Warning: you will have to turn over your entire banking transaction history for 365 days +your funding bank balance -- to fund your Kabbage account, unless you're willing to pay $25 fee to wire in a funding deposit.
You will have no way to revoke the feed they have to your bank transactions access once access is granted. Be weary of any "link your bank" services, as they all operate the same way.
expired Posted by skeleton516 • Oct 25, 2021
Oct 25, 2021 5:36 AM
Item 1 of 1
expired Posted by skeleton516 • Oct 25, 2021
Oct 25, 2021 5:36 AM
New Kabbage Checking Accounts: Complete 5 Debit Card Purchases & Earn
(Within 45 Days of Acct. Opening)$300 Cash Deposit
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You should know that Plaid, Yoodle and companies like them scrape your personal bank account information using your username + password, and then they will use that for their own data mining purposes --- in addition to providing the data to the requesting company as part of their service.
- In this case they are obtaining all your bank transactions over 365 Days and your balance to make it available to Green Dot bank.
- they will maintain this access until you change your Funding Bank account password.
The only way to stop Plaid and Yoodle from harvesting your personal and financial information after you've used any "login to verify your bank" services is by changing your Bank password.
NOTE: Plaid/Yoodle etc can gain access to all your banking information, including mortgages, loans, credit cards etc. as they login to your account pretending to be you and scrape data that your bank may present to you on your bank home page. While in this case scope is limited to your transactions over 365 days and balances, other companies may try to extract as much information as possible about your finances, without you knowing.
***
Since they have no other funding source option (w/o turning over my entire finances to this no-name bank, or incurring a $25 wire deposit fee) it seems like I'll have to pass on the deal.
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You should know that Plaid, Yoodle and companies like them scrape your personal bank account information using your username + password, and then they will use that for their own data mining purposes --- in addition to providing the data to the requesting company as part of their service.
- In this case they are obtaining all your bank transactions over 365 Days and your balance to make it available to Green Dot bank.
- they will maintain this access until you change your Funding Bank account password.
The only way to stop Plaid and Yoodle from harvesting your personal and financial information after you've used any "login to verify your bank" services is by changing your Bank password.
NOTE: Plaid/Yoodle etc can gain access to all your banking information, including mortgages, loans, credit cards etc. as they login to your account pretending to be you and scrape data that your bank may present to you on your bank home page. While in this case scope is limited to your transactions over 365 days and balances, other companies may try to extract as much information as possible about your finances, without you knowing.
***
Since they have no other funding source option (w/o turning over my entire finances to this no-name bank, or incurring a $25 wire deposit fee) it seems like I'll have to pass on the deal.
there are 6 tabs on top in the checking account screen
choose "settings" (last tab)
Your temporary card number expires 15 days after it's issued or when you activate your physical Kabbage debit card.
i got a temp number to purchase amazon gc to qualify
There is no standardized way to get customer information from banks, so customer information is scraped from the banks after Yoodle/Plaid logs in as if they are the customer. You give them authorization to do this in their ToS/Privacy Policy and it's how they work.
Banks did not like this and they've introducing standardized APIs recently to limit the screen scraping behavior.
Two quick articles, you can read up more on how they've operated:
https://www.fintechfutu
>Plaid just agreed to settle a class-action lawsuit for $58 million...
>In late 2020, Plaid publicly committed to migrating 75% of its data volumes to application programming interfaces, as opposed to screen scraping, by the end of 2021.
https://www.businessins
But seriously do you really want a bank that misspells the name of your least favorite vegetable?
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https://help.kabbage.co
Yes. Money you put into your Kabbage Checking account is FDIC insured through Green Dot Bank, Member FDIC, up to the maximum allowed by law. Upon successfully opening a Kabbage Checking Account, funds on deposit at Green Dot Bank, Member FDIC, are insured up to the standard maximum deposit insurance limit.
You should know that Plaid, Yoodle and companies like them scrape your personal bank account information using your username + password, and then they will use that for their own data mining purposes --- in addition to providing the data to the requesting company as part of their service.
- In this case they are obtaining all your bank transactions over 365 Days and your balance to make it available to Green Dot bank.
- they will maintain this access until you change your Funding Bank account password.
The only way to stop Plaid and Yoodle from harvesting your personal and financial information after you've used any "login to verify your bank" services is by changing your Bank password.
NOTE: Plaid/Yoodle etc can gain access to all your banking information, including mortgages, loans, credit cards etc. as they login to your account pretending to be you and scrape data that your bank may present to you on your bank home page. While in this case scope is limited to your transactions over 365 days and balances, other companies may try to extract as much information as possible about your finances, without you knowing.
***
Since they have no other funding source option (w/o turning over my entire finances to this no-name bank, or incurring a $25 wire deposit fee) it seems like I'll have to pass on the deal.
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Ten years ago I had a secondary bank account linked to Paypal.
I kept a few dollars in it.
At that time Paypal made the bank account the default primary source of payment.
I couldn't change it.
I made a purchase on eBay and forgot to change the payment to my credit card.
Paypal tried twice to take money from that linked bank account.
I was charged $25 twice for insufficient funds.
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