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Apple Card and Quicken

I didn't see a topic or community set up for Apple Card yet so I'm starting this thread on Apple Pay, somewhat related, just to get the discussion rolling.


I recently accepted the Apple Card invitation and contacted Help/Goldman Sachs to see if they support Direct Connect functionality in Intuit’s Quicken for Mac financial management software (as provided for other "conventional" Goldman Sachs card holders). I was told this Quicken service is not available for Apple Card and, furthermore, there are no provisions for Apple Card customers to login to the Goldman Site and download Apple Card transactions manually, once hard credentials are provided like account number, etc.


Without some kind of financial integration or management functionality, Apple has created yet another "Financial Silo of Excellence” that does not integrate well with existing financial management solutions. 


I realize there are security concerns but believe this is very short-sighted and should not have been overlooked during the development phase of the Apple Card. I'm hoping more information and financial management functionality is forthcoming.

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Posted on Aug 9, 2019 9:04 AM

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427 replies

Aug 28, 2019 4:57 PM in response to jeremynpross

jeremynpross -

I have an Apple Cash card activated in addition to the Apple Card and have another Wells Fargo debit card defined as default in Wallet. I just used Apple Pay this afternoon and all charges worked appropriately - to WFB - no charges went to Apple Card or Cash Card. Make sure you don’t have the Apple Card set to the default card in Wallet.

Aug 29, 2019 3:08 PM in response to MRYFLYGUY

I'm VERY tied to Quicken. I'm NOT tied to my new Apple Card. If Goldman Sachs doesn't add a download feature to this account or I'll probably file this card away for emergency use only.


While privacy is nice, information is important. Quicken keeps up on download security and only access to account info is too common to just write off as unnecessary. No this isn't a floppy drive, Apple. This is information about MY financial account. I'd like to get access to it in a way I can use.


I'm hopeful this will be added in the future, similar to downloadable apps got added to iPhone after a few years.

Aug 29, 2019 4:09 PM in response to MRYFLYGUY

And now that we appear to have Apple's attention... something else occurred to me.


Although Quicken is the topic in this discussion, if anyone has future dialog with Apple or Goldman Sacs, I think it's important to specify - we're looking for the Quicken download format - qfx as well as csv. I have visions of GS coming up with a csv export file (that is absolutely worthless in Quicken) and calling it a day. Best to specify EXACTLY what you want or you may get something else!


Cheers!

Aug 30, 2019 7:58 AM in response to Philly_Phan

Philly_Phan wrote:

QFX is useless to me. I use Banktivity, a Quicken competitor sold by Apple's Mac app store, and the format required is OFX.


I almost jumped ship when Quicken was going through a rough development patch. Almost every QM update used to break something but they seem to have straightened out now since moving to the annual support model. Their updates have been very reliable over the last couple of years (for me).


It this looks like Banklivity is a good alternative but suspect there are far more Quicken users. i browsed the IGG Software site and noticed it is possible to import Quicken data but did not find anything regarding import support for a CSV file. I suspect they don’t, like Quicken. Can you confirm?


If Apple & GS does this right, they should offer support for multiple file format imports to accommodate other financial apps too.


Thanks for the 411.

Aug 30, 2019 1:32 PM in response to MRYFLYGUY

I've had Banktivity so long, I'm unable to confirm that import capabilities are the same now. When I left Quicken, Banktivity imported my Quicken file but didn't do a really good job. I left Quicken way back when they stopped supporting Mac so I really had no choice unless I wanted to keep the existing Mac OS forever.


I almost returned but Quicken wouldn't import Banktivity files and I wasn't about to do everything manually. On top of that, we budget quarterly and Quicken did not support that at the time.


Banktivity has a few annoyances but, for me, is at least as good as Quicken and possibly better.


I had a phone conversation with Megan Horton of Apple. They are "considering" support for OSX downloads but no date and they're not even certain that they will do so. Ditto with a plastic card.

Aug 30, 2019 7:15 PM in response to Michael R. Hughes

I had a phone conversation with Megan Horton of Apple. They are "considering" support for OSX downloads but no date and they're not even certain that they will do so. Ditto with a plastic card.


Stop and think... all of this hassle just to get the Apple Credit Card to do what every other credit card does. When I found a car that I didn't like, I didn't explain my dislike to the manufacturer. I just bought a different car. Hmmm...


Aug 31, 2019 2:43 AM in response to Philly_Phan

Upon reflection after the dissapointment that the Apple Card won't work for me without a Quicken connect, I belive the target market for the Apple Card is not the Quicken user but the younger generations who do everything on their phone. And for that market, the Apple card is a major improvement from every other card in terms of tracking and paying for purchases. If the majority of the apple target market adopts the new apple card, there will be no incentive for Apple to pursue a Quicken connection. I suspect they will wait and see if the adopiton and use of the Apple Card lives up to their expectations before they put any time or resources to connect Quicken. Afterall, we all know Apple likes to be in total control of everything they do.

But for me, I have gone back to my other Quicken friendly cash back cards! I will wait and see if Apple decides if the market demographic I am in is worth keeping.

Apple Card and Quicken

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