4 ms·

I've been thinking about doing this more and more. How easily can you "reclaim" your money though? If you have 10 cards with $1 limits on them, how do you get t

• malshe 4y ago
  I am not sure I understand your question. I am not actually spending any money here. I am just creating a one-time use debit card that has a spending limit of $1. Once I provide the card number to a vendor for a free trial, that card is now locked in for that vendor alone. It can't be used with any other vendor. When the trial ends, the vendor will charge my card for an amount equivalent to their subscription, which is usually way higher than $1. The card will decline this transaction. The $1 limit was never used so you don't spend any money. Delete the card whenever you want. I usually delete one-time use cards once every few months. Edit: It's more like a debit card than a credit card.
  • bick_nyers 4y ago
    The $1 example perhaps draws attention to the wrong use case, apologies. If I have a $100 limit across 10 of these cards, do I need to transfer $1000 out of my bank account upfront is basically what I am asking, or is it pulled on-demand (which is not quite the same as a debit card).
    • malshe 4y ago
      It will be pulled on demand. Imagine you have a debit card with only $1 in the bank account. As long as the vendor charges anything less than $1 it will go through. Btw I use Privacy for my regular subscriptions too. There I limit the amount charged per transaction. I match this to the subscription price. So when the vendor raises prices and I miss that email the charge won’t go through. I also add time limit so there is no payment on auto renewal.