Editor’s note: Mint confirmed last month that an Android app is currently in development, but we have not see many details of the free personal finance software. One of our authors previewed the app at CTIA and has submitted his first impressions.
I know many of our readers have been looking for a good finance and budgeting app for the Android Platform. Well, that time is right around the corner. No release date has been set yet, but my sources inside Mint.com say it will be available before the end of April.
If you are not familiar with the Mint service, it allows you to link all of your bank accounts, loans and credit cards into a central location to view balances and recent transactions. This service also features very strong budgeting tools. The best part about this service is that it is free. During CTIA, I had the pleasure of using this app in depth so let’s get this review started.
Design and UI
In true Mint fashion, this app has been beautifully crafted for the Android platform. Every aspect of the app has been very well thought out. Nothing seems out of place. Keep in mind that this app is still in beta and the UI is not finalized yet, but I would still give it a nine out of ten.
Almost anything you can do on the Mint website you can do within the app. You can track your balances, view recent transactions and even categorize recent transactions. It also allows you to view how much you are spending in each category. For example, I can see exactly how much money I have spent on dining this month and compare that to how much I have budgeted for it.
The app also allows you to see cash flow, enabling you to see trends in your shopping habits (for instance I can see that I spent $578 at Target this month). The Mint app also allows you to see custom alerts that you have set like large withdrawals, fees charges, etc. The app automatically signs you in after your first login, which is very nice. Currently there is no password on the app, but I have been told that before release, this feature will be implemented.
Mint uses 128-bit SSL encryption and 24/7 physical security. All of their employees must pass financial and criminal background checks. This service is also read-only, so no transfers are possible, in or out. Mint does not store any of your account details in plain text and on top of this they do not store any personal information with the account, not even a name is required to sign up. This makes me feel very safe and secure with the service they are providing. For more information on privacy click here.
There is no better app for tracking how much you spend in the marketplace. Mint is the best website for this and is soon to be the best way on Android. We see a strong future for this company and their efforts toward Android.
Submitted by Jeff Uberstine.