Penge vs Frid
Co-founder of Penge · Published 2 September 2026 · 5 min read
Penge gives you custom categories and recurring-cost tracking free across 2300+ banks in 30+ countries. Frid gives free users 12 months of stored transaction data and is on Android. Basic adds automatic budget proposals.
Key takeaways
- Both are Norwegian and connect banks through Open Banking. Penge uses your bank's own login, while Frid states that it uses BankID.
- Frid's price page lists a free version and a Basic tier at 139 kroner a month or 1390 a year, with a Premium tier coming.
- On Frid's free version the transaction history is capped at 12 months, and custom categories, account sharing and recurring-expense tracking sit on Basic.
- Penge is free, has no ads, and has no paid tier to compare against.
The short version
Pick by what the free tier gives you: Penge's free app includes custom categories, recurring-cost tracking and uncapped history, while Frid puts those on Basic but gives free users 12 months of data and an Android app. Penge has no account sharing at all; Frid's sharing sits on Basic.
| Penge | Frid | |
|---|---|---|
| Price | Free, no ads | Free, or Basic at 139 kr a month and 1390 kr a year[1] |
| Bank connections | 2300+ banks in 30+ countries | Banks and credit cards[1] |
| Login | Your bank's own login | BankID[2] |
| History on the free tier | The current month, plus the previous month when you connect in the first half of a month | 12 months[1] |
| Custom categories | Included | On Basic[1] |
| Sharing accounts with someone | Not available | On Basic[1] |
| Tracking recurring costs | Included | On Basic[1] |
| Languages | English, Norwegian, Swedish and Danish | Not stated on the pricing page[1] |
| Platforms | iPhone | iPhone, iPad and Android[3][4] |
What Frid does well
- The free version stores 12 months of transaction data, more than Penge fetches on a first bank connection.[1]
- Basic has automatic budget proposals, useful if you have no idea where to start.[1]
- Frid is on Android, which Penge is not yet.[3]
Where Penge differs
- Everything is in the free version, including custom categories, and the history you build up is kept with no 12-month cap.
- Coverage beyond Norway: 2300+ banks in 30+ countries, which matters if you hold an account abroad.
- It finds your recurring charges and subscriptions on its own and tracks what each costs per month.
- You can split one transaction across categories when a single purchase was two things.
- Four languages: English, Norwegian, Swedish and Danish.
Which should you pick?
If you need Android today or want 12 months of transaction data straight away, Frid has the advantage. Automatic budget proposals are on Basic.[1][3] Choose Penge if you want custom categories and subscription tracking free, especially when you also hold an account outside Norway.
Paid monthly, Basic comes to 1,668 kroner a year; the 1,390 annual price saves you 278. The prices come from Frid's own price page in August 2026 and may have moved since.
Start with the part that decides it: are your banks on the list? See the banks we support
Get a full overview with Penge
Connect your bank and let the app categorize and budget automatically.
Frequently asked questions
- Can I use both at once?
- Yes. Penge has read-only access, and Frid states that its app cannot make payments yet. You can therefore compare the two views without either app moving money.
- Is there a risk in connecting two apps?
- You give two companies access to financial data instead of one. Read both companies' terms and privacy notices before connecting them.
- Is Penge on Android?
- Not yet. Penge is iPhone-only, while Frid also has iPad and Android apps. If you need either of those today, Frid is the one of the two that has them.
- What if I want to move from Frid to Penge?
- Connect your banks again in Penge. The first sync fetches the current month, plus the previous month when you connect in the first half of a month. Your categories do not travel. Every transaction arrives with a category suggested from your own history, and you confirm it with one tap. Automatic categorization must be turned on in settings.