The short answer
Monarch Money gives you 7 days free and asks for a payment method up front, so it converts to a paid subscription unless you cancel. Verified 21 July 2026.
During the 7 days
These things stay locked during the trial:
- Plus features unless you trial the Plus tier
When it ends
On day 7 the subscription starts and your card is charged, unless you have cancelled before then. Set a reminder a couple of days early rather than relying on theirs.
How to cancel
Monarch states the trial requires a payment method and that you must cancel in settings before it ends, otherwise the full annual charge applies. Seven days is short, so set a reminder on day five.
Cancellation processes change. Check Monarch Money's own page before you rely on this.
Free options in the same category
Several tools in the budgeting category have permanent free tiers rather than trials, and each gives up something different: usually either the account connections or the depth of analysis. Delphina's free plan is one of them, and it gives up the deeper scenario modelling that the paid plans carry.
For what Monarch Money costs once the trial is over, see Monarch Money pricing.
Trying Delphina instead
Delphina does not run a trial, because the Free plan does not expire. No card, no countdown, nothing to cancel. If it turns out to be useful, Wealth Builder is £9.99 a month. If it is not, leave it alone and it costs nothing.
More on Monarch Money
Monarch Money: common questions
7 days. Verified on 21 July 2026.
Yes. Monarch Money takes a payment method up front, so the subscription starts automatically unless you cancel before the 7 days are up.
You are charged for the plan you trialled unless you cancel first.
Monarch states the trial requires a payment method and that you must cancel in settings before it ends, otherwise the full annual charge applies. Seven days is short, so set a reminder on day five.
No. A trial and a free plan are different things, and Monarch Money has the first but not the second.
It depends what you are replacing. For day to day spending, several UK apps have permanent free tiers with limited features. For the pension and retirement side, Delphina's free plan is £0 with no card and no expiry, though it is not a like-for-like replacement for what Monarch Money does for us couples who want one shared view of budgets and net worth.