licence and who supervises it.

2. 2

   Check the official list

   The Israel Securities Authority (opens in a new tab) publishes a list of licensed financial information service providers. It is updated, so it is the source that counts.

3. 3

   Check that the bank link goes through the bank

   In open banking you identify yourself with the bank itself and never hand the app your bank password. An app that asks for a bank password is a red flag. See Open banking explained simply.

4. 4

   Check how you cancel

   Make sure you can revoke consent and delete the account from inside the app, not only by emailing.

05Which app suits whom

If you would rather start without picking an app, begin with the free calculators: the net-worth calculator and the 50/30/20 calculator run in your browser with no sign-up. The Shavve app suits people who want a read-only connection to every source, pensions and insurance included, supervised by the Israel Securities Authority. It does not replace your bank's app and does not move money.

06Why a pension connection differs from a bank connection

A bank account and a credit card connect through the bank or the card company. Pensions and insurance sit with other bodies, and the information on them is gathered in dedicated sources: the Pension Clearing House (opens in a new tab) shows pension products, Har HaBituach (opens in a new tab) shows policies, and Har HaKesef (opens in a new tab) helps find forgotten savings. So an app that says it “connects everything” can mean very different things. Ask directly: is the pension connection automatic or manual, and which source does the data come from? The sources are explained in How to check how much pension you have.

07How to read a pricing model

08What to check on privacy before you connect

• Which data the app stores, and whether it shows it to you clearly.
• Whether the consent to connect is limited in time, and how you revoke it.
• Whether you can delete the account and the data from inside the app.
• Whether there is a privacy policy in a language you can read, and to whom data may be passed.
• Whether there is a biometric lock or a code before numbers appear on the screen.

09How to try an app sensibly

1. 1

   Start with one connection

   Connect one bank account and one card, and see whether the data is right before you add more.

2. 2

   Check a number you know

   Compare a balance or a charge you know about with what the app shows. If something does not match, report it and see how it is handled.

3. 3

   Test the revocation

   Try to revoke consent, and make sure access really closes.

4. 4

   Decide at the end of the trial

   Ask yourself whether you saved time or found something you did not know, and only then pay.

10Three cases, and what matters in each

A couple with joint accounts

In a joint account the same transaction appears for both partners, and an app that does not neutralise duplicates counts it twice and inflates spending or net worth. Check whether there is a shared picture in which each person approves what to share, and how duplicates are handled.

Someone who only wants to track spending

If all you want is to see where the money goes each month, a connection to your bank and card, or even manual entry and the 50/30/20 rule, may be enough. There is no need to pay for features you will not use.

Someone with pensions at several providers

Here the value is in the connection to the pension sources and in comparing management fees. Look for an app that shows every product in one place, and check that it also shows the fees, the figure that can save you the most money over time, as explained in How to lower management fees.

11Common mistakes when choosing

• Choosing on price alone, without checking what is free, what is paid and what happens when the trial ends.
• Handing the app a bank password. In open banking you authenticate with the bank.
• Assuming an app is “supervised” without checking the official list.
• Connecting everything without reading what the app stores and for how long.
• Comparing marketing features rather than what the app really pulls: a pension connection is not a bank-account connection.

The bottom line: no single app suits everyone, and half an hour of checking is worth it before you hand over access to financial data. Start with the criteria, verify the licence in the official list, try a trial period, and check that you can revoke and delete. Re-check the prices and features in the table on the sites themselves, because they change.