Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.
Simplifi by Quicken Pros and Cons
| Pros | Cons |
|
|
About Simplifi by Quicken
Simplifi by Quicken is a budgeting app by the money management software Quicken. It lets you link all your bank accounts, investment accounts, and credit cards to the app and develop a spending budget.
In August 2023, Simplifi also expanded features on its investments dashboard, including a real-time balance chart, a performance graph, cryptocurrency tracking, a news feed, and investment transaction monitoring through the app.
Simplfi is not a free app. You'll have to sign up for a subscription when you create your account. If you decide you don't want to keep using Simplifi, cancel within the first 30 days. Simplifi offers a 30-day back guarantee.
If you have questions about the app, coaches are available over the phone or through live chat from 5 a.m. to 5 p.m. PT every day.
The app has 4.1 out of 5 stars in the Apple store and 2.8 out of 5 stars in the Google Play store.
Is Simplifi by Quicken Trustworthy?
We usually include ratings from the Better Business Bureau so you can see how a business deals with customers' complaints and issues. Simplifi by Quicken hasn't been rated by the BBB yet. However, its parent company, Quicken has received an F rating from the BBB because it has received 65 customer complaints and hasn't responded to 15 complaints.
A good BBB rating isn't necessarily the be-all and end-all. You can also speak to other people who use the app or read customer reviews.
Quicken hasn't been involved in any recent public controversies.
Simplifi by Quicken FAQs
How is Simplifi by Quicken different from Quicken?
Simplifi and Quicken software are available through different types of platforms. Simplifi can be used through a mobile app or online. Quicken is a desktop software program.
What does Simplifi by Quicken do?
Simplifi by Quicken is a budgeting app. You can track bank accounts, investment accounts, and credit cards. The app allows you to monitor savings goals, help limit spending, and create a budget.
Does Simplifi by Quicken connect to your bank account?
Yes, Simplifi can connect to 14,000 financial institutions. If your financial institution isn't available, you can also request that Simplifi add your financial institution through the Community section of the Simplifi website.
Simplifi by Quicken Review
Simplifi by Quicken is a solid option for someone who wants to maintain an organized budget. The budgeting app is incredibly detailed and breaks down your saving and spending beyond what a standard budgeting app does.
Simplifi works best if you start by connecting all your bank accounts, investment accounts, and credit cards. This way, you'll be able to create a dashboard that provides an overview of your finances. It also analyzes your spending and savings through charts and data.
You can create a monthly spending plan with different categories or develop individual savings goals. If you want to get more detailed information, the app has a watchlist that tracks areas in your spending, and it can monitor bills to make sure you pay them on time.
The app also provides monthly reports for spending, gross income, net income, savings, and shopping refunds.
Since the Mint app is shutting down, Simplifi by Quicken is also offering a limited-time promotion to Mint users. You can get three months free through the promotional page. The subscription is billed annually and regularly costs around $3.99 per month.
How Simplifi by Quicken Compares
Simplifi by Quicken vs. Honeydue
Honeydue is a financial app for couples. You may prefer
If you're for a more detailed budgeting app that can provide a big-picture overview of your finances, you might lean more toward Simplifi. However, keep in mind that Simplifi has a subscription fee.
Simplifi by Quicken vs. Rocket Money
The Rocket Money app will likely be a more appealing option if you want to avoid paying any fees on a budgeting app. Rocket Money has a free plan that lets you track spending and create a budget. With Simplifi, there isn't a free plan.
Your decision may also come down to which features you prioritize most in a budgeting app.
Simplifi provides a more comprehensive overview of your finances through charts and data. You'll get monthly reports that examine your spending, income, net income, savings, and shopping refunds.
However, you may prefer
Why You Should Trust Us: How We Reviewed Simplifi by Quicken
For the Simplifi by Quicken review, we used a scale from 0 to 5 stars. We looked at the app's pricing, availability, customer reviews, usability, customer support, and trustworthiness.