Intuit's *Turbo* vs. *TurboTax* vs. Quicken Inc's *Quicken* - yikes!

Feb 27, 2020 Last reply: 6 years ago 9 Replies

Hmmmm...just noticed a new product (Although i see it's been around for a year+, I just didn't notice it before) from Intuit called 'Turbo', they claim it is a holistic financial manager, and will take my TurboTax file as initial input. OK....



Anyone use it? I kept using Quicken vs. Mint, but this Turbo thing seems different from the pure bookkeeping aspects of Quicken, and might be worth a try to see what it might provide.



I never heard of it until you mentioned it, but I just found

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It's apparently just a mobile app, so I have no interest in it.

I didn't realize that either (being a mobile only). Doesn't rule me out but certainly isn't as user-friendly (at least to me) with my large screen and printers on the home PC where I spent most of my financial time.

My only mobile computing is on my smart phone when I travel, and I use very little besides E-mail, web searches, google maps, and uber. I have no interest in having a financial program on my phone.

I use the Turbo Tax Online version to do my taxes, and "Turbo" is available via the same login

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The web browser-based version of it basically displays a scorecard of your "financial health", including your credit score. It also uses data from your tax return, if you choose to allow that, to calculate a debt to income ratio.

You can also access data from your Transunion credit report (which is what the credit score is based on). The overall motive behind it though is to get you to apply for credit cards, loans, insurance, etc. I haven't tried the mobile app.

Turbo is in no way a Quicken replacement, it's much more similar to something like Credit Karma

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which I have found to be the best site of that ilk.....and actually Credit Karma it is now being purchased by Intuit.

Thanks for the 'review'. Have you found it to be of any marginal usage? I know it wasn't any form of 'replacement' for Q, as Intuit already has Mint that does that function. But I am curious if Turbo does anything *meaningful* (not like supplying a credit score, many banks now show that anyway, but rather some other insight) that a high level report of Q (say, account balances) does?

Marginal maybe, at best. What Turbo does, Credit Karma does it better. It gives you credit scores and access to credit report data from 2 of the 3 major credit agencies (Equifax and Transunion), while Turbo gives access to Transunion only, and the data you can see is less detailed. And that's really all you get of any substance, from what I can see. The rest is just credit card offers, etc.

The mobile app supposedly offers more, but like I said in my other post, I haven't tried it. I only tried the Turbo browser version because it was presented to me after I filed my return with Turbo Tax.

Agreed, I have NO financial info on phone or laptop, they're too easily misplaced or stolen. I believe it's much easier to secure a desktop as they're not as easily portable.

Thanks for the feedback. I'll take a pass for the time being.

Right.That's the reason I don't do it.

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