Bank Of America Quicken Download
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Last week MacCentral brought readers news about Bank of America's decision to stop supporting Macintosh users of Intuit's personal finance software, Quicken. Seeking further details on why Quicken Mac support would be discontinued next month, MacCentral spoke with Bank of America. Intuit's corporate communications manager for Quicken has also responded.
Learn more about Online Financial Management with Bank of America FAQs. There is no more searching for downloads and importing Quicken Interchange Format (QIF. I'm sorry for the trouble you are having when trying to download from your Bank of America account(s). To help us provide the most appropriate response, please let us know what Quicken 2016 product (QWin or QMac) and what release (i.e., R7, R8, for QWin products or 3.5.1, 3.5.2, for QMac products) you are using. Jan 23, 2019 - Several issues could be causing your Quicken finance software to fail at downloading and updating transactions, from issues with account. I'm sorry for the trouble you are having when trying to download from your Bank of America account(s). To help us provide the most appropriate response, please let us know what Quicken 2016 product (QWin or QMac) and what release (i.e., R7, R8, for QWin products. I logged into Bank of America website, downloaded my transactions from activity, current, using Quicken for latest versions choice. The transactions downloaded, I had to find them in my download directory, double click to open in Quicken. I have Quicken 2017 for Mac v 4.6.7. 1) Since October I have been unable to connect and download from my Bank of America checking account. It suddenly stopped trying to access my account and only gives me the option to set up automated downloading.
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Why does Bank of America only provide 12 months worth of transaction history online? But click over to the Statements and Documents tab and you can download PDFs of detailed monthly statements (including check images) going back four years or so (I say 'four years or so' because my account as I write this gives me the option to go back to.
Bank of America said that its decision to discontinue support of direct connect functionality for Mac Quicken users was made because of 'the lack of a key feature:' support for recurring payments. Recurring payments are transactions like mortgage or car payments, for example, that happen on the same day each month.
Download game dragon ball z pc 2013 free. 'Additionally, the lack of the recurring payment function in the software required our Mac customers to reconcile recurring payments set up through online banking with their Quicken account, adding unnecessary work and making the use of the direct connect less convenient and counterproductive for our customers,' a Bank of America spokesperson told MacCentral.
Intuit's corporate communications manager for Quicken, Chris Repetto, does not dispute that a recurring payment feature doesn't exist in Mac Quicken at this point. Similar functionality is available, however -- payment scheduling.
'In Quicken '98, (released in September 1997), we added the ability to schedule payments. Through this functionality, Quicken customers are able to schedule payments -- including recurring bills like mortgage and car payments -- to be made on specified future dates,' said Repetto.
Repetto also intimated that this is the first that Intuit has heard from Bank of America that the lack of recurring payment functionality is a problem.
'Bank of America has supported payments through direct connect in Quicken since Quicken '98,' said Repetto. 'From September 1997 through the recent beta testing process for the implementation of Bank of America's new payment method, the lack of recurring payment feature was never mentioned by BofA as a reason for incompatibility.'
Repetto said that Quicken's payment scheduling feature has 'received high approval marks' from customers. Intuit's Mac Quicken customers haven't requested a recurring payment feature, according to Repetto, but he added that if they did, Intuit would 'do what [it] could to implement it.'
Repetto added that Intuit offers the 'Quicken Bill Pay' service. The service enables Quicken users to pay their bills from any financial institution in the United States, through up to ten different accounts.
'We believe that the additional features our Mac customers can get by using Online Banking for their bill payment services, such as recurring payments, e-Bills, and lead-time indicators, along with the ability to transfer funds to pay their Bank of America credit card, mortgage, loans, and lines of credit immediately remain attractive features that are still available to them,' said Bank of America.
'We regret the inconvenience this may cause our Mac customers who accessed their information through Quicken,' Bank of America continued, 'however, those users can easily download their banking activity from online banking and continue to use the other features of the Quicken software as they had before.'
This story, 'Intuit responds to Bank of America Quicken claims' was originally published by PCWorld.
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Depending on the nature of your financial situation, you may be in a position where you have accounts with a number of banks. This can be difficult to manage, which is why the Quicken software can be a welcome addition to your computer. You can download account information from your bank, such as Bank of America, directly to the Quicken software. The data is automatically formatted for Quicken, allowing you to transition easily into managing your account from that software.
1.Open a Web browser window and navigate to BankofAmerica.com.
2.Type your online user ID into the field at the top left corner of the window, and then click 'Sign In.'
3.Type your password into the Password field, and then click 'Continue.'
4.Click the account at the center of the window for which you wish to download your information.
5.Click the blue 'Download' link at the top of the Account Activity section at the center of the window.
6.Click the 'WEB Connect for Quicken 2009 And Above' option, and then click 'Download Transactions.'
7.Double-click the downloaded file to import the information into Quicken.
Tip
- You can also download your Bank of America account information in several other file formats, including Microsoft Excel and printable text format.
About the Author
Matthew Burley has been a writer of online content since 2005. You can view many of his articles on associatedcontent.com. Burley holds a Bachelor of Science in political science from Arizona State and a Master of Science in computer information systems from the University of Phoenix.
Photo Credits
- Hemera Technologies/AbleStock.com/Getty Images