Intuit releases Quicken Online Mobile, helps budget-minded iPhone users

Intuit has released Quicken Online Mobile which is an iPhone companion app to the company’s free Quicken Online personal money-management Web service, which went live recently in Apple's online App Store for iPhone and iPod Touch programs.

The iPhone program uses the Internet to sync with a free Quicken Online service that lets one set budget and keeps track of mortgages, credit cards, rent, and other coming expenses along with checking account balances and pay days.

The app also includes an integrated ATM finder that uses the iPhone 3G’s GPS capabilities to automatically locate nearby teller machines of banks where people have accounts to save them from getting charged usage fees. One can also enter a zip code to search for ATMs, which lets users to use the feature as well.

One has to set up a free account with the online Quicken service, and enter the login and password information for various financial account websites. Quicken Online and the Quicken Online Mobile app then lets see and tracks all of those accounts, downloading one’s financial data once a day.

For those worried about security, Intuit doesn’t store any of the financial passwords as the Quicken Online Mobile app uses a four-digit passcode for added protection on one’s iPhone. The iPhone program also does not allow financial transactions, so lost or stolen devices won't allow strangers to access accounts.

Quicken Online Mobile only works with Quicken Online, and requires iPhone OS 2.2 or later running on an iPhone or iPod touch. Intuit has plans to adapt the free program to other mobile devices if feedback indicates that there is demand.

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