I’d really like to link my existing credit card in Monzo using the in-app feature, however, entering the credentials for my main savings / credit account really goes against the grain of Internet security 101.
I’d like people’s experiences of how this works, if they have found it beneficial and what information there is out there on how secure this process is.
Don’t get me wrong, I trust Monzo as I would any other bank but I don’t like the idea of a third party (TrueLayer) storing the credentials (in whatever form) for the place where I store my savings.
I know an easy response will be “Well if you don’t trust it, don’t use it” and that’s fair, but I’d rather get past my insecurities with helpful reassuring information and adopt this feature.
Not too sure what I am looking for, but any help will be appreciated!