The big change for Quicken 2018 is that it’s now based on a subscription service. With the old version, you had up to three years to use the software.
But now, after your subscription period ends, the online services will no longer work.
Also keep in mind that if you used Quicken Bill Pay, it is now included (up to 15 months) in the price.
This effectively further reduces your cost of using the latest version of Quicken.
However, when compared to a free service that can do most of what Quicken can do (e.g., Personal Capital), it becomes a much harder sell.
In addition, many banks now offer features that were once exclusive to Quicken (such as bill pay), further reducing the need to pay for this software. But for individuals with complex financial lives, Quicken can greatly help them better organize and save time.
So with Quicken 2018, I imported what I could from the old version but also set up new accounts missing from previous testing.
But none of these applications come close to Quicken in terms of market share or the comprehensive personal finance features that still make Quicken for Windows the industry leader.
In case you missed it, Quicken is no longer owned by Inuit, which sold it to a private equity firm.
Long term, I’m not sure what to make of this news or what it means for the future of Quicken.
So that brings us to reviewing the latest version of Quicken.
For this review, Quicken supplied a copy of Quicken Home, Business & Rental Property 2018 for Windows, and I converted from my previous test installation of Quicken 2017.
To be fair, most banks offer online bill pay via their websites or mobile apps, so the need for online bill pay with your personal finance software has waned.