Quicken Online is finally free
Intuit has finally dropped the subscription fee on Quicken Online, its Web-based financial software that competes with Mint, Geezeo, Buxfer, and Wesabe. The company is still selling, as completely separate products, software versions of Quicken.
When I last covered Quicken Online in December 2007, my biggest complaint was its price. In a market with free (and very good) competitors, there was just no reason to pay for Quicken Online. This is a smart move on Intuit's part. But while Intuit Online is a solid service, the online competitors keep getting better, too. It's unclear to me that Intuit's history will translate into market share in this competitive market.
Intuit is also still preparing to release its iPhone app that accesses Quicken Online data, as I wrote in December. No word on when that ships.
High customer support costs and an angry customer base (check out the user review scores for Quicken and Money) make standalone financial apps like Quicken and Microsoft Money questionable product lines for their makers, and when the online services take hold I will expect their demise. Devoted Quicken users like me, though, will need more capabilities (like bill paying and support for complex investment transactions) before we can make the transition, and the public at large has yet to be convinced that these online financial data storehouses can be trusted.
A quick snapshot of your cashflow (2007 version of Quicken Online)
(Credit: Intuit)See also: Quicken Beam: Your finances made cute.
There's more online financial news coming tomorrow morning from the Finovate conference. Check back here.
Rafe Needleman writes about start-ups, new technologies, and Web 2.0 products, as editor of CNET's Webware. E-mail Rafe.
I am utterly disappointed when tried to use Quicken online. Can't even get past first page. The popular /all financial accounts information never shows up. The page just keeps loading continuously.
Quicken started too late in race behind Mint, Wesabe, Yodlee and came up with a limping product that frustrates users.
How about more features at a reasonable price?
http://movingtoanapartment.com/money-and-finances/37-tools-you-need-to-successfully-manage-young-money.htm
...trying to figure out which ones to use. Definitely worth a try now that it's free!
Thank You
Makwa.
RParks1031
I stuck w/ Quicken Online for a few months, hoping they would improve and add useful features (such as budgeting or splitting transactions), but the last straw was when they kept merging my account records. Duplicate checking entries would end up in my savings account. Credit card charges would appear in my money market account.
When I submitted an incident report, I was told it was my banks fault and that's the way they received the data. Sorry, I don't buy that as when I viewed my accounts on my bank's website, they were correct.
You get what you pay for, but unlike other websites (cough mint.com cough), Quicken Online (even though it's free) costs too much.
It's NOT free.
I never even waste time on trialware.... in that context.
Never signup for 30days freee because I might forget to cancel it in 30 days.
If the trialware or other has a default of 'you are now paying when trial is over' then I wont even start with it.
The only trialware I might use is those where the functionality is limited when you decide not to pay.
That way its my choice as to whether I want it..not theres.
bESIDES the online (free or otherwise) is worthless....it was better in the past than it is now.
I reverted back to a spreadsheet way of doing my portfolio that I stopped using 10 years ago because quicken was that good... foruntatley Ive learned a lot on spreadsheets since then.
Their stuff has actually de-evolved in my view..I even tried MSMOney but its still substandard for me.
I now litterally use on the chk register & online payment part of quicken and non longer use quicken in anyform for investing information other than transaction recording (register).
Its a shame.. as a devloper I am working on now a someday possible quicken replacement.
What I hope to do is the portfolio part and some sort of addin replcement,..i doubt I will succeed at it, but ya never know.