Apple’s Wallet app is introducing a financial tracking tool called Insights in the second beta of iOS 27. This feature gives iPhone users the ability to monitor their spending across various bank accounts right from their phone’s payment app.
What Is the Insights Feature?
You’ll find Insights within the Wallet app—Apple’s app for storing credit cards, boarding passes, and Apple Pay—accessible through a three-dot menu in the upper right corner. Once you’re in, you can link different financial accounts and view your spending patterns all in one place.
Think of it as a simplified version of Mint or Apple’s Screen Time, but focused on your finances. Instead of switching between your bank’s app, a credit card app, and a budgeting tool, Insights pulls everything together into a single screen that you already use regularly.
This feature is currently available in iOS 27 Beta 2, which Apple released to developers this week. A public beta is expected in July, and the full release is aimed for September, coinciding with new iPhone hardware.
Why Apple Is Adding This Now
Apple has been gradually expanding its financial services over recent years. They launched Apple Card in 2019, introduced a high-yield savings account in 2023, and incorporated buy-now-pay-later features directly into iOS. Insights seems like a logical next step: once Apple has your card and savings account, a dashboard view of all your finances keeps you engaged within the Apple ecosystem, rather than needing to use a third-party app.
This move also puts pressure on standalone budgeting apps like Monarch Money and Copilot, which charge monthly fees for similar multi-account spending overviews.
What We Know — and What We Don’t
As this feature is still in beta, details are limited. MacRumors reported that the Insights option is found in the three-dot menu, allowing users to add financial accounts for monitoring. It’s unclear how many institutions will be supported at launch, whether it will utilize Plaid (a third-party service that connects apps to bank accounts), or what specific spending categories or charts will be included.
Keep in mind that beta features can change before the final release. Apple sometimes removes features between beta and launch or decides to hold them back completely.
| Detail | Info |
|---|---|
| Beta stage | Developer Beta 2 |
| Public beta expected | July 2026 |
| Full release expected | September 2026 |
| Where Insights lives | Wallet app → three-dot menu (top right) |
| Accounts supported | Multiple financial accounts (specifics TBD) |
What This Means
If Insights works as planned at launch, it could change the way many iPhone users manage their finances. Right now, most people either rely on their bank’s app, pay for a third-party budgeting tool, or don’t track their spending at all. Having a built-in, no-subscription spending overview in iOS removes a significant barrier for those who know they should budget but haven’t signed up for anything yet.
The downside is trust. Connecting your bank accounts to any service means sharing login credentials or granting read access to your transaction history. Apple has a solid reputation for privacy, but users will still have to decide if they’re comfortable with Cupertino having access to that information. How Apple handles data sharing and whether they use the data for ads or financial product targeting will be important to watch before the final release.
Community Reaction
“This is what killed Mint for me — I only used it for the multi-account view. If Apple can do this natively and not sell my data, I’m in immediately.”
— u/PacificNorthwestPete, r/apple
“Cool idea but I’m not connecting my checking account to Apple until I know exactly where that data goes. The savings account was already a stretch.”
— YouTube comment on 9to5Mac’s iOS 27 Beta 2 overview video
What To Watch
- July 2026: Apple’s public beta arrives, giving non-developers their first chance to see Insights and how it performs in practice.
- Before September: Keep an eye out for details on which financial institutions will be supported and how account linking will work—specifically whether Plaid or a competing service is involved.
- September 2026: The full iOS 27 launch will coincide with new iPhone hardware. If Insights makes it to release, expect Apple to highlight it as part of a broader financial tools narrative.
- Third-party budgeting apps: Keep track of Monarch Money, Copilot, and similar services for any pricing changes or responses to Apple’s built-in option gaining popularity.
Sources: MacRumors: Wallet App Gets New ‘Insights’ Feature in iOS 27 Beta 2 | 9to5Mac: Here’s what’s new with iOS 27 beta 2 | MacRumors: Everything New in iOS 27 Beta 2
Ava Mitchell
Ava Mitchell is a digital culture journalist at Explosion.com covering social media platforms, streaming services, and the creator economy. With 4 years reporting on TikTok, Instagram, YouTube, and the apps that shape daily life, Ava specializes in explaining platform policy changes and their impact on everyday users. She previously managed social media strategy for a tech startup, giving her firsthand experience with the platforms she now covers.
