Chime updated its privacy notice to restructure how it discloses data sharing practices and opt-out mechanisms. The revised notice reorganizes the sharing disclosure table into a more detailed format with explicit 'Does The Bancorp share?' and 'Can you limit this sharing?' columns for each category. The updated terms also shift the opt-out mechanism from phone and website contact to submission through the Chime Privacy Hub, add state-specific disclosures for California, Vermont, Nevada, and North Dakota residents, and clarify that joint marketing with other financial institutions is now permitted.
Consumers: To opt out of data sharing, you must now use the Chime Privacy Hub instead of calling or visiting the website.
Consumers: Chime now explicitly states it shares data with other financial institutions for joint marketing purposes, such as offering financial products and services.
Consumers: Residents of certain states now have additional privacy protections and opt-out options specific to their state laws.
The updated privacy notice restructures how Chime discloses its data sharing practices and changes the mechanism for opting out of certain sharing. The revised terms now explicitly state that Chime permits joint marketing with other financial institutions and clarifies sharing practices for everyday business purposes, marketing, and nonaffiliate marketing. You can limit sharing for nonaffiliate marketing and certain affiliate practices by submitting an opt-out through the Chime Privacy Hub; state-specific opt-out mechanisms are also available for California, Nevada, and North Dakota residents.
→ Review the updated privacy notice to understand which data sharing practices you can limit.
→ If you wish to opt out of data sharing for nonaffiliate marketing or certain affiliate practices, submit an opt-out through the Chime Privacy Hub.
→ If you are a California, Nevada, or North Dakota resident, review state-specific opt-out mechanisms available in the updated notice.
Changed from phone and website contact to submission through Chime Privacy Hub.
Explicitly permits joint marketing with other financial institutions, with examples of joint marketing partners provided.
Added or revised disclosures for California, Vermont, Nevada, and North Dakota residents reflecting applicable state privacy laws.
This change record describes what was added, removed, or modified in the document. Analysis reflects what the updated agreement states or permits. It does not constitute a legal determination about enforceability. Applicability may vary by jurisdiction. Methodology
Wording edits to this record that do not change what it claims. Changes to a claim are published as corrections.
Chime revised its Bancorp Consumer Privacy Notice to restructure data-sharing disclosures and update opt-out procedures. The change adds explicit authorization for joint marketing with other financial institutions, clarifies affiliate and nonaffiliate sharing practices, and shifts …
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