Ask HN: Debitize is shutting down, any alternatives?
Any alternative solutions to keep the same basic idea?
I am writing to let you know that Debitize has been acquired by Trim (www.asktrim.com). Debitize will be wound down and will not make any new withdrawals. All payments to your cards should be completed in the next week.
This is incredibly bittersweet for us and I know many of you will be very disappointed with this news. Along with the rest of the Debitize team, I have spent years building out this product and have been inspired by some of the messages we have received from you and some of the results you’ve shared with us. While we remain dedicated to improving financial health, it has become clear to us that our business model is not sustainable on its own. Although this is the end of the Debitize story, your financial journey doesn’t end here. Trim is here to (edit not be debitize) ...
We have listed below important information on what will happen next with your accounts.
Important Dates Starting today, 4/6: There will be no new withdrawals from your checking account to Debitize Wednesday 4/10: Last day of automatic bill scheduling Sunday 4/14: Any remaining funds in your Debitize account will be transferred back to your checking account (IMPORTANT – Please do not unlink your checking account until we transfer all your money back to you) Saturday, 4/27: All bank and credit card accounts will be unlinked if you have not already done so Sunday 5/26: App and website will be disabled.
How to Close Your Debitize Account
If you have money in your Debitize account, please make sure your checking account is still linked. Funds will be transferred back automatically.
Otherwise, there is no need to do anything. Debitize will automatically unlink your banks and close your accounts within 3 weeks...