Yodlee Review

 For the past 6 months or so I have been using Yodlee.com and I thought I would do a short review.

Yodlee is an account aggregator which lets you see all your account balances and transactions in one place. So I can see my Mortgage, Credit Cards, Bank Accounts, Retirement Accounts, utility bills, etc all on one screen. This makes checking balances very easy as I can see everything at once without having to log into various accounts. Even better is the fact that it is free! There is an “update accounts” button that lets you update all your account balances all at the same time. You also have access to an “auto login” button which can take you right into that account if you need more detail.

Yodlee will list the most recent transactions for each account, so you can keep an eye on the current happenings of each account you have setup. One thing I use this for is that I have a lot of credit card accounts that are open but I don’t use. Yodlee lets me see their balances at a glance to make sure there is no unauthorized charges going on.

Yodlee allows you to set up alerts on threshold balances so you can track when there is activity on a certain account via email. This is great when account balances are getting low, or you are close to a credit card limit.

They also offer a Bill Pay Feature which essentially lets you pay your bills for any accounts you have set up on Yodlee. So, for example, if you have 2 credit card accounts set up on Yodlee and you want to pay your electric bill, Yodlee’s bill pay interface will let you choose which account you want to use to pay the bill. No more retyping your card number since everything is already stored here. The best feature is that there is a little section on your dashboard that lists all your upcoming bills with the bill amount , minimum amount due (for credit cards) and date due. This is a great way to keep from paying things late since you have a quick snapshot of everything.

Yodlee sells this under other names such as Fidelity Full View, HSBC Easy View, etc. So it is a well established product with some big name customers. If you have an account at HSBC or Fidelity you should have access to it. I prefer to use Yodlee.com since they tend to get the updates before they are rolled out to other sites. I guess you could call it a “Beta” site. I have been with them for over 6 months and have not had any issues. They also have a support forum where you can request anything from help to the addition of new accounts. They also roll out new features and new accounts all the time.

Yodlee.com has been an invaluable tool for me since I have so many accounts. I can easily see what is going on on a daily basis as well as get a picture of my networth easily. I also use it to track what bills are due when since my desk at home is an absolute mess! I check my Yodlee account once a day and don’t know what I would do without it!

---

NOTE: For posts that contain bonuses, be sure to read the post for bonus expiration dates. Links may work but the bonus may have expired.

---

Other Posts You May Be Interested In:

$50 Bonus from HSBC Online Payment AccountHSBC is giving away $50 when you open the HSBC Online Payment Account if you currently have an Online Savings...