Intuit to discontinue Mint app in 2024, merging features into Credit Karma

Intuit to discontinue Mint app in 2024, merging features into Credit Karma

On January 1, 2024, Intuit will discontinue the long-standing and well-known budget tracking app, Mint.com, and integrate it into Credit Karma, another of its finance-related services. Mint, purchased by Intuit in 2009, offers budget tracking, expense management, bill negotiation, and subscription monitoring. As Mint transitions into Credit Karma, the continuation of these features remains uncertain.

Credit Karma, acquired by Intuit in 2020, provides similar financial services but does not currently include Mint's budget tracking features. The service doesn't offer monthly and category budget setting, but instead promotes a simplified approach to spending awareness and savings tracking. Earlier this year, it added a feature that allows users to monitor their net worth, akin to Mint's functionality. Some of the alternatives to Mint, aside from Credit Karma, include platforms such as Monarch, Quicken Simplifi, Tiller Money or the classical HomeBank

Existing Mint users can transfer their accounts to Credit Karma via the Mint app. After the transition, Mint profiles will no longer be accessible. Users choosing not to migrate to Credit Karma have the option to download and delete their Mint data.

by Mauricio B. Holguin

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Mint.com is a web-based personal financial management service available for users in the US and Canada. It's primarily a budget manager with a focus on tax features. Despite its rating of 2.5, it remains a viable option for individuals seeking online budgeting tools. Top alternatives to Mint.com include GnuCash, HomeBank, and Money Manager Ex.

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