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

Here we see a scroll through of all default categories. Default categories are also posted at the end of this article so that you can restore defaults in case you deleted some. 

We are shown a screen that is scrolling through the various Categories and their given icons, explained again below

Deleting categories

You can delete transaction categories from the Manage Categories page on web. Remove categories that you don't want to track separately or aren't relevant to you.

Deleting categories is not yet available in the mobile app.

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


Was this article helpful?
3 out of 4 found this helpful