[asiachick]

given Apple's new spying stance I'm not sure I want to allow the to store my passwords

[jumhyn]

May not make a difference if you don’t take Apple at their word but iCloud Keychain is among the services/data encrypted end-to-end[1] and there’s no exception mentioned for iCloud backup (like there is for Messages).

[1]: https://support.apple.com/en-us/HT202303