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In defense of Privacy.com, they've helped prevent me from being defrauded multiple times. I use them any time I'm buying from a website where I don't trust the

In defense of Privacy.com, they've helped prevent me from being defrauded multiple times. I use them any time I'm buying from a website where I don't trust they will keep my CC secure (like paying local utility bills). Sure enough someone tried to use my one-time-use utility card multiple times. Once they charged it for 16 cents which how card runners test the cards to see if they are valid. Normally those won't show up on any alerts you may have, because most banks don't alert below $1. But privacy.com does. I actually prevented about 1000 stolen cards from being used because I was able to inform the local utility that their database had been breeched before they even knew about it, and they were able to let the CC companies know before the card runners could use them.

borski 4y ago
Completely the same experience here.
cortesoft 4y ago
> Normally those won't show up on any alerts you may have, because most banks don't alert below $1. My Chase credit card is set to text me on any charge over $0. I have received alerts for under a dollar. Also, I have been using a credit card extensively for 20 years, and I don’t take many precautions (other than having text alerts for all purchases). I will put that number anywhere I want to buy something without even thinking about it. I have had many fraud ATTEMPTS over the years, but I have never once lost money because of it. Having to change my credit card number has been annoying, but I am not sure it has been more annoying than it would be if I had to use a different number for every purchase.
- baseballdork 4y ago
  I think that this is a totally valid approach. I merely prefer using privacy because it locks a card to a vendor and I can set limits (or simply pause a card) per vendor trivially. In fact, this weekend I got a notice from wilsoncombat that their payment processor had been hacked and card info had been leaked, which I had suspected when I received a notification that a charge ($0.15) had been declined on the card I used with them in March. The charge was declined, and I was able to close that card and not have to redo my card info in every place I have a card linked.

borski 4y ago

Completely the same experience here.

cortesoft 4y ago

> Normally those won't show up on any alerts you may have, because most banks don't alert below $1. My Chase credit card is set to text me on any charge over $0. I have received alerts for under a dollar. Also, I have been using a credit card extensively for 20 years, and I don’t take many precautions (other than having text alerts for all purchases). I will put that number anywhere I want to buy something without even thinking about it. I have had many fraud ATTEMPTS over the years, but I have never once lost money because of it. Having to change my credit card number has been annoying, but I am not sure it has been more annoying than it would be if I had to use a different number for every purchase.

baseballdork 4y ago
I think that this is a totally valid approach. I merely prefer using privacy because it locks a card to a vendor and I can set limits (or simply pause a card) per vendor trivially. In fact, this weekend I got a notice from wilsoncombat that their payment processor had been hacked and card info had been leaked, which I had suspected when I received a notification that a charge ($0.15) had been declined on the card I used with them in March. The charge was declined, and I was able to close that card and not have to redo my card info in every place I have a card linked.