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Question By
funkytown76

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91 People Helped
Has anyone used the connect accounts link yet? Just wondering how safe it is. Thanks
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2 Contributions
71 People Helped
Most Helpful Response

Strong NO

Helpful to 71 out of 78 people

I like CK. From what I have read and my personal opinion, this is a legit site. However, I wouldn't go so as far as providing them with my bank passwords.

To gain access to our accounts, they will have to store the passwords in clear text some where (no salt/encryption). Even if it isn't CK's intention, all it takes is a rouge employee or stolen/lost laptop or a hacker and all our bank accounts will be comprimised.

Plus, banks do a great job against phishing etc., with their image keys. With web api access, credit karma bypasses that added layer of security against phishing. There is no gaurentee their servers are talking to the bank servers.

Reply by
funkytown76

6 Contributions
91 People Helped
Helpful to 12 out of 14 people

Thanks for your input......I am going to play it safe and disconnect all the accounts I connected. The last thing I need is someone getting access to my accounts, or my accounts being compromised.

Thanks!!

Top Contributor

Reply by
SonnyHoney54

48 Contributions
252 People Helped
Helpful to 4 out of 6 people

So you are living a fraidy cat life.  Being connected would help most people spot fraud and then stop it.    Yes there is the risk that KC will be the source of a breach of security but I know you can name a dozen other way that your personally information can be compromised.  Why do you not what to be in control of your financial information?

Reply by
eeshuz

1 Contribution
2 People Helped
Helpful to 2 out of 2 people

Why would they have to store the passwords in plain text and not salt/encrypt them? That makes no sense.  All they'd have to do is decrypt it before passing it to the api.  The development of this site seems so robust and complex that I just can't see them storing passwords as plain text for anything.  It's too simple to encrypt the passwords for them to not do it and make themselves liable for fraudulent access to anyone's accounts.

Reply by
mtnbiker92271

1 Contribution
0 People Helped
Helpful to 0 out of 1 people

you have no idea what you are talking about.

Top Contributor
119 Contributions
996 People Helped

Helpful to 16 out of 20 people

I have nad it is safe. CK is a very secure site and it is a legitimate site. There are worries that they are tracking purchases and selling that information to marketers; however the Owner has represented that is not the case.  The site is as secure as your password essentially. As long as no one gets access to your password, you should not have any problems.

Reply by
funkytown76

6 Contributions
91 People Helped
Helpful to 3 out of 4 people

Thanks!

1 Contribution
5 People Helped

Just saying

Helpful to 5 out of 5 people

I have been using this site for about a year my whole life is hook up to it. I have never had ant problems with fraud or credit stealing. I must say though even if they stole 100,000.00  all my account are 1oo% fraud protected with the provider of the card. Choose who you do business with and sit back and relax. I read all the post to funkytown 76 I suggestion is he read the terms of agreement of this site and then make a informed decission. Of all the negitive responces to his question how many of you actually lost money that wasn't recoverd of added back on your account ?????. If you didnt make the purchase call you card company and report the fraud they will close that account and send you a new card. Remember don't try to be sneaky almost every place you swip a card has some hidden camera. I vote to hook up everything and watch what going on in your life while your asleep.

2 Contributions
22 People Helped

Opinion

Helpful to 1 out of 1 people

It all boils down to a matter of opinion, not safety. The site uses encryption for every bit of your information. Considering when you signed up, you put in everything and more that a hacker or identity thief could use to steal your identity and ruin your life. When it comes to credit or bank account, most have fraud protection, which insures you for any cash lost. I have been using CK since i saw the commercial for the first time, and nothing bad has happened with my credit because of this site, so, im pretty sure that putting credit/bank information wouldnt hurt you, and if the site is hacked and information is stolen, your accounts are protected by the above-mentioned fraud protection most banks give you.

Like i said at the beginning. Its a matter of opinion, not safety. The features benefits far outweigh the risk, so, in my opinion, the feature is worth it.

4 Contributions
28 People Helped

Well I wouldn't say yes or no

Helpful to 4 out of 4 people

When you opened your account didn't you provided your Social Security Number, Address, Name, Contact Information, Email Address.  Just consider how long you have had the account and go from there.  Any problems yet? But still I can see where it sounds a little scary though but in honest opinion unless the credits you have open dont have any sort of monitoring system like CK, than dont do it.  All my accounts except one have a great way of monitoring purchases and some don't for example Chase Business card INK. Food for thought.

2 Contributions
14 People Helped

Don't do it!!!!

Helpful to 12 out of 20 people

I linked my Discover card to this site and became a victim of fraud. An individual racked up $500 worth of purchases within a week on Walmart.com. I no longer trust this site and I'm fortunate that I listened to my first mind and did not link my Amex and Freedom cards as well. Do NOT provide this site with any of your personal financial information!!!!

Reply by
adreamtonigh

1 Contribution
24 People Helped
Helpful to 24 out of 24 people

I also was a victim of fraud but it WAS NOT this website. Around the time of your posting, an individual bought $1000 gift cards (in $250 increments) to my discover card on Walmart.com. Talked to Discover, turns out someone exploited or got into Walmart.com servers and were able to use any Discover card credit card number stored in the server. It was entirely Walmart's fault for being hackable.

4 Contributions
97 People Helped

I trust this site, But .......

Helpful to 5 out of 7 people

I conected my accounts just to see how things looked and to see what changed . 

I did it out of curiosity . I took a quick glance at things and i didnt feel too safe . 

Me personally having WAY too much Conected to this site makes me feel NOT safe 

at all .  I quickly removed my accounts from this site . 

CK Its a great  site and all , BUT still thats a little too much risk for me . 

Sorry . 

I WILL NOT BE CONECTING MY ACCOUNTS ON THIS SITE . 

1 Contribution
5 People Helped

Nice post

Helpful to 5 out of 7 people

sonnyhoney54... your words, "Stop living a fraidy cat life"... "fraidy cat" is an irrational accusation when it comes to finances. I mean don't be scared, give me your account credit card numbers, passwords, and any other access codes needed to use them... you wouldn't without a certain level of trust, right? I would hope not. That is what this site asks of you with the linked accouns feature. There must be trust first. Asking others is only the first level of research prior to trusting the site's mnagement with that kind of information.

funkytown76... your words, "I just like to be well informed, before I make a Decision that could potentially have some negative consequences in my life, as most [sic] Grown ups do"... Perfectly said. I saw you are a navyfederal member... do you have either of their credit cards. I love NFCU, I just wanted to make sure I pick the right card. Any opinion on that would be appreciated.

Reply by
funkytown76

6 Contributions
91 People Helped
Helpful to 2 out of 2 people

Thanks Froggy, and as  to your question, I have the Visa Signature Flagship Rewards Card. I travel a lot so for me this is the perfect one. Also you can rack up points quick by using their online mall. As far as the perfect card goes, to me it all depends on what you are looking for, Cash Back or Rewards. Cash Back I will go with obviously  with the Green One.  The GoRewards offers you the flexibility of redeeming for Travel, cash or merchandise. But if you travel a lot like me, then for Premier Travel Rewards I would go with Visa Signature Flagship Rewards Card, and  having the extra Visa Signature perks is nice too!  And as I'm sure you know, NFCU'S Customer service is top Notch.... Anyways, I hope this helps you!

1 Contribution
0 People Helped

i have.. im just trying for the first time hopefully its ok

1 Contribution
0 People Helped

Re Using Connect Accounts

I've been using it for several weeks. Everything is fine. I was weary myself, but nosignof foul play. It's all good.

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