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Privacy dot com. It's the only thing I use for anything that's not a major player (Amazonish). It's saved me a lot of time and hassle. Cancel the account and th
by snoopy_telex 4y ago
Privacy dot com. It's the only thing I use for anything that's not a major player (Amazonish). It's saved me a lot of time and hassle. Cancel the account and the card at the same time.
- AareyBaba 4y agoAre you comfortable with the recent change in Privacy.com ? They are using Patriot Bank out of North Dakota as an intermediary. Previously Privacy.com would directly debit from your checking account. In the new process you are signing up for a credit card with Patriot Bank under the hood. They pass on your checking account info to Patriot Bank and somehow money gets exchanged. I don't fully understand the process and don't trust men-in-the-middle like this. I wasn't satisfied with the information I got from Privacy.com customer service. Has anyone researched this and confirmed there are no shenanigans in the new process. I used to use Privacy for many years but stopped because of this.
- josephcsible 4y agoWhat specifically is your concern about that new process?
- AareyBaba 4y agoOld process: Me -> Privacy.com -> My checking account New process: Me -> Privacy.com -> Patriot Bank credit account -> My checking account. My concern is I am forced to sign up for Patriot Bank credit services. Also Patriot Bank gets my checking account information.
- snoopy_telex 4y agoI actually use a bastion bank account so privacy and patriot never get my real one. I push money to the bastion bank and if they do something funky, my exposure is limited.
- moduspol 4y agoWas this part of the big change they did a few months ago to use credit card numbers that vendors can't see as temporary / prepaid? I'm not sure about what you're describing, but it's been substantially more useful to me since that change.
- thaeli 4y agoSounds like it. They would have to have a "traditional" credit card account to not show up as prepaid on the system.
- kelnos 4y agoI'd never heard of privacy.com, but it looks fantastic. And the $10/mo Pro plan is effectively free if you push $12k worth of eligible transactions through them per year (they are a little weak on defining "eligible", though). I'd be a little concerned about them knowing about pretty much all of my purchases, though, and how they handle that data, and what they do with it, so more research required... Hmm, also it sounds like they charge fees when your funding source is a "real" credit card, and not a bank account. That isn't really useful for me, as I rely on credit card rewards for a bunch of stuff, and I imagine the fees they'd charge would wipe out those benefits. But this could certainly be useful for buying something from a one-off merchant where I'm not sure if I can trust them, and in that case the free plan should be enough.
- snoopy_telex 4y agoYeah, I only use the free plan and I go though a bastion bank account for that, so my exposure is limited. I do miss out on rewards, but in general, I feel the trade off is worth it, especially with one off purchases.