In this article we will discuss Sharing your Netflix account with cord-cutters has never been easier. If you’re looking for ways to offset the expense of cord cutting, password sharing has historically been a handy. Simply swap login credentials with a friend or family member, and you’ll both have access to additional content without paying additional fees.
Slash, a new service, simplifies the value exchange process even more. Slash enables you to sign up for streaming services such as Netflix using virtual Visa payment cards and then share the credit card payments with others through their own bank accounts. It’s a way to spread the cost of cord-cutting without requiring each individual to pay for a separate service. (Alternatively, you can use Slash cards to initiate free trials without being billed at the conclusion.)
Although Slash is not the first method for facilitating subscription sharing, it is a slick way to ensure that everybody pays their fair share. And, while some streaming services can publicly express concern about this type of password sharing, I believe it ultimately benefits those services more than it hurts them.
Password sharing with Slash
Slash must check your identity before you can begin using the service. This is because Slash is creating new payment cards and exchanging money on your behalf. This requires you to include your social security number in addition to your name and address, which is admittedly unsettling.
Slash maintains that it does not store social security numbers on its own servers, but rather relies on a pair of well-regarded third-party providers to process and store the information.
Additionally, you must connect a bank account in order to pay off Slash‘s virtual cards, but this is a fairly simple process if you use online banking. Slash connects to your bank account through a commonly used service called Plaid during the setup process, and it never sees those credentials.
Once this is completed, you can begin creating virtual cards, each with its own unique nickname and monthly spending cap. When you click on a card, the full number, expiration date, and CVV code are shown, which you can use just like any other card when signing up for subscriptions online.
Slash enables you to build simulated credit cards with monthly spending caps.
Additionally, each card can be exchanged by clicking a “Add” button, which creates a connection that you can send to other Slash users. If they sign up, Slash will break their monthly payments automatically. Each card supports up to five payees, and you can currently have up to ten cards.
Even if you’re not sharing subscriptions via Slash, it’s useful for signing up for free trials without linking your real credit card. Slash recommends setting a spending cap of $2 for this reason, which should be sufficient to complete the signup process but not sufficient to be billed at the trial’s conclusion. While streaming services in general seem to be moving away from free trials.
Challenges with Slash
The only issue is that Slash lacks a mechanism for sharing your real login credentials. To accomplish this, you can either use a standalone service like Jam, exchange logins with a password manager, or use the more traditional method of simply telling people what your credentials are.
Is Slash’s password exchange service legitimate?
As is the case for any service that facilitates password sharing, Slash operates in an ethical grey area (and using another person’s password may be deemed illegal under a broad interpretation of the Computer Fraud and Abuse Act).
The terms of service for streaming services usually stipulate that accounts can be shared only within the same household, and media companies have been known to complain about the issue of password sharing. Netflix recently took it a step further, piloting a framework that requires additional verification—via email or text message—in alleged instances of account sharing.
Despite the public outcry, I’m not persuaded that streaming platforms are too concerned with the kind of casual sharing that Slash facilitates.