Pocketbook closed 4 August - now this?
We need these tools now more than ever to manage finances as the household budget gets squeezed.
Why is MoneyBrilliant closing?
Westpac purchased MoneyBrilliant in late 2021 to strengthen the digital banking functionality available for Westpac customers in their banking app.
Since the acquisition, they have started rolling out some of MoneyBrilliant's money management tools in the Westpac app.
What does this mean for you?
From 16 November 2022, you'll no longer be able to:
- Refresh your account to show the latest transactions or balances from financial institution accounts you've linked to your MoneyBrilliant service
- Connect new accounts to your MoneyBrilliant service
From 16 December 2022, you'll no longer be able to:
- Access the MoneyBrilliant app and web service
- Access your MoneyBrilliant account information including transactions, spending reports and more (see FAQs for full details)
What should you do?
- Before we close the service on 16 December 2022, if you want to save a copy for your records, we encourage you to export your account information.
There seemed to be no conclusive winner in the Pocketbook thread (Moneybrilliant came up a few times but now it's going). What would be the best free option remaining to aggregate different bank feeds to one portal?
Banking aggregation means you are breaking your contract with your bank by supplying your login details to a third party if you get scammed the bank nay not cover you because someone else has your login details. Check out Moneydance they have aggregation but I don't use it I prefer to enter the transactions manually, gives me a much better feel for my finances plus it's safer!