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Guide

Subscriptions and recurring charges

5 steps · Automation

Balansi scans your transactions and finds subscriptions and recurring charges on its own — so you always know exactly how much you're paying each month, and catch price hikes or duplicate charges early.

  1. 1

    Open Subscriptions and recurring charges

    Next to the Recent transactions heading there is an icon button with looping arrows (a repeat symbol) — hovering over it shows the tooltip Subscriptions and recurring charges. Clicking it opens a panel listing every recurring charge that was auto-detected as well as ones you added yourself.

    The Subscriptions and recurring charges panel on open
  2. 2

    Run an automatic scan

    Tap Scan now to have Balansi look through your transactions for charges from the same merchant that repeat at a regular interval. A standing order is detected after just 2 charges; a regular recurring charge needs at least 3 charges at the same interval (roughly 2-3 months of transactions).

    The results after an automatic scan — the estimated monthly total and a detected subscription with a confidence level
  3. 3

    Review what was found

    Each detected subscription shows its frequency (monthly, yearly, etc.), the next charge date and a confidence percentage. Watch for the tags Price increased by X% and Maybe worth checking cancellation or Possible duplicate, and tap Hide on anything misdetected — you can bring it back later via Show hidden.

    The list of detected subscriptions with frequency, next charge date and tags like a price increase or a possible duplicate
  4. 4

    Add a fixed recurring charge manually

    If you have a standing order that hasn't been detected yet, tap Add subscription and fill in Type, Description, Amount, Currency, Category, Belongs to and Day of month — the transaction will be created automatically on that date every month. You can pause, resume, edit or delete it at any time.

    The manual add-subscription form — description, amount, category and a fixed day of the month
  5. 5

    See the annual summary in Reports

    In the Reports tab, under the More reports heading, click the Subscriptions — yearly summary card to see all your subscriptions and standing orders together with the total yearly cost, and spot dormant ones worth cancelling.

    The Subscriptions — yearly summary report in the Reports tab, showing the total annual cost of all subscriptions