When comparing BillGuard vs Mint, the Slant community recommends Mint for most people. In the question“What are the best personal finance tracker apps for Android? ” Mint is ranked 2nd while BillGuard is ranked 15th. The most important reason people chose Mint is:
Mint can handle banking accounts, saving accounts, credit cards, etc. It consolidates all your accounts together so you do not need to put work into following multiple accounts.
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Pros
Pro Nice User Interface
While it may not use the lollipop design guidelines, it still has a clean, simple, elegant interface.
Pro Strong protection against fraudulent activity
Many finance applications have this feature but BillGuard was designed to be first an applications that protects you against fraud and second finance tracker. BillGuard's data breach alert will send an alert if the application believes that a card's information has been hacked. Users can also help to report fraudulent charges to improve the service. If a gray charge is encountered, BillGuard will contact the merchant directly.
Pro Read-only access
BillGuard has a focus on privacy and security. All access to bank accounts is read only, so money can't be moved from within the application.
Pro Free and no advertisements
BillGuard is free with no advertisements. It is unclear how BillGuard makes money.
Pro All bank accounts and investments can be viewed in one place
Like a few other finance tracking applications out there BillGuard makes it convenient to make a budget and track spending by pulling in all bank accounts and investments into one convenient application.
Pro Flag or Approve all transactions
With a simple right swipe to approve or a left swipe to flag a transaction for review (a la Mailbox).
Pro Web applications
If you need to plan your budget or check on a fraudulent transaction BillGuard has you covered with a web application.
Pro All accounts in one place
Mint can handle banking accounts, saving accounts, credit cards, etc. It consolidates all your accounts together so you do not need to put work into following multiple accounts.
Pro Organizes budget into categories
Mint splits your spending into different categories, such as gas or fast food, so you can see where you're spending too much money or how much you need to budget for.
Pro Alerts
Mint can be set to alert you to various events such as upcoming bills, or low balances on any accounts. It can be set to alert you from the app, through email or by text message. In addition you can sign up to recieve monthly emails about your money and ways to improve your budget.
Cons
Con US support only
BillGuard is "currently limited to US credit cards and debit cards only, but our goal is to protect everyone and every bill around the globe." But if you are really interested in using BillGuard in another country then you can request that the BillGuard developers prioritize your country here.
Con Somewhat basic visuals and analytics
While other applications provide especially useful charts and graphs of income and spending, BillGuard's are somewhat basic and uninformative. The visuals consist of a simple pie chart of your spending for each month or each account and a line graph that shows the current month's transactions.
Con Not international
Only works for US & Canada banks, and even then there are banks (like EQ Bank) that have actively blocked access to Mint.
Con Online only
It does not work offline.
Con Unsafe
With very few exceptions, Mint isn't just syncing your data over, but is using your username and password to log directly into the bank website. Banks will not reimburse for any fraud or stolen funds that may result from this, or may use Mint as an excuse to not reimburse for charges or stolen funds that occur from other causes.
Con Categories organization not flexible
Con The budgeting part has too many bugs
Con Very complicated tool
Of course, it's powerful but also very complicated. Some would prefer tools which are less robust, has less features but are a lot easier.