&gt; <i>&quot;They however do control access to the account. This means there&#x27;s a point where they get all sorts of data on me, and while I personally don&#x27;t mind, I must admit I felt a bit safer when I thought it was a smaller, purpose-built company managing things.&quot;</i><p>I&#x27;ve never really understood the appeal of account-based password managers. It was a startup and it needed a business model, sure, so from the company&#x27;s perspective it makes sense. But from a customer&#x27;s perspective you&#x27;re accepting a new type of risk that you don&#x27;t have to worry about if you use a glorified encrypted list (e.g. KeePass) to manage passwords. The payoff is convenience, but personally no amount of convenience is enough to make me comfortable with storing all of my encrypted passwords on a single server somewhere and hoping that there are no exploitable security vulnerabilities (or malicious insiders who might seek to profit from finding or introducing them). Having an offline password manager that never uploads data to a server provides defense in depth, though it&#x27;s less convenient.