Mint Review - why 5 stars?

Shlomi Lavi / updated: Apr 15, 2022

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What is Mint?

Mint is an online financial management service designed for personal use. It is the creation of entrepreneur Aaron Patzer to enable citizens in US and Canada to easily track their credit card, bank balance, loan transactions and investments on a single online interface.

In 2009, the software got acquired by Intuit and by November 2013 it was claimed it had up to 10 million users.

Who is it best for?

Mint is a software intended for individuals who don't necessarily own a big business but want to have a fair picture of how money flows into their account. It can be used by freelancers, non-profit organizations and small businesses. It does not offer any feature that goes beyond the level of personal finance though.

Main features and functionalities

Mint is the tool to keep you up-to-date with your money. Through a simple one time setup, it enables you to pull information from all your accounts and see exactly where you money is going. The information pulled is also categorized in a way that you can easily understand it.

For those who want to be notified about something specific, Mint offers more than 20 types of alerts. The software alerts users of any fee and reminds them to pay bills on time. All this happens in a secure environment guarantying that your money remains safe.

What is the actual cost?

The cost of license starts at $14.99 per month. ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for Mint. You can also find here pricing information from Mint's website.

Pros

• Compatible with smartphone all kinds, Android, iOS and Blackberry
• More than 20 notification options available either via phone or email
• All accounts are protect through bank level security
• Users can rely on it to track their investments
• Facilitates the budgeting process based on historical spending

Cons

• Does not support any other language except English
• No way to rely on it to reconcile many different accounts
• The only currency supported is the dollar
• Cannot be used to assigned multiple savings goals to a single account
• Does not offer any video tutorial for training

How it stacks up?

Access a head to head analysis of Mint vs alternative software solutions.

Frequently Asked Questions (FAQs)