For years, Mint was the go-to free budgeting app across North America. Canadian users relied on it to track spending, set budgets, and monitor bills. When Intuit killed the product in early 2024, millions of Canadians were left scrambling for an alternative.
This guide covers every credible Mint replacement available in Canada in 2025 — what each one costs, how well it connects to Canadian banks, and who each app is best for.
KOHO combines a no-fee bank account with built-in spending tracking and budgeting. It's the easiest way to stick to your budget without a separate app. Use code 45ET55JSYA for a sign-up bonus.
Get KOHO Free — Use Code 45ET55JSYAIntuit acquired Mint back in 2009 and never found a way to monetize it beyond credit card referrals. After years of declining investment, Intuit pushed Mint users toward Credit Karma (which it also owns) and officially closed Mint on January 1, 2024. Canadian users were hit especially hard because Credit Karma's Canadian features are limited compared to the US version.
| App | Cost | Canadian Banks | Best For |
|---|---|---|---|
| KOHO | Free / $9/mo | Built-in (it IS the bank) | All-in-one solution |
| YNAB | $14.99 USD/mo | Manual + limited sync | Debt payoff |
| Monarch Money | $14.99 USD/mo | Good | Couples |
| Copilot | $13 USD/mo | Partial | iPhone users |
| Budgetbakers (Wallet) | Free / Premium | Manual + CSV import | Manual trackers |
| Google Sheets | Free | Manual | Control freaks |
KOHO is not a budgeting app layered on top of your bank — it IS the bank. You open a KOHO Visa prepaid account (free, no credit check required) and use it for spending. Every purchase is automatically categorized. You see exactly where your money goes without connecting any third-party app to your existing accounts.
The free plan includes spending insights and budget categories. The Premium plan adds higher cash back rates, credit building, and financial coaching for $9/month. KOHO also pays interest on your balance, which regular chequing accounts do not.
For former Mint users who just want automatic spending tracking without paying a monthly fee, KOHO is the closest free replacement — arguably better because you earn cash back and interest.
YNAB is the most recommended budgeting app among Canadian personal finance communities. It uses zero-based budgeting (every dollar gets assigned a job) which is more structured than Mint's passive tracking approach. The downside: it costs $14.99 USD/month and does not connect natively to most Canadian banks. You either import transaction files manually or use a workaround.
Worth it if you want to change your spending habits, not just observe them.
Monarch Money launched as a direct Mint competitor and has grown rapidly since Mint's closure. It connects to many Canadian financial institutions and offers a clean dashboard showing income, spending, net worth, and financial goals. Couples love it because two people can share a single subscription and see one combined view. Cost: $14.99 USD/month.
Copilot is an iOS-only app built with a focus on design and AI-powered insights. It connects to many Canadian banks and automatically categorizes transactions. At $13 USD/month, it's comparable to alternatives, but the iOS-only limitation rules it out for Android users.
If you want zero cost, two options work:
Mint's killer feature was automatic transaction sync from Canadian banks. In 2025, KOHO replaces this by being the account itself. Monarch Money and Copilot replace it with third-party sync. YNAB takes a different philosophy entirely — manual intent over passive tracking.
For most former Mint users in Canada: open a KOHO account as your day-to-day spending account. You get automatic categorization, cash back, and savings goals — everything Mint offered, plus interest on your balance. If you want deeper debt payoff tools, pair KOHO with a YNAB trial (they offer 34 days free).