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I use mint even now. I'm generally technically paranoid, and have just concluded mint is not actually that risky. Here's why: 1. Most banking companies seem to
by ramraj07 8y ago
I use mint even now. I'm generally technically paranoid, and have just concluded mint is not actually that risky.
Here's why:
1. Most banking companies seem to have a much better security landscape than other places, including tracking where you're logging in from. Even with a password it won't be easy for a hacker to do stuff with my accounts. Almost any change or transaction triggers an email and sms alert too.
2. The main bank I have my money in, doesn't let you do transactions larger than 2000 in a day online, and even that is insured against fraud.
3. For credit card accounts, I have noticed that you actually can't do much with just an online account, except to pay the bill.
4. Mint is owned by Intuit and they know my tax details, most of which are far more important and guard-worthy anyways.
5. Also till now I've been a fairly poor guy with not much in my bank accounts. So I didn't worry too much about losing my cash since I didn't have much. If you have a lot of it, perhaps you need to be careful with such services.
- propogandist 8y agoMints privacy policy includes this language "we may prepare and share information about our customers with third parties, such as advertisers or partners, for research, academic, marketing and/or promotional purposes." - where any usage of "may" can be substituted with "will". They say they will anonymize data, but advertisers have no interest in data if they can't action on it -- i.e. use the data they buy for targeted advertising.
- astura 8y agoTo some of us (me) the service Mint provides is well worth letting some marketer know I spent $50 at Walmart yesterday, that's not sensitive information to me, and if it were I'd be paying in cash. I even gave the transaction history of all my credit cards directly to Drop (https://www.earnwithdrop.com https://www.earnwithdrop.com) in exchange for a few dollars, that's how little it means to me. (So far around $30)