Whoa! I didn't know they used Plaid. Plaid's terms are even more alarming. Why does Plaid need all this information?

"The types of information we collect from your financial institutions may include, but are not limited to:

Account information, including financial institution name, account name, account type, and account and routing number;

Information about an account balance, including current and available balance;

Information about credit accounts, including statement due dates and balances owed, payment amounts and dates, transaction history, and interest;

Information about loan accounts, including due dates, balances, payment amounts and dates, interest, loan type, payment plan, and term;

Information about the account owner(s), including name, email address, phone number, and address information.

Information about account transactions, including amount, date, type, and a description of the transaction."

src: https://plaid.com/legal/

A large part is because that’s how your bank exposes it. There’s not that much granularity in bank account access.

Another part is they’re not going to tailor the terms of service per usecase, they’ll list everything they can do, then narrow it down per application

What?!

They don't have to _collect_ it. They can say that we have access to it but will only collect it when you use a related product.

Did you read your own comment or are you too busy trying to force outrage...

The types of information we collect from your financial institutions _may include_, but are not limited to