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Keep in mind you're only liable for the first $50 in fraud on a credit card. In practice most US institutions will cover 100% of credit or electronic banking losses.

On the flip side, any SAAS that monitored your bank transactions would likely be more interested in developing and selling a profile of you than protecting you.



My idea was that the private,non-SAAS tool could track your total purchases on a particular category (food, gas, restaurants), or even a specific store, and inform you when you are blowing your budget. ("Hey, that latte put you over for the month. Better cut back").




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