Some people at my bank have had their bank account accessed by overseas hackers in recent years and some bank accounts were emptied, due to security breaches.
As T-Mobile is now requiring our bank account information to continue with our auto-pay discount, I would like to know the guarantees that T-Mobile have in place in the event of our bank account information being accessed. Will T-Mobile guarantee all of the deposit in our bank account? Will we have to sue T-Mobile for our bank deposits. I would prefer a small fee to use my credit card, rather than offering T-Mobile my bank account information as they have proven in the past that they are not secure. I have multiple lines so my Auto-Pay discount is $30. Thus, it is worthwhile to me to keep.
I also would like to know what the Bureau of Consumer Protection has to say about this matter and the responsibility of T-Mobile to not allow our information to be breached. I can much more easily replace a credit card than I can change my bank account. I would like to know that T-Mobile is taking this seriously and will guarantee our bank accounts if there is any security breach.