Is Quicken Going To Be Discontinued (2024)

When Quicken was sold in 2016, some thought that spelled the end of the software. Find out if Quicken will really stick around.

Is Quicken Going To Be Discontinued (1)
  • Will Quicken be Discontinued?
    • Discontinued Quicken Products
  • A Brief History of Quicken
  • How has Quicken Changed?
    • Pricing Structure
    • Compatibility
    • Discontinued Services

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Will Quicken be discontinued?

A lot has changed with Quicken—for better or for worse—but there's no current plan to permanently close its services. While some versions and functionalities have been discontinued, Quicken is still releasing new features and tools.

Once a product expires, it's discontinued and no longer receives support. You have to renew your subscription each time to get full access to and support for their services.

Check out which products have been discontinued, and how you can continue getting support down below.

Discontinued Quicken Products

A Quicken subscription membership lasts for 1 to 2 years. Once it expires, the product is discontinued for good.

Quicken has a Data Access Guarantee which means you can view, edit, and manually add data even after your subscription ends. But you won't be able to use any online services.

The only way to keep getting full services and support is to renew your subscription every time it expires.

How to Find Your Subscription Expiration Date
Every Quicken product has an expiration date. You can find yours by navigating to

Help > About Quicken

on Windows, or

Quicken > About Quicken

on Mac.

Here are some past Quicken products that have been discontinued:

ProductDiscontinuation Date
Quicken for Mac 2007 and 2007 for LionOctober 13, 2016
Quicken 2015 CanadaMay 31, 2018
Quicken 2016 CanadaMay 30, 2019
Quicken 2015 Windows and MacApril 30, 2018
Quicken 2016 Windows and MacApril 30, 2019
Quicken 2017 US Windows and MacApril 30, 2020
Quicken Bill PayAugust 31, 2020
Quicken Subscription ProductsBased on subscription length purchased
Quicken Premium Support1 year from purchase date or upon subscription expiration

So, it's pretty much inevitable. Your current Quicken program will be discontinued eventually. It's part of their pricing plan.

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But there are a few other reasons why some people think Quicken is on its way out. Find out more below.

A brief history of Quicken

When Quicken came out in the 1980s, it made a big splash. It quickly became the king of personal finance software. The program did everything, from tracking investments to balancing a checkbook.

But other alternatives emerged, and Quicken wasn't able to innovate fast enough to keep up with the times. As Quicken revenue declined, Intuit sold the company in 2016 to H.I.G. Capital.

Some people thought the acquisition spelled the end of the software. But fast forward 5 years and Quicken is still kicking.

Alternatives to Quicken

Quicken isn't going away any time soon. But the clunky software leaves a lot to be desired.

If you're looking to switch to a more modern and affordable program, check out these tools:

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How has Quicken changed?

Quicken has been in the business for nearly 40 years. Naturally, it's been through a few transformations. But some users feel these could be signs of Quicken going downhill.

Pricing Structure

In its early days, one Quicken purchase would give you access to the program forever. Just pop in the floppy disk (remember those?) or CD and download the software to your computer.

This eventually changed as Quicken started to discontinue their products after three years. If you had a copy of Quicken 2015, for example, you would no longer get updates or support after 2018.

Since 2018, Quicken has switched to a yearly subscription model. Instead of upgrading once every 3 years, users now have to renew every year to use the program.

Tip: Free Quicken Alternative
If you're looking for a free way to manage your money, check out Empower. It comes with a host of robust tools—plus, you don't have to lock yourself in with a subscription.

Compatibility

Quicken has Mac and Windows versions, but they aren't compatible with each other. There's no easy way to transfer your data from one version to the other.

The two versions are also quite different. Quicken for Windows looks more outdated but has more functionality. Quicken for Mac looks modern, but lacks robust planning and reporting tools.

Discontinued Services

Quicken has discontinued several versions of its software. With their subscription product, this won't be an issue—as long as you're willing to pay. You'll get the latest features and tools each time you renew your subscription.

The company also abruptly discontinued their Quicken Bill Pay feature in 2020. Although they provided a new tool to replace it, some users feel it's an inferior product.

Bottom line

Quicken has been in business for a long time compared to other personal finance software companies. And they're still pushing out new features and updates.

There are many tools available for tracking investments and managing expenses. If you're unhappy with your current software, it may be time to check out other options.

But if your Quicken subscription has be working well for you, don't worry. The company shows no signs of getting rid of the product any time soon.

Donna Tang is a content associate at CreditDonkey, a personal finance comparison and reviews website. Write to Donna Tang at donna.tang@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Is Quicken Going To Be Discontinued (2024)

FAQs

How many people still use Quicken? ›

It's worth noting that more than 20 million customers have used Quicken over the last 40 years, and many satisfied users continue to log on every day to track their spending, set savings goals, generate interest rate of return (IRR) and return on investment (ROI) reports, and more.

Can I keep using Quicken without subscription? ›

The Quicken Data Access Guarantee means that whether you renew your subscription or not, you'll always have full access to and ownership of your data. You can view, edit, export, and manually enter transactions and accounts for Deluxe and higher versions, even after your subscription ends.

Can I still use an old version of Quicken? ›

After your Quicken Membership expires, you will no longer receive updates to the Quicken application. However, you may continue to use the version of Quicken you had at the time your Membership expired to open your data files and, for Quicken Deluxe and above, continue to use Quicken in a manual mode.

Is Quicken no longer owned by Intuit? ›

Intuit sold Quicken software to H.I.G. Capital in 2016. The latter sold Quicken to Aquiline Capital Partners in 2021. So, clearly, the answer to is Quicken still owned by Intuit is no.

Why did Intuit sell Quicken? ›

The announcement put an end to a sales process that went public last August, when Intuit told customers it was unloading three parts of its business — Quicken, QuickBase and Demandforce — to focus on its most profitable software and services, the QuickBooks small business accounting division and the seasonally-skewed ...

Who bought Quicken? ›

In 2021 Quicken was sold to Aquiline Capital Partners by H.I.G Capital, who purchased it in 2016.

How much is Quicken 2024? ›

Overview. Quicken Classic subscription pricing will be updated in 2024. Starter: $47.88/year - an increase of $6. Deluxe: $71.88/year - an increase of $12.

Is Mint better than Quicken? ›

Quicken has much more functionality and can grow with you over time. It's also better than Mint if you're a small business owner or are managing rental properties. Quicken is also better than Mint for tracking investments and planning your retirement.

Do you have to purchase Quicken every year? ›

There are many people who are happy using Quicken manually like this instead of renewing their subscriptions. But if you want to be able to continue using any of the online services (and get back your full view Quicken screen) you will need to renew your subscription.

Can you buy a desktop version of Quicken? ›

For more robust tools and in-depth features, our Quicken Classic line is a great option. It's designed primarily for desktop use — on Windows or macOS — and comes with companion web & mobile apps.

Will Quicken run on Windows 11? ›

@Ocuser007, Quicken 2015 will run fine on Windows 11 as long as the following conditions are met: Install Quicken 2015 from the installation media. Download/install the r17. 4 Mondo patch from here.

What is easier to use than Quicken? ›

What are the best alternatives to Quicken?
  • BEST OVERALL: EMPOWER (FREE) ...
  • BEST BUDGETING TOOL: YOU NEED A BUDGET. ...
  • FOR SPREADSHEET BUDGETING: TILLER. ...
  • RETIREMENT PLANNING: POCKETSMITH. ...
  • BILL PAY: MONEYDANCE. ...
  • FOR MAC: BANKTIVITY. ...
  • TRANSFER DATA FROM QUICKEN: COUNTABOUT. ...
  • BUDGETING BEGINNERS: EVERYDOLLAR.
Jan 18, 2024

Did Wells Fargo buy Quicken? ›

Quicken is offered by Quicken, Inc. Wells Fargo doesn't own or operate Quicken. Quicken is solely responsible for its content, product offerings, privacy, and security.

Does Quicken have a competitor? ›

YNAB can be installed as a desktop app on Windows or Mac, mobile app on Android or iPhone or simply run it from the web. It offers a 34-day trial and thereafter will cost $98.99/yr. YNAB is able to justify this cost through the amount you'll save by using the software.

Why is Mint closing down? ›

The reason for closing down the Mint app is the supposed consolidation of Intuit's personal finance products and to prioritize their focus on Credit Karma, which has more features and functions than Mint. However, some key features that made Mint what it is are said not to be available in Credit Karma, like budgeting.

Do people use Quicken? ›

Over 20 million members have trusted Quicken to protect their privacy for 40 years.

How many subscribers does Quicken have? ›

The app offers users a customizable way to manage finances, save money, track spending, pay bills, and much more. Over 20 million people have turned to Quicken to track their budgets and grow their money over the past four decades.

Why has Quicken slowed down? ›

Turn off backup programs that may be running in the background (ex: OneDrive, Dropbox, Carbonite etc.). Ensure your Quicken file is not saved in a compressed drive. We have observed performance issues (such as slowness) when Quicken files are saved on a compressed drive. Check if other programs are running slowly.

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