Credit Karma Beta: Free Credit Credit Monitoring + Linking of your Credit Card Accounts (expired)

Quote from BostonGirl : Credit Karma is now offering a new feature allowing you to link your credit card accounts for free. LINK [creditkarma.com] Connect your accounts to: Track bills and spending habits Compare credit report data with your real-time bank account data Receive email alerts on all of your accounts to stay on top of your finances Safe & Secure Bank-level encryption Secure connection No credentials stored in our database 9,995 of 10,000 BETA ACCOUNTS REMAINING

So, basically this is like Mint.com?

I'm not really seeing the value-added in doing this. I don't really like the idea of doing this with a Mint or CreditKarma. If it were like AMEX, I'd be a little more likely to do this.

thanks, i signed up!

nice thanks

FYI you apparently can't sign up for the beta if you already have an account with them (strange approach, IMO). EDIT: nm, I see the link for existing account holders now.

Oh well, maybe for the best. I like credit karma, but exposing all my financial account info to a product with "beta" in its name may not be the wisest financial move to start with

Quote from Requies : So, basically this is like Mint.com? I'm not really seeing the value-added in doing this. I don't really like the idea of doing this with a Mint or CreditKarma. If it were like AMEX, I'd be a little more likely to do this.

I have never used Mint.com, but I have had an account with CreditKarma for years. This is awesome for me since I am always forgetting my CC logins...I can't count how many times I have been locked out of my accounts..

Quote from puddnhead : FYI you apparently can't sign up for the beta if you already have an account with them (strange approach, IMO).

Click the link that says "I Already Have a Credit Karma Account".

I just use lastpass and "Daily Links" in Chrome to view all of my CC accounts and bank accounts each morning.

Quote from puddnhead : FYI you apparently can't sign up for the beta if you already have an account with them (strange approach, IMO). Oh well, maybe for the best. I like credit karma, but exposing all my financial account info to a product with "beta" in its name may not be the wisest financial move to start with

Log into your account and on your dashboard you will see if you scroll down "View Your Transaction History.Connect your online accounts to view your recent transactions right here on Credit Karma."
It should work.

Quote from BostonGirl : I have never used Mint.com, but I have had an account with CreditKarma for years. This is awesome for me since I am always forgetting my CC logins...I can't count how many times I have been locked out of my accounts..

I guess. I've never had a problem with CC logins, so I've never worried about that aspect (plus you can always have them resend to your e-mail on file as long as you enter the correct security information).

The issue I have with these all-in-one finance sites is that if that one falls, all the rest of your financial information will be available which makes it much more of a headache if someone hacks into that site. And you're trading off convenience for a much greater chance of financial exploitation which for me isn't worth it.

But to each their own.

Looks alright. Doesn't have options like setting budgets or savings goals like Mint. Looks nice though, going to play around with it. We'll see if I'm still using this in a month. Thanks.

Quote from BostonGirl : Log into your account and on your dashboard you will see if you scroll down "View Your Transaction History.Connect your online accounts to view your recent transactions right here on Credit Karma." It should work.

Yeah, I figured it & updated my post a minute before your post, but you probably hadn't refreshed. Thanks.

A bit scared that a third party site (no matter how reputable) has ALL my CC logins... especially after seeing that Twitter is so unsecured, what happens if Credit Karma is compromised?

I'm trying it out now, but I think I've already decided that like my custom system better - I have a separate google calendar with repeating monthly events for each one of my bills, with the URL (if paying online) in the comments, and set to send me an email reminder 5 days ahead. I try to schedule payments more than 5 days before the due date, and when I want to see what upcoming bills I haven't dealt yet, I just look at that calendar. When I take care of each bill, I just delete the current instance of that reminder (making sure to leave all future ones still there). In this way, if I forget, let things slip, whatever, I get an email informing me that I haven't done it yet, & only have 5 more days.

That, in combination with the online quicken I get for free from my bank, looks like it may (?) do everything this beta system does (& more, better) for me already. The only thing it looks like I get from this beta that I don't get elsewhere is the stuff that I was already getting from regular credit karma: credit monitoring. In addition, my current method allows me to manage my & my wife's accounts together, plus some business account, where it looks like this credit karma system is individual (SSN) based? Annoying limitation if so. But I'll play with it more later, to see if there is functionality I missed the first quick pass through.