What are the default Transaction Categories?

Monarch Money has a hierarchy of Groups and Categories to help you organize your transactions and easily track Income, Expenses and Transfers.

In addition to the default list, you can create your own custom Groups and Categories.

Tips and Tricks

  • Credit card transactions can be categorized differently depending on your use:
    • The "Transfer" category should be used for credit cards that are already connected to Monarch and used for purchases so the expenses aren't double-counted
    • The "Credit Card" Payment category works best when there is a card not connected to Monarch or when you want to track credit card debt you're paying off
  • Create your own custom categories and groups in web!
  • You can move categories to new groups.

Default Categories

Monarch Money comes pre-loaded with default transaction categories that we think will be useful. See any Categories you don't want? Disable them to turn them invisible (only custom categories may be deleted), and move them to another Group if you want to delete the Group they are in (the following gif shows how it's done). 


Deleting Categories

You can delete custom transaction categories from the Manage Categories page on web, but default categories may only be disabled and not deleted. Delete or disable any Categories that you don't want to track separately or aren't relevant to you.

A category named Doctor Reimbursements is shown being deleted with a previous transaction being relabelled to Other Income as a result


Default Category List


💵 Paychecks
💸 Interest
💰Business Income

Gifts & Donations

🎗 Charity
🙏 Religious Donations
🎁 Gifts

Auto & Transport

🚗 Car Payment
🚃 Public Transportation
⛽️ Gas
🔧 Maintenance
🚗 Auto Insurance
🚙Ride sharing


🏠 Mortgage
🏠 Rent
🔨 Home Improvement
🏡 Homeowner Insurance
🏡 Renters Insurance
🌳Lawn & Garden

Bills & Utilities

🗑 Garbage
💧 Water
⚡️ Gas & Electric
🌐 TV & Internet

Food & Dining

🍽Restaurants & Bars
☕️Coffee Shops

Travel & Lifestyle

🏝Travel & Vacation
🎥Entertainment & Recreation
👑 Personal Care
🐶 Pet Care
😜 Fun Money


👕 Clothing
🪑 Furniture & Housewares
🖥Computer & Electronics


📚Kids Education
👶 Child Care
⚽️Kids Activities


🎓Student Loans
📚Books & Supplies

Health & Wellness

💊 Medical
💪 Gym
🏥 Health Insurance


📄 Life Insurance
💰Loan Repayment
🏦 Financial Fees
🏧Cash & ATM


❓ Uncategorized


🔁 Transfer

💳Credit Card Payment

⚖️Balance Adjustments


📣Advertising & Promotion
📞Business Utilities & Communication
💵Employee Wages & Contract Labor
🍴Business Travel & Meals
🚖Business Auto Expenses
📁Business Insurance
🗄Legal & Professional
📎Office Supplies & Expenses
🏢Office Rent


🏦Federal Income Tax
🏦State Income Tax
🏦Property Tax


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