ALT Improving financial health for low-income households: By giving consumers easier access to their own financial data, the CFPB's 1033 rule would empower low-income households with EBT accounts to more easily budget and plan. Similar to many low-dollar bank and debit card accounts, EBT accounts used for public benefits are typically spent down to $0 each month. These household's thin margins put a premium on budgeting and planning and make it essential to know their balance to the penny and to the minute. Detecting EBT or benefits theft: The CFPB's 1033 rule empowers low-income households with EBT accounts with access to more detailed historical data critical for identifying out-of-state or unrecognized transactions. Unlike credit cards, EBT cardholders don't have banks monitoring suspicious activity for them. With EBT fraud and public benefits theft becoming increasingly prevalent over the past two years, ensuring reliable electronic data access to identify fraudulent transactions.