When comparing Mint vs MoneyWiz, the Slant community recommends Mint for most people. In the question“What are the best cross-platform budgeting apps?” Mint is ranked 3rd while MoneyWiz is ranked 16th. 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 Budgets
Set up budgets and MoneyWiz will automatically monitor transactions and assign them to the proper budgets. Envelope budgeting is also available.
Pro Usage reports
Tons of reports will give you a perspective on your spendings and earnings, that you never had before! MoneyWiz also allows you to build custom reports based on what you want to know about your money.
Pro Apple Watch support
The iOS version of MoneyWiz supports the Apple Watch, for a quick and easy glance at your finances.
Pro Apple Watch support
The iOS version of MoneyWiz supports the Apple Watch, for a quick and easy glance at your finances.
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.
Con Limited free version
The free version doesn't include all of the features which are included in the subscription.