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Quicken 2007... To buy or not to buy? Archived From: Finance

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vitaliyf said:The most significant change is that Quicken now supports substantially more financial institutions with automatic transaction downloads. I believe they are using a system similar to MS Money and Yodlee - so, for example, MBNA transactions can now be downloaded automatically.

But can it download from Presidential? That is what I and many others need. When someone confirms that I am on my way to Staples.

Generally speaking, I wait to upgrade until turbo tax comes out. The last three years around thanksgiving Staples has had enough in rebates, coupons, etc. to get quicken deluxe, turbotax deluxe, a shredder, and norton systemworks for arround 20 bucks after rebate.

I also find that the first release of quicken is often buggy. Wait a month or two and they will have some patches.


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I installed the new Quicken and been playing with it. I have to say the new layout is much easier to read while I find all that information irrelevant for me others might find it usefull. It gives you info like total deposit total outflows based on catagories increase or decrease in value on investment etc.

Form the accounts I have MBNA, INGDIRECT now support auto downloads into Quicken 2007 that Quicken 2006 did not support. Citibank has also added support for investment and IRA downloads which was not support at all in Quicken 2006.

Atachment feature looks much nicer than before as You can attach check, recipet , warrenty and other image into every transaction and in Quicken 2006 only allowed 1 attachment.

I will update this some more when i have more time to play with it. I really like the update and fact I dont need to manually enter all my brokerage account info into Quicken anymore. At it will update the price of my Corp and Muni and T-bill for me which Quicken 2006 would not do at all as there was no way to download any bond info.


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Nice, that's good to here. I'm sick of having to manually connect to five different sites to update all my accounts. ING will be a plus, I've heard that Emigrant still isn't supported yet. Any word on Chase or Capital One credit cards?


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Any word on Chase or Capital One credit cards?

Huh? I thought Chase cards were already supported through webconnect (I've been doing it for years on 2004 and 2006)

I'm not sure what's changed in 2007, but here's a list of webconnect partners:

http://web.intuit.com/personal/quicken/results.cfm?type=basic&product=qw&qwid=qw1500&qmid=qm1501&qbid=qb1600&qbmid=qbm1600


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seantay00 said:Nice, that's good to here. I'm sick of having to manually connect to five different sites to update all my accounts. ING will be a plus, I've heard that Emigrant still isn't supported yet. Any word on Chase or Capital One credit cards?

Chase and Capital one both support direct connection in 2005+ so not sure why you would even bother with this hibreed web connect anyways. Both of them support full transaction download of bank account and credit cards and lines of credit. Chases also support bill pay from inside of Quicken.

Emigrant Direct in 2007 supports direct connect for Credit and savings accounts. I tried seting up an account and it says your webpage login infomation is your direct connect login info.


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Ahahah, BoA my portfolio and MS Excel. Or, just light your money on fire. I tried money, what a horribly limited POS, quicken I avoided after several frustrated attempts with 2003 to automatically do ANYTHING.


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alexnyc said:Any word on Chase or Capital One credit cards?

Huh? I thought Chase cards were already supported through webconnect (I've been doing it for years on 2004 and 2006)

I'm not sure what's changed in 2007, but here's a list of webconnect partners:

http://web.intuit.com/personal/quicken/results.cfm?type=basic&product=qw&qwid=qw1500&qmid=qm1501&qbid=qb1600&qbmid=qbm1600

When Chase bought Bank One earlier this year, my Bank One accounts mysteriously stopped downloading automatically even after I updated the info Quicken uses to connect and spoke with Chase's tech support. Chase also decided I would be get a monthly $9.95 fees for auto-downloading now that I was a Chase customer (no fees under Bank One), it took two seperate calls to get that cleared up.


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longwood8 said:But can it download from Presidential? That is what I and many others need. When someone confirms that I am on my way to Staples.

I am wondering this exact same question. Can anyone confirm whether downloads work with Presidential? I've been stuck on 2004 for QIF support because this is my main checking account.


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gexi said:longwood8 said:But can it download from Presidential? That is what I and many others need. When someone confirms that I am on my way to Staples.

I am wondering this exact same question. Can anyone confirm whether downloads work with Presidential? I've been stuck on 2004 for QIF support because this is my main checking account.


Presidential is not support at all when you goto set up new account and pick bank Presidential is not listed as a supported bank. So I guess for people with Presidential account money might be better.


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I am a first time quicken user. I preferred buying directly from quicken.com. While its a little more expensive but it comes with 60 days return policy for full refund. If you download it from there site then you have to just uninstall and request your full refund.


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I don't know if this list is accurate or not for Quicken 2007.


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(damn dupe)


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winter said:I don't know if this list is accurate or not for Quicken 2007.

Thanks! This is a great list for finding out the banks it supports. Beware that it takes a lot of time (and system resources) to load.


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Dolmar, what exactly is the direct connection function. Are you talking about the ability to go to chases website and import your transactions into Quicken? The feature I want to work is to be able to click one button and update all in my accounts in Quicken. As far as I am aware I cannot update my Capital One card without logging into Capital One's website in Quicken 2006. Please correct me if I am wrong, by explaining how to automatically sync the account.

Thanks for the list of supported banks!


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PC World review/comparison to MS Money 07

link


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seantay00 said:Dolmar, what exactly is the direct connection function. Are you talking about the ability to go to chases website and import your transactions into Quicken? The feature I want to work is to be able to click one button and update all in my accounts in Quicken. As far as I am aware I cannot update my Capital One card without logging into Capital One's website in Quicken 2006. Please correct me if I am wrong, by explaining how to automatically sync the account.

Thanks for the list of supported banks!


Direct connect is hitting just 1 set update. I have been using that feature in Quicken 2006 with both Chase and Capital one credit cards. Both have a link on there web page to activate that free service once logged into there web page. Then you enter you same login and password from the web page into Quicken under "online services" of each account.

Quicken 2007 also supports downloading web connect without having to log into the webpage for accounts that do not support direct connect like Ingdirect, Emergrant Direct, Citibank CD's etc.

For Example Citibank charges $9.99 for direct connect for banking accounts but allows credit cards to direct connect for free. So if you bank with Citibank and they dont waive monthly fee you could use web connect to download the info from Citibank for free now. Citibank only waives the direct connect fee on Citigold and Everything Counts accounts.


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Dolmar, thanks for clearing that up. I think you made my night, I'm going to set that up as soon as I get home. Finally no more manual exporting, thank God.


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dolmar said:gexi said:longwood8 said:But can it download from Presidential? That is what I and many others need. When someone confirms that I am on my way to Staples.

I am wondering this exact same question. Can anyone confirm whether downloads work with Presidential? I've been stuck on 2004 for QIF support because this is my main checking account.


Presidential is not support at all when you goto set up new account and pick bank Presidential is not listed as a supported bank. So I guess for people with Presidential account money might be better.



Presidential works great with Money 2006.


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n/m, I'm an idiot


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loyosewe said:I am a first time quicken user. I preferred buying directly from quicken.com. While its a little more expensive but it comes with 60 days return policy for full refund. If you download it from there site then you have to just uninstall and request your full refund.


Costo is a better deal. You can return it pretty much whenever for whatever reason.


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