As the specifications for digital budgeting tools grow smarter and more intuitive, choosing the right one can make all the difference in managing your money. Truebill and Mint stand out as two top contenders, each offering unique features to help businesses monitor spending, reduce waste, and stay on top of their financial goals.

Truebill focuses on reducing costs through features like canceling unused subscriptions, negotiating bills, and automating savings deposits. Mint, on the other hand, emphasizes budgeting, allowing businesses to set savings goals, track bills, monitor financial accounts, and view credit reports in one place.

This Truebill vs Mint comparison explores the core features, strengths, and limitations of each platform, highlighting what sets them apart to help you choose the best fit for your financial goals.

Truebill Vs Mint: At A Glance

Feature

Truebill

Mint

Spending Tracking And Insights

Real-time notifications, tracks spending behavior

Monitors subscriptions, hidden fees, and changes in spending

Credit Card Management

Rocket Visa Signature Card, payment scheduling

Credit card calculators like debt repayment, sales tax, and bank transfer calculator

Net Worth

Custom asset categories, automatic updates

Transaction history, e tracks retirement accounts, mortgages

Credit Scores

Offers full credit report and history, real-time alerts about changes

Payment history, credit utilization, account mix, and recent inquirie

Account Linking

Plaid API to link checking, savings, credit, investment, and loan account

Connects accounts from over 17,000 institutions

Pricing

Starts at $6/month

Free

Disclaimer: The pricing has been sourced from third-party websites and is subject to change.

What Is Truebill?

Truebill software, now known as Rocket Money, is a comprehensive financial and budget management platform designed to help individuals gain better control over their finances. It offers a range of features that help businesses track cash flow, manage their expenses, and enhance financial performance through automation and actionable insights. Additionally, it provides a strategic edge by monitoring users’ net worth and credit standing.

Standout Features

  • Balance Alerts: Offers businesses with real-time balance updates providing a unified view of credit spending, essential for accurate forecasting and liquidity management
  • Unlimited Budgets: Financial teams can set unlimited budget categories according to their needs, making it ideal for tracking departmental or project-based expenses
  • Account Sharing: Allows users to easily share their Rocket Money account with family members, friends, or financial advisors to improve transparency and collaboration on budgeting
  • Widgets: Exclusively available on feature brings your finances directly to your home screen for quick, at-a-glance insights of upcoming bills and payments, recent transactions, and balances to avoid over-spending

Pros And Cons

Pros

  • Tracks monthly subscriptions to reduce unnecessary service charges
  • Offers valuable insights into overall personal spending habits
  • Alerts users to forgotten or unused subscription payments

Cons

  • Limited support for customized financial goal setting
  • No traditional reports reduce detailed financial visibility

What Is Mint?

Mint by Intuit allows users to link accounts, track spending, categorize expenses, monitor credit scores, and view their net worth. These capabilities are now part of Credit Karma, preserving its core budgeting tools while adding advanced credit services and providing proactive financial insights. It offers a range of advantages that enhance financial management through a unified and intelligent platform.

Standout Features

  • AI-Powered Financial Assistant: Offers a GenAI-powered assistant that provides personalized, real-time financial guidance such as optimized credit usage and cash flow suggestions, helping businesses handle complex financial decisions with ease
  • Credit Reports: Users can view and monitor their TransUnion® and Equifax®credit reports at no cost, updated frequently while offering access to view credit cards and loan options
  • Investment Tracker: The platform’s investment tracking tools provide a clear view of your investment accounts. You can compare your portfolio to market benchmarks, monitor account balances, boost your long-term savings, and work toward increasing your net worth
  • Bill Tracking: Mint lets financial teams set up bill reminders and sends alerts when due-dates are near, or the account balance is low, helping them avoid missed payments and overdraft fees

Pros And Cons

Pros

  • Easy export of financial data into Excel
  • Built-in graphics provide quick financial overviews
  • Long-term reliability with consistent annual improvements

Cons

  • Linked bank accounts occasionally become disconnected unexpectedly
  • Budgeting errors between categories can disrupt planned financial tracking

Truebill Vs Mint: Key Feature Comparison

1. Spending Tracking And Insights

Truebill provides powerful spending insights, helping businesses monitor and align their finances with personal goals. It tracks spending behavior, highlights key spending categories, and includes budgeting tools like spending allowances. Real-time notifications also alert you to upcoming bills and when you're approaching your set limits.

Once your bank account is linked, Truebill automatically organizes transactions into spending categories. It also analyzes past spending behavior to flag areas of overspending. Additionally, the app creates personalized spending allowances to help you stay within budget each month.

Mint’s spending feature offers a centralized view of your finances by tracking every transaction across all connected accounts. It consolidates expenses in one dashboard, making it easier to manage cash flow and avoid missed charges. The tool also monitors recurring subscriptions, hidden fees, and sudden changes in spending, helping users stay on top of their financial activity without anything slipping through the cracks.

Winner: Truebill wins this section due to its comprehensive spending insights and real-time alerts.

2. Credit Card Management

Truebill offers a flagship card named ‘Rocket Visa Signature® Card’ that gives users real-time insights into spending categories, credit utilization, and subscription management. This card is built to connect daily spending with homeownership goals, offering distinctive rewards and financial management tools through seamless integration with the ‘Rocket Money’ app. Additional features, such as alerts and automated payment scheduling, simplify credit management and aim to reduce fees while optimizing financial health.

Mint offers a comprehensive suite of tools designed to help users manage their credit cards and overall financial health efficiently. Its standout feature is its suite of ‘Credit Card Calculators’, designed to assist with debt repayment, sales tax, and bank transfer calculation. These enable users to understand how different payment strategies can impact their balances and credit health over time.

Winner: Truebill excels in this section as it offers a signature card allowing users access to view and manage their daily spending.

3. Net Worth

Truebill’s ‘Net Worth’ feature gives users a comprehensive view of their financial life. By linking all your accounts—banking, loans, investments, and more—users can effortlessly track their balances. Whether you're monitoring your 401(k) or a mortgage, the platform makes it easy to include both standard and custom asset categories. Additionally, it’s automatic updates to asset values and debt balances, so there’s no need to check each account individually.

Mint offers a ‘Wealth’ feature that tracks assets, debt, and liabilities in one place. Users can connect their financial accounts to monitor key components, including retirement accounts, mortgages, credit card debt, and investments. All of these elements together provide users with a clear picture of their total net worth.

Winner: Mint wins this section with its wealth feature that enables users to track their assets.

4. Credit Scores

Truebill enables users to take control of their credit health with a comprehensive credit score tracking feature. It provides access to the full credit report and history, helping users understand the key factors that influence their score, such as payment history, credit utilization, and account age.

Users can receive real-time alerts about changes with a breakdown of credit data into easy-to-understand insights. This allows users to see exactly what's affecting the score and how to improve it.

Mint’s credit score feature provides a clear and accessible way to monitor and understand your credit health. The scores are based on key credit report data, including payment history, credit utilization, account mix, and recent inquiries. It utilizes both ‘VantageScore’ and ‘FICO’ models, which weigh these factors differently, providing users with a more comprehensive view of their credit profile.

Winner: Mint wins this section due to its robust credit score capabilities.

5. Account Linking

Truebill enables users to connect their bank accounts, credit cards, investments, and other financial accounts to its platform. It uses the ‘Plaid API’ integration to link checking, savings, credit, investment, and loan accounts within minutes of setup. Additionally, it offers bank-level encryption (256-bit) and access to approximately 15,000 U.S. financial institutions.

Mint allows users to connect their financial accounts from over 17,000 institutions and conveniently view all their transactions in a single location. Users can connect their bank accounts, credit cards, and other financial accounts to their platform.

Winner: Truebill takes the lead again with its advanced account linking capabilities.

Pricing Difference Between Truebill And Mint

Truebill software offers businesses a free and premium plan. Here’s the breakdown:

  • Free Plan: Free forever
  • Premium Plan: $6 to $12/month after 7-day free trial

Disclaimer: The pricing has been sourced from third-party websites and is subject to change.

Mint software offers a list of features, including credit scores and reports, as well as identity monitoring, all of which are completely free for all users.

Both Truebill and Mint offer powerful financial management tools, but they cater to slightly different user needs. Truebill excels in subscription tracking, spending insights, and account linking, while Mint surpasses it in credit monitoring and long-term financial planning.

Ultimately, the best budgeting software for you depends on your specific financial needs and requirements. Choosing either Truebill or Mint can be a valuable first step toward achieving your financial goals.