Looking for advice on bank account set-up in 1Password

pomme4moi

I want to set up 1Password (version 4 for iOS) to hold my login and bank details for an account at Bank Of America (BOA). Looking for advice on which of the following options is better and why:

Option 1: Set up a Login item for BOA, using the custom fields to hold the questions and answers for BOA security questions, and for other login-related information. Then set up a Wallet item for BOA to hold non-login information (e.g., account name, account number, routing number, etc). Then set up a folder named BOA, and put the BOA Login item and the BOA Wallet item in the folder, so that all BOA items are in one easy-to-find place. So this option requires setting up three items in 1Password: a Login item, a Wallet item and a folder.

Option 2: Set up a Login item for BOA, using custom fields to hold the login-related items (e.g., security questions) and the non-login items (e.g., account number, routing number). Do not set up a separate Wallet item or folder.

Option 2 seems a bit cleaner, in that everything related to BOA is in one place. Is using Option 1 or Option 2 purely a matter of personal choice, or are there other reasons that favor Option 1 or Option 2? For example, is Option 2 less secure (because when 1Password unlocks the Login item to sign onto the BOA website, the other non-login information in the custom fields is exposed)?

Looking forward to your comments ...

khad

There really aren't any security implications. Only the specific piece of data that you need any any given moment is decrypted.

I have my checking accounts, savings accounts, credit cards, and other Wallet items stored in their appropriate templates in the Wallet category and only use the Login item as a Login item. My security questions are stored in the Notes field of the Login item for each copy and paste in the browser extensions.

I don't really use folders, but one or two of those separate items are probably tagged once or twice. This allows more flexibility than if I try to cram all the information for a single institution in a single Login item.

I hope that helps. Please let me know.

charlie98

given the uncertain future of TAGS I have adopted a naming convention based on when in a sequence information might be required. Using BOA as my example I store info like this
BOA1 login
BOA2 security ? 1 (I use generated passwords for the answer so I use an appropriate name and keep response in generated passwords)
BOA2 security ? 2
…
BOA3 account ####
BOA3 routing number ####

using this scheme search is your friend and you don't have to use folders or tags