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Quicken 2016 and Web Connect

tilltill Member ✭✭
I got an email saying "connection services" will expire in April for Quicken 2016. Does that mean I won't be able to use WebConnect to download bank and brokerage transactions? I currently go to the bank and brokerage website, choose WebConnect and download, I don't do it withing Quicken program.

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Answers

  • FredAMertzFredAMertz Unconfirmed, Member ✭✭
    edited February 2019
    When your connection services expires, that means that Web Connect will no longer work.  So, you will no longer be able to download a file from a website and import it into Quicken. 

    [removed]
  • splashersplasher SuperUser ✭✭✭✭✭
    Correct.  The only import process available to you after expiration is QIF for transactions and CSV for quotes.
    -splasher  using Q since 1996 -  Subscription  -  Win10
    -also older versions as needed for testing
    -Questions? Check out the  Quicken Windows FAQ list

  • tilltill Member ✭✭
    Splasher, what is QIF?
  • splashersplasher SuperUser ✭✭✭✭✭
    It is a file type available from some financial institutions to download transactions.  Unlike the Web Connect QFX files that Quicken fully supports, there is no checking/prevention of duplicated transactions, so you have to be careful when you import the transactions.
    -splasher  using Q since 1996 -  Subscription  -  Win10
    -also older versions as needed for testing
    -Questions? Check out the  Quicken Windows FAQ list

  • wwivhobbitwwivhobbit Member ✭✭
    That's unconscionable to *disable* something you have PAID for, with the express purpose of extorting more money from a customer!  I have refused to let Quicken "update" and so far I'm still able to use all of the features I've paid for.  This is akin to an automobile dealer threatening to steal your oil drainplug, causing your oil to all leak out and ruining your motor, if you refuse to start paying them RENT on the car you've bought and paid for!  Now, if I could just figure out how to disable to automatic "checking for updates" and annoying dialog box that threatens me every time I start up Quicken. After over 30 years, maybe it's time to switch to Microsoft Money, or another finance program!
  • splashersplasher SuperUser ✭✭✭✭✭
    That's unconscionable to *disable* something you have PAID for, with the express purpose of extorting more money from a customer!  I have refused to let Quicken "update" and so far I'm still able to use all of the features I've paid for.  This is akin to an automobile dealer threatening to steal your oil drainplug, causing your oil to all leak out and ruining your motor, if you refuse to start paying them RENT on the car you've bought and paid for!  Now, if I could just figure out how to disable to automatic "checking for updates" and annoying dialog box that threatens me every time I start up Quicken. After over 30 years, maybe it's time to switch to Microsoft Money, or another finance program!
    That is a new one, dealership steals the oil drain plug.  But it is not a very good example.  It is more like you bought a new car and it came with 12 months of satellite radio and at the end of the 12 months you did not renew the subscription.  Now, the car still works, the radio even still works, you just don't get the satellite channels.  Are you being cheated, no you aren't.
    Providing support for downloading costs money, the subscription pays for that and any program updates that are released during your subscription.
    Good luck on using MS Money, it has been discontinued by MS for about 10 years.
    -splasher  using Q since 1996 -  Subscription  -  Win10
    -also older versions as needed for testing
    -Questions? Check out the  Quicken Windows FAQ list

  • cranky_usercranky_user Member ✭✭✭
    It doesn't cost Quicken anything to allow web connect or direct connect to continue.  The only reason Quicken gets involved in the transaction is to make sure your subscription isn't expired.

    Why is it other personal finance packages allow direct connect and web connect without a subscription or recurring charges?
    Quicken Windows 2017 R19.7.  Quicken user since 1999
  • splashersplasher SuperUser ✭✭✭✭✭
    It doesn't cost Quicken anything to allow web connect or direct connect to continue.  The only reason Quicken gets involved in the transaction is to make sure your subscription isn't expired.

    Why is it other personal finance packages allow direct connect and web connect without a subscription or recurring charges?
    Quicken's service provider (Intuit) supplies technical support to the financial institutions to keep their software doing the exports up-to-date and Quicken has to pay them.

    Why don't the others charge a fee, because they are riding on the coattails of Quicken/Intuit.  If Quicken/Intuit stopped, everybody else would have to fold because the FIs would stop supporting the exports that are specific to Quicken/Intuit.
    -splasher  using Q since 1996 -  Subscription  -  Win10
    -also older versions as needed for testing
    -Questions? Check out the  Quicken Windows FAQ list

  • tilltill Member ✭✭
    Although I am not happy with having to do this, I will purchase the subscription to Q2019. Will it transfer all my old data file from Q2016 Premier to the new version if I choose the Q2019 Deluxe? I am on Windows. Is it best to just buy it from say, Amazon and install, or can you "upgrade" from with Q2016?
  • DazzaDazza Member ✭✭
    The support for Q2016 will end in April 2019.  I forgot the exact date.  
  • NotACPANotACPA SuperUser ✭✭✭✭✭
    That date if 4/30/19, approximately 3.5 years after Q2016 was released in the Fall of 2015.
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • smayer97smayer97 SuperUser ✭✭✭✭✭
    Have Questions? Check out these FAQs:COMPLETE list of Product Ideas - Quicken for Mac to VOTE on

    Object to Quicken's business model, using up 25% of your screen
    ? Add your vote here:
    Quicken should eliminate the LARGE Ad space when a subscription expires


    (
    Canadian Q user since '92, STILL using QM2007)

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