Mint.com Finance Manager Review: What's The Catch?

A place to discuss anything... except credit cards!
10 posts
Dues
Green Member
Green Member
 
Posts: 22
Joined: Sat Oct 08, 2011 2:41 pm
Location: texas

Mint.com Finance Manager Review: What's The Catch?

Postby Dues » Sat Nov 05, 2011 8:45 am

I saw another post here http://creditcardforum.com/lounge/3316-using-cash-vs-credit-cards.html where Ramzo mentioned http://www.mint.com

I checked out their website and it sounds pretty awesome. I wanted to ask if any of you here use it currently and what your thoughts are on it? My biggest concern would be security - having all your login credentials in one spot seems like a hackers wet dream (see last lastpass hack LastPass CEO Explains Possible Hack | PCWorld)

From looking at it quickly ~ my own thoughts are, I can track my recent spending just fine and I am hardly the type to splurge. However, if this tracks ongoing history it would be nice to see at the end of the year (and previous years) how all those credit card purchases on different cards add up, how much cash was withdrawn for various things and just how much I spent on my car!!! (currently hates his car) Other thoughts are, why is this free (yes I read their site)? Are they selling this personal information as "anonymous"?

Would love to hear from anyone who has experience with this. Thanks! :D


DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Sat Nov 05, 2011 8:13 pm

I have been using mint.com for a few weeks and so far I like it.

It was taken over by Intuit, so there's a pretty well-known company behind it.

They make money by recommending products to save users money. It was a little annoying to see all the "recommendations" when I started but I found I could remove most of them.

You could try it with just one bank account and if you don't like it you can change your login to something mint.com won't have, but as I said I tried it and I plan on keeping it.

Moneytalks
Centurion Member
Centurion Member
 
Posts: 438
Joined: Sat Feb 04, 2012 8:22 pm
Location: United States

Postby Moneytalks » Wed Mar 14, 2012 9:43 am

I use mint, it's legit, and actually very useful, I would suggest it if you like to track where your money goes, and see where you can cut down.
Wallet: Amex BCE & Chase Freedom. (Credit Card dieting since 2014)

JCarter
Centurion Member
Centurion Member
 
Posts: 323
Joined: Thu Mar 15, 2012 10:40 pm
Location: Virginia

Postby JCarter » Wed Mar 21, 2012 12:47 am

I utilize Mint, and have for a while. I love it, as it combines everything from credit cards, banks, investment accounts and tells me where it is all going; and I don't have to spend an hour hearing it from a financial advisor. I can pull it up on my phone as well, and check to see that I am in budget on certain items.

User avatar
bisbicos
Centurion Member
Centurion Member
 
Posts: 284
Joined: Sun Jul 17, 2011 12:38 am
Location: Newton, MA

Postby bisbicos » Wed Mar 21, 2012 1:00 pm

I'm glad you guys started this forum topic. I just registered on mint.com. I really like how it simplifies my bills. Thanks again
Credit Cards
American Express: Fidelity Rewards (2% cash back) 9.5k
Zync NPSL
Discover: Discover More (5% rotating categories) 12k
Mastercard: Chase Freedom (5% rotating categories) 4.6k
Visa: Citi Forward (5x pts on restaurants) 15.7k
Citi Dividend (5% rotating categories) 5.6
Capital One Journey (1.25% cash back) 1.25k
BofA AAA (5% on gas) 2.5k
PenFed Platinum Rewards (5% on gas 3% groceries) 7.5k

Future Cards
US Bank Cash +
Chase Ink

JCarter
Centurion Member
Centurion Member
 
Posts: 323
Joined: Thu Mar 15, 2012 10:40 pm
Location: Virginia

Postby JCarter » Thu Mar 22, 2012 1:44 am

bisbicos wrote:I'm glad you guys started this forum topic. I just registered on mint.com. I really like how it simplifies my bills. Thanks again


If you are using it on a smart phone, be sure to activate the locking system with the drawing gesture so that it's harder to access should you lose the phone.

Dues
Green Member
Green Member
 
Posts: 22
Joined: Sat Oct 08, 2011 2:41 pm
Location: texas

Postby Dues » Sun May 06, 2012 5:18 pm

I had disappeared for a while but wanted to say thanks to those who vouched for the site - I'm going to start using it today.

DavidNY
Centurion Member
Centurion Member
 
Posts: 1332
Joined: Tue Jul 05, 2011 12:28 pm
Location: New York

Postby DavidNY » Sun May 06, 2012 10:17 pm

After using it for a while, I still like it.

The only issues I have are that occasionally it can't login to an account and it times out after 10 minutes of inactivity. If I start it up to update the accounts then step away, I sometimes need to login again when I return.

The mobile application is nice too.

kashmac123
Gold Member
Gold Member
 
Posts: 32
Joined: Thu Aug 09, 2012 3:26 am
Location: Los Angeles, Ca

Postby kashmac123 » Thu Sep 06, 2012 5:39 pm

I started using mint in 2009 then I stopped. I came back in August and they still had some of my old data there.

I like it fine just the fonts are to small.

kcarter609
Centurion Member
Centurion Member
 
Posts: 423
Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Thu Sep 06, 2012 6:33 pm

I used to mess with Mint, but more recently I found Quicken to be 100x more useful to me and the data is stored on my PC, rather than online.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)



Return to “The Lounge”

Who is online

Users browsing this forum: No registered users and 0 guests