this post was submitted on 27 Aug 2023
37 points (91.1% liked)
Personal Finance
3803 readers
1 users here now
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm based in Europe, so banks are legally bound by GDPR. There does not seem to be any mention of third parties in the terms of service, and I have never explicitly agreed for them to share my data with anyone after that. So legally, they should not be able to sell my data. It seems to me you are US-based, and maybe finding a credit card that does not by default sell your data is difficult there?
Your comments have made me very curious about the extent of data collection by the bank, though, so I have just requested to see what data they have stored on me. If I can't find any direct mention of third parties in the data dump, I will also directly ask them whether they share my data with third parties, and if so, with which.