On March 23, 2024, Intuit shut down Mint — the app millions of Canadians used to track their spending for nearly two decades. Their "replacement"? Credit Karma. Which, to be clear, does not do budgeting. It tracks your credit score and recommends financial products.
If you're still without a proper replacement, you're not alone. Most recommendation lists point to US-only apps or tools that quietly charge you in USD. This guide covers only apps that actually work in Canada.
Mint shut down — March 23, 2024
After 17 years, Intuit ended Mint because the ad-referral model stopped being profitable. They redirected users to Credit Karma, which has no real budgeting features. Millions of Canadians were left without a replacement.
Why this matters for how you choose a replacement
Mint was free because it made money selling you financial products — credit cards, loans, insurance — based on your spending data. That business model is what killed it when it stopped being profitable enough.
The lesson: pick an app that charges you directly. Every app on this list is subscription-based, meaning their business model is keeping you as a customer — not monetizing your data.
What a real Mint replacement needs
The best Mint alternatives for Canadians
Recommended
Saveo
$12.99 CAD/mo · $12.99 USD/mo · Free trial
Monarch Money
$14.99 USD/mo (~$21 CAD) · 7-day trial
YNAB
$14.99 USD/mo (~$21 CAD) · 34-day trial
Apps that don't work in Canada (skip these)
Copilot Money
Not available in Canada — you'll be blocked at signup.
Credit Karma
Intuit's suggested replacement. Not a budgeting app — just credit score tracking and product recommendations.
Personal Capital / Empower
US-only. No Canadian bank support.
Simplifi by Quicken
US-only. Doesn't connect to Canadian banks.
A closer look at Saveo
I'll be direct — I built Saveo specifically because I felt the gap Mint left was being underserved for Canadians. Monarch is a great product but it's US-first and bills in USD. YNAB is excellent but it's expensive and not built with Canada in mind.
Budget tracking with live progress
Spending by category
Subscription tracker
AI financial buddy
Saveo connects to every major Canadian bank through Plaid — RBC, TD, Scotiabank, BMO, CIBC, and thousands more. It automatically categorizes transactions, lets you set budgets with live progress, and has an AI buddy that actually explains your spending in plain language instead of just showing you a chart.
Pricing is $12.99 CAD/month or $12.99 USD/month — whichever currency you're paying in. There's a free trial to start with no credit card required.
Bottom line
For most Canadians coming off Mint, the right answer is Saveo or Monarch Money. Both have real budgeting features, support Canadian banks, and are actually maintained. Saveo charges in CAD and was built with Canadian users as the primary audience. Monarch is a US product that expanded to Canada and is genuinely good but costs more in CAD.
If you want to get serious about your finances with a proven methodology, YNAB is worth the price even at ~$21 CAD/month — but it has a learning curve.
All three have free trials. Try before you commit.