Monio vs. Mint

What happened to Mint

Mint was Intuit's budgeting app. Intuit shut it down in March 2024 and folded it into Credit Karma. Credit Karma's own announcement said Mint was going away and invited Mint users to Credit Karma, describing its spending tracking and cash flow monitoring.

Credit Karma's page describes spending tracking and cash flow monitoring; it doesn't describe budgets like Mint's. If you want an app with budgets and still haven't settled on one, the rest of this page covers what to look for and how to move your old data.

What to look for in a Mint replacement

Start with how the app counts spending, because that's where many budget apps go wrong. Paying off a credit card is not spending: the purchases on the card already were. A $1,500 card payment counted as spending makes your month look $1,500 worse than it was. Moving money from checking to savings is not income either. Check what an app's help pages say about card payments and transfers before you trust its totals.

Next, look at what happens when money comes back. A $90 refund should lower the purchase it was for, in that purchase's month, not show up as $90 of income. The same goes for paybacks: say you paid a $200 dinner, your share was $50, and three friends sent you $150. The honest number is $50 of dining, not $200 of spending and $150 of income. Some apps make you fix this by hand each time.

Then think about how you'll pay for it. Free apps still need a way to make money, and many Mint replacements charge a subscription instead. The price, the trial length and what a partner costs differ a lot from one app to the next.

How Monio counts spending

Monio sorts every transaction before adding anything up: spending, income, a transfer between your own accounts, a card payment or a refund. Both sides of a card payment or a transfer are paired and left out of spending. Refunds are matched to the purchase and taken off it, in its category and its month.

Money friends pay you back lowers the purchase it was for. If you use Splitwise, Monio connects to it and links each bill to the card charge, so only your share counts. Monio also tracks the statement credits on your cards and takes each one off the purchase it covers. When you fix a category, Monio keeps your choice on future syncs.

Budgets and the month ahead

Mint users were used to a budget per category. Monio sets one up for you from up to three months of your own spending, with fixed costs like rent as the floor: if rent is $2,100, your housing budget is never set below $2,100. Spending in a category without a budget still counts toward your total.

Monio shows month-to-date and month-end views, opened by category, so you can see where the month is likely to land before it's over.

How to import your Mint transactions.csv into Monio

Mint's export was usually a file named transactions.csv. If you downloaded it before Mint closed, you can bring it into Monio. First connect your banks and cards through Plaid; Monio asks each bank for up to 24 months of transactions, depending on the bank. Then open the importer, choose Mint and upload the file.

Monio brings over your categories, how each store was sorted (so it can keep sorting the same merchant the same way), and your past transactions. Transactions your bank can't supply, such as the years before your connected history begins, come over as history on their own account.

You review everything before it's applied, and you can undo an import for 30 days. One import holds up to 8,000 transactions. Bank connections don't travel in a file, which is why you make them again through Plaid.

Price, platforms and sharing with a partner

Monio Pro is $7.99 a month or $80 a year after a 7-day free trial. It is paid for by its subscription and never sells personal data. Monio runs in any web browser, on a desktop, laptop or phone.

If you share money with a partner, a household seat is $5 a month. Each person keeps their own login and chooses which accounts to share, and money moved between you isn't counted as spending and income.