Beware of Hidden Fees: My Recent Experience with Banktivity

As a long-time user of personal finance software, I was excited to try out Banktivity 7 after upgrading my MacBook. However, my experience took an unexpected turn when I discovered that the company had changed its business model and introduced a subscription-based service.

Needless to say, I am not happy with what I consider to be a bait-and-switch type tactic. You'd think that at some point during my 30-day trial with v.7 that they would have sent a heads-up to purchase the software while I could. Unfortunately, this was not the case.

When I contacted support about purchasing the software, I was told that Banktivity 8 is subscription-based and there is no longer a one-time purchase option available. This was a surprise, as there was no mention of this change in the previous version or during my trial period.

The company suggested downloading an older version of the software, which I did. However, when I tried to purchase v.7 with 5 days left on my trial, I received an 'Item is not available for sale' message. It seems that the new subscription-based model has made it impossible to purchase earlier versions of the software.

In hindsight, I wish I had been more aware of this change before committing to a subscription service. As someone who values simplicity and control over their financial data, I am disappointed in Banktivity's decision to shift its business model.

If you're considering using Banktivity 8, be sure to carefully review the terms and conditions before signing up for a subscription. Unfortunately, it seems that there are no one-time purchase options available for this software.

Personal Finance Mac: A Cautionary Tale

This experience serves as a cautionary tale for anyone looking for personal finance software that offers flexibility and control over their financial data. While Banktivity 7 was a great option in the past, its new subscription-based model may not be the best fit for everyone.

Before making any decisions, it's essential to research the company's business model and terms of service to ensure that you're getting what you pay for. In this case, I would recommend exploring other options that offer one-time purchase options or more flexibility in their pricing models.

Personal finance mac