Version: 2008
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Quicken Premier 2008 (discontinued)

Quicken Premier 2008

Entered CNET Catalog: 08/26/2007

SKU: 403615

Manufacturer: Intuit Inc.

Manufacturer description

Get the tools you need for smarter, simpler investment planning and portfolio management. By bringing all of your important financial information together in one place, Quicken Premier helps you more efficiently optimize your investment portfolio, simplify taxes and grow your net worth.

User opinions

Select a User Opinion to view: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

User Rating: 4/10

A once great program, thrown to the scrap heap by Inuit

Pros: Has features for budgeting and reporting, if you are the type to actually use those features.

Cons: Too many bloated, buggy features. It's obsolete to use a client software to pay bills and record transactions which already exist online at your banks website.

Review: After 17 years using Quicken and BillPay, I am now done with this software forever. I am switching to my bank's online bill payment system instead. Since I don't use most of Quicken's features, there is no reason to keep using it, wasting my time typing in transactions that already exist online and wasting $10 a month for the service (BillPay).

I just finished setting up my Wells Fargo payees and it was a snap. My next bill payments will now go through their online payment system instead of Quicken. Hopefully I will never have to use Quicken again.

Part of what pushed me towards this (for which I'm gratefull) is that Quicken is full of aggravating bugs which can make bill payments a real pain, and in some cases scary when payments do not get processed. I receive strange error messages from time to time after sending out payments which cannot be resolved without calling their BillPay tech support. And the people there usually have no idea as to what is wrong 9 times out 10. Sometimes the problems go away, sometimes they don't. You can't delete your online payees without corrupting something in the system, and will have to call and go through HELL to get the situation resolved. I have told Quicken about this problem for years and they have never fixed this. It causes a mess of payees in the system, and if you select a corrupted payee and make a payment by accident, you are screwed. You will have to call to get the situation fixed by talking to someone for 1/2 an hour.

I've heard that the software development team for Quicken is 2 or 3 Chinese offshore programmers so I think that has something to do with its decline. Inuit doesn't care about Quicken (I've heard this from employees of Intuit) so that why it's a piece of garbage. They are not putting dev resources into Quicken, and instead focusing on QuickBooks and TurboTax instead.

My advice: If you have online banking and bill payment, absolutely use that instead of Quicken. You will save yourself and huge about pain and aggravation. It's very easy to use.

-Chris W.

User Rating: 8/10

Honest Review of Quicken 07, 08 and now 09

Pros: Runs Stable, Connects to my bank perfectly for instant Online banking. Keeps good records, installs cleanly (on XP pro SP2 anyway.. I won't have Vista so I couldn't tell you). Good security.

Cons: Seems to be useless for taxes if you us direct deposit. Nagging popup to register online with quicken (but there is a disable for this but it's not easy to find, had to call Tech support.. see below).

Review: 1. Is it perfect, of course not but I've used all the Quickens since 2007 and have had a positive experience with them all. If you want to do online banking you must call your bank first and let them know you intend to do this with software and then what program you use.

2. Security. Many are leery of online money transactions esp. banking. I personally have NEVER had any problems. Quicken IS secure software but it's also a function of your computer's overall security. Mine is air tight. However if you use Norton or McAfee I suggest you dump it and go with NOD32, AVG, Avast.

3. If you want to bank online there is an annoying Nag for registering with quicken to halt this do the following (note you must have already set up a some account in quicken. Open Quicken. Hold down the SHIFT + CONTL keys simultaneously. Then with those keys held, go to the tool bar at the top and click on ONLINE then click ONE STEP UPDATE. A message should get a appear saying that you will never be asked to update again.

Taxes. This is useless as I have direct deposit and only my NET income is entered, not my taxable gross or any of my tax info. So I do my taxes other ways.

All in all it's a decent, secure way to run your personal finances. I'll stick with it.

User Rating: 1/10

Believe the longtime users. Don't buy this.

Pros: When first installed with a few simple accounts, it works fine.

Cons: Becomes unstable with use. Crippling bugs render the program useless. Horrid support from Intuit, with no fixes and no responses to many of the serious problems reported. Forced upgrade every 3 years (or loss of update functionality).

Review: I'm a 15 year user of Quicken and echo the observations of innumerable other longtime users. Once a useful, reliable product with good support from a respected company, Quicken has become almost universally despised by its veteran users. It is badly bloated software, a huge resource hog, and highly unstable and unreliable for many of its users. My version no longer functions, freezing Quicken as well as Vista when I try to download new transactions and requiring a hard reboot.

Each new version brings more bloat, more bugs, more marketing crap and fewer actual features. Highly used features (QIF import) are removed. Chronic customer requests and complaints go unanswered. Way to go Intuit.

Don't take my word for it. Read all the Quicken reviews you can find. I've read hundreds of reviews over the years, and almost none written by longtime users have anything positive to say about Quicken or Intuit.

User Rating: 1/10

Win a trip to the Federal Penitentiary

Pros: Does a good job of keeping track of my finances

Cons: Does not reflect back when the bank doesn't follow through on an online payment
Major problem with the "automatic renaming" feature could get you in serious trouble.

Review: Quicken tries to give you simplified names for transactions downloaded from your bank. Unlike the spell checker in your word processor, Quicken gets it wrong over 80% of the time. If your financial transactions include a lot of tax-deductible as well as non-deductable items, this feature could get you in trouble with the IRS.

User Rating: 4/10

CNET Review Staff has gone down hill.

Pros: Investment center and portfolio are nice to track.

Cons: Inaccuracy to update accounts - the most important reason for the program.

Review: I have been using Quicken 2008 and one thing is consistent with the program, it inability to accurately download statements and update the accounts. Once everything is downloaded and quicken gives me the green check mark (stating everything's updated), my bank accounts and stock accounts rarely match up with the actual numbers. Bottom line is this program doesn't do the job of updating account balances. Moreover, I don't know if CNET is trying to save cost by one young idiot to do each product review, but I've seen a HUGE difference between CNET's reviews and customers - from software, to laptops, to printers. Bottom line - CNET 2008 sucks.

User Rating: 2/10

Horrible customer service - don't waste your money

Pros: none that I can think of.

Cons: Horrible customer service. Definitely check out the alternatives given the fact they charge for support despite the high price tag.

Crappy UI that seems to need to redraw itself too often.

Review:

User Rating: 1/10

DON'T WALK, RUN FROM THIS PRODUCT!!!!

Pros: Couldn't get that far.

Cons: Didn't record input from Express Set-up, Duplicated reminders 6 times each for several entries. No back button in key areas.

Review: I have just waisted and hour setting up the basics to have nothing to show for it but junk!
1) Missed the spouse button in Express Set-up, can't go back to change that.
2) Entered paycheck, disappeared!
3) Hit Add Row one to many times. Can't delete in the wizard. Oh, but you have to enter data to get to the next step in the wizard for accounts that you don't want.
4) Added catagories during set-up. Not there when I look at the catagory list later.
5) Entered reoccuring bills & expenses per the wizard. Many of them were duplicated 6 times as due on a single day.

I will leave it there. I love them with 2004 version. Never upgraded due to review left here but thought in can't be that bad. Yes, that bad!!

Shame on CNET of giving them a 7.3. What product did you demo that is clearly not for sale to the public?

Shame on Intuit for putting the Quicken name on such a piece of junk. They need some real competition to clean their clocks!! Maybe then we will see the Quicken of old.

User Rating: 1/10

Why is this software so bad???

Pros: You get to spend hours on the phone with support. Oh wait that's BAD!

Cons: PayPal support is horrible.

Review: Quicken 2008 is suppose to support PayPal. However, I have not been able to use this feature because it keeps giving me an error. I have been on the phone with both PayPal and Quicken numerous times over the past 6 months and the issue is still not resolved.

Also the overall user experience with quicken is horrible. Why aren't the filters/rules much simpler like on mint.com? There is serious need for some good competition in the personal finance software industry. It does not have to be this bad.

User Rating: 1/10

WHAT A LEMON!

Pros: None - program does not work

Cons: Program does not work, lousy customer support, wasted time and money on stupid upgrade

Review: After being forced to upgrade from Quicken Premier 2005 because Intuit was no longer supporting that version, I purchased, downloaded and installed Quicken Premier 2008. Everything was fine until I attempted to setup my banking accounts only to discover that Quicken 2008 would not connect to my bank (the prior version did). I spent several days dealing with Intuit customer service, which is only available through chat, email, and a "call back" service. After being told to reinstall, adjust firewall settings, and ultimately being told the issue was with my bank and not their software.

I also contacted also contacted my bank regarding the connectivity issue: they said there were a number of complaints regarding Quicken 2008, and that the error was most likely with Quicken itself as the bank did not change their download protocols.

Ultimately I demanded a refund for the $78 upgrade.

BOTTOM LINE: don't waste your time and money Quicken 2008, it's a LEMON!

User Rating: 1/10

Absolute garbage.

Pros: Shows why MS Money is a better solution.

Cons: No support.

Review: I have used Quicken for 10 years. I just complied with the forced upgrade to Quicken 2008 from Quicken 2005. They have decided they are such a big company that they no longer need customers. They no longer offer NO SUPPORT other than email, even when the issue is with the mess they have created.

User Rating: 1/10

Intuit will disable in 2011

Pros: Not a bad package

Cons: Greedy corporation forces upgrade every 3 years

Review: Being a loyal past customer is not good enough. If you don't buy often from Intuit they will disable the useful functionality. I am giving up on Intuit both Quicken and Quickbooks.

User Rating: 3/10

Usable Less Than 3 Years

Pros: Generally good product

Cons: Usable for less than 3 years

Review: I am using Quicken 2005 and am getting alerts from Quicken that online services for Quicken 2005 will expire on 4/30/08. I will no longer be able to download "financial data from my bank, credit union, credit card, brokerage, 401(K), or mutual fund accounts" after that date. There does not appear to be a compelling reason to upgrade to 2008 other than the loss of this service, and the product cycle of less than three years (I purchased Quicken in June 2005) strikes me as way too short. I'm not sure what Money's similar policy is, but I'm actively looking for alternatives. No doubt, Quicken 2008 will have a similar or shorter supported period than Quicken 2005.

User Rating: 1/10

Perhaps the most buggy, ill-thoughtout software I've ever used

Pros: A few new features - very few

Cons: Buggy, quirky, ultra-slow, crashes, video issues

Review: Having been a devoted (for some reason) Quicken user for over a decade, I buy the new versions every few years... hoping, praying that they have fixed bugs and added logical features (such as being able to sort by a stock's symbol rather than name)
Well, again we are disappointed. And, even worse, the problems are more pronounced and frequent than ever!! Now the program interferes with other Windows programs as well. Even the graphics won't load correctly.
And as a side note, if you are trying to log in remotely (using Remote Desktop or similar) the Quicken is even worse - virtually unusable.
Will have to finally switch to Money, I guess.

User Rating: 1/10

Save your money

Pros: Nice look and feel

Cons: Printing issues, program bugs and much more

Review: I have used Quicken for more than 20 years and this is by far the worst product I have ever used. As someone that works in IT and has friends that are software developers, I can't believe that Intuit can get away with this garbage. Look elsewhere for financial software.

User Rating: 7/10

Migration from MS Money painful

Pros: Integrates much better with Banks

Cons: Migration process is terrible

Review: Intuit seems to have stopped all development of their migration tools. They ask you to first downgrade to the 2004 version, then export in an old format all your accounts, then import them into the 2004 version. Then upgrade to the 2008 version. It seems in the features that the migration would be painless. Very deceptive.

Then you connect to the bank very nicely, but at the time of matching the transactions all the transactions are not recognized, making it more painful. It becomes a hassle.

A note first tell you about a tool that is supposed to take a report of all transactions and import them into Quicken, but later on there is a note that it does not work! Please don't advertise and then stop development and testing of the tools!

User Rating: 3/10

Vastly disappointed long time user

Pros: 529, better online banking interface

Cons: Massive screen flicker, online downloads longer, posting takes longer, stock downloads delayed

Review: Overall I was vastly disappointed as I upgraded from Quicken 2006. I have almost 10 years of history otherwise would consider switch to Money. Customer support has been non existent. Main problems - massive video flicker - Quicken answer, reduce your graphic accelerator - this of course creates other video problems. Stock downloads are sporadic (some days I get downloads, some days I don't - or course Quicken have subcontracted this service) for a program that professes to be for heavy users.

User Rating: 2/10

Quicken 2008 a downgrade

Pros: Runs on Vista

Cons: important features dropped

Review: My wife (an accountant) and I have used Quicken for years for our personal accts and our church's accounting. It worked great UNTIL Q-2008.

With Q2005 and 2006 deluxe we had all the needed acct functions including P & L and cash flow.

Q-2008 DROPPED P&L and cash flow making the program undiserable for church (or small business ) use.

We can't even transfer the data back to Q-2006 on an older computer.

So, we bought a more expnsive "upgrade" that turns out to be a downgrade.

If there was an accounting software package that could "read" the Q-2008 files we would go for it in a flash

Quicken has really bombed on this "upgrade"

Ed S

User Rating: 1/10

Worthless Junk

Pros: None that I could find.

Cons: No support to speak of

Review: I've been a Quicken user for 14 years. Normally, I upgrade every 2 years, waiting until right before the next version comes out. Unfortunately, this year, I forgot.

Now I'm trying to install it from a promotional CD they sent me and I can't even get it to display the installation wizard correctly.

Of course, Quicken support is absolutely no help. If it doesn't fit into their "support documents", they simply quit responding.

Phone support is non-existent. All they have are sales people telling you to "Go ahead, buy it and then we'll give you the support!" Yeah.... right... and there's a bridge in San Francisco they'll sell me next!

It's really sad to see a company that used to have a stellar product and adequate support devolve into an inefficient 'customer-no-service' kind of operation.

Here's the CEO's pertinent information:
Stephen M. Bennett
President & CEO
Intuit Corporation
2700 Coast Avenue
Mountain View, CA
94043
(650) 944-6000

I'm sending him a FedEx tomorrow.

I'm happy for you guys who could make it work, but, be forewarned... pretty soon it will be "Bend over, Bubba!" and you'll be in the sinking ship with the rest of us.

User Rating: 1/10

If you are a looking to tracks stocks and mutual funds, don't buy this.

Pros: All my data from previous versions is still here.

Cons: Basic functionality does not work.

Review: If you are a looking to tracks stocks and mutual funds, don't buy this.

I have used Quicken since the mid 1990s, and this is the last version I will ever buy.

I manage a large investment portfolio for myself in Quicken.

The servers that Intuit runs for delivering stock and mutual fund pricing have had consistant problems for the last year, not downloading prices, downloading the wrong prices, not responding, etc. This issue seems to get worse with time not better.

As of right now, the quote servers are currently down and have been down for 3+ days with no work around (other than entering prices by hand). I have called technical support and they have no estimated recovery time frame. All they can tell me is the quote server is down, and they do not know when it will be back up.

Should there not be more than one server? (I am going to assume there is) Should they not have the servers replicated into mulitple, geographically disbursed data centers for redundancy and latency?

Why has it been down since some time late Thursday night or early Friday morning and not yet resolved? (It is now noon on Monday). Could you imaging if the NYSE, NASDAQ, Chicago Wercantile Exchange, Bloomberg or Dow Jones could not get their quote systems up for more than 3 days?

Have the IT staff at Intuit ever heard of disaster recovery planning? (Sure they know about it, since they want to sell me an online backup solution for my Quicken data, but they can't seem to practice what they preach).

THIS IS TOTALLY UNACCEPTABLE!!!

User Rating: 5/10

Same Old Annual Upgrade

Pros: Installs easily. Converts prior files accurately. Same comfortable interface.

Cons: Silly changes

Review: Quicken is easily the best on the market and 2008 Deluxe carries on that tradition. However, why a major new version every year? Is it just the money? Why force long time users to upgrade to Deluxe when the basic version will satisfy many users' needs? Converting "Class" to "Tag" is just confusing. Especially, when it's touted as a major enhancement.

User Rating: 5/10

Installation was fairly easy. Some new features from the 05 used previously. Not an improvement.

Pros: It is more colorful. My favorite feature of the Quicken is the ease of balancing your check book.

Cons: I prefer the larger view and so far, each time I use, it goes back to the one live view of the ledger.

Review: I would not have upgraded to the new but for the fact that Intuit does not support the older versions after some period of time.

User Rating: 2/10

Terrible product design and they forgot who the customer is.

Pros: Only took 10 minutes to install including all the junk icons.

Cons: Forced Schemes / Limited user control.

Review: Had an older version 05 wanted to update to a current model. However, it is a piece of garbage. They 'Intuit' assume how you want it setup, discard your previous chosen presentation and force God Awful color schemes on the user. From a developers approach the colors (all four junklets) are readable. Trash icons placed on desktop without option to choose? Nice going, I'm off to buy the MSFT Product where at least I CAN CHOOSE how I want it set up. Too bad, know a CFO nice person have dropped e-mail to let them know about the demise of a once wonderful product,

User Rating: 3/10

Forcing upgrades from Quicken Basic

Pros: It's still an easy-to-use, full featured program

Cons: Doubling the price to remain a Quicken user

Review: While the c|net reviewer accurately notes that you can't move from Quicken Premier 2007 down to Quicken Starter Edition 2008 (a new offering this year), it's also true that users of Quicken Basic 2007 can't move to the Starter Edition either, which is at the same price point as the Basic Edition has been in past years. And the Basic Edition is no longer offered. In other words, users of Basic now MUST upgrade to at least the Deluxe Edition, which is roughly double the price of Basic.

For those who've been happily using Basic all these years, having the cost of using Quicken suddenly double will no doubt come as something of a shock. I suspect most will compensate by only upgrading to the "new and improved" (and twice the money) edition when forced to by Intuit's obsoleting of versions more than two or three years old.

User Rating: 3/10

save your money - stick with the 2007 version

Pros: none i know of.

Cons: can not use webconnect express with Wells Fargo Bank.

Review: I made the mistake of upgrading. I neven had an issue using 1-step update to download transactions from ALL of my FIs. Now I can not download from Wells Fargo Bank. I checked the forums and it seems that people are having the same issue with accounts at Bank of America. I have been working with Intuit's support since October. On October 25th, i was told that it would be corrected in 10days. Today, it still doesn't work. I talked to someone at Intuit's support but could not understand his excuse as to why it wasn't fixed and when it would be corrected.

Bottom Line:
If you have 2007 -- save your money and do not upgade.

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Quicken Premier 2008 specifications

  • General
  • Category Home / entertainment / lifestyle applications
  • Subcategory Home / life - personal finance / tax preparation
  • Language(s) English
  • License pricing Standard
  • Localization English
  • Software
  • License Type Complete package
  • License Qty 1 user
  • License Pricing Standard
  • Platform Windows
  • Distribution Media CD-ROM
  • Package Type Retail
  • System Requirements
  • OS Required Microsoft Windows 2003 , Microsoft Windows 2000 , Microsoft Windows XP , Microsoft Windows Vista
  • Min Processor Type 300.0 MHz
  • Peripheral / Interface Devices SVGA monitor , 2x CD-ROM
  • System Requirements Details Pentium II - RAM 128.0 MB - HD 100.0 MB
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