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Posted in Credit Cards
Has anyone used the connect accounts link yet? Just wondering how safe it is. Thanks
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Question By
funkytown76

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Most Helpful Response
Strong NO
Helpful to 53 out of 58 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.

Response by
ai2160

2 Contributions
53 People Helped
Helpful to 9 out of 11 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!!

Reply by
funkytown76

6 Contributions
82 People Helped
Helpful to 6 out of 8 people

Totally agree.

Reply by
philphactor

3 Contributions
26 People Helped
Helpful to 2 out of 3 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?

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Reply by
SonnyHoney54

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170 People Helped

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
eeshuz

1 Contribution
0 People Helped
Helpful to 14 out of 16 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.

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Response by
JBirley15

115 Contributions
437 People Helped
Helpful to 3 out of 3 people

Thanks!

Reply by
funkytown76

6 Contributions
82 People Helped
Nice post
Helpful to 4 out of 4 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.

Response by
froggydog

1 Contribution
4 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!

Reply by
funkytown76

6 Contributions
82 People Helped
Well I wouldn't say yes or no
Helpful to 3 out of 3 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.

Response by
Frostacious

4 Contributions
18 People Helped
Don't do it!!!!
Helpful to 8 out of 10 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!!!!

Response by
Kjhag27

2 Contributions
10 People Helped
Helpful to 9 out of 9 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.

Reply by
adreamtonigh

1 Contribution
9 People Helped
I trust this site, But .......
Helpful to 3 out of 4 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 . 

Response by
RickyRasta30

2 Contributions
61 People Helped
Just saying
Helpful to 1 out of 1 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.

Response by
Beboopalouie

1 Contribution
1 Person Helped
Linking accounts

Can somebody walk me through linking up my first progress platinum card on this site. I cannot find it on the bank lener name or finincial instatution. I have already linked upp other accounts but not this one. this one i cannot find or do. PLEASE HELP. THANKS

Response by
budsbeavis

1 Contribution
0 People Helped

I've only linked one account and it's not something that anyone could do anything with anyway.  I'm going to see how it goes and then play it from there. 

Response by
echelonokie

2 Contributions
118 People Helped

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

Response by
rFergus4

1 Contribution
0 People Helped
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