First, I understand that the best options are cash, gift cards, burner cards, XMR, etc. However, that isn’t practical for my day to day use. My goal is minimizing how much information is collected/sold by advertisers.
I need a new physical credit card and figured I should look for one with a decent privacy policy. I’m curious if anybody has any suggestions.
The only one that I’ve found even decent so far is Apple’s card, but I don’t have an iPhone. I also know Apple is generally disliked on here.
I love virtual cards. I use privacy.com for all my online stuff. Not a solution for this purpose unfortunately.
As for your divide-it-up approach, that’s an interesting thought. I guess I’m a little concerned about signing up for several cards with several companies and several privacy policies. Feels a little weird to me, but I do see the merit in not having all your eggs in one basket.
As far as the Apple Card and Goldman Sachs is concerned, I’m still trying to figure out which details are given to whom. Its hard to find info about it. I wouldn’t be surprised if you’re right and it’s the same as any other card from Goldman Sachs.
My schtick was that every 12-18 months I’d get a bonus offer, spend 1000 get 200 back, that type of deal, then get that card, hogpile it for a month, get that 20% discount, then add it to the pile of cards with which I can split up spending. It worked really well for me, def worth a shot to build up like that
Tell me you either don’t love in the US, or don’t understand what a credit score is, without telling me…
Every time you open a credit card, you get a “hard credit check”. You get one(?) freebie a year, then it starts significantly dropping your credit score. Having a larger amount of unused credit available to you will slightly increase your score, but having too many less of credit (e.g. >5) will significantly harm it.
All that said, credit scores are a scam, but do affect your ability to get a car or home loan, or rent a place to live.
Hard pass on their privacy policy. They have to collect lots of identifying data to do financial transactions in the US, and they don’t currently sell that data, but:
They’re a startup that just had a huge Series A in 2021. If they’re at all successful they’ll almost certainly get purchased by a mega bank that primarily wants all that sweet sweet private data that’s been getting collected but not shared all along.