Switch from Quicken because of subscription fee --- do you have a subscription fee

John's Avatar


17 May, 2018 07:34 PM

From the days of DOS I have used Quicken to manage my checkbook. Then I started to D/L QIF files from my credit cards and imported into Quicken. Then Quicken automated the process. Then Quicken wrote code that ever so many years the automation stopped and you had to upgrade. The upgrade was palatable for new software. I just received notice that my version of Quicken will stop automated d/l from my credit cards. I went to Quicken to update and see that they now have an annual subscription fee that is equivalent to a 300% increase from the days of buying a new version. I will not pay them their fee; I will never again pay for a Quicken version upgrade and plan to migrate from Quicken.

Do you have a subscription fee or do I just buy the software?

  1. 1 Posted by Mike Bray on 17 May, 2018 08:05 PM

    Mike Bray 's Avatar


    The cost of MD is a one off fee for the current major release. I believe you will get the next upgrade
    for free (see http://help.infinitekind.com/kb/purchasing-and-upgrading/upgrading).

    Sent from my iPad

  2. 2 Posted by Thomas Miller on 17 May, 2018 08:18 PM

    Thomas Miller's Avatar


  3. 3 Posted by derekkent23 on 18 May, 2018 07:58 AM

    derekkent23's Avatar

    I am not support staff, just a user.

    Many people have successfully transferred from Quicken.

    Try thing out for yourself.

    Download from https://infinitekind.com/download-moneydance-personal-finance-software
    Downloaded version of Moneydance is a full working version with the only limit being a maximum of 100 manually entered transactions, with no time limit. Imported files from other financial programs and your bank have no limit on imports. If you decided to purchase you are sent a key by email that unlocks the 100-manual transaction limit. If after testing with this free trial version you purchase and change your mind see the 90 day money back guaranty at https://infinitekind.com/refunds
    For the future Moneydance never sunsets the version it releases. So, you don’t have to upgrade. If you won’t to upgrade the next version is free (say 2015 to 2017) and from then on you get a 50% discount. All upgrades within a version are free.

    To transfer data from Quicken you need to export a QIF file, you can't import Quicken files directly. See the set of articles relating to this topic at http://help.infinitekind.com/kb/importing-data-from-other-programs If your version of Quicken does not allow you to export in the QIF format but only in the QMTF format see http://help.infinitekind.com/kb/importing-data-from-other-programs/...
    When you follow the steps in the article above make sure you follow the steps accurately, in particular, make sure you specify to Import into a new account rather than an existing account. Also make sure you set the source to "From another program".
    It is highly recommended to export all data into a single QIF file, as doing so makes the import process much smoother. Please use the option in Quicken to export "all accounts" if available.
    Quicken does not always export the initial balance for each account. After importing into Moneydance, highlight an account, click on ACCOUNT – EDIT ACCOUNT and set an “Initial Balance”. Do this for each account.

    For general information see http://help.infinitekind.com/kb

    If you have specific issues give as much detail as you can and support or others will answer your questions.

    Hope this helps.

  4. System closed this discussion on 17 Aug, 2018 08:00 AM.

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