NerdWallet review | TechRadar
If you want to get serious about money management, it’s a good idea to explore the best methods budget app and personal finance software. However, if you want a quick, free solution to your financial problems, NerdWallet is well worth looking into.
It’s a quirky little package that works best as an app for iOS and Android, allowing quick and easy access to a ton of features and functionality on the go. However, the desktop website version provides another useful perspective on your finances, so to get the most out of NerdWallet’s arsenal of money tools, it’s best to use both tools from time to time.
This convenience is a big pull factor for NerdWallet users, who can check their income and expenses in one go once they import all their financial transactions into the software.
Of course, being free means NerdWallet does have to grow revenue in other ways, which mostly revolves around offering financial products and services from within the software itself. If you can live with that instead of spending your money on more complex and ad-free personal finance software, it makes sense.
NerdWallet: Pricing
NerdWallet is currently free to use, both in desktop and app versions (available for iOS and Android). While there are no fees to use NerdWallet, the software’s focus is on offering finance-related deals and offers, which isn’t unreasonable considering the overall appeal of the package.
NerdWallet: Features
One of the most attractive features of NerdWallet is its ability to give you access to your credit score. This is useful for checking its current status, but also for understanding how to improve it and spot anything that might be incorrect. NerdWallet has financial products included, but it’s still worth accepting as the software can provide valuable insights into your financial situation.
Credit score information is also dynamic, so it’s useful for getting an up-to-date overview of your current financial situation as well as piecing together a more historical picture. There’s also a neat credit simulator that helps users understand what to expect if they apply for a new credit card and more. This is all well and good while allowing users to keep tabs on the income and expenses of their bank accounts and other financial interests.
NerdWallet rounds out its appeal with a comprehensive advice store feature that can help you learn about any aspect of personal finance you’re not quite sure about. Regular use of this package can really help you become more aware of money matters.
NerdWallet: Performance
There’s a lot to like about NerdWallet, and one of its most appealing aspects is the smooth and simple interface for both the app version and the desktop website. Everything works well, and while there are financial deals and offers on this ride, it’s never enough to make you want to go to one of the other competitors.
NerdWallet: Easy to use
As you’d expect from a fast and simple app, NerdWallet is equally easy to master. There is a brief registration process that requires users to enter personal information, including a social security number, and any relevant bank account details from which the system pulls transaction records. It’s all carefully designed, and NerdWallet follows the same security protocols as other competitors in the personal finance space.
The app is also very simple to operate, making it easy to pick up and get used to it, unlike some of its competitors. NerdWallet’s approach doesn’t provide as much information to users, but is more minimalistic and tailored. This is another aspect where NerdWallet is useful for those who are pressed for time and often check their finances on the go or in transit.
Meanwhile, the desktop experience is equally smooth, but interestingly, neither has quite the same level of features and capabilities. So it makes sense to use both when possible, although obviously you don’t need to do this at the same time.
NerdWallet: Support
One of the draws to NerdWallet is the wealth of help available, with tons of free guides and advice. It’s also very simple to use the app version, or even the desktop version, so there really aren’t too many problems. Setup is serious business, but if you do run into problems, there’s plenty of guidance to get you back on track, plus a support email address for registered users.
NerdWallet: Final Verdict
NerdWallet has to make money somehow, so this combination of app and website really provides users with deals and deals. However, there’s no escaping the usefulness of NerdWallet, both in helping you understand your personal finances and in getting better solutions to your financial problems. Anyone looking for a quick, easy way to do this should look into it, although there are competitors that offer similarly useful options, albeit for a fee.
