It’s been a little while since we checked out what Mint had to offer, but it looks like they are progressing quite well. One of the things that really makes them stand out is their ability to connect to your bank and download new transactions. Up until now they have supported (in the U.S.) 2,520 banks, 1,621 credit cards, and starting next week on May 6th they’ll have 2,381 investment accounts added to the list.
That’s right, not only will they keep track of your bank accounts and credit cards, but now they’ll also manage any brokerage, IRA, 401K, and 529 assets that you have. There’s no doubt that a lot of people were waiting for them to start supporting investment accounts, and I expect that this will attract a lot of new users.
I do have to give credit where credit is due, however. When we previously checked out Mint I was skeptical about how secure their system was, and whether they would be able to withstand the test of time. Well, the site has been up and running since September 2007 without any publicly disclosed vulnerabilities having been found. Bravo!
Am I still a little weary? Sure, but they definitely have to be winning over the confidence of the users. What about you? Is taking your finances online something you foresee doing now or in the future?