Mint.com Launches in Canada

Provides a Fresh, Easy and Free Way to Manage Money

MISSISSAUGA, ON, Dec. 1 /CNW/ - Mint.com, a leading online personal finance service from Intuit Inc. (Nasdaq: INTU), is now available to Canadians at mint.com/Canada. Mint helps people see where their money goes, keep their spending on track by creating budgets they'll stick with, and uncovers opportunities to save them money. And it's free.

Canada is the first country outside of the United States to have a unique version of Mint.

"Canadians are global leaders when it comes to the use of online banking, social media and other online activities, so bringing Mint.com to Canada was a natural next step," said Aaron Patzer, general manager and vice president of Intuit Personal Finance and founder of Mint.com. "A uniquely Canadian version of Mint will help Canadians make informed decisions as they plan their financial lives."

How Mint Works

Setting up a Mint account takes about five minutes.

Users register anonymously using a valid e-mail address, and then add login information for the online banking, credit card and other financial accounts they want to consolidate. Mint connects securely to more than 40 Canadian banking financial institutions, and is adding more. Users can ask Mint to add support for their favourite bank from within their account.

After users register, Mint automatically aggregates their accounts and transaction information, and provides up-to-date and accurate views of their financial life. Mint offers many ways to view and graph information, and the flexibility to scan the big picture or focus on specific details.

• Analyzes spending - Mint reveals spending patterns by automatically categorizing expenses, showing how much a user pays for gas, groceries, parking, rent, restaurants, entertainment and more.
• Makes recommendations - Mint also saves users money by providing unique, money-saving and money-making suggestions based on users' individual spending patterns. Slowly paying down a high-interest credit card? Mint will recommend a lower-interest card. Paying more for life insurance than others of a similar age in your region? Mint can often find a better deal. Offer data for the recommendations is provided by RateSupermarket.ca, Canada's largest independent and impartial rate comparison service for personal finance products.

In addition, Mint is available for those on the go. Users can view their Mint account from a password-protected website or check in on the go with the free Mint.com mobile applications for iPhone and Android mobile phones, available on the iTunes Canada app store and Android Market.

Timely Alerts Flag Potential Problems

Users can set Mint to alert them of any large or out-of-the-ordinary transactions in any of their accounts by sending a message to their web account, or email to their iPhone or Android-powered phone.

"People are often surprised when we alert them to a fee they've unknowingly paid," said Patzer. "Mint's system sends users an alert message for any unusual activity, such as low balances, fees and upcoming bills. There's no more waiting for month-old paper statements to find out if the pizza guy accidentally double-charged your credit card."

Security: We Stand on Guard for Thee

Mint delivers safe and secure online money management to Canadians by providing:

• User anonymity - Mint does not ask for a name or other personally identifiable information.
• Read-only access - Users can't move money in or out of their banks with Mint.
• Encrypted data - Mint uses the same level of data encryption as the major online banking sites and government organizations, such as the Canada Revenue Agency.
• Secure storage - Transaction information is stored in a secure facility
• Daily security checks - Third-party security organizations certify and test Mint daily.
• Early warnings - Mint provides 24/7 protection through proactive e-mail alerts to notify users of any large purchases or unusual charges in your accounts.

Intuit, the market-leading personal tax and personal finance software vendor in Canada, has more than 15 years of experience managing Canadian consumer data safely and securely. Further information on how Mint protects users' data is available at mint.com/privacy/

About Mint.com

Mint.com is a leading online personal finance software service from Intuit Inc. (Nasdaq: INTU), providing over 3 million users a fresh, easy and intelligent way to manage their money. And it's free. Launched in September 2007, Mint.com has quickly grown to track nearly $200 billion in transactions and $50 billion in assets and has identified more than $300 million in potential savings for its users. Mint.com's innovation is in applying advanced technology to deliver breakthrough ease-of-use. Using patent-pending technology and proprietary algorithms, Mint.com allows users to see all their financial accounts in one place, makes it easy to set and keep to budgets, and helps identify money saving ideas. Mint.com is so effective that more than 90 percent of users say they have changed their financial habits as a result of using the service. For more information on Mint.com's free online personal finance service, please visit http://www.mint.com and follow Mint.com on Twitter: www.twitter.com/mint.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.5 billion in its fiscal year 2010. The company has approximately 7,700 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

For further information:

Matthew Kanas
Edelman
[email protected]
[phone] x 5235