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Microsoft OneDrive vs Wave

A detailed comparison of Microsoft OneDrive and Wave in 2026. Compare pricing plans, features, and find out which cloud service is right for you.

Microsoft OneDrive

Cloud storage integrated with Microsoft 365

Microsoft OneDrive is a cloud storage and infrastructure service that provides cloud storage integrated with microsoft 365. Founded in 2007 and headquartered in Redmond, Washington, Microsoft OneDrive offers 3 pricing plans. It offers a free tier as well as paid plans starting from $1.99/month. Key features include Office apps included, 1TB storage, Collaboration, Personal vault. Microsoft OneDrive is a popular choice for users looking for quality cloud subscriptions.

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Wave

Free accounting and invoicing for small businesses

Wave is a financial and accounting service that provides free accounting and invoicing for small businesses. Founded in 2010 and headquartered in Toronto, Canada, Wave offers 2 pricing plans. It offers a free tier as well as paid plans starting from $16/month. Key features include Free accounting, Invoicing, Receipts scanning, Payments. Wave is a popular choice for users looking for quality finance subscriptions.

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Feature Comparison

Side-by-side comparison of features and capabilities

FeatureMicrosoft OneDriveWave
Starting PriceFreeFree
Plans Available32
Year Founded20072010
HeadquartersRedmond, WashingtonToronto, Canada
Office apps included
1TB storage
Collaboration
Personal vault
File sharing
Mobile app
Free accounting
Invoicing
Receipts scanning
Payments
Payroll
Reports

Pricing Comparison

Compare all available plans and pricing tiers

Microsoft OneDrive Pricing

Basic 5GB
Free
M365 Basic
$1.99/mo

$19.99/yr

M365 Personal
$6.99/mo

$69.99/yr

Wave Pricing

Free
Free
Pro
$16/mo

Frequently Asked Questions

Is Microsoft OneDrive or Wave better in 2026?

Both Microsoft OneDrive and Wave are excellent cloud services. Microsoft OneDrive offers Office apps included and 1TB storage, while Wave features Free accounting and Invoicing. The best choice depends on your specific needs and budget.

How much does Microsoft OneDrive cost compared to Wave?

Microsoft OneDrive starts at $1.99/month, while Wave starts at $16/month. Both offer multiple pricing tiers to fit different budgets.

Can I track both Microsoft OneDrive and Wave subscriptions?

Yes! TrackMySubscriptions lets you track all your subscriptions in one place, including Microsoft OneDrive and Wave. Get renewal alerts, spending analytics, and never miss a payment — 100% free.

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