QuickBooks Privacy Policy Review

Item: QuickBooks Privacy Policy
Rating: 48
Author: Privacy.Law Editorial Team

QuickBooks is owned by Intuit, which also owns TurboTax, Credit Karma, and Mint. Your financial data flows across this entire ecosystem, creating comprehensive profiles of your income, spending, credit, and taxes.

📅 Last Updated: January 28, 2026

⚠ 6 High-Risk Practices

Grade C

Privacy Fairness Index

⚠ Key Privacy Concerns

Intuit shares your QuickBooks data across TurboTax, Credit Karma, and Mint. They create comprehensive financial profiles that include your business revenue, personal income, credit score, and spending patterns. This data is used for targeted advertising and sold to third parties.

Privacy Score Breakdown

Data Collection Scope 45/100

Third-Party Sharing 42/100

Data Retention 48/100

User Control 52/100

Transparency 53/100

Compare With Other Accounting Software

Wave

Xero

FreshBooks

⚠ Red Flags

Cross-Product Data Sharing

High Risk

Intuit shares your QuickBooks financial data with TurboTax, Credit Karma, and Mint to build comprehensive profiles.

"We share information across Intuit companies to provide our services and improve your experience." Intuit Privacy Statement

Third-Party Data Sales

High Risk

Financial data is shared with advertising partners and data brokers for targeted marketing across the internet.

"We may share information with third parties for marketing and advertising purposes." Intuit Privacy Statement

Bank Feed Data Collection

High Risk

When you connect bank accounts, transaction data flows through third-party aggregators and is retained by Intuit indefinitely.

Indefinite Data Retention

High Risk

Your financial records are retained even after you close your account, creating permanent profiles of your business finances.

Analysis

"QuickBooks has the worst privacy practices in the accounting software category because of Intuit's aggressive data monetization strategy. Your business financials are combined with your personal tax returns from TurboTax and credit data from Credit Karma to create comprehensive profiles that are used for advertising and shared with data brokers.

If you must use QuickBooks, disable all data sharing options you can find and consider using it without connecting bank accounts. Better yet, consider switching to a less invasive alternative like Wave or Xero."

QuickBooks Privacy Policy Review

⚠ Key Privacy Concerns

Privacy Score Breakdown

Compare With Other Accounting Software

🐕 Concerned About Your Data?

Related Resources

⚠ Red Flags

Cross-Product Data Sharing

Third-Party Data Sales

Bank Feed Data Collection

Indefinite Data Retention

Analysis