Budgi vs Frollo: Which is Better for Australians in 2024?

Both connect to Australian banks via CDR. Here's what separates them.

Best Overall
Budgi
budgi.com.au
vs
Best Free Basic
Frollo
frollo.com.au
Verdict

The Quick Verdict

Frollo is a solid free budgeting app for Australians who just want bank sync and basic categories. Budgi goes further — AI coaching, net worth tracking, super optimisation, debt strategies and sinking funds make it the better choice for anyone serious about building wealth.

Comparison

Budgi vs Frollo: Feature-by-Feature Comparison

Feature
Budgi
Frollo
Open Banking (CDR)
Transaction categorisation
Budget categories
Free plan available
fully free
AI Financial Coach
Net Worth Tracking
Super Optimisation
Debt Payoff Strategies
Sinking Funds
Weekly Check-In
Scenario Planning
Australian-specific advice

Where Frollo Falls Short

Frollo is strong on basics — CDR bank sync, smart categories, spending insights. But it stops at tracking. No AI coach, no net worth dashboard, no super tracking, no debt strategies. It answers “where did my money go?” but not “what should I do with it now?” For users who want a simple view of their spending, Frollo works well. For anyone trying to improve their financial position, the gap becomes obvious quickly.

Where Budgi Goes Further

Budgi covers everything Frollo does plus a full AI financial planner, net worth with super and debts, salary sacrifice modelling, avalanche/snowball debt strategies, sinking funds for irregular expenses, and a structured weekly check-in habit. It's for people who want to grow wealth, not just track spending. The AI coach gives personalised, Australian-specific guidance — super, tax, property — based on your real numbers, not generic tips.

Pricing

Budgi vs Frollo: Pricing

Frollo
Free
All features included
  • CDR bank sync
  • Transaction categories
  • Basic budgets
  • Spending insights
  • Financial product referrals in-app
Recommended
Budgi
Free core features
Plus $9.90/mo · Pro $14.90/mo
  • CDR bank sync
  • AI Financial Coach
  • Net worth + super tracking
  • Debt payoff strategies
  • Sinking funds
  • No product referrals

Frollo is fully free — but shows promoted financial products. Budgi's paid plans unlock AI coaching with no product referrals.

FAQ

Common Questions

Is Frollo actually free?

Yes, Frollo is completely free. It earns revenue through financial product referrals shown within the app.

Does Frollo have an AI financial coach?

No. Frollo focuses on transaction tracking and basic budgets. No AI coach, wealth planning or super features.

Can I switch from Frollo to Budgi?

Yes. Connect your banks in Budgi via CDR and your transaction history starts syncing immediately. No export/import needed.

Which is better for beginners?

Both are easy to start. Frollo is slightly simpler. Budgi is better if you want to progress beyond basic tracking.

Ready to go beyond basic tracking?

Try Budgi free for 14 days. No credit card required.

Get started free