How to choose multi-account wealth tracking software in Australia

There's a point where your money stops being one number. Salary lands at one bank, spending sits across two cards, savings are at a second bank because the rate was better that year, super is somewhere else again, a few thousand dollars sit in a brokerage account, and if you own a rental there's a loan and an offset on top.

None of that is complicated on its own. The problem is that nothing adds it up, so the honest answer to "how are we actually going?" is a guess, usually wrong in the optimistic direction.

This is a buyer's guide rather than a roundup: the criteria that decide the choice, how to test each one, and what the honest answers look like. We build Kleev, so read our own column with the scepticism it deserves. For the head-to-head instead, our 2026 money-app roundup puts six apps side by side, including where Kleev is the wrong pick.

Why is tracking several accounts harder than tracking one?

Because the errors compound, and they compound in ways that still look plausible on screen.

• Your own money looks like spending. Moving A$2,000 from your everyday account to savings at another bank is an outflow in one file and an inflow in another. Add a credit-card payment and an offset top-up and an ordinary month can look like tens of thousands of dollars of spending that never happened.
• Coverage decides accuracy. A tracker holding four of your six accounts isn't two-thirds right. It's wrong, confidently, and you'll act on it.
• Accounts move at different speeds. A transaction account changes daily, super changes when the fund reports it, and a property is worth whatever the last valuation said. Any tool treating those as one kind of number is flattering you.
• Overlap creates duplicates. Once several sources feed in, the same transaction arrives twice sooner or later, and a duplicated salary is a far bigger error than a miscategorised coffee.

Criterion one: how does each account actually get in?

This decides whether you're still using the thing in month six. There are only three answers on the market.

• Bank feeds. In Australia the good ones run through the Consumer Data Right, which is credential-free and consent-based. PocketSmith, WeMoney, Frollo and Billroo all connect this way. Where CDR doesn't reach, some apps fall back to Yodlee screen-scraping, which means typing your bank credentials into a third party's screen.
• File import. You export a file from your own bank and drop it in. No credentials leave your hands, and nothing refreshes by itself.
• Manual entry. Fine for a super balance you update each quarter. Miserable for a transaction account.

Count your accounts before answering. Six on feeds is a five-minute setup and then nothing. Six on file import is six exports every time you want fresh numbers, and you should be honest about whether that still happens in November.

Kleev is file-based on purpose. You export a CSV from your bank's web banking and drop it in; Kleev works out which bank the file came from by reading its column headers rather than its name, and parses it in your browser without uploading the raw file. Ten files can land at once on the free tier, twenty on Pro and thirty on Max, so six accounts is one sitting a month rather than six errands. The fuller argument for that trade is in how to track your spending without linking your bank account.

Two details matter once several accounts are involved. Kleev deduplicates across uploads on date, description and amount, plus the running balance when a file carries one, so overlapping exports (January to March, then January to June) don't double-count. And it has purpose-built parsers for a specific list of formats: CBA, NAB accounts and cards, Westpac accounts and cards, ING, UBank, Macquarie accounts, ANZ credit cards, Amex and Qantas cards, plus Revolut and Wise. Anything else, HSBC included, goes through an AI mapping step that sends the file name, the column headers and the first five rows to work out the layout.

Criterion two: does it keep your own transfers out of your spending?

This is the biggest source of nonsense in a multi-account setup, and the cheapest thing to test. Ask a candidate what it does with three movements: a transfer between two of your accounts at different banks, a credit-card payment from your everyday account, and a deposit into an offset. All three are you moving your own money, and none is spending. A single-account tool never had to think about this. A multi-account one lives or dies on it.

Kleev runs transfer detection across your accounts, and separately picks out an offset sitting against a loan, so both stay out of your spending totals. It uses AI with a heuristic fallback, and any call it gets wrong is yours to override. It also sorts transactions into 42 categories, groups a merchant's many bank descriptors under one readable name, and remembers your recategorisations.

The test takes two minutes. Upload two months from two accounts you moved money between, then look at the spending total. If it's inflated by exactly the transfer, you'll be excluding rows by hand for as long as you use the thing.

Criterion three: what counts as an account?

Bank accounts and cards are the easy part. What separates tools is the rest of the balance sheet: super, shares, crypto, a HECS debt, a car loan, the house.

Most apps hold those as a value you type in and refresh yourself, which isn't a failing as long as you know it going in: a super balance you update once a quarter is good data, because that's roughly how often it genuinely changes. What to check is whether the tool keeps a dated history of those values or overwrites the current one. A single number tells you where you are. A series tells you whether it's working.

In Kleev, entries you keep yourself sit in fixed groups: super, investments, crypto, cash, property and other on the asset side; credit card, personal loan, HECS, family loan and other on the liability side. Each holds values with an as-of date, so the history is charted rather than replaced. Property equity is the exception that's tracked for you, because Kleev knows the estimated value and sums every loan attached to it, including split loans. Building the list from scratch? How to calculate your net worth in Australia covers what belongs on it.

Bank balances behave differently, and it's worth knowing before you upload. Kleev reads each account's balance from the running-balance column in the CSV you gave it, so an export without that column shows its transactions but no balance. Australian credit-card exports commonly fall into that group, so card balances are usually one of the things you keep by hand.

Criterion four: can it model a property, its loan and an offset?

This is where the Australian field thins right out, and it's the reason Kleev exists in the shape it does. For most apps an investment property is a number you type into net worth. PocketSmith gets closest: its Australian CDR feeds can carry home-loan and offset balances, which genuinely keeps those figures current. WeMoney, Frollo and Billroo hold property as a manual asset, and YNAB gives you tracking accounts plus a documented workaround for offset mortgages.

If you own a rental, what you need is more specific than a value: the loan balance and how each repayment splits between interest and principal, the offset balance and what it's saving you, rent against expenses month by month, and a record you can hand your accountant in July without reconstructing it.

Kleev models those directly. Each property carries its own loans, including split loans, with amortisation and a remaining term. Offsets get three what-if modes, a fixed monthly deposit, a target balance by a chosen date, or an annual growth rate, each showing the effect on the payoff date. A statement grid lays the year out with categories down the side and months across the top, every cell marked as confirmed from a real transaction, entered manually, or an AI estimate to check. Around that sit valuations, expenses, per-property transaction tagging, and gross rental yield, capital gain and annualised growth rate. With more than one property the page aggregates: combined value over time, total loan balance and combined cashflow.

The limits, plainly: the free tier covers one property and two years of statement-grid history, Pro two properties and ten years, and unlimited properties sit on Max. Weighing this against the spreadsheet you already keep? We went through that in investment property spreadsheet vs app, and the offset maths is in how much does an offset account save?

Criterion five: what does it give you at tax time?

An Australian financial year runs 1 July to 30 June, so check that a candidate can cut its reports on those dates rather than a calendar year. Finding out in July is an expensive way to learn.

If you negatively gear a property, what you want is the year's interest, rates, insurance, strata, repairs and management fees separated from household spending and attributed to the right property. The full list of what's claimable is in our property tax deductions checklist.

Kleev builds an EOFY pack in two halves, a spending pack and a property pack, both downloading as an Excel workbook, plus a monthly report on what changed and why. Those sit on the paid tiers; the free tier still gives you the categorised transactions and the statement grid, which is the raw material, just not the packaged version.

Criterion six: where does your data sit, and can you leave?

Three questions, in the order people usually skip them.

• What did you hand over to get set up? A CDR feed is credential-free and revocable. A screen-scraping fallback means your banking password sits with a third party. A file import means you handed over nothing at all.
• Where is it stored, and who processes it? YNAB stores all customer data in the United States. Frollo stores CDR data in Australia and commits to deleting what you shared within 24 hours if you withdraw consent. Ask the question and take the published answer.
• Can you get out? Everything here is a subscription, and Australia has watched a much-loved free money app close before, which we wrote about in what happened to Pocketbook. Keep your own bank exports whichever tool you pick.

Kleev's answers, for the record. No bank credentials are involved at any point. The raw CSV is parsed in your browser and never uploaded, and your parsed transactions sync to your own account in Kleev's database where only your login can read them. Deleting your account removes every row in one action.

Against that, Kleev's AI features send transaction descriptions, dates, amounts and account names, plus aggregated context such as account balances and goal names, to Anthropic's Claude API. Anthropic states it doesn't retain API inputs on its standard tier, but the data does transit and get processed there, and you deserve that in front of you before you decide. There's also no single button that exports your whole Kleev account yet, which is a genuine gap: keep the CSVs your bank gave you.

How should you score multi-account wealth tracking software?

Here it is as a matrix. The middle two columns are tool-agnostic, so run them against anything you're considering. The last column is us, marked honestly.

Where doesn't Kleev fit?

• You know you won't do the exports. With two accounts a monthly export is nothing. With eight it's a chore, and an app with CDR feeds will serve you better. Kleev vs PocketSmith is the closest like-for-like on the planning side.
• You want it in your pocket. Kleev is a web app, with no native iOS or Android app.
• A share portfolio is the main event. If most of your net worth is listed investments and you need dividend and capital-gains reporting for the ATO, a dedicated tracker does that better. Sharesight is the obvious Australian one: free for up to 10 holdings, then A$9 a month billed annually on Basic, with taxable income and capital gains reports on the paid tiers (checked August 2026).
• You want the tool to change your behaviour. Kleev describes your money accurately. If the problem is spending rather than visibility, YNAB's zero-based method is the better intervention, as we concede in our Kleev vs YNAB comparison.
• You want to know the moment a charge lands. Kleev has no feed, so nothing updates between uploads and nothing watches your accounts for you.

Whichever way you go, the tool matters less than whether every account is genuinely in it. A picture missing your second savings account and one card isn't a partial picture. It's a wrong one, and it's the kind of wrong you'll believe.

If the file-based trade sounds right, an evening will settle it. Export a month from each account you care about, drop the files in together, and look at your own consolidated numbers. See your accounts in Kleev →

Common questions

What is multi-account wealth tracking software?

It is software that pulls the places your money sits, typically several bank accounts, a couple of credit cards, super, an investment account and any loans, into one picture of what you own and what you owe. The useful ones do three things a spreadsheet struggles with: they categorise transactions from every account consistently, they exclude movements between your own accounts so those aren't counted as spending, and they keep a dated history of your net worth rather than only today's number.

What should I look for in multi-account wealth tracking software in Australia?

Seven things, roughly in this order. Whether every account you own can actually get in. Whether transfers between your own accounts are excluded from spending. Whether super, shares and debts are held with a dated history rather than one overwritten number. Whether bank balances stay current. Whether it can model an investment property loan and offset, if you own one. Whether reports can be cut on the Australian financial year of 1 July to 30 June. And what happens to your data if you leave. Price matters least, because every serious option costs less than an hour of an accountant's time.

Do I need bank feeds to track several accounts?

No, but be honest about the trade. Feeds through Australia's Consumer Data Right are credential-free and refresh by themselves, which is genuinely easier when you hold six or eight accounts. File-based tools such as Kleev ask you to export a CSV from each account, a chore that scales with the number of accounts, in exchange for never handing over a bank login and having no standing connection to revoke. If you know you won't do the exports, choose feeds.

How does Kleev handle several bank accounts and credit cards?

You export a CSV from each account and drop the files in together, up to ten at once on the free tier, twenty on Pro and thirty on Max. Kleev identifies each bank from the file's column headers rather than its name, parses it in your browser without uploading the raw file, and deduplicates across uploads on date, description and amount, plus the running balance when a file carries one, so overlapping exports don't double-count. It then detects transfers between your own accounts, and offset accounts sitting against a loan, so neither lands in your spending totals.

Can wealth tracking software include my super and share portfolio?

Almost all of it can, though usually as a value you enter and update yourself rather than a live feed, which is fine because those balances genuinely change slowly. What matters is whether the tool keeps a dated history of each value or overwrites it. In Kleev, super, investments, crypto, cash and other assets are manual entries that each hold values with an as-of date, so the trend is charted rather than replaced. If shares are the bulk of your wealth and what you need is dividend and capital-gains reporting for the ATO, a dedicated Australian portfolio tracker such as Sharesight is the better tool for that part of the job.

Which tracker is best if I own an investment property?

Of the six Australian money apps we have compared, Kleev is the only one with a dedicated property module rather than a single manually valued line: per-property loans with amortisation, offset accounts with three what-if projections, a statement grid that reconciles rent and expenses month by month, plus valuations, expenses and per-property transaction tagging. PocketSmith is the strongest alternative, because its Australian open-banking feeds can bring in home-loan and offset balances automatically, which keeps those numbers current with no work at all. In WeMoney, Frollo and Billroo a property is a manual net-worth asset, and YNAB offers tracking accounts plus a documented workaround for offset mortgages.