Looking for a Mint alternative?
Intuit shut Mint down in March 2024 and moved its US users to Credit Karma. If you miss seeing your spending and net worth in one place, Loam does that, without a bank login, and without your data leaving your phone.
Loam vs Mint, feature by feature
Mint as it was when it closed, next to Loam today.
| Loam | Mint (until 2024) | |
|---|---|---|
| Price | ||
| Price | $30 a year or $3 a month | Free with ads and offers; Premium $4.99 a month until 2023 |
| Free trial | 30 days, no payment details needed | Not needed |
| Free plan | No, the trial is the free part | Yes |
| Ads | None | Yes, ads and product offers |
| Privacy and your data | ||
| Account required | None, not even an email | Yes, an Intuit account |
| Bank login | Never | Yes, the core of the app |
| Where your data lives | On your phone, plus your own iCloud or Google device backup | Intuit’s servers |
| AI and your finances | Never sees your finances. Only a bank text format Loam has never seen goes out, until Loam learns its pattern | — |
| Analytics and tracking | None | — |
| App lock | Face ID, Touch ID or fingerprint | Passcode and Touch ID |
| Export | CSV or JSON | CSV of transactions, on the web |
| Getting transactions in | ||
| Bank sync | No, by design | Yes |
| Bank text messages | Yes, read on the phone. Automatic on Android; a Shortcut on iPhone | No |
| Manual entry | Yes | Cash transactions |
| Voice entry | Siri, without opening the app | — |
| Receipt scanning | No | — |
| Categorising | Merchant rules you set, suggested once you file a shop by hand twice | Automatic, plus your own rules |
| What it tracks | ||
| Credit cards | Yes, with statements and installment plans | Balances and due dates |
| Deposits and CDs | Yes: interest payouts, floating rates and maturity | — |
| Stocks and ETFs | Yes, with average cost and gain | Through linked investment accounts |
| Crypto | Yes, priced for you | Through linked exchanges such as Coinbase |
| Gold and silver | Gold by karat and silver by fineness, priced off spot | — |
| Property | Yes | Home value estimate from Zillow |
| Loans and mortgages | Mortgages, loans and installment plans | Through linked accounts |
| Currencies | 80, and totals also readable in a steadier one, such as USD | US and Canadian dollars |
| Planning | ||
| Budgets | Monthly category budgets, tagged needs or wants | Category budgets |
| Spending insights | Per category, five months back, with what to do | Spending trends |
| Net worth over time | No; the forecast looks forward instead | Yes |
| Long-term forecast | 5, 10 or 20 years of your deposits and investments, with your own return per holding | No |
| Inflation-adjusted view | Consumer prices, monetary debasement and currency devaluation, filled in for you | No |
| Runway | Yes: months of your budget the assets you choose would cover | No |
| Savings goals | No goals; a monthly savings target and savings rate | Yes |
| Recurring charges | Spots monthly charges, their yearly cost and when one goes up | Bills and subscriptions |
| Everyday use | ||
| Apps | iPhone and Android | iPhone and Android |
| Web app | No | Yes |
| Sharing with a partner | No | — |
| Notifications | None, ever | Yes, alerts and offers |
| Languages | English and Arabic | — |
| Where it works | Anywhere, with banks that text in English or Arabic | US and Canada |
What Mint users miss, and how Loam covers it
- Spending that tracks itself. Mint pulled transactions through bank connections. Loam files each charge from your bank’s text messages, on the phone, into the right category.
- Budgets. Set needs, wants and savings once and follow the month against it, with per-category analytics over the last five months.
- Net worth. Cash, deposits, stocks, crypto, gold, property and loans, priced live and totalled in your currency.
- More than Mint had. Runway, and a 5 to 20 year forecast in today’s buying power.
What is different
Mint was mostly free because it showed you offers. Loam has no ads, no offers and no tracking, and costs $30 a year after a 30 day free trial. Mint stored your data on Intuit’s servers; Loam has no server and no account. Mint was for US and Canadian banks; Loam works wherever your bank sends texts.
More comparisons
Try Loam free for 30 days.
In beta now on iPhone and Android. No account, no bank login, no payment details for the trial. Then $30 a year or $3 a month.
Mint details describe the app as it was before it closed on 23 March 2024, from archived pages and coverage at the time. Mint is a trademark of Intuit; Loam is not affiliated with it.