Mint App’s Departure Surprises Loyal Users
In a surprising turn of events, Mint, the popular budgeting app, announced last week that it will be discontinued in 2024, leaving loyal users like Raj Giri in shock. Giri, who uses the app every day to keep track of his finances, expressed his disappointment and frustration at the news.
Other dedicated Mint users on Reddit share the sentiment, expressing their dissatisfaction with the lack of a consensus on alternative free apps that offer the same budgeting features as Mint. Jeremy Gaines, a long-time user, expressed his initial disappointment, citing the minimal software updates in recent years.
The app’s owner, Intuit, is reimagining Mint as part of Intuit Credit Karma, known for its credit monitoring services. Users are encouraged to migrate to Credit Karma, as the Mint app will shut down on January 1, 2024. While the migration offers some similar features, it does not currently provide the same budgeting features as Mint.
Mint users will be notified about the migration process through the app or email, with a phased rollout planned. Users who agree to transfer their linked financial accounts to Credit Karma will be able to bring the majority of their Mint financial account balances, historical net worth, and three years of transactions over to Credit Karma. Those who don’t join Credit Karma will have the option to request a copy of their data or have their data deleted by Intuit.
As users prepare for the changes, Mint’s departure raises concerns and leaves a void for many who have relied on the app for their financial management.
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