However, paper check payments to Mint-synced credit accounts – for instance, an auto loan or credit card – should show up in relevant categories. Mint assigns most transactions to specific spending categories, leaving the Uncategorized label for paper check payments and all other transactions that can’t be categorized for whatever reason. The transaction roll looks similar to an online bank statement, with the payee or payer and dollar amount clearly indicated in line-item format. Mint keeps track of every credit (paychecks, external transfers) and debit (purchases) to your synced accounts. If you’re looking to open a new brokerage account or switch advisors, Mint runs promotions from partner companies in this feature as well. Although you can’t research securities or do other brokerage-type functions, you can peek into each account and look at the value and performance of individual holdings here. Mint syncs with each account and updates its value every day at market close. This feature tracks your investment accounts: However, the platform doesn’t account for vehicle depreciation, so you need to adjust car, boat, and RV values manually from time to time.
Mint also periodically updates real estate values through a partnership with Zillow.
Mint communicates with your banks and creditors to update your deposit and credit balances daily. Once each account or asset is entered, its value is reflected in your net worth. The “Accounts” tab doesn’t include investment accounts. You can adjust an asset’s value manually as well. To set up each asset, you’ll need to answer some basic questions (vehicle make, model, year, and mileage, or address of home) to find its approximate value.
Mint also shares some features with personal finance apps like Personal Capital, Acorns, and Digit.