Mint vs. Yodlee vs. Wesabe vs. Quicken Online

I’ve been searching for an online money management solution for about 2 months now. I started with Mint and have since tried each of the other main competitors: Yodlee Money Center, Wesabe, and Quicken Online. All of these services are free, but I thought I’d outline some of the pros and cons of each as it relates to my own experience. Feel free to chime in with your own experiences. I encourage everyone to try one of these and see which works best for you…it really puts your finances in perspective.

Shortened bullet-list at the end of the article for those that don’t want to read all the way through
At first glance, Mint is probably the prettiest of the four. It has a very clean and easy to use interface and really helps the beginning user with getting everything setup. I found Mint and Quicken to be the easiest to get started with right out of the box. However, I stopped using Mint immediately because, although it listed my financial institution, it could not connect to my bank account because my login credentials were incorrect (which they were not). I sent in a support request and received prompt responses that their engineering team was aware of the problem and I would receive correspondence when they got it working. On the plus side, however, I was able to add my student loans to Mint, which was great.
Needless to say I haven’t been able to use the other features, but they look great and I’ve heard good things about them. Mint will categorize your spending and help you see where your money is going. They make money by suggesting ways you can “save” which are actually special offers from affiliates.

Yodlee Money Center
Yodlee is similar to Mint in which financial institutions are supported. I had the exact same problem with Yodlee that I did with Mint – my bank was listed, but Yodlee wasn’t connecting right. However, Yodlee adds one small feature that showed hope: the ability to add a custom account which I can update myself to show my bank balances. So technically, I could get everything on Yodlee if I wanted to manually update my bank information (which I don’t) because I was able to add my student loans as well (just like Mint).
In general, I found Yodlee’s user interface to be the most confusing of the four. Its not really bad, but the others are all so good that it LOOKS bad in comparison. I’ve heard other opinions about this so I’ll just let you try it for yourself and see what you think.
Wesabe seemed like it was going to work for me. They offer this incredible addon for Firefox that essentially allows you to upload any bank’s information that has exportable data (most do). So I got that working with my bank accounts and was ready to go! But wait….they don’t support loan accounts so I couldn’t add my student loans like I could with Mint and Yodlee. There are several requests for this on their site and I’ve seen the CEO mention that they will be adding this in the future, but for now Wesabe simply isn’t as valuable to me because I can’t see all my finances.
The interface is well done and easy to use. The Firefox addon is also easy to use. One of the main draws to Wesabe, however, is the fact that it has a community of people that are actively talking about finances. It seems to strive very hard to create and bolster this community by allowing you to take part in discussions very easily.

Quicken Online
I must admit I was skeptical going into Quicken software. I tend to hate enterprise-y software and I’ve heard the horror stories about Quicken in the past. But with no luck in the other 3 areas, I decided to give it a try. To my utter amazement Quicken Online was the ONLY software out of the four that actually supported my bank and got all my account info. I couldn’t believe it. Unfortunately, I couldn’t add my student loans, so I was in the same boat as I was with Wesabe.
Quicken was easy to set up and has a nice, clean interface with simply design. They offer budgeting tools and categorization as well. From what I’ve heard, they aren’t as good as Mint in automatically categorizing your transactions, but that might not be the case for everyone.


  • The best interface
  • Good categorization of transactions
  • Supports FSA Direct loans
  • Beginner friendly


  • Doesn’t support some banks correctly
  • No method to add accounts manually if they don’t support it


  • Supports manual account creation if they don’t support your bank
  • Supports FSA Direct loans


  • Interface not as pleasing and clean as the others
  • Has same bank support issues as Mint (unless you want to manually update your balances)


  • Firefox addon imports from almost any bank account
  • Great interface
  • Great community


  • Does not support loans
  • Not as much focus on budgeting

Quicken Online

  • In my experience, the only one that supported my bank without extra work
  • Good interface
  • Good budgeting tools


  • Doesn’t give an option to add accounts that they don’t support
  • Doesn’t support FSA Direct loans

So basically, if Mint started supporting my bank, I’d use it immediately.  If Wesabe or Quicken started supporting my student loans, I’d use them immediately.  We’ll see which happens first.

15 thoughts on “Mint vs. Yodlee vs. Wesabe vs. Quicken Online

  1. Hey, thanks for giving Wesabe a try and writing up your experiences. (I’m the CEO.) We are definitely planning on supporting student loans. If you’d like to help us get set up with this, drop me a line at and we’ll see what we can do.

    Thanks again.

  2. Hi there Alex,

    Thanks for taking Quicken Online for a spin. If you haven’t already, suggest we add the financial institution where your student loan lives here:

    Also, we set up Quicken Inner Circle this spring to gather customer feedback to improve our products. I hope you’ll join to participate in surveys, beta test features and new products, etc.

    - Chelsea, Quicken

  3. Alex – Great overview.

    One key thing you didn’t mention in the review though i think should be noted – the only two of these four sites that even WORK outside the USA are Wesabe and Quicken Online (though you need to hit a dummy zip to sign up with them)

    As a Canadian,i have been back and forth between them and like the Automated import from quicken, but they don’t support my primary credit card company (or my secondary one, though they support the bank that issued it… go figure). according to the forums people have been asking for support for MBNA canada (my main CC) since November with no luck.

    If quicken could support that site i would switch 100%, but for now wesabe seems to be my main choice – the FF uploader rocks, and it pretty much automated.

    If anyone wants more info they can contact me :P graham (dot) rose -at- gmail(dot)com

  4. I just want to say that I’ve been using Mint for a long time and it is great. There is a feature where you can request they add your bank if it isn’t currently supported. One other thing about Mint that makes it even better is that it is free to use. They produce their revenue when you sign up for different credit cards or checking/savings accounts that they offer. I love Mint. I have my student loans pulled up there as well as all my other accounts. When you compare the price of some of the others with the free service of Mint, it is very hard to make a case for one that you pay for.

  5. One other thing to note is that Mint has a nice iPhone app to view your account with on your iPhone or iTouch. A very nice add. From what I can see with Yodlee, it’s a web interface optimized for mobile devices. Not as nice as the native iPhone app.

  6. I used and the iPhone app happily for a full year. My bank changed its internet provider last week, and it is now incompatible with :-(( I guess I’ll try Wesabe.

  7. @pfstock I wrote another blog post later on describing how I use Mint now because they supported my bank. Although I still have some trouble with the way my bank records debit transactions, it has been great so far!

  8. Two questions:
    1) If Mint is powered by Yodlee, and Intuit now owns Mint … is there any real difference anymore?
    2) How do these online tools compare with the desktop versions of Quicken, especially the most expensive versions? Am I wasting money buying Quicken Premier (I only update it every 3-4 years, and usually get a 50% off deal)?

    I have to say, Quicken Premier leaves a bit to be desired. Loans are not as easy as they should be to set up, they usually don’t track well over time even though you give it the interest rate and the exact date of payment. And categorizing expenses SOUNDS great, but since it doesn’t know WHAT you bought at store X it can’t place it (did I buy groceries, hardware, household, or a mixture at the super-mega-mart?). It also gets confused by stock splits, etc, and now I have dozens of “placeholder” transactions that make Quicken unable to know how much any investment has earned. I find it isn’t very good for anything more than tracking current balances and predicting future balances.

  9. @Guy (and @Fred), I read something today that indicated that in the wake of the Intuit deal, will be ceasing their use of’s back-end technologies, since Intuit already has an alternate technology available in Quicken. The same posting also said that by the end of summer 2010, Quicken Online users would all be transferred over to using Sadly, I can’t seem to find the posting at the moment to back up either claim, but if it’s correct, then the difference between Yodlee and Mint might actually be larger than it’s been previously.

    • Tim: Now i get it, and after answering Quicken’s survey today, I no longer intend to use Quicken/Mint/Premier, and will stick with Yodlee. Yodlee is the only one of four, Quicken/Mint/Wesabe/Pageonce, I’ve had that accesses ALL of my online accounts. Intuit’s technology is not as powerful as Yodlee, from my experience, so I have no need to purchase a Quicken software download until they do at least a little better than Yodlee.

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