I don't know if this is a recent policy change, but it is not the complete amount but only 50% of the remaining annual amount as per their website[1].
If it were something involving physical goods or services I can understand, but 50% penalty is still a crazy amount for a hosted software service.
Think about it: you're in control. Not being at the mercy of... whoever is great. You said it yourself: attempt.
Why play with your money? The toys/experiences it can afford are way more fun.
Chargebacks are more effort, and IIRC, weigh negatively on you as well. Can only do so many. I expect your bank would take issue if you really relied on this strategy.
Painful to unsub? How terrible for them. I can be painful to bill. PLONK says the pause button.
Learned everything I needed to know from gyms. If they don't take a virtual card, but want bank details/etc... they're on some bullshit. Pass.
Last I used Revolut 2 years ago, they even had a "disposable" virtual card, meaning after 1 charge it's automatically deleted.
> Hi, Firstname
> I've been reviewing your dispute and wanted to touch base with you to explain what happened.
> It appears that the disputed charge is a "force post" by the merchant. This happens when a merchant cannot collect funds for a transaction after repeated attempts and completes the transaction without an authorization — it's literally an unauthorized transaction that's against payment card network rules. It's a pretty sneaky move used by some merchants, and unfortunately, it's not something Privacy can block.
It's also very obviously not against the payment network rules, otherwise privacy.com wouldn't be actively participating.
Note, their name isn't SpendingLimit.com.
This shook me plenty and I no longer use them for anything I actually need a spending limit on. They're still good for their namesake privacy, with a very limited scope (i.e. scummy merchants), but it's a very thin veil and easy to pierce.