{"id":10286,"date":"2022-09-08T00:00:00","date_gmt":"2022-09-08T00:00:00","guid":{"rendered":"https:\/\/www.techhive.com\/article\/1061849\/control-your-streaming-costs-with-limited-use-credit-cards.html"},"modified":"2026-10-09T13:55:59","modified_gmt":"2026-10-09T13:55:59","slug":"control-your-streaming-costs-with-limited-use-credit-cards","status":"publish","type":"post","link":"https:\/\/advisorator.com\/members\/2022\/09\/08\/control-your-streaming-costs-with-limited-use-credit-cards\/","title":{"rendered":"Control your streaming costs with limited-use credit cards"},"content":{"rendered":"<h3>Privacy.com&#8217;s virtual cards can help you stick to a streaming budget and avoid bill shock.<\/h3>\n<p><strong>Published: Sep 8, 2022 3:00 am PDT<\/strong><\/p>\n<p><img decoding=\"async\" alt=\"Privacy.com virtual card for Hulu + Live TV with $55 monthly spending limit\" src=\"https:\/\/advisorator.com\/members\/uploads\/cc-images\/hululimited.jpg\" \/><\/p>\n<p><em>As an Advisorator member, you have access to ad-free, uncluttered versions of every cord cutting column I&#8217;ve written, dating back to 2014. <a href=\"https:\/\/advisorator.com\/members\/cord-cutting-columns\/\">View the full archives here<\/a>, and see <a href=\"https:\/\/advisorator.com\/members\">all your membership benefits here<\/a>. Thanks, and enjoy!<\/em><\/p>\n<p>When a streaming service offers a deal on multiple months of service, they\u2019re clearly hoping you won\u2019t bother to cancel once the discount period is up.<\/p>\n<p>So here\u2019s a way to fight back: Instead of using your regular payment method, sign up with limited-use credit card through <a href=\"https:\/\/privacy.com\">Privacy.com<\/a>. With this free service, you can create virtual credit cards that each have their own spending limits, letting you avoid bill shock when your promotional period is over.<\/p>\n<p>Right now, for instance, <a href=\"https:\/\/www.kmtrak.com\/NL5B25\/3HZ765S\/?uid=723\">Hulu + Live TV<\/a> is offering new and returning subscribers a $20-per-month discount for three months of service, bringing the price to $50 per month. A virtual card would prevent Hulu from charging you any more than that amount, so you can rest easy knowing you won\u2019t get auto-billed at the regular $70 rate a few months from now.<\/p>\n<h2>How to use virtual cards for streaming services<\/h2>\n<p>Here\u2019s how to start creating virtual cards:<\/p>\n<ul>\n<li>Head to <a href=\"https:\/\/privacy.com\">Privacy.com<\/a> and select \u201cGet Started.\u201d<\/li>\n<li>Enter your email address, create a password, then check your email to verify your account.<\/li>\n<li>Back on Privacy.com, select \u201cCreate my first card.\u201d<\/li>\n<li>Give your card a name, set a spending limit (which you can modify later), then connect a funding source.<\/li>\n<\/ul>\n<p><img decoding=\"async\" alt=\"Setting up a virtual card on Privacy.com\" src=\"https:\/\/advisorator.com\/members\/uploads\/cc-images\/privacycomstarted.jpg\" \/><\/p>\n<p><em>Credit: Jared Newman \/ Foundry<\/em><\/p>\n<p>As part of the initial setup, you\u2019ll need to enter your name, address, phone number, and the last four digits of your social security number. That might seem unnerving, but it\u2019s necessary to comply with <a href=\"https:\/\/en.wikipedia.org\/wiki\/Know_your_customer\">financial regulations<\/a>.<\/p>\n<p>After providing those details, you can connect the service to your bank account. Just choose your bank from the list, then follow the setup steps to log into your account. Privacy.com <a href=\"https:\/\/support.privacy.com\/hc\/en-us\/articles\/7971104266519-What-is-Plaid-\">uses a service called Plaid<\/a> to connect with your bank, and <strong>does not store your bank\u2019s login credentials<\/strong>.<\/p>\n<p>Once you\u2019ve created a card, simply copy and paste the card number, expiration date, and security code into your streaming service\u2019s payment form, and Privacy.com will take care of enforcing your spending limits.<\/p>\n<h2>Setting your streaming spending limits<\/h2>\n<p>When creating a card, the trick is to figure out what sort of spending limits to create. To that end, Privacy.com offers a handful of options:<\/p>\n<ul>\n<li>Limited amount per month<\/li>\n<li>Limited amount per year<\/li>\n<li>Limited amount per transcation<\/li>\n<li>Total spending limit<\/li>\n<li>Single-use<\/li>\n<\/ul>\n<p><img decoding=\"async\" alt=\"Privacy.com spending limit options\" src=\"https:\/\/advisorator.com\/members\/uploads\/cc-images\/privacyspendlimits.jpg\" \/><\/p>\n<p><em>Credit: Jared Newman \/ Foundry<\/em><\/p>\n<p>Going back to our Hulu + Live TV example, you could set a monthly limit of $55, which is the base price plus enough to cover sales tax (if applicable). After the three-month promo period is over, Hulu would attempt to charge you $70, fail due to insufficient funds, and cancel the subscription automatically.<\/p>\n<p>Alternatively, let\u2019s say you wanted to keep Hulu + Live TV through the end of football season. In that case, you could set a total spending limit of $315, which would cover three months at the promotional rate and two more months at regular price. At that point, Hulu would fail to charge your card for another billing cycle, and your subscription would end with no further intervention on your part.<\/p>\n<p><strong>Just one caveat:<\/strong> Make sure you don\u2019t have any <em>other<\/em> payment methods on file when using a virtual card. That way, there\u2019s no risk of being charged on a different card after Privacy.com fails.<\/p>\n<h2>More uses for virtual cards<\/h2>\n<p>Hulu isn\u2019t the only service for which a virtual card might be useful. As of this writing, for instance, <a href=\"https:\/\/www.peacocktv.com\/\">Peacock is offering up to a year of Premium service<\/a> for $2 per month, and we\u2019re sure to see some similar multi-month deals as the holidays approach. For each service that\u2019s offering a discount, you could create a separate virtual card to keep costs under control.<\/p>\n<p>Even for regularly-priced services, a virtual credit card can help you evaluate your TV spending. You might, for instance, give yourself a six-month budget for Netflix, then reconsider whether it\u2019s still worth a subscription when your virtual card stops working.<\/p>\n<p>Privacy.com lets you create up to 12 virtual credit cards per month at no charge, which should be plenty unless you\u2019ve <a href=\"https:\/\/www.techhive.com\/article\/584035\/the-cost-of-all-these-streaming-services-adds-up.html\">really gone overboard with streaming services<\/a>. But if you do need more than that, the site offers a \u201cPro\u201d tier for up to 36 cards per month, plus some extra perks such as cash back.<\/p>\n<h2>Privacy.com vs. other options<\/h2>\n<p>Privacy.com isn\u2019t the only way to limit your streaming spending.<\/p>\n<p>For years, I\u2019ve recommended <a href=\"https:\/\/www.techhive.com\/article\/583813\/the-one-subscription-trick-all-cord-cutters-should-know.html\">cancelling streaming services immediately after sign-up<\/a>, as you\u2019ll still get the billing period you paid for, and won\u2019t get auto-billed at the end. This is still a viable strategy, but only if you\u2019re looking to subscribe one billing cycle at a time.<\/p>\n<p>You may also be able to use prepaid debit cards or gift cards to sign up for streaming services, but some services don\u2019t allow for this, and setting them can be a hassle.<\/p>\n<p>By comparison, using Privacy.com is pretty easy once you\u2019ve gone through the initial setup\u2014it even <a href=\"https:\/\/blog.1password.com\/privacy-virtual-cards\/\">integrates with 1Password<\/a>, so you can create cards through the password manager itself\u2014and it\u2019s extremely satisfying to see in action.<\/p>\n<p>As an added bonus, Privacy.com sends you an email every time it completes\u2014or denies\u2014a transaction, so you\u2019re never in the dark about which services you\u2019re paying for and how much you\u2019re paying for them.<\/p>\n<p>The streaming providers themselves aren\u2019t always so courteous.<\/p>\n<p><em>Sign up for my <a href=\"https:\/\/cordcutterweekly.com\">Cord Cutter Weekly newsletter<\/a> for even more strategies to lower your TV bill.<\/em><\/p>\n<h4><a href=\"https:\/\/advisorator.com\/members\/cord-cutting-columns\/\">Read more cord cutting columns<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Privacy.com&#8217;s virtual cards can help you stick to a streaming budget and avoid bill shock. Published: Sep 8, 2022 3:00 am PDT As an Advisorator member, you have access to ad-free, uncluttered versions of every cord cutting column I&#8217;ve written, dating back to 2014. View the full archives here, and see all your membership benefits [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[43],"tags":[],"class_list":["post-10286","post","type-post","status-publish","format-standard","hentry","category-cord-cutting-columns"],"featured_image_src":null,"author_info":{"display_name":"Jared Newman","author_link":"https:\/\/advisorator.com\/members\/author\/jnewman\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Control your streaming costs with limited-use credit cards - Advisorator<\/title>\n<meta name=\"robots\" content=\"noindex, nofollow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Control your streaming costs with limited-use credit cards - Advisorator\" \/>\n<meta property=\"og:description\" content=\"Privacy.com&#8217;s virtual cards can help you stick to a streaming budget and avoid bill shock. Published: Sep 8, 2022 3:00 am PDT As an Advisorator member, you have access to ad-free, uncluttered versions of every cord cutting column I&#8217;ve written, dating back to 2014. 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