Mint VS Quicken Comparison
Trying to decide between Quicken vs Mint? While the two are similar, there are some key differences when comparing pricing, features, and ease of use.
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Mint and Quicken are among the most popular personal accounting tools. If you’re in need of personal accounting software and aren’t sure which one to choose, this Mint VS Quicken matchup is designed to help you make that decision.
In this comparison, we’ll look at the features, pricing, ease of use, and user reviews for Mint and Quicken to help you determine which is best for managing your personal finances. Keep reading to learn more about these top picks in personal finance software.
Table of Contents
Mint VS Quicken Comparison Summary
Mint and Quicken both help you manage your personal finances. But Mint is an easy-to-use, cloud-based option that’s free, while Quicken offers more robust features in its locally-installed paid personal finance software. Take a closer look at the similarities and differences between these two personal finance management tools.
Mint Quick Overview
- Easy to use
- Good mobile apps
- Lacks some important features
- No reports
- Poor customer support
Whether you’re at home or on the go, you can keep tabs on your finances quickly and easily with Mint. And it’s totally free. Don’t let the free price tag fool you, though. Mint has received rave reviews among users for how easy it is to use and how many helpful features it has — features typically reserved for paid software, such as expense tracking, budgeting, and investment tracking. There are, however, a few features that it notably lacks, such as bill pay. Mint also has strong mobile apps that are easy to use on your smartphone or other devices.
Mint is best suited for users that want a quick and easy way to track and manage personal finances. Even users without any prior software experience will find Mint’s cloud-based software and mobile apps easy to set up, learn, and use.
Quicken Quick Overview
- Competitive pricing
- Detailed reporting
- Advanced features
- Good mobile apps
- Slight learning curve
Quicken is loaded with features you won’t find with other software, whether your goal is to set up a monthly budget, track your investments, or pay off debt. Quicken is fairly easy to use, although some features can be a little tricky. Fortunately, Quicken offers excellent customer support to ensure you get the most out of your software. And while you do need to pay a yearly subscription fee, pricing is competitive. There’s even a risk-free guarantee so you can make sure that the software works for you before investing long-term.
Quicken is best for users that want a detailed view of their personal finances through locally-installed hardware. Quicken is most suitable for users that are willing to work with more complex software in exchange for abundant features and detailed personal finance reports.
What’s The Difference Between Mint & Quicken?
Mint and Quicken share similar features, such as bill tracking and budgeting. However, there are also extensive differences between the two, from pricing and advanced features to customer support. Here’s the breakdown of the differences between Mint and Quicken personal accounting software.
Both Mint & Quicken Offer…
- Customizable budgets
- Bill and expense tracking
- Direct connections to thousands of banks, financial institutions, and lenders
- Mobile apps for iOS and Android
- Investment tracking
- Credit score tracking
Only Mint Offers…
- Cloud-based software with no downloads required
- Free software
- Built-in security
- Easy-to-use software with no learning curve
- Numerous automations, including a Kelley Blue Book automation
Only Quicken Offers…
- Bank reconciliation
- Locally-installed software
- Advanced features like Bill Pay
- Nearly 50 reports
- Phone support
Mint VS Quicken Pricing
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When it comes to pricing, it doesn’t get much better than Mint. Mint is completely free to sign up, set up, and use for your personal finances. There are no hidden charges or fees — it’s completely no-strings-attached. In order to bring in revenue, though, there are some advertisements on the Mint website and mobile apps, so this is something to keep in mind. One thing to note is that Mint doesn’t go overboard with the advertising, so you can easily use the software without being bombarded by ads. You can also subscribe to two other paid plans that remove ads and provide you with additional features.
Though Quicken isn’t free, this software does offer five affordable pricing plans. The basic Starter plan is priced at $41.88/year. If you want additional features like online bill pay, priority support, or features that help you simplify and track taxes and investments, one of the higher-priced plans may better suit your needs. Quicken frequently offers new customer discounts for additional savings. And while a free trial isn’t available, you can try the software risk-free for 30 days.
Mint VS Quicken Features
|Bill Pay||Premiere Plan & up or available as an add-on|
|Investment Tracking||Deluxe Plan & up|
|Property Management||Deluxe Plan & up|
|Credit Score Tracking|
|Debt Reduction Planner||Deluxe Plan & up|
Both Mint and Quicken have a number of solid features to help you organize and track your personal finances. With Mint, you can track expenses, set bill reminders, create a budget, track investments, and set savings goals. You can even check your credit score for free. Quicken offers the same features but also offers a debt reduction planner, reporting, and other features to help you get your finances in order.
Let’s take a closer look at the key features of each so you can determine which is the best software for you.
Which Accounting Software Do Users Like Better: Mint Or Quicken?
Mint has received overall favorable reviews from users on Sitejabber, Google Play, and other sites. The most common praise that the software receives is for its ease of use, free pricing, and how well Mint simplifies tracking personal finances. There are a handful of negative complaints, though, that are primarily centered on a few key missing features and glitches that occur occasionally when connecting bank accounts.
Quicken also has a very good public reputation, bringing in a number of positive reviews and praise from sites including G2 and GetApp. Users most like the abundant features, competitive pricing, and ease of use. Some of the negative issues pointed out by reviewers include occasional bugs, crashes, and problems with loading transactions and syncing accounts.
Is Mint Or Quicken Better?
By this point, you should have a good understanding of what Mint and Quicken each bring to the table. But if you’re still not leaning toward one option or the other, keep these things in mind:
Choose Mint If …
- You prefer using cloud-based software
- You want software that’s easy to learn and use
- You need basic personal financing software without more complex features.
- You don’t want to pay for personal finance software
Choose Quicken If …
- You want personal financial software with advanced features
- You prefer using locally-installed software
- You want software that comes with excellent customer support
- You want to analyze your finances with customizable reports
Comparing Quicken VS Mint: The Final Verdict
For people looking for a detailed way to actively manage every aspect of their finances, Quicken is a great choice. It is ideal for users who enjoy the complexity of locally-installed software. If you want to create multiple budgets, track savings goals, and run reports, Quicken has far more to offer than Mint.
For people who want a simpler way to keep their spending in check and manage the basics of their finances, Mint is the winner. It is ideal for users who like cloud-based software and strong mobile apps that can keep up with a mobile lifestyle. It’s also a great choice for anyone that doesn’t want to pay a subscription fee each month or year.
While Mint and Quicken are great for personal use, more robust financial solutions may be in order if you own a small business. Start off by determining if using your personal bank account for business makes sense for your business, or if it’s time to upgrade to a business bank account. Then, start researching small business accounting software to keep your business finances on track. Start your search with our top nine picks for the easiest small business accounting software. Good luck!