When comparing Mint vs Veryfi, 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 Veryfi is ranked 17th. 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 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.
Pro OCR machine only
Pro Personal email for collection
Pro Expense and mileage trackers built-in
Pro World currency & conversion
Pro Supports several expense report types
PDF, Excel, CSV with Grouping & Filtering.
Pro Can be connected to third-party apps
Pro Various collection methods
Photo capture, email forward, reverse cloud sync (RCS), voice, gallery upload & watch dictation.
Pro Super fast scanning and processing
Receipts are transcribed in under 3 seconds by machines.
Pro Free for accountants
Pro No limitations on free plan
Pro HIPAA compliant
Cons
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.