Is Subscription Necessary - Most Canadian Banks Don't Connect With Quicken

MoMoney99
MoMoney99 Member ✭✭✭
edited November 2022 in All Things Canadian (Mac)
I bank with CIBC, have a credit card with both American Express and Canadian Tire. None of these institutions are supported by Quicken Connect for downloading transactions which begs the question, do I even need Quicken subscription?

Can I continue using the software without a subscription if I'm manually downloading the transactions from my institutions? I don't understand why Quicken Connect supports so few institutions when competitors like [Removed - 3rd-Party Softwares] and so many others support nearly all of them, it's incredibly frustrating.

Comments

  • Hello @MoMoney99,

    Thank you for reaching out to the Community with your question.
    MoMoney99 said:
    Can I continue using the software without a subscription if I'm manually downloading the transactions from my institutions? 
    If you are referring to QFX downloads, please be aware that QFX downloads do still require an active Quicken subscription. Without an active subscription, the ability to import QFX files will also be unavailable.

    I hope this helps!

    -Quicken Anja
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  • MoMoney99
    MoMoney99 Member ✭✭✭
    > @Quicken Anja said:
    > Hello @MoMoney99,
    >
    > Thank you for reaching out to the Community with your question.
    > If you are referring to QFX downloads, please be aware that QFX downloads do still require an active Quicken subscription. Without an active subscription, the ability to import QFX files will also be unavailable.
    >
    > I hope this helps!

    What about having Quicken connect directly with more institutions? So many other 3rd party apps use Yodlee and other aggregators to provide a much more seamless approach. Really wish Quicken would do something about this.
  • MoMoney99 said:
    What about having Quicken connect directly with more institutions? So many other 3rd party apps use Yodlee and other aggregators to provide a much more seamless approach. Really wish Quicken would do something about this.
    If a financial institution is not listed in our financial institution list, the financial institution may not yet support Quicken. If you want Quicken to be supported by a certain financial institution, you will need to contact that financial institution directly and let them know that you'd like to download your accounts into Quicken.

    For a new financial institution to be added to our financial institution list, they would need to contact our service provider to be added to Quicken. 

    Thank you!

    -Quicken Anja
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  • myamigo
    myamigo Member
    I presently have Quicken 7 Canadian 32 bit on my MBP but want to purchase an AIR where I will need a 64 bit program Canadian? What do you suggest I do? How to I migrate my data from one to the other laptop?
  • smayer97
    smayer97 SuperUser ✭✭✭✭✭

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