FAQ: About Passwords in Quicken

Quicken Sarah
Quicken Sarah Administrator, Moderator mod

There are many different types of passwords in Quicken and it can be easy to become confused about which password the program is asking for.

Quicken ID


The Quicken ID is the ID that is connected to your subscription status and that you'll use to access all Quicken applications, including Quicken for Windows, Quicken for Mac, Quicken Mobile & Web, and Quicken.com.

Data File Password


To protect your financial information in a Quicken data file from unauthorized changes, you can set up a data file password in Quicken:

You will be prompted to enter this password every time the data file is opened.

Transaction Password


Transaction passwords protect all transactions before a certain date. After you set up a transaction password, Quicken will prompt you for the password before you can record changes to any of the transactions dated on or before the date you specified. (You might use a transaction password when you close an accounting period so that no one accidentally changes transactions within that period.

Financial Institution Account Passwords & the Password Vault


If you have Direct Connect accounts with multiple banks, this can mean you're managing a lot of bank passwords. Quicken's Password Vault is a secure and convenient way to store multiple bank passwords that you can then access with a single password (the Vault password).

When setting up Express Web Connect accounts, you entered your username and password for your bank. Quicken then passed these credentials to our aggregation provider, who encrypted and stored your credentials on their servers in order to enable you to quickly download your banking transactions. 

For more information on how Express Web Connect works, please see the section Express Web Connect / Quicken Connect – Details in this FAQ.

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