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DONOT signup for any online subscription service with your credit card. You will not know when and how much money you are loosing from your credit card, unless

DONOT signup for any online subscription service with your credit card. You will not know when and how much money you are loosing from your credit card, unless you are diligent about checking credit card statements. Side note: Its funny you cannot get real time updates/SMS when money is deducted from your bank/credit card account.

icedchai 8y ago
Some companies, like Chase, do offer real time updates/SMS alerts.
brainfog 8y ago
> Side note: Its funny you cannot get real time updates/SMS when money is deducted from your bank/credit card account. Most major credit card providers have email and sms notifications for transactions. It's pretty much instant.
- ac29 8y ago
  Google Pay also (at least for some banks). You don't actually have to use Google Pay to pay - all transactions come through including swiped payments and online payments.
jesterson 8y ago
You actually can and this is something I've set personally for all my cards/accounts
ac29 8y ago
> You will not know when and how much money you are loosing from your credit card If you aren't reviewing your credit card bill each month before you pay it, you're doing it wrong. It takes less than 30 seconds a month and you'll avoid exactly this sort of problem ("hmm, I thought I cancelled that last year").
photonios 8y ago
Interestingly, my bank in Romania does this. For every single transaction on any card, I get a text message with the amount that was deducted and how much there is left. Actually, almost any bank in Romania offers this service. For both debit and credit cards. It's very useful.
cimmanom 8y ago
Or the stronger version: don't sign up for recurring subscriptions, period. The exceptions are things you strictly need or that serve as investments to help you earn more; and even then, choose the least expensive plan you can possibly get away with. (In this day and age, for most of us that means internet; phone; most basic plans for each; and no digital services.) Subscriptions add up really quickly and will drain your income before you even notice.
giancarlostoro 8y ago
I enable all push notifications from bank, so I get emails and app notifications. I got this advise off someone here on HN in the past. It's genius and works, but yeah minimizing online subs is a good idea, or have them charge around the same time each month.

icedchai 8y ago

Some companies, like Chase, do offer real time updates/SMS alerts.

brainfog 8y ago

> Side note: Its funny you cannot get real time updates/SMS when money is deducted from your bank/credit card account. Most major credit card providers have email and sms notifications for transactions. It's pretty much instant.

ac29 8y ago
Google Pay also (at least for some banks). You don't actually have to use Google Pay to pay - all transactions come through including swiped payments and online payments.

jesterson 8y ago

You actually can and this is something I've set personally for all my cards/accounts

ac29 8y ago

> You will not know when and how much money you are loosing from your credit card If you aren't reviewing your credit card bill each month before you pay it, you're doing it wrong. It takes less than 30 seconds a month and you'll avoid exactly this sort of problem ("hmm, I thought I cancelled that last year").

photonios 8y ago

Interestingly, my bank in Romania does this. For every single transaction on any card, I get a text message with the amount that was deducted and how much there is left. Actually, almost any bank in Romania offers this service. For both debit and credit cards. It's very useful.

cimmanom 8y ago

Or the stronger version: don't sign up for recurring subscriptions, period. The exceptions are things you strictly need or that serve as investments to help you earn more; and even then, choose the least expensive plan you can possibly get away with. (In this day and age, for most of us that means internet; phone; most basic plans for each; and no digital services.) Subscriptions add up really quickly and will drain your income before you even notice.

giancarlostoro 8y ago

I enable all push notifications from bank, so I get emails and app notifications. I got this advise off someone here on HN in the past. It's genius and works, but yeah minimizing online subs is a good idea, or have them charge around the same time each month.