Mint Review - why 5 stars?

Mint Review
ITQlick Score: 86/100
ITQlick Rating:
Pricing: 3/10 - low cost
Category: Accounting & Finance -> Mint review
Ranking:Ranked 25 out of 419 Accounting & Finance systems
Company: Intuit
Pricing: starts at $14.99 per month
Typical customers: Small businesses and start ups
Platforms: Cloud
Links: Mint pricing, Mint alternatives
Shlomi LaviShlomi 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.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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Mint
ITQlick rating
5/5
Score
86/100
Pricing
3/10
License pricing
$14.99 per month
Functionality
9
Review
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Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Intuit G...
ITQlick rating
3.2/5
Score
92/100
Pricing
6/10
License pricing
$12.50 per user/month
Functionality
3

Frequently Asked Questions (FAQs)

Is it the best Accounting & Finance system?

Mint is ranked 25 out of 419 software in their category (Accounting & Finance systems).

How they are rated on ITQlick?

The rating of Mint is 5 stars out of 5 and the total score is 86 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Mint makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Mint can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Mint and alternatives?

The most popular alternatives to Mint in 2023: Denali Business, MoneyDesktop, MultiCHAX, Intuit GoPayment, Alight Planning Enterprise. Access the complete competitors analysis here - Mint VS Accounting & Finance Software alternatives.

List of categories

Core Accounting
Budgeting & CPM
Financial reporting

List of features

Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Fixed-Assets
Capital Asset Planning
Graphical Data Presentation

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.