This closure comes less than a year after the big-four bank acquired the budgeting app from AMP. 

MoneyBrilliant is the second major budgeting app to face closure this year, with buy now pay later provider Zip axing Pocketbook back in August. 

From 16 November, MoneyBrilliant users will no longer be able to refresh accounts to show the linked account transaction or balance information or connect new accounts to MoneyBrilliant. 

Further, from 16 December, MoneyBrilliant users will no longer be able to access the MoneyBrilliant app, web services or access account information. 

The news comes as Westpac focuses on budgeting features in its native app.

What to do if you're a MoneyBrilliant user

In a statement, MoneyBrilliant noted users looking to keep a copy of their records should export account information prior to closure on 16 December as users will be unable to access their data after this date. 

Users are to note they can only download or export their MoneyBrilliant data through MoneyBrilliant's desktop application at the following link. 

MoneyBrilliant notes user data able to be downloaded includes:

  • Accounts summaries
  • Spending reports
  • Net worth
  • Transactions
  • All budgets vs actuals
  • All budgets

See more: Popular apps for budgeting and saving money 

Image by Keira Burton via Pexels