April 8, 2021

Is Quicken Going To Be Discontinued

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When Quicken was sold in 2016, some thought that spelled the end of the software. Find out if Quicken will really stick around in 2021 and beyond.

Will Quicken be discontinued?

A lot has changed with Quicken—for better or for worse—but there's no current plan to permanently close its services. While some versions and functionalities have been discontinued, Quicken is still releasing new features and tools.

Once a product expires, it's discontinued and no longer receives support. You have to renew your subscription each time to get full access to and support for their services.

Check out which products have been discontinued, and how you can continue getting support down below.

Discontinued Quicken Products

A Quicken subscription membership lasts for 1 to 2 years. Once it expires, the product is discontinued for good.

Quicken has a Data Access Guarantee which means you can view, edit, and manually add data even after your subscription ends. But you won't be able to use any online services.

The only way to keep getting full services and support is to renew your subscription every time it expires.

How to Find Your Subscription Expiration Date
Every Quicken product has an expiration date. You can find yours by navigating to Help > About Quicken on Windows, or Quicken > About Quicken on Mac.

Here are some past Quicken products that have been discontinued:

ProductDiscontinuation Date
Quicken for Mac 2007 and 2007 for LionOctober 13, 2016
Quicken 2015 CanadaMay 31, 2018
Quicken 2016 CanadaMay 30, 2019
Quicken 2015 Windows and MacApril 30, 2018
Quicken 2016 Windows and MacApril 30, 2019
Quicken 2017 US Windows and MacApril 30, 2020
Quicken Bill PayAugust 31, 2020
Quicken Subscription ProductsBased on subscription length purchased
Quicken Premium Support1 year from purchase date or upon subscription expiration

So, it's pretty much inevitable. Your current Quicken program will be discontinued eventually. It's part of their pricing plan.

But there are a few other reasons why some people think Quicken is on its way out. Find out more below.

A brief history of Quicken

When Quicken came out in the 1980s, it made a big splash. It quickly became the king of personal finance software. The program did everything, from tracking investments to balancing a checkbook.

But other alternatives emerged, and Quicken wasn't able to innovate fast enough to keep up with the times. As Quicken revenue declined, Intuit sold the company in 2016 to H.I.G. Capital.

Some people thought the acquisition spelled the end of the software. But fast forward 5 years and Quicken is still kicking.

How has Quicken changed?

Quicken has been in the business for nearly 40 years. Naturally, it's been through a few transformations. But some users feel these could be signs of Quicken going downhill.

Pricing Structure

In its early days, one Quicken purchase would give you access to the program forever. Just pop in the floppy disk (remember those?) or CD and download the software to your computer.

This eventually changed as Quicken started to discontinue their products after three years. If you had a copy of Quicken 2015, for example, you would no longer get updates or support after 2018.

Since 2018, Quicken has switched to a yearly subscription model. Instead of upgrading once every 3 years, users now have to renew every year to use the program.

Compatibility

Quicken has Mac and Windows versions, but they aren't compatible with each other. There's no easy way to transfer your data from one version to the other.

The two versions are also quite different. Quicken for Windows looks more outdated but has more functionality. Quicken for Mac looks modern, but lacks robust planning and reporting tools.

Discontinued Services

Quicken has discontinued several versions of its software. With their subscription product, this won't be an issue—as long as you're willing to pay. You'll get the latest features and tools each time you renew your subscription.

The company also abruptly discontinued their Quicken Bill Pay feature in 2020. Although they provided a new tool to replace it, some users feel it's an inferior product.

Bottom line

Quicken has been in business for a long time compared to other personal finance software companies. And they're still pushing out new features and updates.

There are many tools available for tracking investments and managing expenses. If you're unhappy with your current software, it may be time to check out other options.

But if your Quicken subscription has be working well for you, don't worry. The company shows no signs of getting rid of the product any time soon.

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Donna Tang is the head of purpose and audience at CreditDonkey, a personal finance comparison and reviews website. Write to Donna Tang at donna.tang@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

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