What it does
Skwad combines envelope budgets with transactions imported from bank email alerts or optional bank linking. Its paid plans include reports, exports and a companion seat for a second person. A 15-day trial is available, but there is no lasting free plan.
Choose how transactions arrive
DIY costs USD49 per year and uses email alerts. LINK costs USD65 per year and adds Plaid bank linking; applicable tax is extra. Both include a companion seat and the budgeting tools.
For email scans, sign up and find your scan address in the app settings. Send bank alerts to your regular mailbox, then forward only the relevant senders or subjects to Skwad. The guide explains that overlapping alerts, or sending an alert both directly and by forwarding, can create duplicates.
Give each expense a place
Allocate money to customizable envelopes, change those allocations during a cycle and carry unused funds forward. Project budgets can have their own subcategories. Reports and exports are included in both plans, while bank linking is limited to LINK. The email method depends on the alerts your bank actually provides.
Strengths
- Email imports provide an alternative to connecting a bank
- Envelope allocations can roll over or change during a cycle
Watch out for
- No ongoing free plan after the 15-day trial
- Overlapping or duplicated email alerts can create duplicate transactions
Best for
- Households that want a shared envelope budget fed by bank email alerts
Sources
- Skwad envelope budgeting (Oct 28, 2026)
- Skwad pricing and trial (Oct 28, 2026)
- Using Skwad email scans (Oct 28, 2026)