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Quicken Online Users Will Be Migrated to Mint

This article was written by in Software. 14 comments.


When Mint and Intuit announced the latter would be acquiring the former, the Quicken team and Aaron Patzer, the CEO of Mint, now a vice president of Intuit’s personal finance division, claimed that their two similar online product offerings, Mint and Quicken Online, would continue to co-exist. This made little sense to me.

In fact, I asked, “How long will it continue to make sense to maintain two highly similar services under one roof?”

We now know the answer is, “Not long at all.” The acquisition has passed regulatory requirements and is now official. With this news, Intuit has also announced that Quicken Online will cease to exist within six to nine months. This phase out will move Quicken Online users over to the Mint software.

It makes more business sense for Intuit to consolidate these similar product offerings, and I figured that in time either this would be the case or Mint’s software would be re-branded with the “Quicken Online” name.

I am not a heavy user of either Mint or Quicken Online. I prefer the desktop software. With Patzer heading the development of the desktop software as well, I expect some improvements in a year or so with the next or subsequent yearly release.

Updated March 21, 2011 and originally published November 6, 2009. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 11 comments… read them below or add one }

avatar Matt Jabs

I have an account with both, though I do not use either any longer. When I was trying out these services I used Mint more, but liked both.

Now-a-days I just track everything with pen and paper! Old school baby! :-)

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avatar Matt Jabs

I have an account with both, though I do not use either any longer. When I was trying out these services I used Mint more, but liked both.

Now-a-days I just track everything with pen and paper! Old school baby! :-)

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avatar jlmcclellan

I prefer it this way rather than the other way around. I've tried both and I definitely prefer mint. It's cleaner, easier to use and has some great features!

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avatar John L.

I like Mint a lot better, too, but I hate its lack of support for manually-entered transactions.

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avatar Aliotsy Andrianarivo

I prefer Mint's interface, but use Quicken Online for one reason, and one reason only: it supports linking to ING Direct.

Hopefully they'll address that before switching over.

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avatar nickel

I'm impressed that Mint was able to effectively kill Quicken's online offering.

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avatar Valerie

I don't know why Flexo expects changes to be better after the Mint takeover. Mint got itself going with younger users who had never tracked their finances before. But Mint did not give them any way to enter checks written that had not yet cleared (I guess they figured no one actually wrote checks anymore and that all transactions were debit cards or online bill pay). So I can't see how they expected users to actually know how much money they had and/or owed. They also provided very minimal report facilities, which would be useless at tax time for gathering data.

Min has a lot to learn about how veteran Quicken and MS Money users actually use the programs, IMHO!

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avatar Robert

They need to combine the best of both worlds. Mint is great about tracking simple checking and savings accounts, but it doesn't have the power of Quicken when it comes to stocks and other investments. However, Mint's online updating system also seems more reliable.

Hopefully they merge the right offerings together when they combine.

Robert

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avatar Luke Landes ♦127,475 (Platinum)

I expect eventually the online product will combine the best features of Quicken Online and Mint.

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avatar Luke Landes ♦127,475 (Platinum)

I expect eventually the online product will combine the best features of Quicken Online and Mint.

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avatar John

I do like the quicken online format much better. Mint would not follow through on my request to add a bank. I hope they merge the best of each system.

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