Peter Manis wrote:
Mint also looks at who you are paying and suggests other companies.
Like if you are at 15% on a capital one card they will offer you a amex
at 5% or if you are paying 90/mo for comcast they will offer a deal with
charter cable. I sure that plays a part in the money making
It only takes the bottom line into consideration, for better or worse.
For example, I use American Express. I pay my bill within a few days
after each purchase, so I never have to pay fees, but when Mint.com
calculates the thousands of dollars that I can "save", it does so by
assuming that I'm paying crazy interest on my card and not paying it off.
With Amex, you get all sorts of money back on things, and for some
(particularly with large work purchases), that's a huge plus. Mint.com
does not take any of this into consideration.
