Mint vs. Quicken (2024)

Mint is a completely free budgeting app, but does it match up to Quicken? Read this review to find out how they compare and which one is better for you.

Mint vs. Quicken (1)

Mint and Quicken are two of the most well-known personal finance apps. The major difference is that Mint is free, while Quicken is a paid program.

But does Mint do the job? Or is Quicken's subscription fee worth it? Read this detailed review to find out.

About Mint and Quicken

Founded by Intuit in 1983, Quicken is the granddaddy of personal finance software. It allowed people to gather all their finances in one place and quickly perform tasks that were usually done on paper.

Quicken is subscription-based desktop software. It offers comprehensive financial tools including budgeting, bill pay, investment tracker, and property and business accounting tools.

Mint launched in 2006 and was quickly dubbed the "Quicken killer." Unlike Quicken, Mint instantly synced all your banking and credit card accounts so that you can see your finances in real-time from anywhere.

Both Quicken and Mint were owned by Intuit at one point. Intuit bought Mint in 2009 and still owns it. Intuit sold Quicken in March 2016.

Quick Takeaway: Which is better—Mint or Quicken?
Mint is better for casual budgeters and day-to-day money management. Quicken is better for those with more advanced budgeting needs, including managing business finances and properties.

Key Differences and Similarities

Mint vs. Quicken (2)

First, let's take a quick look at where Mint and Quicken differ.


  • Cost: Free
  • Platform: Online web- and app-based platform
  • Special Features: View net worth, track progress toward goals


  • Cost: Subscription-based ($41.88-$119.88/year)[1]
  • Platform: Desktop program that can be used offline
  • Special Features: Bill pay, retirement planner, tax planner, accounting and property management, create tax reports, export into TurboTax

Mint and Quicken both offer the following features:

  • Link all external accounts
  • View balances on accounts and overall net worth
  • Track income and expenses by category
  • Manually add transactions
  • Debt payoff tool
  • Bill reminders
  • Track investments across all accounts
  • Free credit score monitoring
  • Customized alerts

However, note that Mint offers all of these for free, while you have to pay a subscription fee for Quicken.

Mint vs. Quicken: Which is Better?

Mint vs. Quicken (3)

Which tool wins out in a head-to-head battle? Let's take a more detailed look at how the two compare.

Cost — Winner: Mint

All Mint's financial tools are free. You just can't beat that. For the average person, the free tools offer more than enough to effectively manage your finances.

To keep the app free, Mint makes money by recommending other financial products. So you'll have to put up with some ads when using the platform. Mint also collects and sells data about consumer spending and savings habits.

On the other hand, Quicken has an annual subscription fee ($41.88 - $119.88 per year, depending on the plan). However, the price isn't so bad considering the tools you get.

The higher tiers have more advanced features, like retirement planning, tax reporting, business accounting, and real estate management. Those could be worth it if you need it.

Quicken offers 4 plans. All plans have a 30-day money-back guarantee.

  • Starter: $41.88/year
    See all your accounts, create a budget, categorize expenses, manage bills, and export to Excel
  • Deluxe: $59.88/year
    Added functions include: track loans, investments, and retirement accounts, create customized budget, manage and track debt, create savings goals
  • Premier: $83.88/year
    Added functions include: online bill pay, investment analysis, create Schedule D tax reports, track market value of your home, priority customer support
  • Home & Business: $119.88/year (Windows only)
    Added functions include tools for small business and real estate managers

But note that Quicken lacks features for Mac users. Home & Business is only available for Windows. And some of the retirement and investment monitoring features are not available on Mac.

Synching & Accessibility — Winner: Mint

Mint is a cloud-based web platform and mobile app (download: Apple, Google Play). Your accounts are automatically synced between the web and mobile app. This makes it easier to manage your finances in real time.

On the other hand, Quicken is a desktop software that you need to purchase and install on your computer. Your data is stored on your computer.

There is Quicken Cloud that syncs your data across the web and mobile app. It also automatically downloads your transactions. This is optional and you can turn it off if you want.

Quicken's desktop software seems outdated. But it may appeal to those who don't trust their information being stored on the web/cloud.

Budgeting — Winner: Quicken

Mint is known for budgeting, which it's great at - especially for a free app.

However, both programs allow you to:

  • Create spending categories and set a budget for each one
  • Track your spending in each category
  • Manually add transactions
  • Exclude specific expenses from your budget
  • Budget expected income

If you're willing to pay for Quicken, it does offer more features. For example, you'll get a budget forecast. It uses your expected income and upcoming bills to project your account balance, so you know how much actual cash you'll have left to spend.

You can also switch to "annual view" to see how much you've spent so far in a year. It'll also forecast your spending for the entire year. This is helpful for planning in advance.

Debt Payoff — Winner: Tie

Both products have a debt payoff tool. Mint offers debt payoff planning as part of the goal setting feature. To start, create a new goal to "crush credit card debt."

Quicken offers a similar Debt Reduction Planner in the Deluxe plan ($59.88/year).

Both programs will automatically detect which accounts have debt. Both let you enter how much you can afford to pay each month and tell you how long it'll take to pay it off.

You can play around with different payment amounts to see how they will impact payoff.

The main difference is that with Quicken, you can also manually add a debt.

Bill Pay & Reminders — Winner: Quicken

Mint allows you to set up all your monthly bills. You can link utility accounts (like DirecTV, and Verizon) and even add offline bills (such as for rent, cleaner, babysitter, etc.). Mint will show you the overall bill total due this month and how much cash you have available.

Besides just tracking bills, Quicken also lets you pay your bills directly through the software. Mint no longer supports bill pay as of June 2018.

However, the online bill pay is only available with Quicken's Premier plan. Many banks offer free online bill pay, so it doesn't make sense to get Quicken just for this feature.

Investment Tracking — Winner: Quicken

Quicken offers robust investment tracking tools in the Premier and Home & Business plans. You can:

  • See all your investment fees and your true market returns
  • Set up stock watchlists
  • See your actual portfolio allocation and target allocation (Windows only)
  • Evaluate your portfolio with Morningstar's X-Ray tool (Windows only)
  • Run IRR and ROI reports
  • Compare your portfolio's performance to market benchmarks
  • See realized and unrealized gains for tax planning
  • Use "what if" scenarios to see tax implications of selling
  • See market comparisons to help with buy/sell decisions

In comparison, Mint is purely an investment aggregator. It merely combines your accounts to show overall performance. You can see a list of your top performers and worst performers, allocation breakdown, and comparisons to the NASDAQ and SPY.

If you're looking for a FREE investment tracking app, we highly recommend Empower. It analyzes your current investment strategy and offers personalized advice. It calculates how much you're losing to fees and how you can rebalance your portfolio to reach your goals better.

Related: Best Investment Tracking Apps and Software

Other Investment Tracking Apps You May Like

Mint vs. Quicken (4)

Retirement Planning — Winner: Quicken

Quicken has a Lifetime Planner (Windows only) for retirement planning. You can input different "what if" scenarios (purchasing a home, children's college costs, etc.) to see how they'll affect your retirement savings.

It'll also take things into consideration like your future Social Security benefits, expected annual spending, estimated life expectancy, and estimated return on investment.

Quicken will use these assumptions to come up with a projection of your retirement finances. While this won't be 100% accurate, it'll give you some idea of how much you'll have to spend and if you'll run out of money.

Mint does not offer any real retirement planning abilities, except for basic tracking of a retirement goal.

Mint will help you come up with a retirement goal amount based on your current age, retirement age, and your desired annual income during retirement. You can then link savings and investment accounts to the goal. Mint will track your progress as you save.

Credit Monitoring — Winner: Tie

Both products allow you to monitor your credit scores. Mint gives you free credit scores and monitoring from TransUnion. Quicken also offers credit score monitoring and provides free credit scores from Equifax.

It tells you the factors that affect your credit score, such as your on-time payments, credit usage, total accounts, credit inquiries, etc. This information is helpful so you can monitor how you're doing and improve your credit.

Mint lets you set up customized alerts to stay on top of your finances. Alerts include:

  • If there's unusual spending or if you're over budget in a category
  • Credit score updates and credit changes
  • If an account drops below a certain balance
  • If available credit drops below a certain number
  • If there's a large purchase above a certain amount
  • If you're charged a bank fee
  • Bill reminders

This helps you monitor your accounts in real time. You know right away if something goes off track and you can take steps to fix it or adjust your budget.

Quicken allows you to set up alerts to notify you of changes in your finances or actions you need to take. Alerts include:

  • If an account reaches a specified balance
  • If your credit card bill is getting too high
  • If you're over budget in one area
  • Investment
  • Important tax dates
  • Bill reminders

Property & Small Business Management — Winner: Quicken

Mint doesn't offer any functions for real estate and small business management. So, Quicken wins in this category.

Quicken's small business and property management are only included in the Home & Business plan. Note that this is only available for Windows.

Small Business Management Features

  • Track all your assets and liabilities
  • Separate business and personal transactions
  • Store contracts, receipts, and other business documents
  • Create Schedule A to E tax reports
  • Track business deductions, even from personal accounts
  • Export directly to TurboTax
  • Create and email custom invoices

Real Estate Management Features

  • Track property value, loans, rental income, and expenses
  • Save tenant lists, lease terms, rental rates, and security deposits
  • Track outstanding and paid rents
  • Send email reminders and custom rent receipts
  • Run Schedule E and other tax schedule reports

The fee for the Home & Business plan is a great deal to manage more complicated finances and simplify your taxes.

Customer Support - Winner: Quicken

Mint doesn't offer phone or email support. They hope to make up for this by offering a fairly easy program, but if you have a quick question, you're out of luck.

Their support is currently limited to:

Quicken has a much better reputation for customer support. You can call and talk to a real, live person. Plus, you probably won't have to wait a long time to get someone on the phone. Quicken Premier subscribers also get their own Premium Support services.

Quicken's support includes:

Mint Pros & Cons

To sum it up, let's go over the pros and cons for a final comparison.


  • Tools are completely free
  • Automatically updates accounts in real time
  • Create custom budgets and track spending
  • View net worth on your dashboard
  • User-friendly interface and mobile app


  • Weak investment tracking tool
  • No retirement planning
  • No more online bill pay through Mint
  • No tax reporting

Choose Mint if: You want mobile access, prefer cloud-backed programs, are okay working with more basic features, and want something that's free.

Quicken Pros & Cons


  • Most comprehensive set of financial tools
  • Reconcile accounts
  • Robust investment tracking
  • Robust retirement planning
  • Online bill pay
  • Small business and property management
  • Import directly into TurboTax


  • Costs $41.88-$119.88/year
  • Some features not available for Mac

Choose Quicken if: You are a Windows user, prefer a desktop program, and are willing to pay for advanced features.

Alternatives to Quicken and Mint

If neither Quicken nor Mint seem like a good fit for you, here are some other popular alternatives.

Empower (read review) is our top recommended money management app, especially if investment tracking is your top priority. It's completely free to use.

The really cool thing about Empower is the free personalized investment advice. After linking all your investment accounts, it analyzes your strategy and gives advice on how you can adjust it to better meet your goals.

It also has a robust retirement planner. Similar to Quicken, you can input different life scenarios to see how they'll impact your future nest egg.

The only thing that's not as good is the budgeting feature. You can't assign a budget for custom categories. You can only set an overall monthly budget.

You Need a Budget (YNAB)
YNAB (read review) purely focuses on budgeting. Instead of just tracking your spending, it actually teaches you how to budget and helps you save. There is no investment or retirement planning.

YNAB costs $11.99 per month, so it's best for serious budgeters committed to changing their habits.

EveryDollar (read review) is the budgeting app created by celebrity money expert Dave Ramsey. It incorporates his signature "7 Baby Steps" to financial success.

The basic version is free and only supports manual entry. For auto-account syncing, it costs $129.99 per year. It's good if you're not sure where to start on your financial journey.

Bottom Line: Which is Better for You?

For the average user, Mint's free tools will be enough for day-to-day money management. Mint does a great job at keeping track of your expenses, bills, and savings goals. However, if you are more serious about investment tracking and retirement planning, you'll find Mint lacking.

There's no denying that Quicken offers more robust, comprehensive tools. It's the winner if you're looking for investment and retirement tracking. It's also better for small business owners, multiple property owners, and those with more complex finances.

But if you're not sure about paying for a subscription, we urge you to check out Empower as well. It has some of the best free tools on the market, so you may find that it fits your needs.


  1. ^ Quicken. Plans & Pricing, Retrieved 6/17/2022

Anna G is a contributing writer at CreditDonkey, a personal finance comparison and reviews website. Write to Anna G at Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Mint vs. Quicken (2024)


Is Mint as good as Quicken? ›

Mint's budgeting software is also easy to use and visually appealing. And both have been around long enough that they're viable options to choose between for basic budgeting. Both are excellent budgeting apps and comparable to each other in most ways. TIE — Mint and Quicken are both good choices for budgeting.

Is there anything better than Mint? ›

List Of The Top Mint Alternatives
  • Personal Capital.
  • Tiller.
  • YNAB (You Need A Budget)
  • Quicken.
  • Banktivity.
  • Every Dollar.
  • Moneydance.
  • PocketSmith.
Feb 12, 2023

What are the downsides of using Mint? ›

Pros and Cons
Offers direct import and automatic categorizing to save you some time.You can't get all of the app's features without paying a monthly fee.
Offers customized alerts and reminders to keep you on track with bill payments and more.No joint accounts.
2 more rows
Aug 27, 2022

How is Mint different from Quicken? ›

Mint is a cloud-based web platform and mobile app (download: Apple, Google Play). Your accounts are automatically synced between the web and mobile app. This makes it easier to manage your finances in real time. On the other hand, Quicken is a desktop software that you need to purchase and install on your computer.

How many years should you keep in Quicken? ›

One of the Advanced Options is to Create a year-end archive. This is the best option if you want to move transactions from your current data file into an archive. For most people, it is best to keep only a year to two years of data in the current file, so that Quicken can work with the data quickly and efficiently.

How reliable is Intuit Mint? ›

Is Mint a safe app? Yes, Intuit, Mint's parent company, employs the latest security and technology measures to keep its customers' personal and financial information safe. Security measures include software and hardware encryption and multi-factor authentication.

Why is Mint so popular? ›

That's because of a unique chemical element: menthol and the cooling sensation that menthol creates. We associate that cold feeling with freshness (which may have as much to do with marketing as anything), and so mint has the ability to make our mouths feel clean, whether or not they really are.

Why is Mint the best? ›

Perks. Unlike many other budgeting apps, Mint stands out for going beyond just budgeting and offering credit monitoring. Users get 24/7 access to their credit score for free, a credit report summary, as well as notifications of changes in their TransUnion® credit report.

How far back does Mint keep transactions? ›

Mint only imports transactions from the last 60 to 90 days.

Does Mint sell your data? ›

Mint brings together everything from spending, balances, and budgets to your credit score and more. Access your financial life in one powerful app. Mint is free and makes money from carefully selected partner offers that could help take your money further. We never sell your data.

Does using Mint affect credit score? ›

Checking your score does not affect your credit rating. Checking your score in Mint is free. You'll need to provide your Social Security number to access your credit score. Your credit score is automatically updated in Mint every seven days.

What is the number 1 finance app? ›

App App NamePublisher Publisher
1Cash AppSquare, Inc.
2PayPal - Send, Shop, ManagePayPal Mobile
3Capital One MobileCapital One Services, LLC
4VenmoPayPal, Inc.
46 more rows

Can you reconcile in Mint? ›

When your credit card is updated in, we will try to automatically reconcile the pending transactions. We do this based on matching both the amount and the date range. If there's no match, you'll have to manually reconcile the pending spending to your credit card.

Why did Intuit sell Quicken? ›

Intuit said in August last year it was divesting from its Quicken, Demandforce and QuickBase product lines to better focus on small businesses, and doing the “nations' taxes” in the U.S. and Canada.

How big is too big for Quicken file? ›

Trackable stocks - Up to 2,000 total; Split lines - approximately 250 total per transaction; Paycheck Line Items - 30 total line items per paycheck tracked; Dollar amount - A Quicken file cannot have an entry that is larger than 99,999,999.99.

What happens if you don't renew Quicken? ›

Overview. After your Quicken Membership expires, you will no longer receive updates to the Quicken application. However, you may continue to use the version of Quicken you had at the time your Membership expired to open your data files and, for Quicken Deluxe and above, continue to use Quicken in a manual mode.

Do you have to buy a new Quicken every year? ›

A: You will be able to install the program on both Windows and Mac. There is not a limit on h… Q: Do i have to buy this every year? A: Yes, all Quicken products are an annual subscription.

Does Mint work with all banks? ›

Simple and free: It's free and easy to get started, and Mint can connect to almost every US financial institution.

Is Mint owned by TurboTax? ›

Intuit, the financial software company behind TurboTax and Mint, knows a lot about you. The company can cross-sell its own products as well as products and services from third parties — like a Capital One Platinum Credit Card or a loan from Lending Club — based on what it knows about you.

Does Intuit still own Mint? ›

Mint, also known as Intuit Mint (styled in its logo as intuit mint with dotted 't' characters in "intuit" and undotted 'i' characters) and formerly known as, is a personal financial management website and mobile app for the US and Canada produced by Intuit, Inc.

Is mint actually cool? ›

Mint makes your mouth feel cold because of the menthol that naturally occurs in the mint plant. The nerves in your mouth have receptors called TMRP8 receptors that carry signals to the brain that they are feeling something cold. Menthol tricks your body by activating these receptors when there is really no reason to!

Where is mint most commonly used? ›

It is widely used in Middle Eastern and Greek dishes, including salads, side dishes, and sauces. Fresh mint is a favorite for herbal tea.

What makes mint unique? ›

All varieties of mint plant produce a chemical called menthol. This is the substance that gives mint its distinctive flavor. Your body senses cold when a protein called TRPM8 is activated in your nerve cells, which then relay a current signal to your brain that it interprets as a cold sensation.

Is mint good for daily use? ›

Consumption of mint leaves daily can give a soothing effect for asthmatic patients. Mint is known to clear a stuffed nose, menthol can make breathing a lot easier. It also relieves the irritation caused by a chronic cough.

Has Mint ever been hacked? ›

There's the possibility that Mint could be held liable for your information being stolen but since there haven't been any breaches reported to date, there's no way to know how the situation would pan out.

Why does Mint not show all transactions? ›

Mint imports transactions from the past 90 days only. If you haven't signed in for months or if your account is brand new, you might not see data older than the past 3 months. There is no way to add missing transactions from before that time period.

How many people use Mint? ›

With more than 20 million users, is a simple personal finance program that's web-based. It's free to sign up, and it takes only a few seconds to add new accounts. I picked ten personal accounts to test the service. I selected a mixture of banking, credit cards, loans, and investing in brokerage accounts.

What is the 50 30 20 rule? ›

One of the most common percentage-based budgets is the 50/30/20 rule. The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings. Learn more about the 50/30/20 budget rule and if it's right for you.

What happens when you use all your data on Mint? ›

Mint Mobile lets you choose the data amount that's right for you. Select from 4GB, 10GB, 15GB, or Unlimited data each month. And if you use all of your data, no worries, we don't charge overages or ever cut you off. If you finish all your data for the month, data speeds will slow.

Is Mint throttled? ›

Now, to be clear, almost no cell phone provider or MVNO provider offers truly unlimited data, and Mint Mobile is the same. After you've used 35 GB in the same month, Mint will slow your speeds down to 2G (the first digital connectivity speed type, which comes in around 0.1 Mbps).

What carrier does Mint use? ›

It runs on T-Mobile's cellular network, which means it uses T-Mobile's network but isn't owned by the company. Mint Mobile's wide variety of service offerings include multi-line plans, international calling and roaming, and Wi-Fi calling and texting. Cell Phone Plans Reviewed: Mint Mobile Unlimited.

What is the average Mint price? ›

Once an NFT is minted, it cannot be modified or deleted. Today, the average cost of minting an NFT on Ethereum—considered to be one of the most expensive blockchains—is around 16 to 20 gwei1, or $0.38 to $0.46 USD at the time of writing.

What is the average minting fee? ›

The gas price, which is the fee that you pay to the blockchain, plays an important role in creating NFTs. Your cost to mint NFT can be as low as $0.01, or as high as thousands . The average cost of minting NFT is $500.

Is Mint the best budgeting tool? ›

Easily monitor your spending

Mint is one of the best budgeting apps to use if you have a financial goal and want to monitor your spending regularly. It shows your account balance and recent transactions. It also lets you know about upcoming bills.

Can you balance your checkbook with Mint? ›

With a check number, will auto-reconcile your check entries with your bank account, once the bank has processed the check. So you don't need to worry about getting anything out of sync, as long as you provide the right check number each time.

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