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iBank provides yet another reason to dump Quicken for Mac

If there's one software company and product line that can raise the ire of even the most mellow Mac user, it's Intuit and the Quicken line of accounting software. While the company rightfully owns the market for home and business accounting software in the Windows world, their Mac products are beset with bugs, delays, and incompatibility issues.

IGG Software has announced a "Why wait another day?" rebate program to persuade frustrated Quicken Mac 2007 owners to switch to iBank 3.5 (US$59.99). If you're a Canadian or U.S. owner who purchased iBank after July 10th, 2009, and have proof of ownership (installation disc or receipt) for either the Mac or Windows versions of Quicken or Microsoft Money, sending in a mail-in rebate form will get you a $20 incentive to switch to iBank.

iBank 3.5 requires Leopard, and has a number of features that take advantage of Apple technologies. For example, you can take a picture of a receipt using your iSight camera and include that with a transaction record. MobileMe users get the advantage of automatic backups of their financial data, as well as a way to enter transactions "on the road" with the companion iBank Mobile iPhone app (US$4.99, purchased separately).

All in all, the rebate is a great way to start saving money and begin working with an accounting application that was designed from the ground up to work on Macs.

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If there's one software company and product line that can raise the ire of even the most mellow Mac user, it's Intuit and the Quicken line...
 

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Chris

I'm trying iBank because of this post, and so far everything is great (I was set up in less than an hour from Quicken).

I can't seem to figure out how to split a transaction from the transaction import window. Anyone know if that is possible?

July 28 2009 at 3:06 PM Report abuse rate up rate down Reply
Nick

I looooooved MS Money when I was a PC user. After I got a mac...I use TD Bank's online banking in conjunction with Remember The Milk.

I tried Cha-Ching and hated it.

I long for an app similar to MS Money that INCLUDES BILL PAYER! Until that app comes along...I'll stick with my current setup.

July 28 2009 at 1:58 PM Report abuse rate up rate down Reply
Matt

I'm not currently using any tracking system, though I was using Money for a couple of years. I've tried using Mint but I keep getting errors with syncing my accounts which makes it pretty useless. I'd like to start tracking my finances again and things are more complicated than they were when I lasted used money.

The list of banks where I have account:
US
US Bank, TD Banknorth
TD Waterhouse

Canada
TD Canada Trust (US and CAD accounts)

Spain
Caja Madrid (euro)

France
Credit Agricole (euro)

I have Bootcamp/VM Ware so would prefer a MAC solution, but if Windows has better offerings, I'll go that route.

Any suggestions as to the best package to use for my somewhat complicated requirements?? :)

Cheers,
Matt

July 28 2009 at 10:28 AM Report abuse rate up rate down Reply
ihedgar

Use MINT. It's free, fantastic GUI, is web-based, has iPhone app, and links to most US institutions. Only downside is no links to non-US banks.

July 27 2009 at 11:58 PM Report abuse rate up rate down Reply
WLW

I've been a very satisfied iBank user for over a year now. It works well, and the developers are interested in creating a real Mac product, not merely an afterthought like Intuit.

July 27 2009 at 9:43 PM Report abuse rate up rate down Reply
jhewell

Most readers share my opinion. iBank, while pretty to look at, has far too many limitations and 3.5 is very buggy - I have yet to be able to get transactions to download. I have an advance copy of 3.5.1 and it still doesn't work. Plus it does not have Send Payment (online payments) like Quicken 2007 (and most versions before that) have. I bought it because of the 75 transaction limit; so I'll get the rebate but doubt I'll use it much until they fix the bugs and add online payments. They're trying, though.

July 27 2009 at 8:44 PM Report abuse rate up rate down Reply
terrovision

i tried iBank for a long time... and it was useful serving what i needed: budgeting, spending tracking, etc. but still it somehow wasn't exactly "it". And this is where online solutions like Wesabe and Mint totally serve its purpose, and my needs, available everywhere all the time, on the go, with automatic updating, easily categorizable, and can read different format finance software, i wonder why would anyone bother these days with desktop and offline solutions.

Granted Mint/Wesabe/Others aren't quite there yet with every feature, they are still full-featured and very pleasant to use. I'll never go back to bank, they were too much time spent and doing things manually.

July 27 2009 at 7:33 PM Report abuse rate up rate down Reply
1 reply to terrovision's comment
Wilder

You said it! I've been using iBank for years and finally switched completely over to Mint a couple of months ago and couldn't be happier. It's so much more intuitive, faster, & easier to use than iBank.

When the new iBank app came out, I was a complete sucker and downloaded it thinking that it might renew my interest in iBank. What a waste of money that turned out to be!

Everyone should at least try out Mint. It's free, so why not?

July 29 2009 at 5:36 PM Report abuse rate up rate down Reply
Darrin

Actually , for those replies I got... IBank does not do everthing you'd want. You are welcome to ask Jon at iBank tech support. We tried. It is good but you HAVE to have to Mac version to sync 2 iPhones. And you have to click sync devices to make it happen. 2 iPhones will not sync real time data w/o the iBank mac middle point

July 27 2009 at 5:35 PM Report abuse rate up rate down Reply
Apple Nag

A $20 mail-in rebate for Quicken switchers? They've got to be kidding. Rebates are a scam themselves. Bribe people with their own money. Force new purchasers to pay up front (including paying taxes on the full price if purchased at retail), waste time filling out a form and digging up an old receipt and mailing them — yes good ol' postal mail — and hoping that the rebate company doesn't find some typo or other reason to reject the rebate, and then wait 6-8 weeks for processing again hoping that the rebate company doesn't need some gentle reminders. Geez Louise, this is an archaic, consumer-hostile way of doing business. If they want to get switchers, then just offer new purchasers a discount and for those who have already purchased the software online or at retail, then just cut a cheque and send it to the registered address on file (confirm first via email). Don't ask for a receipt for purchasers of Quicken or MS Money. I mean really, don't they want to entice EVERYONE to be customers?

July 27 2009 at 4:40 PM Report abuse rate up rate down Reply
blueMac

MoneyWell is by far the best finance app for Mac. I've tried Money, Budget, iFinance, iBank, MoneyDance, iCash, and Finance 6. MoneyWell does everthing the other apps do but better with the exception of an iPhone apps but the pros of the app make it so where I don't care.

P.S. If you're looking for something to track when your bills are due...check out Chronicle 2(Awesome!).

July 27 2009 at 4:26 PM Report abuse rate up rate down Reply
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