I have read the reviews on the app store they are amazing. I am wondering if anyone has actually used it here?

Sorry just won't allow some third party to connect to my bank and download information from it. Just won't happen. IMHO. And if you don't have internet connection you are SOL.

Just ask yourself how is it provided for free? Nobody works for free, there is something you are providing them they can sell and use, no matter what they say.

Check with your bank before using them. Some banks will cancel your coverage against fraud if you provide 3rd party access to your account.

I use it and have no qualms about security, it's own by intuit... Same guys that do quicken/turbotax so it's a reputable company... Not to say they can't be hacked(anyone can) but at the end of the day I'm not worried about it. And yes they most certainly do try to sell you stuff, mostly for me it's suggesting I switch to the sponsors low interest credit card... It's poorly targeted in my case as I don't carry balances... If they were on the ball in terms of targeting the promos they would push reward cards on me after seeing all of my cards are of this type...

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Sorry just won't allow some third party to connect to my bank and download information from it. Just won't happen. IMHO. And if you don't have internet connection you are SOL.

Just ask yourself how is it provided for free? Nobody works for free, there is something you are providing them they can sell and use, no matter what they say.

+ 1 or more, it is a NO NO from a security aspect to let anyone into your bank account. Mint asks for you to hand them your bank password.

Use iBank instead, it works great.

sudo rm -rf /

Main Page - Linux Mint (http://www.linuxmint.com/) is fantastic

:confused: I think the OP is asking about Mint the financial software.

I don't even list my banks talk to one another through my interface with them! I could have my BMO accounts reflected in my RBC statement page, but choose not.

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I started using it early last year and then moved away from it after reading a couple of financial advice columns regarding how Canadian banks didn't approve of it or support it and could therefore disclaim all liability for fraud on the basis that you violated your banking agreement by giving out your password to a third party.

However, if you read the fine print on most of your banking agreements, writing down your password{/i] -- and therefore by extension storing it in an app like 1Password -- is also [i]technically a violation of your agreement. Basically, if your online banking password or PIN is anywhere other than in your head, the banks will happily wash their hands of any responsibility to you -- they're basically looking for excuses to do so, really :)

An acquaintance of mine had his debit card compromised and lost around $1,000 via three bank machine withdrawals. During the discussion when reporting it to the bank he was foolish enough to admit to that he kept his online banking password stored in a password-safe application on his PC (they didn't actually ask the question -- the guy merely talks too much :) ). The app in question stored the password fully encrypted, and he also had his entire hard drive encrypted with PGP Whole Disk Encryption. The bank basically told him flat out that he violated the online access agreement and was SOL. When he asked how his online banking password had anything to do with his debit card being used to withdraw money from a bank machine, the bank responded that it didn't matter -- he had violated his terms of the agreement and the bank no longer had any obligation to hold up to theirs.

On the other hand, it's now also worth noting that some banks do approve of aggregation sites if and only if they provide read-only access to data (which Mint.com does). I think RBC is in this category; I'm not sure about others.

So considering that, combined with the convenience of having Mint.com automatically handle everything as opposed to keeping iBank up to date manually, I decided to switch back to Mint a couple of months ago.

To be fair, I'm still not thrilled with the experience -- Mint tries to be too clever for it's own good when it comes to renaming and categorizing transactions automatically, so you'll still find yourself having to go through and check things occasionally to make sure they were correctly named and categorized. Further, any rules you configure on Mint.com are based on Mint's renamed version of a transaction, as opposed to what your bank statement actually says, and auto-categorizations are keyword-based. For example, Mint tends to categorize purchases at Grand & Toy as "Toys" rather than "Business Supplies." Some of these can be overridden with your own rules for places you normally shop at, but you'll run into edge cases all the time. The more serious issue is when Mint decides to categorize multiple source transactions with its own single name. iTunes purchases are particularly egregious for this: Both "App Store" and "iTunes" purchases get categorized as "iTunes" even though the names on the statement are different, and there's no way to create a rule to separate these as rules are based on Mint's name, and not on the original name on the statement.

If you go to Mint's support site, you'll see numerous reports of the problem over the past couple of years with no indication that Mint is going to be fixing it any time soon. It doesn't have a huge impact on me as my transactions are dissimilar enough, but you'll see reports in the Mint support site from users who have much more serious problems with this due to things like working at a grocery store or gas station (all of their paycheques get assigned to"Groceries" or "Gas").

Used it for a while, was really impressed by the ability to automatically update my spending, and monitor my limits.. However, it kept mis-categorizing various payments and I kept getting emails about excessive spending here and excessive spending there when in fact it was the same amount coming out automatically every month!( although I do agree I excessively overpay on car insurance hehe) so actually, your post reminded me to delete my account which I just did :D

As for it being free.. I do agree that when it's free.. you are the product. they get your information, they provide marketing services on additional cards or insurance you want to buy, and they get paid for it.
I believe everybody does that these days, just ask google ;)

Mint sounds no worse than my financial advisor.

Mint sounds no worse than my financial advisor.

as a financial advisor, I take offence to this remark :ptptptptp

Lol. I'm just saying you're giving both full access to your financial information and both try to sell you new investments, loans, etc.

hehe.. I hear ya, my industry doesn't exactly have the best reputation :P
speaking of which.. how about a free portfolio review where I convince you that everything your advisor was doing is wrong and I'm the only one who can save you in 30 mins? it's complimentary :P

Used it before, but because of the security concern, has to give it up.
Honestly, mint is much easier to use than quicken. And I don't have any concern about security from Intuite's side, however, obviously, my bank is going to give me problems if fraud activity actually happened.