--- title: "Monarch vs Copilot Money | SelfCapsule" description: "Monarch works in the US and Canada; Copilot is US-only. Compare price, platforms, and privacy, with SelfCapsule as the no-bank-link option." url: "https://selfcapsule.com/vs/monarch-vs-copilot" image: "https://selfcapsule.com/og/default.png" --- Monarch vs Copilot Money # Monarch vs Copilot Money. Two Bank-Linked Apps Compared. Monarch and Copilot Money both connect to your bank accounts and sync your transactions automatically. Monarch covers accounts in the US and Canada and adds investment tracking, Zillow home values, and long-range planning. Copilot is US-only, runs on iPhone, iPad, Mac, and the web, and lets up to three people share one account at no extra charge. [Download for macOS](https://selfcapsule.com/download) [iPhone and iPad on the App Store](https://apps.apple.com/app/id6764298551)Windows: coming soon Quick verdict Choose Monarch if you bank in the US or Canada and want investments, Zillow home values, and long-range planning tools in one place. Choose Copilot if you bank in the US, use Apple devices or the web, and want up to three people on one account at no extra charge. Choose SelfCapsule if you would rather no data provider or cloud service held your transaction history, and prefer $29 once to a yearly subscription. ## Monarch, Copilot Money, and SelfCapsule Compared Monarch entries come from monarch.com and Copilot entries from copilot.money, both read on 3 November 2026. Prices are in US dollars. [See the sources](https://selfcapsule.com/vs/monarch-vs-copilot#sources). Monarch, Copilot Money and SelfCapsule compared | Dimension | Monarch | Copilot Money | SelfCapsule | | --- | --- | --- | --- | | Where your data lives | Monarch's servers. Its security page says all data is encrypted at rest and in transit. | Copilot's servers, built on Google Cloud Platform, with 256-bit encryption at rest and TLS in transit. | On your device only. No account, no cloud sync, no server. | | Bank connection | Third-party data providers. Monarch's security page says it does not see or store your bank login. | Plaid and Mastercard Data Connect, plus direct links for Capital One, Coinbase, Apple Card, and Public. 16,000+ US institutions. | None. You import statement files you download from your bank. | | Countries supported | United States and Canada. | US-based accounts only. | Works with any bank that lets you download CSV, OFX, or QFX files. | | Price | Core: $14.99 a month or $99.99 a year. Plus tier adds forecasting tools (price not listed on the page). First week free. | $18 a month or $109 a year (yearly shown as a limited-time offer, down from $119). One-month free trial. No permanent free tier. | Free tier. Pro is $29 once. | | Platforms | Web, iPhone, iPad, and Android. | iPhone, iPad, Mac, and web. | Mac (direct download), iPhone and iPad (App Store). Windows coming soon. | | AI features | AI categorization of transactions. Monarch's security page says outside LLM providers may not store your data or train on it. | Copilot Intelligence categorizes transactions. Money Assistant answers questions about your data (beta). | Runs on your device: Ollama on Mac, Apple's on-device model on iPhone and iPad (iOS 26 with Apple Intelligence; on other devices categorization uses your own rules and there is no AI assistant). | | Investments and net worth | Individual stocks, mutual funds, ETFs, 401(k)s, and crypto across linked accounts; Zillow home values; net worth. | Stocks, crypto, and retirement accounts; compare your holdings against the market. | Pro: investment and crypto accounts with cost basis. | | App Store privacy label | Data Linked to You, including Financial Info. | Data Linked to You, including Financial Info and Location. | Data Not Collected | ## Which One Fits You ### Where Monarch Is the Better Fit - You bank in the US or Canada and want accounts to update without manual work. - You want investment holdings, Zillow home values, and long-range planning tools in one place. - You or someone you budget with uses Android or works mainly in a browser. - You want forecasting tools, which are on Monarch's Plus tier. ### Where Copilot Money Is the Better Fit - You bank in the US and want transactions, balances, and investments to update on their own. - You use Apple devices or the web and want the same data across all of them. - You want up to three people on one account at no extra charge. - You want to see how your investments compare against the market. ### Where SelfCapsule Is the Better Fit - You do not want a data provider or a cloud service holding copies of your transaction history. - You bank outside the US, or with any institution that lets you download statement files. - You want AI that runs on your device and does not pass data to outside model providers. - You prefer to pay once: SelfCapsule Pro is $29, rather than a yearly subscription. FAQ ## Questions Worth a Direct Answer ### Which is cheaper, Monarch or Copilot Money? Monarch's pricing page lists Core at $14.99 a month or $99.99 a year after a one-week free trial. Copilot is $18 a month or $109 a year (the yearly price is a limited-time offer, listed instead of $119) after a one-month free trial, with no permanent free tier. SelfCapsule offers a free tier that does not expire, and Pro is a one-time $29. ### Does Copilot Money work in Canada? Copilot's FAQ says it works with US-based accounts only. Monarch is available in both the US and Canada. SelfCapsule imports statement files, so it works with any bank that lets you download CSV, OFX, or QFX files, wherever you bank. ### Does Monarch have a Mac app? Monarch's download page lists web, iPhone, iPad, and Android. Copilot runs on iPhone, iPad, Mac, and the web. SelfCapsule has a Mac app, available as a direct download. ### Which one uses Plaid? Copilot Money's privacy and security page names Plaid and Mastercard Data Connect as its bank aggregators, plus direct links for Capital One, Coinbase, Apple Card, and Public. Monarch's security page says accounts connect through third-party data providers but does not name them on that page. SelfCapsule has no bank connection of any kind. ### How do Monarch and Copilot Money handle my financial data? Both apps store your transaction data on their own servers. Monarch's security page says all data is encrypted at rest and in transit, and that LLM providers cannot store your data or train on it. Copilot's privacy page says its infrastructure is on Google Cloud with 256-bit encryption at rest and TLS in transit, and that it does not sell your financial information. SelfCapsule keeps your data on your device and has no server to send it to. ### Is there a personal finance app that does not link a bank? Yes. SelfCapsule never asks for a bank login. You download statements from your bank and import them as CSV, OFX, or QFX files, and your data stays on your Mac, iPhone, or iPad. Both Monarch and Copilot Money are built around a live bank connection. ## Sources, Checked November 2026 We read each Monarch and Copilot Money page listed below on 3 November 2026. Both apps can change their prices and features at any time, so check their pages before you decide. If anything here is out of date, [tell us](https://selfcapsule.com/contact) and we will correct it. ### Monarch - [Monarch: pricing](https://www.monarch.com/pricing), accessed 3 November 2026 - [Monarch: Privacy and security (encryption, data providers, AI providers)](https://www.monarch.com/security), accessed 3 November 2026 - [Monarch: download (platforms, US and Canada)](https://www.monarch.com/download), accessed 3 November 2026 - [Monarch: tracking features (AI categorization, investments, Zillow)](https://www.monarch.com/features/tracking), accessed 3 November 2026 - [Monarch on the App Store (privacy label)](https://apps.apple.com/us/app/monarch-budget-track-money/id1459319842), accessed 3 November 2026 ### Copilot Money - [Copilot Money: home page (pricing, institutions, platforms)](https://www.copilot.money/), accessed 3 November 2026 - [Copilot Money: FAQ (free trial, US only, AI)](https://www.copilot.money/faq), accessed 3 November 2026 - [Copilot Money: Privacy and Security (storage, encryption, aggregators)](https://www.copilot.money/privacy-and-security), accessed 3 November 2026 - [Copilot Money on the App Store (privacy label)](https://apps.apple.com/us/app/copilot-track-budget-money/id1447330651), accessed 3 November 2026 ### SelfCapsule - [SelfCapsule: pricing](https://selfcapsule.com/pricing) - [SelfCapsule: download](https://selfcapsule.com/download) - [SelfCapsule: FAQ (storage, network use, AI, backups)](https://selfcapsule.com/#faq) - [SelfCapsule Finance on the App Store](https://apps.apple.com/app/id6764298551) ## Your finances. Contained. A free tier covers core budgeting. Upgrade once if you want the full toolkit. [Compare SelfCapsule with other apps](https://selfcapsule.com/vs). [Download SelfCapsule](https://selfcapsule.com/download) ```json [ { "@context": "https://schema.org", "@type": "WebPage", "name": "Monarch vs Copilot Money", "description": "Monarch works in the US and Canada; Copilot is US-only. 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