LearnVest, the popular personal financial management app, was introduced just yesterday yet it catapulted to the sixth most downloaded iPhone app in the nation.
The the top three most-downloaded apps — from PayPal, Bank of America, and Chase Mobile — held their positions this week. To get a sense of the user numbers behind these rankings, In recent earnings reports, Bank of America announced 11.1 million active users of its app, while Chase counted 9.8 million, 36% growth in users over last year.
Here are the Top 20 Finance Apps for the iPhone this week. Numbers in parentheses indicate movement over past week:
1. | PayPal (0) |
2. | Bank of America (0) |
3. | Chase Mobile (0) |
4. | Wells Fargo Mobile (+1) |
5. | Capital One Mobile (+1) |
6. | LearnVest (-) |
7. | Mint.com (-3) |
8. | Credit Karma Mobile (0) |
9. | QuoteSonic Insurance (-) |
10. | American Express (-3) |
11. | Citi Mobile (-2) |
12. | Discover Mobile (-1) |
13. | USAA Mobile (-3) |
14. | Bluebird (-) |
15. | Yahoo! Finance (-3) |
16. | US Bank (-2) |
17. | Fidelity Investments (-2) |
18. | iSpending (-) |
19. | Barclaycard (-3) |
20. | PNC Mobile (-3) |
LearnVest and QuoteSonic Insurance, an app for getting the best auto-insurance rates, are newcomers to the Top 10. PFM app iSpending, a periodic visitor to the Top 20, retuned this week to land at No, 18. Winging its way to No. 14 is Bluebird, jointly offered by Walmart and American Express.
Other than Bluebird, the 11th to 20th ranked apps all dropped from one to three spots in order to make room for newcomers.
Bluebird will likely fly to even greater heights in these rankings. Its companion prepaid card is now available in Walmarts everywhere, in special display cases by the entrance.
BB&T Mobile Banking, SunTrust Mobile, and Pageonce all left the Top 20 this week.
Greatest Jump in Ranking: LearnVest
Largest Declines in Ranking: Mint.com, American Express, USAA Mobile, Yahoo! Finance, Barlcaycard, PNC Mobile
LearnVest was number 5 during the day yesterday.
Hi Jeff, thanks for your comment. It’s a great success for LearnVest, no doubt about it! We have another post about the service going up soon.
A word about our method for the Friday app posts. We take weekly snapshots of the rankings, usually around 9 AM Eastern each Friday. Therefore LearnVest is “new” to our rankings, but may well have been higher earlier in the week.
Thanks again for your note.