Mint is excellent for creating and tracking your budget, goals, and credit score. The alerts sent via email are a useful and welcomed feature. Unfortunately, Mint’s investing area is very weak for all but the basic investors. In fact, the investing area is so weak that they don’t list it on their website as one of the primary reasons to use Mint.com.
Mint, unfortunately, does not have investment and asset allocation tools like Personal Capital . If you have over $100,000 in investments, Personal Capital is a much better fit.
Besides, Personal Capital doesn’t have the same synchronization issues as Mint.com. When Intuit acquired Mint.com, it replaced Yodlee (which does the financial synchronization) with its internal system.
Many users of Mint.com stated synchronization issues started happening only after this switchover occurred. Personal Capital uses Yodlee to link up accounts (which is what Mint used before the Intuit buyout). My experience with Personal Capital’s synchronization has been more reliable.
Until May 2018, Mint offered a Bill Pay feature that was very handy. However, the company decided to nix this service, for reasons not entirely clear to us. This puts a strike against Mint if you’re looking to manage your finances from one account completely.
We recommend using Mint for its basic budgeting, goal, and credit score features. Since Mint.com does not cost anything to use, you might as well sign up and give it a spin. For better investment tools and more reliable synchronization, I recommend using Personal Capital instead.