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I'd prefer it if they simply weren't allowed to collect it in the first place.
And I don't think it would be viable, because no fucking way am I giving these parasites any banking information so they could pay me a pittance of what they get. They'd fucking sell that too!
It should be a requirement that you can see your own profile at any time, see everything they know about you, be able to edit it (including clearing it, and not with a billion checkboxes either), and lock it to prevent further modification and addition by themselves.
Well, partial good news for you, friend! (Assuming you're in the US)
California's new CPRA law went into effect at the start of the year. As part of that law, CA residents can request to see their data, be deleted or edit it. Since it's hard to validate whether someone is actually a resident or not, most places just allow everyone to do those things now.
But there are some big caveats. One is that getting access to your data can be complicated. There's a risk of, e.g. an evil-ex requesting your info in order to stalk you, so some places will just confirm or deny the info you send. "Do you have my name? How about this email address?", etc, but you can't say "Gimme everything for ".
You can ask for all your personal data to be deleted. But the law says to delete everything... Which includes the fact that you made such a request, so the next time data about you arrives, the company has no record to indicate they should not collect it.
It's a start.