Mint, One of the First Budgeting Apps, Is Shutting Down (2024)

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Mint, One of the First Budgeting Apps, Is Shutting Down? ›

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024.

The original personal finance dashboard, Mint.com's relatively meager ARPU of $2-$3 proved “they had the wrong business model”, said ex-Mint.com product manager and Monarch Money CEO Val Agostino—giving the product away for free and monetizing off referrals .

The reason for closing down the Mint app is the supposed consolidation of Intuit's personal finance products and to prioritize their focus on Credit Karma, which has more features and functions than Mint. However, some key features that made Mint what it is are said not to be available in Credit Karma, like budgeting.

Intuit Inc. announced that it will shut down Mint on March 23, 2024. The company's decision to discontinue the popular budgeting app could leave millions of users scrambling to find a replacement. Here's what the news means for consumers and what to consider when choosing a new budgeting service.

As of 3/23/2024, service for Mint Canada has ended as we have officially moved to Credit Karma. We acknowledge that this is a big change. We recommend that you download your Mint transaction data.

The Mint budgeting app will officially shut down on March 23, 2024, when users will no longer have access to their data on the app. Intuit®, which owns Mint and other personal finance platforms like QuickBooks® and TurboTax®, is inviting current users to migrate to Credit Karma, which it also owns.

By Jan. 1, 2024, users will no longer be able to use the Mint app; here are your alternatives. Mint has long been revered as one of the best budgeting apps on the market.

Mint, one of the earliest and most popular personal finance apps, is shutting down, and its owner, Intuit, is encouraging users to switch to Credit Karma, its platform that offers free credit scores and helps users track their money.

What is the Intuit controversy? ›

The Federal Trade Commission has issued an Opinion and Final Order that Intuit Inc., the maker of the popular TurboTax tax filing software, engaged in deceptive advertising in violation of the FTC Act and deceived consumers when it ran ads for “free” tax products and services for which many consumers were ineligible.

On November 2, 2009, Intuit announced its acquisition of Mint.com was complete. The former CEO of Mint.com, Aaron Patzer, was named vice president and general manager of Intuit's personal finance group, responsible for Mint.com and all Quicken online, desktop, and mobile offerings.

In 2021, TurboTax's parent company, Intuit, pulled its tax prep software from the IRS Free File program, a partnership between the government and various tax filing services that gives eligible taxpayers the ability to prepare and submit their federal tax returns at no cost.

Mint is a personal finance app that is safe to use. The company has safety features including multi-factor authentication and security scanning tools to keep your account and personal data safe. Does it cost money to use Mint? Mint is free to use and includes many useful features.

Never apply peppermint oil to the face of an infant or small child, as it may cause spasms that inhibit breathing. Peppermint may make gallstones worse. Large doses of peppermint oil can be toxic. Pure menthol is poisonous and should never be taken internally.

Quicken has much more functionality and can grow with you over time. It's also better than Mint if you're a small business owner or are managing rental properties.

The popular budgeting app Mint is going away on March 23. Intuit says app users can transition to Credit Karma, but it won't have the same budgeting features. If you used Mint to make budgets, here are seven alternative options.

Is Mint a safe app? Yes. Intuit, Mint's parent company, employs the latest security and technology measures to keep its customers' personal and financial information safe. Security measures include software and hardware encryption and multifactor authentication.