All New Mint iOS App Launched to Empower Financial Freedom

Rhea-AI Summary

Intuit (Nasdaq: INTU) has launched an updated Mint app to improve financial management for users. Key features include subscription monitoring, enhanced visualization of net worth, and personalized Mintsights for tailored financial advice. The redesign focuses on usability, allowing for bulk editing of transactions, income tracking, and easier access to important financial information. The app aims to empower users to manage their finances effectively, making it available to millions through the iOS platform.

Positive

• Launch of updated Mint app can attract new users.
• New features such as subscription monitoring and personalized financial insights enhance user engagement.
• Improved usability features aimed at enhancing user experience.

Negative

• None.

Today, Intuit Inc. (Nasdaq: INTU), launched a significantly updated Mint experience to help people effortlessly manage their finances. The new Mint app provides a major design refresh, new features such as subscription monitoring, an advanced month-over-month view of net worth and spending, and personalized Mintsights™ in a powerful and free all-in-one app.

“We are enhancing the Mint experience based on feedback we’ve heard from our loyal user base,” said Varun Krishna, Senior Vice President and Head of Consumer Finance with Intuit Consumer Group. “Millions of people use Mint for many purposes and success is different for everyone. With all that happened this past year, it’s never been more important to stay on top of your money. Our goal is to empower existing and new Mint users with a free app that is more usable and useful. The new app helps users feel peace of mind around exactly where they stand with their finances, and a sense of progress toward achieving their desired money outcomes.”

The refreshed Mint app includes:

• Trend Visualizations: Users will now have immediate access to key trends right from the overview. They will see how their net worth changes over time and easily track month-over-month spending so they can assess and adjust against their goals.
• In-Product Mintsights: Personalized insights, newly available in-app, will now offer more relevant guidance based on an individual’s unique financial situation and goals, such as alerting you when your bills increase or opportunities to adjust your budgets to save more based on your historical and current spending. Mintsights are personalized for each user and provide suggestions based on prior activities to help people save money and pay down debt faster.
• Automatic Subscription Tracking: Users can seamlessly see subscriptions they’ve purchased by connecting any bank or credit card used to pay for subscriptions. Mint will now allow customers to set up an automatic notification if any of those subscriptions increase or decrease in price.
• Bulk Edit and Improved Categorization: Categorizing transactions is even easier in the Mint app, with the option to bulk edit multiple transactions at once, and customize your categories.
• New This Month tab: Immediate access to all your spending, trends, and budgets with a single tap to quickly and easily monitor your spending behaviors.
• Income Tracking: In addition to tracking your monthly expenses against your budget, users can also now track your paychecks, interest income, rental income, and reimbursements.
• Improved Usability: Users will no longer have to scroll to access critical financial information such as: notifications, credit score, and accounts.

Mint has empowered millions of people to take control of their money and improve their financial outcomes regardless of their situation. In addition to today’s significant product upgrade, Mint has also made continuous improvements over the last year to features our customers care about most: categorization accuracy, account connectivity, and better recommendations and insights based on machine learning technology and behaviors over time.

These new features are available in the Mint iOS iPhone app today. To learn more or get started with Mint, please visit www.Mint.com.

About Intuit:

Intuit’s mission is to power prosperity around the world. We are a mission-driven, global financial platform company with products including TurboTax, QuickBooks and Mint, designed to empower consumers, self-employed and small businesses to improve their financial lives. Our platform and products help customers get more money with the least amount of work, while giving them complete confidence in their actions and decisions. Our innovative ecosystem of financial management solutions serves more than 50 million customers worldwide. Please visit us for the latest news and in-depth information about Intuit and its brands and find us on social.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005476/en/

FAQ

What are the new features in the updated Mint app by Intuit?

The updated Mint app includes subscription monitoring, advanced month-over-month net worth tracking, personalized Mintsights, bulk edit capabilities for transactions, and improved usability.

When was the new Mint app launched by Intuit?

Intuit launched the updated Mint app today.

How does the new Mint app improve financial management for users?

The new Mint app helps users manage finances with enhanced visualizations, personalized insights, and automatic subscription tracking, making it easier to monitor spending behaviors.

Is the updated Mint app available for free?

Yes, the updated Mint app is available for free on the iOS platform.

What company owns the Mint app?

The Mint app is owned by Intuit, which also offers TurboTax and QuickBooks.