YNAB vs. Truebill vs. WalletHub

Note: Truebill was acquired by Rocket Companies in December 2021. In 2022, Truebill was rebranded as Rocket Money. For that reason, we will be referring to Truebill as Rocket Money throughout the rest of this article.

YNAB vs. Truebill/Rocket Money vs. WalletHub: Key Characteristics

We’ll compare the features of these apps in greater detail below. We’ll also name the top app for each key category, such as budgeting, credit management, and investing.

YNAB vs. Truebill/Rocket Money vs. WalletHub: Budgeting Tools

Winner: WalletHub

You can sync your financial accounts to automatically track your expenses, make budgets, set savings goals, and get budgeting reports with any of these apps. Unlike YNAB, WalletHub and Rocket Money have a subscription manager that lets you track your recurring bills in one place, making it easier to spot subscriptions you no longer need.

WalletHub leads in this category since it offers many budgeting features for free. For instance, with a free WalletHub account, you can create a debt payoff plan, import your bank and credit card transactions from a spreadsheet, and organize your budget in multiple different ways.

There’s a free version of Rocket Money, too, but it is not as comprehensive as WalletHub’s free plan, as it fails to provide key features and only offers one way to organize your budget.

YNAB does have debt payoff plans, but the app only gives you one way to budget. Plus, you must pay for a subscription before you can access any of YNAB’s features.

YNAB vs. Truebill/Rocket Money vs. WalletHub: Credit Tools

Winner: WalletHub

Unlike YNAB, both WalletHub and Rocket Money let you view your credit score and report, get an analysis of the factors impacting your credit score, and receive credit monitoring services.

WalletHub leads in this category since it also provides a personalized credit improvement plan that shows you the steps you need to take to increase your credit score. Plus, you can access WalletHub’s credit builder feature, which allows you to report your on-time rent and utility payments to TransUnion.

Rocket Money doesn’t offer a credit improvement plan or credit builder feature, and YNAB doesn’t offer credit management tools at all.

YNAB vs. Truebill/Rocket Money vs. WalletHub: Investing & Retirement

Winner: WalletHub

You can manually track your investments with any of these three apps. They all let you track your net worth, too. WalletHub and Rocket Money also let you sync your investment accounts to automatically track your balances and performance over time, unlike YNAB.

However, WalletHub wins this category since you can get a detailed breakdown of your investment activities and see investment news straight from your account. Rocket Money and YNAB don’t provide a breakdown of your investment activities, such as which investments were bought and sold, or provide investment news.

Other Features

WalletHub also leads Rocket Money and YNAB in identity theft protection and additional features. That’s because WalletHub offers credit monitoring, identity monitoring, identity theft restoration services, and up to $1,000,000 in identity theft insurance.

In addition, WalletHub provides a financial timeline that summarizes important alerts and gives you access to your auto insurance score and your WalletScore (an indicator of how financially healthy you are). Rocket Money provides credit monitoring, but none of the other features, and YNAB does not offer any of these features.