Quick Answer: Should I Trust Mint?

Should I use Quicken or Mint?

Quicken has much more functionality and can grow with you over time.

But for some, perhaps Mint is all you need.

If you want a service that’s available online via a web browser or app, Mint is a better service for that purpose.

Both Mint and Quicken are designed to show you how and where you spend your money..

If you use it to manage your finances, you may be wondering: Is the Mint app safe and secure? … Quick answer: Mint uses bank-level encryption and monitoring through various 3rd parties companies for read-only access to your financial accounts.

Does Mint report to IRS?

The IRS cannot secretly access information in Mint. They can however subpoena Mint data. … It is more likely that a request for Mint data would come up during an audit and would require the taxpayer to provide the information directly.

Is Mint secure and safe?

(Mint, for example, is encrypted with 128 bit SSL, which protects digital data files in transit. Files are also protected on the company’s servers with 256 bit encryption.) … They’ll have access to your data and see how much money you have in your account, but won’t be able to do much with it.

Should I use Mint?

Mint is one of the most popular personal finance apps on the market. … I’ve been using Mint for three years, and found it a useful tool to track my daily transactions and keep my budget in line. It also visualizes my spending activity in useful reports I can access any time.

Is there anything better than Mint?

#1 Personal Capital If you are looking for a web-based finance app that focuses on investing, this is the app we recommend. … Like Mint, Personal Capital is free to use. Unlike Mint, which focuses a lot on budgeting and where your money has gone, Personal Capital emphasizes investing and saving for retirement.

Has mint been hacked?

It is worth pointing out that Mint has never had to announce a security breach – unlike Chase, which last year reported a cyber attack had compromised 83 million of its accounts.

Is Truebill better than Mint?

Overall, these are both excellent apps for increasing your financial proficiency! They’re both modern, easy steps to taking control of your finances. However, Truebill has a larger range of services, especially with the premium version, and according to users, a much better experience.

Why is mint mobile so cheap?

Mint Mobile is so cheap because it keeps overhead to a minimum, to ensure your savings are at a maximum. You don’t need to change phones. Your current phone will likely work just fine. Plus Mint covers just about all populated areas in the country.

What happened Mint?

Intuit bought Mint in 2010 for $170 million and has been investing in technology and growing Mint’s user base ever since. Times are changing. Personal finance software is becoming commonplace. Today, there are a lot of able Mint alternatives.

Is there a paid version of mint?

While they’re similar apps, each has its own specializations. And perhaps the biggest difference between the two is that while Quicken is a paid service, Mint is completely free. … Quicken offers more services than Mint, which may more than justify the fee you’re paying for the service.

Does Mint have health benefits?

Mint’s health benefits range from improving brain function and digestive symptoms to relieving breastfeeding pain, cold symptoms and even bad breath. You really can’t go wrong adding some mint to your diet.

Can I trust mint with my bank information?

“Mint makes it so I don’t have to go to the individual bank sites,” Ranta told Reuters in 2015. … The bottom line: Users should proceed at their own risk when sharing bank account information, but rest assured that there are a variety of banking-level security measures that are designed to keep information safe.

Does Mint sell your data?

Though Mint does aggregate and sell consumer data, it anonymizes and pools the data to protect user privacy. … The information collected and sold provides insight into average spending, saving habits, and banking fees.

What are the benefits of using Mint com?

AdvantagesFree to Sign Up and Use. Mint is totally free to sign up for and use, no matter what you do with it. … Mobile Functionality Is User-Friendly and Convenient. … Overview and Email Alerts Reduce Account Logins. … Free, On-Demand Credit Score Is Convenient. … Automatic Account Syncing.