Homey Cloud Backup - (part of Homey Pro Backups subscription)

Due to my specific concern of passwords (possibly) being stored unencrypted:

Can you completely disable automatic back-ups (even the initial one!), but still make manual backups?

My plan would be to:

  1. Permanently disable automatic backups
  2. Temporarily remove passwords, make a manual backup, and then re-add passwords (whenever I want to make a backup…)

Can this work?