The Benjamin App. We’ve talked about the app before. We’ve given a pretty in-depth review on whether the app is legit or a scam. After downloading the application and getting things set up, you learn it wants to connect to both your bank account and your debit card. This is where most of us run into an anxiety wall. One big question comes to mind:
Is the Benjamin App safe to connect to my phone?
We understand. After all, you shouldn’t just connect your bank and debit information to every app that offers a cashback opportunity. Let’s talk about it.
Why Does The App Need My Banking Information?
First and foremost, the Benjamin App is a cashback app. The only way the app can effectively give you cashback on your spending is to have access to your transactions. The app does not cost anything. It will never charge your account anything. It, however, does need access to this information if you want to take advantage of the cashback rewards. This is largely the reason for using the app to make some extra cash.
Basically, the app gives you a percentage of cashback for every single time you swipe your debit card. The percentage goes up with the more you use the app and the more you earn. Eventually, you will hit the top tier though.
Keep in mind: The app only gives cashback on debit card purchases. It does not give cashback on Zelle payments, Paypal transfers, or bank transfers.
Benjamin App
So, Is The Benjamin App Safe To Connect To?
Absolutely! Connecting your bank account and debit card to the Benjamin App is like adding a lock to your front door. It’s designed to be safe and secure, ensuring that only you have access to your financial information.
The Benjamin App partners with Plaid, a top-notch financial technology company known for its stringent security measures. Plaid acts as a bridge between your bank and the Benjamin App, securely transferring your financial data without storing it themselves. This means your sensitive information stays encrypted and out of reach from potential threats.
Why is this important? Think of Plaid as a super secure mailman. They pick up your financial info from your bank, deliver it safely to the Benjamin App, and never keep a copy for themselves. This keeps your data secure and your mind at ease.
Benjamin Cashback App
What Is Plaid & Why Is It Safe?
Plaid is like the superhero of financial technology companies. Their job is to connect your bank accounts, credit cards, and other financial tools with apps like Benjamin, while keeping your data safe and secure at the same time. Basically, Plaid allows these apps to see your data. They, however, really can’t do anything with it.
Here’s why Plaid is a superhero in the world of finance:
- Advanced Encryption: Plaid uses some of the highest encryption protocols available. This means your financial data is scrambled into a code that only you and your bank can read. Even if someone tried to intercept your data, all they would see is gibberish!
- Transport Layer Security (TLS): This is like a secure tunnel for your data. When your information travels from your bank to the Benjamin App, TLS ensures it stays private and protected.
- Multifactor Authentication (MFA): Plaid uses MFA, which means even if someone got your password, they’d still need another form of identification (like a code sent to your phone) to access your account. This adds an extra layer of security.
The Benjamin App’s partnership with Plaid ensures that your financial information is handled with the utmost security. By using advanced encryption protocols, secure data transmission, and multifactor authentication, Plaid acts as a strong guardian of your data. This means you can enjoy the benefits of the Benjamin App, such as tracking your finances and earning cashback, without worrying about your sensitive information falling into the wrong hands.
Benjamin App Withdrawal Minimum Changed Screenshot
Remember, while it’s essential to be cautious about where you share your bank and debit information, the Benjamin App’s use of Plaid provides a solid layer of protection. So, take a deep breath and feel confident that linking your accounts to the Benjamin App is a safe, secure, and smart choice for boosting your extra cash flow. Happy earning, mamas!
