![]() At least 1–2 months of consistent spending.Subscriptions to recurring transactions.You can increase your spending limits if you fall under certain criteria: Whether you’re a paid or free subscriber, you’ll have a 24-hour account-wide spending limit of $1,250. You can only adjust the dollar amounts with your spending limit by increments of $5 (e.g., $5, $15, or $4,500).Īccount Spending Limit: More Like a Restriction But they’ve made their web interface easy enough for a 6-year-old to understand. Many of you may not know what game and company I’m talking about. To account for taxes, you’d want to set an $18 monthly limit. See the image below as an example: UI.įor instance, if you pay for a one-month’s subscription of World of Warcraft, and don’t Blizzard to ‘accidentally’ take more money from your account, set a limit. You can set spending limits in the following increments: You can also set spending limits for each card (from $0 to unlimited). Per-card Spending Tracker and Spending LimitĮach virtual card you create has separate transaction pages to simplify bookkeeping. I’ll explain why when covering the Privacy Pro features. With Pro, you can change the merchant’s billing descriptor to what you want. That’s with the Privacy Personal (free) plan. Checking account funding source: (merchant’s billing descriptor) PRIVACYCOM.Or PWP* (merchant’s billing descriptor).PayWithPrivacy* (merchant’s billing descriptor).You’re likely wondering how Privacy virtual cards will appear on bank statements. Here are some examples of stores I’ve been successful with Privacy: So you may want to look up whether the place you want to shop accepts prepaid cards. In my experience, many websites will consider a Privacy card as a prepaid card. Then Privacy will pull money from your funding source. Once the purchase proceeds, the online store will pull money from your Privacy. And when it comes to using your name, you can use whatever name and address you want. ![]() When making purchases on other sites, you’ll enter the virtual card’s information. You’ll get regular debit card information like: The number of Privacy cards you can produce depends on the pricing tier you’re subscribed to.īefore you can use these cards, you’ll have to add a funding source. You can create 12, 36, or 60 single-use or permanent virtual cards per month. I’ll cover the details for the paid plans in the “Pricing and Plans” section. Featuresįeatures you’ll find in Privacy’s free and premium versions include: Their Nationwide Mortgage Licensing System & Registry (NMLS) ID is 412623. A financial institution located in Connecticut. It’s a card issuing platform.Īnd they partner with Patriot Bank (and some other banks they didn’t specify) to make it, so they can create these cards. They create their virtual cards through their Lithic API. com, otherwise dubbed Lithic, is a service that enables you to mask your debit card information by creating virtual or single-use cards. That way, when someone tries to waste your money on microtransactions, they’ll see “transaction declined.” Specifications Mobile App ![]() com, you can add a card to your app store and set a spending limit (even $0. With a normal debit card attached to your account, they could easily blow $50,000 on legendary Rift runs if you don’t have biometrics enabled on your app store. Let’s say you have Diablo Immortal on your phone and for some reason you let your kid play it. It’s also great for setting spending limits. Thus, if someone attempts a shopping spree with your financial information, they’ll have no success.Īnd you don’t have to call the bank to cancel your card and order a new one. Using the burner card feature could make it, so the card deletes itself after a purchase. Because any hacker or social engineer could break into your account, steal your card, and wreak havoc on your finances. If a website requires a debit card to use their services, yet the account isn’t secure, you’re risking your online privacy and security. com if you make many purchases online and don’t want to risk giving your real debit card details to an untrustworthy eCommerce business.
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