MoneyThumb charges for every account on every monthly statement. OFXStatement charges for pages, and every plan exports OFX, CSV and Excel. Compare the two price lists against your own statement count below, then test 15 pages of your statements before you buy.
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OFXStatement is a MoneyThumb alternative that bills per page instead of per account per monthly statement. For a bookkeeper converting 480 statement months a year it costs $294 against $799.95 at MoneyThumb; for a household converting 24 it costs more. MoneyThumb is still the pick if you need QFX or QBO files, which OFXStatement does not produce.
MoneyThumb Online is a capable converter with OCR built in. The reasons people shop around are about how it is sold, not whether it works.
A client with checking, savings and a card produces three conversions a month, 36 a year. At practice scale that adds up to the 800-conversion pack quickly.
OFX or QIF, QFX, QBO and spreadsheets are four separate MoneyThumb Online products, each with its own conversion pack.
Yearly plans come in fixed steps of 25, 60, 240 and 800 conversions, so a busy season can push you into the next step.
A new client arriving with two years of statements for four accounts is 96 conversions before any monthly work starts.
A per-page converter built around OFX, with CSV and Excel from the same upload.
Starter covers 3,000 pages a month for $49, or $24.50 a month billed yearly. A five-page statement costs under ten cents of allowance.
OFX, CSV, Excel and JSON come out of the same extraction, so a client who wants a spreadsheet and a ledger import is one upload.
Each transaction gets a FITID unique across the statement, and the ledger balance is taken from the printed closing balance.
PDF, JPG, PNG, HEIC, TIFF and BMP all read, up to 50 MB per file, so photographed statements need no rescanning.
Upload 50 statements at once, remove the 25-page cap per statement, and call the converter from your own intake through the API.
A statement password opens that one file and is not saved, and no bank login is ever requested.
Use a statement you already converted elsewhere, so you know the right answer.
Choose a month with checks, card refunds and a page break mid-table.
Tip: Scanned or photographed statements are the best test.
Upload above and export OFX, CSV or Excel from the same result.
Tip: The demo covers 15 pages, 5 per file.
Import into a scratch company file and check the count and ending balance against the paper.
Tip: A missing row shows up as a balance gap.
Which tool costs less depends on how many statement months you convert. Here is who comes out ahead with each.
Hundreds of statement months a year fit inside one Starter allowance.
Backlogs of multi-year statements cost pages, not one conversion per account per month.
A couple dozen statements a year is cheaper on a MoneyThumb yearly pack.
MoneyThumb discounts extra licenses; each OFXStatement plan is one user.
The real difference between the two tools is the unit you pay for. MoneyThumb Online charges per conversion, and its store page defines one as each account on each monthly statement. OFXStatement charges per page. A five-page checking statement is one MoneyThumb conversion and five OFXStatement pages, so which tool is cheaper depends almost entirely on how many statements you convert and how long they are.
MoneyThumb prices read on 14 October 2026: monthly plans of 5 conversions for $24.95, 20 for $49.95 and 60 for $99.95; yearly plans of 25 for $124.95, 60 for $199.95, 240 for $399.95 and 800 for $799.95. OFXStatement Starter is $49 a month or $294 billed yearly for 3,000 pages a month; Plus is $149 a month or $894 yearly. The table below runs four real workloads through both price lists, assuming five pages per statement unless noted.
| Who is converting | Statement months a year (pages) | MoneyThumb Online, yearly plans | OFXStatement, billed yearly | Cheaper option |
|---|---|---|---|---|
| Household, 2 accounts | 24 (about 120 pages) | $124.95 (25 conversions) | $294 (Starter) | MoneyThumb |
| Sole proprietor, 1 account with 40-page statements | 12 (about 480 pages) | $124.95 (25 conversions) | $894 (Plus, needed above 25 pages per statement) | MoneyThumb, by a wide margin |
| Bookkeeper, 20 clients with 2 accounts each | 480 (about 2,400 pages) | $799.95 (800 conversions) | $294 (Starter) | OFXStatement |
| Small practice, 60 clients with 2 accounts each | 1,440 (about 7,200 pages) | $1,599.90 (two 800 packs) | $294 (Starter, 600 pages a month) | OFXStatement |
The pattern is clean. Below roughly 60 statement months a year, a MoneyThumb yearly pack costs less, and for long business statements it wins by even more because a 40-page month is still one conversion. Above about 240 statement months a year, per-page billing pulls ahead fast, because Starter covers 600 statements of five pages every month for the same $294. Bookkeepers and practices land in that second group. The full ladder, with cost per statement at each tier, is on the MoneyThumb pricing page.
| What matters to you | OFXStatement | MoneyThumb Online |
|---|---|---|
| How you run it | In the browser, any operating system | In the browser; the old desktop line is retired |
| Billing unit | Per page, 3,000 pages a month on Starter | Per conversion, one account on one monthly statement |
| Unused volume | Monthly page allowance | Unused conversions roll over when the subscription renews |
| Formats | OFX, CSV, Excel and JSON from one plan | One product per format: Accounting (OFX or QIF), Quicken (QFX), QuickBooks (QBO), Spreadsheets |
| QFX for Quicken, QBO for QuickBooks Desktop | Not offered. Quicken users import our CSV | Yes, through the Quicken and QuickBooks products |
| Scanned statements | Built in, plus JPG, PNG, HEIC, TIFF and BMP photos | Built in (OCR/IDR) |
| Seats | One user per plan | Per license, with 20% off at 2 licenses up to 35% at 50 |
| Long statements | 25 pages per statement on Starter, unlimited on Plus | A 60-page month still counts as one conversion |
| Try before buying | 15-page demo, 5 pages per file | Trial offered on the product page |
Pick MoneyThumb if you need a QFX file for Quicken Web Connect or a QBO file for QuickBooks Desktop, because OFXStatement does not make either. Pick it for low, steady volume, for very long statements, or for a team that wants several licenses at a discount, since every OFXStatement plan is one user. Its rollover of unused conversions also suits people who convert in bursts around tax season.
Pick OFXStatement when you convert hundreds of statements a year for clients and want OFX, CSV and Excel without buying a separate product for each format. Plus adds bulk upload of 50 files at once and an API for firms that want conversion inside their own intake. The OFX files are built for strict importers: every transaction gets a FITID that is unique across the statement, and the ledger balance comes from the closing balance the bank printed, which is what MS Money, GnuCash, Moneydance and Xero check against. If you are also weighing per-page rivals, see the DocuClipper alternative comparison and the roundup of the best PDF to OFX converters.
Nothing about the switch locks you in. Convert last month's statements in both tools, import each file into a scratch company, and compare the transaction count and ending balance. If your clients' books live in QuickBooks Online, the CSV or OFX imports directly; for Quicken, use the Quicken bank statement converter route through CSV. For big backlogs, the bulk bank statement converter takes 50 files per run.
For bookkeepers and practices converting hundreds of statements a year, a per-page converter such as OFXStatement usually costs less and exports OFX, CSV and Excel from one plan. For a few dozen statements a year, or if you need QFX or QBO files, MoneyThumb itself remains the better fit.
MoneyThumb Online is a subscription. On 14 October 2026 its store listed monthly plans of 5 conversions for $24.95, 20 for $49.95 and 60 for $99.95, and yearly plans of 25 for $124.95, 60 for $199.95, 240 for $399.95 and 800 for $799.95. One conversion is one account on one monthly statement.
Not anymore. The desktop converters that were sold as lifetime licenses have been retired, and the current MoneyThumb Online products renew monthly, yearly or by auto-refill when conversions run low. Unused conversions roll over when the subscription renews.
Yes. MoneyThumb Online runs in a web browser, so it works on a Mac the same way it does on Windows. The same is true of OFXStatement, which needs no installation on any operating system.
Yes. MoneyThumb says its online converters use OCR built for bank statements and accept scanned as well as native PDFs. OFXStatement also reads scans, and additionally accepts phone photos in JPG, PNG, HEIC, TIFF and BMP.
No. OFXStatement exports OFX, CSV, Excel and JSON. Quicken users import the CSV through Quicken's banking CSV import, and QuickBooks Online users import the CSV or OFX. If you specifically need a QFX for Quicken Web Connect or a QBO for QuickBooks Desktop, MoneyThumb sells products for that.
Yes. Upload the PDF or a scan to OFXStatement, check the extracted rows, and export an OFX file with a unique FITID per transaction and the printed closing balance as the ledger balance. It imports into MS Money, GnuCash, Moneydance, Xero and other OFX readers.
Every MoneyThumb tier and the real cost per conversion.
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$294 charged today
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| Base AI Faster | 2,500 pages |
| Pro AI Best accuracy | 500 pages |
Scale statement conversion with bulk upload, custom templates and reports.
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$894 charged today
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| Base AI Faster | 10,000 pages |
| Pro AI Best accuracy | 2,000 pages |
Enterprise-grade bank statement conversion and controls.
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| Base AI Faster | pages |
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