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iBank [OLD VERSION]

iBank [OLD VERSION]
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iBank [OLD VERSION]

3.0(95 customer reviews)
 
SKU:  

NV2220094

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iBank is an intuitive personal and small business financial manager designed to track bank accounts, credit cards, loans and investments, to analyze income and expenses with live updating charts, and to plan your financial future with easy budgeting and forecasting tools. Wrapped in a familiar, Mac-like interface, iBank is a robust financial application able to meet the needs of both casual home users or sophisticated investors. iBank offers many of the features not found in other Mac finance applications, such as password protection for your accounts; check printing; the ability to export data to standard formats for use with TurboTax, Excel or Quicken; or advanced investment tracking of buys, sells, dividends and cost basis. iBank can directly connect to your bank to download transactions, or sync transactions entered on the go from iBank Mobile for iPhone and iPod touch (sold separately). Other features allow you to track mortgages or loans, see your account balances through time, create budgets and reports, attach images to transactions, sync items to iCal, backup automatically to MobileMe accounts, and much more. iBank’s developers listen their customers, releasing frequent improvements, updates and fixes, and offering responsive tech support and customer service.

 
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Product Details
Package Length:7.6 inches
Package Width:5.3 inches
Package Height:1.0 inches
Package Weight:0.2 pounds
Average Customer Rating: based on 95 reviews

System Requirements
Platform:Mac
Media:CD-ROM
Item Quantity:1

Features

  • Set up and organize all of your existing accounts including credit cards or investments with easy downloading of transactions from most major financial institutions

  • Import your previous transactions and categories from versions of Quicken for Mac and PC or from MS Money and export data in standard formats to TurboTax or Quicken or Excel

  • Monitor all of your account balances at a glance and manage your portfolio by tracking buys or sells as well as dividends and ROI

  • Set budgets and analyze your income versus expenses to gain complete control over your personal finances

  • Enjoy a full set of essential features including custom check printing or password protection for private account data


Customer Reviews
Average Customer Review:3.0 ( 95 customer reviews )
Write an online review and share your thoughts with other customers.

Most Helpful Customer Reviews

116 of 122 found the following review helpful:


4A great alternative to Quicken for Mac  Mar 19, 2009 By Justina Hayden
Ibank

I have used Quicken since its inception and been happy with it, although it's gotten a bit top heavy in recent versions. But when I switched to the Mac, the agony began. Quicken for Mac is horrible. For two years I've searched and tried a number of other programs all of which had major difficulties. I finally had to do my taxes for 07 and 08 by hand by searching through receipts, something I hadn't done since the early 80s.

I recently gave a fairly rigorous testing to Quicken Financial Life for Mac which is still in Beta. It may have possibilities as it settles down, but it won't do for my requirements right now--a crash a minute.

I was about to give up in despair and order Quicken for Mac when I impulsively clicked on an ad for iBank. I downloaded it, began importing data, and immediately purchased it. I am ecstatic. It has many features I like, but the biggest and best is that it is written for Mac and makes wonderful use of Leopard. In three days I've had no crashes, no import difficulties. I've not yet had time to deal with investments so I can't speak to that. But I'll say this: I have checking and savings accounts at 3 banks in two countries and two currencies; I have 9 credit cards in 2 currencies. So far, iBank 3 has navigated faultlessly among them. I can't wait to start generating reports.

I give it only 4 stars so far because I've not yet dealt with the portfolio. I'll update this to reflect my experiences with the investment module but so far iBank is a winner!.

169 of 184 found the following review helpful:


1Didn't work for me  Mar 06, 2008 By Jan McAfee
I switched from a PC to an iMac, and was looking for an alternative to Quicken because the reviews were so bad. After reading the reviews here, I decided to give iBank a try.

1) It did NOT import my QIF files properly. It left out deposits, and did other very strange things. So I just decided to start at the beginning of the year, leaving behind 16 years of information.
2) Transactions are very difficult to enter for the first time. A lot of mouse work involved; you can't do it all quickly on the keyboard like you can in Quicken. And mystery zero balance transactions show up for no reason.
3) I finally got everything loaded, only to discover that my bank won't download to iBank, even though it's in the list. I had to manually do a reconcile; haven't had to do that in years. What a pain.
4) Investments are crazy. I read the FAQ on them pretty thoroughly, but never could figure out how to enter them so that they showed a positive balance.
5) After getting all of the above done and ready to go, I went to enter in my transactions for the week. Got an error stating iBank can't save, there is a line item error. It seemed to highlight a particular transaction, but no matter what I did to that transaction, even deleting it, I could not get past the error, which rendered the entire program useless.

I have to give them credit, I emailed them stating I wanted my money back and it was done within a couple of hours.

Yes, I am new to Mac, but I'm pretty computer savvy. I'm pretty sure it's not me.


86 of 94 found the following review helpful:


1iBank Needs Work  Mar 19, 2008 By R. Funk "Design Thinker"
Based on a trial test of iBank it appeared to be a good replacement of Quicken for use as a home accounting application on the Mac computer. Quicken was very good early in its history but has become so loaded with so called enhancements that it is crash prone and no longer easy to use or navigate. This, apparently in the interest of encouraging users to upgrade to the latest and greatest. All of this is simply to say that iBank seemed to be an answer to the now bloated and difficult to use Quicken. iBank is not the answer. First, I bought the disk from Amazon rather than simply downloading the program because I like the redundancy of having the physical disk on the shelf if the computer crashes or if I get a new machine. This was useless because the disk was out of date as received and would not work with Leopard. So, after going through some hoops to prove I owned and had paid Amazon for the disk, IGG Software let me download a new copy of iBank. However, it then failed to work properly in transferring the old data from Quicken as advertised. More e-mails to IGG Software and more down loads of patches to rectify the problem. None of these patches and fixes worked. The data transferred from Quicken continued to be corrupted in spite of the various fixes from IGG Software. In the end, I gave up, said good bye to the money and time invested and have gone back to Quicken--poorer and not much wiser. If one were to start with a blank iBank account and not attempt to download anything into it, it might work well. The graphics are good and the interface seems friendly enough. It just isn't ready for release as advertised. Let's hope they solve their problems because Quicken needs competition on the Mac side.

54 of 58 found the following review helpful:


5IBank is solid and helpful.  Jan 04, 2010 By Dubbie "Tom"
As a longtime Quicken user (8 years) and MicroSoft Money user (3 years) I was very disappointed when I switched to a Mac Pro last January (2009) and found no version of Money and the only available Quicken was a 2007 (pretty much unsupported and un-updated) product!

I refused to put a Windows OS on my new Mac - that would open the machine up to Windows virus attacks and other problems.

I tried "Crossover" which allowed me to use a Quicken for Windows program but did not require a Window OS. That was ok but it was slow, a bit buggy, and there was no interface with ICal (so no easy alerts).

Then I found IBank!!

Not only did IBank work beautifully with my Leopard and Snow Leopard OS but it put dates and reminders into ICal with no problem. I was very happy that it looked like a true Mac program instead of a Windows program.

Now, after 8 months of using IBank (the last version is 3.5.4) I can tell you honestly -- for my use as a home owner, on-line bill payer, watcher of credit card charges, and user of paperless monthly statements from 2 banks and 2 credit card companies -- I am VERY VERY HAPPY and please with IBank.

I highly recommend IBank! You can use the full program for 30 days before you buy it OR you can buy it and return it for 100% money back if you do not find it to be what you need.

Amazon offers a $20 credit for people who switch to IBank from Quicken -- making the program cost $39.95 instead of $59.95! What is not to like about that?

I have used IBank's customer service two different times and found them to be knowledgeable, efficient, and very helpful. They answered both questions in my first contact.

Quicken is coming out with a Mac Financial software in February- finally. It appears to be sort of a Quicken for Mac 2010. I will not buy it or try it!!

Why?

I resent Intuit's attitude that Mac owners don't deserve an up-to-date program for 3 years. I don't want to support that kind of treatment to a long-time customer. Also Intuit's new program seems to be a limited version of their Quicken for Windows programs. I strongly suggest you check out Inuit's Q & A about the February 2010 Mac program at quicken.com. I doubt you will want a "fluff" but little "meat" Quicken on your Mac.

IBank has had 2 updates (free to version 3 owners) within my 8 months of owning the program. Each update came with a new complete program download and all information from my previous IBank version was transferred with no problems.

The IBank program does not allow "direct bill pay" like the old Quicken I was accustomed to. However -- many banks no longer allow that service any longer either. Both of my checking account banks (Citizens and TD Bank) do not allow direct bill pay through third party financial software any longer so I did not really suffer a loss by switching to IBank. That may be a "security" protection improvement?

IBank imports Quicken data from Windows and Mac with no problems. Set up is easy for connecting and using most bank web sites.

I used Turbo Tax for Mac (both platforms are on most versions of TTax and TaxCut CDs) last year. I do not import information from Quicken or IBank into TTax - oI do import the personal information from previous TurboTax for Windows programs. I cannot say anything about importing data from IBank.

I think IBank does have a lot to offer and unless you have a business or are very wealthy -- IBank should do the job for you WITH all the dependable and helpful MAC features (and connections to ICal) that you expect from your Mac.

There are some very low ratings of IBank listed in these reviews! I do not understand why.

I know that I have not had any of the problems addressed in the poor reviews.

If you have an Intel Mac or MacBook -- I do not think there will be a problem that IBank's free customer service could not fix. However, if there is no "fix" for a problem you may experience with IBank -- you lose nothing! Just take advantage of IBank's free trial money back guarantee!!

I do not have any connection with Intuit or IBank. I spent my time writing this review because I truly think IBank is a GREAT alternative to Quicken for any new Mac owner!!!

66 of 74 found the following review helpful:


3Not ready for prime time  May 26, 2008 By Heavy Reader
I bought IBank thinking it might be an alternative to Quicken, which I've used since 1992. I'm not hugely unhappy with Quicken, but Intuit obviously doesn't give a crap about Mac users so it seemed like a good idea to find an alternative. However, this isn't it. Maybe if you were starting from scratch, the program might feel more friendly, but after waiting through an 8 HOUR DOWNLOAD of my .QIF file from Quicken only to find all my investment data (almost 20 years worth) must at BEST be checked and at worst reentered, I've given up. IBank 2 doesn't allow anything but dividends on an investment-- no capital gains (long or short) so for tax purposes it's worthless. And you can't automatically reinvest dividends-- you have to enter them as a cash deposit and then add another transaction for the reinvestment. More work that Quicken handles as a no-brainer. As a result, I'm facing the prospect going back through 20 years of transactions to reinvest all the dividends that IBank added to my investment accounts as simple cash deposits. No way. Sorry, IBank. I give 3 stars for effort, for what appears to be an attractive interface, and because I know loading many years of data is more of a challenge than starting fresh, but I can't deal with the transition problems.

I've visited the IBank help site and I know some of these problems are supposedly being dealt with in IBank 3, but it's too new-- and sounds like it's still in beta. Guess I'll slog along with Quicken another year.

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