With that said, a lot of free services like Mint offer premium versions without ads and affiliates, however, as Mint doesn’t offer any paid plans, users don’t have a way of getting rid of these ads and affiliate links that they may prefer not to see. This is likely an affiliate partnership where Mint gets paid anytime someone does something like fill out a form or applies for a loan. And despite what many people think, Mint does not sell its user’s data.įor example, below here is a screenshot in my account (on desktop version) and you can see Rocket Mortgage is one of Mint’s Home Loan partners. In short, the Mint budgeting app makes money through advertisement partnerships and affiliates that are displayed within the app itself. My initial thought was that Mint sold our data to third parties, and if that was the case, I don’t think I would of been okay with that, but after reaching out and asking, I realized Mint didn’t even do that. If Mint doesn’t charge its users, you might wonder how it generates revenue to operate? And that’s a very valid question and one that I reached out directly to Mint to clarify. In fact, it doesn’t even have any premium version yet, so even if you wanted to do any sort of upgrade, you wouldn’t be able too!īut that does then beg the question, how the heck does Mint make its money? How Does Mint Make Money? The Mint budgeting app is completely free to use. So I don’t think it gets any more clear than that. There are advertisements from various partners and affiliates displayed inside of the app itself. The app is free to use, and while we do have a premium version coming out in the future it has not been released yet. Mint Response – Hello Noel, Thanks for reaching out to us! The Mint app does not sell the data of it’s users. I was just wondering if it costs money to use it? And if you have any premium services? Because I heard it is free to use? So I was curious to know how it made money? Do you sell my data? Me – Hello! I had a couple questions about your app. I actually reached out to Mint personally through Facebook Messenger and asked them this question, and believe it or not, I got a response within a few hours.īelow is a copy of my exchange with them. Does The Mint App Cost Money to Use?Īs mentioned, the Mint budgeting app is completely free to use. Otherwise, keep on reading to discover more about Mint and what it has to offer. To learn more about why I use Mint, check out my article Top 7 Reasons Why You Should be Using the Mint Budgeting App. Mint makes its money through advertisements, partnerships and affiliates that are displayed within the app. While they do have a premium version coming out in the future, it has not yet been released and will be available to the public in 2022. The Mint budgeting app is completely free for its users. If you are wondering if and how the popular Mint budgeting app is really free, then you have come to the right place.īy now you probably already know that it provides exceptional features compared to its competitors, and it seems almost impossible for an app of this stature to be offered for free.
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