Forum Discussion
what's up with T-mobile removing autopay discount for credit cards?
- Hace 2 años
That was announced months ago. It is because credit card companies charge a service charge that is based on the percentage of every transaction, which eats into T-Mobile's revenue. Removing the auto pay discount for credit cards negates that.
syaoran wrote:That was announced months ago. It is because credit card companies charge a service charge that is based on the percentage of every transaction, which eats into T-Mobile's revenue. Removing the auto pay discount for credit cards negates that.
But unfortunately T Mobile does NOT have a track record of security their customers PII (Personal Identfying Information) along with any banking account data.
November 2019 - 1 Million Pre-Paid customers had their data stolen
March 2020 - Another hacking in which T Mobile did not disclose the number of affected customers
August 2020 - 2 Million customers had their data stolen
December 2020 - 200,000 customer had their data stolen
August 2021 - 40 Million customers had their data stolen
January 2023 - 37 Million customers had their data stolen
April 2023 - 836 customers had their data stolen
That is 7 breaches of data in the last 4 years.
This information can be found easily on the Firewall Times website.
Furthermore, in reviewing the company's Annual statements and a continued search on the web, they do not have any SOC 2 Reports (System and Organizational Controls) These report would indicate the vetting of their own security systems as well as any third parties that they would enter into agreements with. Someone in the Corporate Compliance and Audit department is not doing the due diligence in ensuring their internal systems and controls could handle data integrity losses.
With all said above, it is not worth the $60 savings annually that I would receive as my bank accounts and the hassle of dealing with lost personal information is worth more than that. They can send me a paper bill for me to pay them.
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