this post was submitted on 21 Oct 2023
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Privacy
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Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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How do you think they can provide their service free of charge? It's because you are the product, and they likely track your own spending habits. However, I still use them occasionally if I ever want to sign up for a free trial or something similar, because you can put an all-time limit on each card. If my bank offered that feature though, I would just use it instead because my bank (a local credit union) would never track my data.
Pretty sure they make money by collecting credit card fees. You are essentially giving up points/rewards in exchange for an unlimited supply credit cards which, as you mentioned, has a valid use in certain situations.
Yep.