Comment by Y_Y
9 days ago
My bank has an option to send me a notification every time I'm charged for something. I've noticed several bills that were higher than they should have been "due to a technical error". I'm certain some companies rely on people not checking and randomly add "errors".
Notably there's no way (known to me) that you can have direct debits sent as requests that aren't automatically paid. I think that would put consumers on an equal footing with businesses though, which is obviously bad for the economy.
Wasn’t aware about charge notifications. Looks like my bank supports that - thanks for the info!
> My bank has an option to send me a notification every time I'm charged for something.
Wait, your bank doesn't do that by default? I've always assumed it's default behavior of most banks.
It's normally an option in my experience. I have mine set for charges over $100. I don't want a notification every time I buy gas (I do check my statements every month though).
What is the harm in being notified when you buy gas? It doesn’t hurt anything, and I DO want to be notified if someone else buys gas on my card!
The discussion started as a way to avoid forgetting to cancel subscriptions or to catch subscription price increases; if you are setting your limit to $100, you aren’t going to be seeing charges for almost all your subscriptions.
I have my minimum set to $0, so I see all the charges. Helpful reminder when I see a $8 charge for something I forgot to cancel.
2 replies →
You had to opt in for my bank, and choose a minimum amount to be notified for. I chose $0, so I get notified for everything.
If it's random surely you'd get a discount sometimes!