Today, we will run a comparison of Rocket Money vs Mint. Rocket Money and Mint are apps that help you with money. They can do different things for you. Mint is free and shows you all your money in one place. You can see your loans, investments, credit cards, and bank accounts. 

Rocket Money is like a helper that does things for you. It can check your subscriptions and spending, get better deals for your bills, make a budget, and watch your credit score.

What’s to come:

• At A Glance Mint Vs Rocket Money
• Comparison Of Rocket Money App Vs Mint
• Which Budgeting App Should You Choose?
• FAQs

At A Glance Mint Vs Rocket Money

Before we dive into details, let’s take a quick look at how Intuit Mint vs Rocket money stacks up against each other. Here’s a summary table.

As we can see, both app has quite similar features. They both offer a high level of security. However, there are some key differences that would make you choose one over the other. 

For example, Rocket Money has a premium plan that gives you access to more features and benefits, such as phone support, custom reports, unlimited envelopes, and more. 

On the other hand, Mint is completely free to use and has more bank connections than Rocket Money. It also has some unique features that Rocket Money lacks, such as bill reminders, credit score monitoring, and investment tracking.

So which app is better? Well, it depends on what you are looking for in a budgeting app. If you want a simple and easy-to-use app that can help you create and stick to a budget without paying anything, Mint might be your best option. 

Rocket Money might be the better choice if you want a more advanced and comprehensive app that can help you manage your money in different ways and offer more support and customization options.

There is more to these apps that you might be considering. In the next section, we will go deeper into their features and compare the rocket money app vs Mint in more detail.

Comparison Of Rocket Money App Vs Mint

First, let’s look at what Rocket Money and Mint have in common. Both apps allow you to:

• Sync your bank accounts, credit cards, loans, and investments
• See your income, expenses, net worth, and cash flow
• Set up budgets and savings goals
• Monitor your credit score and get tips to improve it
• Secure your data with encryption and authentication

Let’s discuss the features that differ in mint vs. rocket money. We will explain how each feature works, discuss the advantages and disadvantages of each app, and decide which app wins in each category.

Budgeting

It is the main feature of any budgeting app. It allows you to create a plan for your income and expenses and track your progress toward your goals. Both Rocket Money and Mint offer budgeting tools that can help you do that, but they have different approaches and methods.

Rocket Money focuses more on helping you reduce your expenses by finding cheaper alternatives for the services you use. It has a concierge system that lets you switch to lower-cost providers based on your current bills. 

Mint, on the other hand, focuses more on helping you increase your savings by showing you detailed data on your accounts. It allows you to analyze your spending patterns and make informed decisions based on your financial goals.

In this category, it’s a tie. If you want an app that helps you lower your bills and expenses, Rocket Money might be a better option for you. If you want an app that helps you analyze your spending patterns and increase your savings, Mint might be a better option for you.

User Interface

Rocket Money has a simple desktop interface that only shows the essential information, such as your monthly summary, subscriptions, and bills. However, if you want to access more advanced features, such as budgets, bank accounts, credit cards, and savings goals, you need to use the mobile app. 

Mint, on the other hand, has a consistent user experience across both desktop and mobile platforms, so you can enjoy the same functionality regardless of the device you use.

So, in terms of smooth experience across different devices, Mint remains consistent.
Price

Mint and Rocket Money are both free apps that help you manage your budget, but they have different features and costs. 

Mint lets you use most of its features for free, but you have to see ads and offers. You can also pay for a service that negotiates some of your bills for a fee.

Rocket Money charges you for some of its features, such as concierge services, unlimited budgets, credit reports, and more. You can choose how much you want to pay for the premium features, from $3 to $12 per month.

Mint may be more suitable if you want to save money and get more features. So Mint is the winner in this segment.

Credit Score

A free credit score is one of Mint’s main attractions. Users can access their full credit report anytime they want with the app. TransUnion VantageScore® provides credit score support in Mint.

Rocket Money also provides credit information, but it requires a paid upgrade for more details. Rocket Money’s credit score is calculated by Experian VantageScore® 3.0.

Mint has an edge over Rocket Money in terms of value and insight.

Now We’ll summarize the unique features of intuit mint vs rocket money.

Rocket Money Vs Mint: The Winner

In terms of value for money, Mint is a winner. Mint offers more features in the free version with a smooth experience across devices.

Which Budgeting App Should You Choose?

However, Both apps have unique features that might be the sole deciding point for each user. If you want to negotiate your bills with your service providers, Rocket Money is the best choice for you. It will help you lower your monthly bills and any unused subscriptions to be canceled.

If you are looking for a free credit score check, Mint is more suitable for you. If your only goal is to track your spending and create saving goals, Mint should be your choice.

FAQs

Can Rocket Money Actually Help Me Save My Bills?

Depending on your circumstances, Rocket Money may be able to assist you in lowering your bills. Rocket Money provides a variety of services to assist you in lowering your bills, including professional negotiating services and locating refunds on service outages and fees for existing bills. 

You pay 30%-60% of the amount saved by Rocket Money on these bills, or nothing at all if Rocket Money does not save you anything.

How Does The Mint App Earn Money?

Mint generates revenue by recommending financial institutions, products, or credit cards. Mint’s “Ways to Save” service offers financial alternatives to potential customers. When a customer follows Mint’s advice, the recommended business compensates Mint for the referral.

Is Rocket Money Truebill?

Yes, Rocket acquired Truebill in late 2021 and renamed the service Rocket Money in the summer of 2022. Truebill customers were automatically transferred to the new platform.

Can I Use Both Mint And Rocket Money Together?

Yes, you can use both Mint and Rocket Money at the same time. Some users have switched from Mint to Rocket Money because it names and categorizes transactions more accurately than Mint. 

Mint allows you to create rules, but they only apply to previous transactions, and you must repeat the process to rename new transactions. Rocket Money keeps track of your rules and applies them to new transactions3. I hope this was helpful!

What Is Rocket Money Vs Mint Reddit Users’ Opinion?

According to a user, Mint is a free and accurate budgeting app that tracks transactions and alerts users when they are near or over their spending limits. It helps users manage their finances and save money. 

However, it lacks some features, such as the ability to batch-categorize transactions. Mint does not have any social aspects, such as sharing or comparing budgets with others.

Are Budgeting Apps Like Mint And Rocket Money Honestly Safe To Use?

Yes, they are. You do not have to connect to your bank or credit card if you feel unsafe. But to get the full potential of those apps, you should connect the apps to your bank account.

If you need a budgeting app, you might want to check out Rocket Money or Mint. They are both awesome tools for managing your money and reaching your financial goals. With the help of this article, You can compare their features and reviews to see which one fits you better. 

Visit their websites to learn more and customize your app experience. Both apps are helpful, but I like Mint more because it has a lot of free options. Rocket Money is also great, but Mint is easier to use if you are new to budgeting apps.