Simplifi / Quicken Business & Personal Help
Simplifi / Quicken Business & Personal Help
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Supported Account Types

Overview

Quicken supports a wide range of account types from financial institutions in the United States and Canada, helping you manage your complete financial picture in one place.

You can connect accounts to automatically download transactions and balances or create manual accounts to track assets and accounts that are not available for online connection.

Understanding account types can help you:

  • Choose the right setup for your finances

  • Organize business and personal accounts separately

  • Improve budgeting and reporting accuracy

  • Track assets, debt, investments, and cash flow more effectively

If a financial institution or account type is not supported for automatic connection, you can still track it manually.

Banking Accounts

Checking

Checking accounts are typically used for everyday spending, bill payments, deposits, and transfers.

Use checking accounts to:

  • Monitor day-to-day cash flow

  • Track debit card purchases

  • Review incoming deposits and payments

  • Manage bill payments and transfers

Connected checking accounts can automatically download transactions and balances.

Savings

Savings accounts help you track emergency funds, savings goals, and reserved cash.

Supported savings accounts include:

  • Traditional savings accounts

  • High-yield savings accounts

  • Money market accounts

Cash

Cash accounts are manual accounts used to track physical cash or offline balances.

Common uses include:

  • Wallet cash

  • Petty cash

  • Emergency cash reserves

Credit Accounts

Credit Cards

Quicken supports most major credit card providers, including:

  • Visa

  • Mastercard

  • American Express

  • Discover

Many store-branded cards are also supported when issued through participating financial institutions.

Connected credit card accounts help you:

  • Track purchases and payments

  • Monitor balances and available credit

  • Review spending trends

Lines of Credit

Lines of credit include:

  • Personal lines of credit

  • Home Equity Lines of Credit (HELOC)

These accounts help track balances, available credit, and borrowing activity.

Investment Accounts

Brokerage Accounts

Brokerage accounts are used for taxable investments such as:

  • Stocks

  • Bonds

  • ETFs

  • Mutual funds

Many robo-advisor accounts are also supported.

IRA Accounts

Quicken supports both:

  • Traditional IRA accounts

  • Roth IRA accounts

These accounts help track retirement savings and investment growth.

401(k) and 403(b) Accounts

Employer-sponsored retirement accounts can include:

  • Current employer plans

  • Retirement accounts from previous employers

Health Savings Accounts (HSA)

Health Savings Accounts combine medical savings with investment opportunities and can be used to track healthcare-related spending and investments.

General Investment Accounts

Use a general investment account for investment accounts that do not fit standard retirement or brokerage categories.

Loan Accounts

Mortgage Loans

Mortgage accounts help track:

  • Home loan balances

  • Payment progress

  • Remaining payoff amounts

This can include:

  • Primary residences

  • Vacation homes

  • Investment properties

Auto Loans

Track financing for:

  • Cars

  • Trucks

  • Motorcycles

  • Recreational vehicles

Personal Loans

Personal loan accounts can include:

  • Bank-issued personal loans

  • Signature loans

  • Peer-to-peer lending loans

Student Loans

Track both:

  • Federal student loans

  • Private student loans

This is useful for monitoring balances and repayment progress across multiple loans.

Property and Asset Accounts

Real Estate

Track properties such as:

  • Homes

  • Condos

  • Land

  • Investment properties

Some property accounts may support automatic valuation updates through third-party services.

Vehicle Assets

Vehicle accounts help track the estimated value of:

  • Cars

  • Boats

  • RVs

  • Other vehicles

Values are typically updated manually.

Other Property and Assets

Use this account type for valuable assets that do not fit standard categories, such as:

  • Collectibles

  • Art

  • Jewelry

  • Business equipment

  • Precious metals

Manual Accounts

Manual accounts are available for nearly all account types and are useful when automatic connections are unavailable or not preferred.

Common examples include:

  • Smaller regional banks or credit unions

  • International accounts

  • Cryptocurrency wallets

  • Cash-value insurance policies

  • Offline business accounts

  • Collectibles or specialty assets

Manual accounts allow you to enter balances and transactions yourself while still including those accounts in your overall financial picture.

Important Account Type Considerations

Investment Account Changes

After setup, investment accounts can typically only be changed to other investment-related account types. Choosing the correct account type during setup helps ensure accurate reporting and tracking.

Credit Card Accounts

Authorized user credit cards may appear under the primary account holder rather than as separate accounts, depending on how the financial institution provides data.

Loan Account Details

Some loan providers may only share balance information rather than full payment breakdowns. In those cases, payments may still appear through your connected checking account transactions.

Choosing Which Accounts to Add First

When getting started, it’s usually best to connect your most active accounts first, such as:

  • Primary checking and savings accounts

  • Credit cards used regularly

  • Main business accounts

  • Frequently used investment accounts

You can always add additional accounts later as your financial needs change.