Is Rocket Money or Mint better? (2024)

Is Rocket Money or Mint better?

Mint offered a broader range of features for free than Rocket Money. Users could access almost everything the app offered at no cost, except bill negotiation and in-depth money analysis. The higher-tier version of Mint was also less expensive overall than Rocket Money's Premium version.

Is Rocket Money a good alternative to Mint?

Rocket Money functions similarly to Mint, with a simple interface and intuitive navigation. The free version offers basic budgeting tools that may be sufficient for some users. If you want more customization, the paid version costs $4 to $12 a month.

Is Rocket Money app worth it?

Yes, Rocket Money is a legitimate budgeting app that can help you track your spending habits, identify ways to save money and get a better handle on your personal finances. It has a 4.5-star (out of 5) rating on Trustpilot and is accredited by the Better Business Bureau.

Is there a better option than Mint?

I checked out Monarch Money, NerdWallet, Rocket Money, Quicken Simplifi, and YNAB, and Monarch Money, at $99 a year, is my top pick. Pros: Easy to set up, with powerful tools for analyzing your finances and building a budget.

Is Mint going away in 2024?

Mint will go offline March 23, 2024.

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

Why is Mint 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.

What are the cons of rocket money?

What is the Rocket Money controversy?

The complaint alleges that the manipulative design of Rocket Money's interface and its misleading representations to consumers are unfair, deceptive, and abusive practices under the Dodd-Frank Act.

Is there a better app than Rocket Money?

Several alternatives to Mint and Rocket Money are available. Free options include Goodbudget, SoFi Insights, Empower, and Money Manager. Other budgeting apps like YNAB (you need a budget), Quicken Simplifi, Monarch Money, and PocketGuard have a nominal cost.

Is Rocket Money easy to cancel?

You'll see how much you'll save per year by canceling the subscription, which you can do by selecting “Cancel for me.” Enter that subscription's login information and click cancel. Rocket Money will end your subscription, even communicating by email, phone call, or snail mail on your behalf. It's that simple.

What are the downsides of using Mint?

Is Mint being discontinued?

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.

What's replacing Mint?

Does Ryan Reynolds own mint mobile?

Here's how he grew the telecom startup. Ryan Reynolds's Mint Mobile was bought by T-Mobile for $1.35 billion. Ryan Reynolds has assumed many guises since he shot to fame in the 1990s.

What will happen to Mint customers?

By Jan. 1, 2024, consumers will no longer be able to use the Mint app. Whether you choose to migrate to Credit Karma or choose a different budgeting platform altogether, the switch is going to take some getting used to.

Is Mint switching to Credit Karma?

We've been working hard to make the transition to Credit Karma as seamless as possible for you. Once you begin the process within Mint, all you have to do is login or register for Credit Karma and your move is complete. Make sure to be on the latest app version or feel free to complete the move on Mint.com.

Is Empower better than Mint?

A lot of the choice between Empower and Mint is going to come down to personal preference. The tools each provide similar offers, and it isn't clear that one is hands down better than the other. Try out each of them — download the apps and look at the tutorials.

Can I trust Mint?

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.

Why did Mint sell to T-Mobile?

Mint, which offers cheap prepaid plans, is a mobile virtual network operator (MVNO) that already offers service over T-Mobile's network. By purchasing Mint, T-Mobile may be looking to claw back the customers it lost when it sold Boost Mobile to Dish as part of its merger with Sprint.

Can I trust rocket Money?

Is Rocket Money safe? Rocket Money utilizes the same security technology as banks do including 256-bit encryption. Its partner, Plaid, is trusted by many prominent fintech companies including Venmo. In short, Rocket Money is about as safe as any online financial service can be.

How many people use rocket Money?

Rocket Money has over 3 million users that use the app to manage their finances, but what about the makers of Rocket Money themselves?

Does rocket Money affect your credit score?

If you're interested in regularly checking your credit score, the Rocket Money app lets you do so, without hurting your credit. The Rocket Money app uses credit information from Experian™ and uses the VantageScore^® model to assess your creditworthiness.

Why is Rocket Money taking my Money?

While Rocket Money is a free app, there are several optional paid services and features that could result in a charge or transfer appearing on your bank or credit card statement: Smart Savings Deposits: These are not charges, but deposits into a Smart Savings account that's tied to your Rocket Money account.

Why is Rocket Money being sued?

In June, a California resident sued Rocket, alleging that the lender made unsolicited calls and sent text messages to consumers who registered their phones on the DNC registry. Rocket, in response, also dismissed the lawsuit as baseless.

What is the old name for rocket money?

Rocket Money (formerly Truebill) is a leading personal finance app with the mission to empower people to live their best financial lives.