Chime shares your financial and personal information with its partner banks (The Bancorp Bank and Stride Bank) and service providers as part of operating its financial services.
This analysis describes what Chime's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
Because Chime is a financial technology company and not a bank itself, your account and financial data flows to Chime's bank partners, which means your information is governed by multiple entities' privacy practices and regulatory obligations simultaneously.
The updated privacy notice now explicitly discloses that Chime shares customer information with other financial companies for joint marketing purposes, whereas the prior 2017 version stated Chime did not engage in this sharing. This represents a material change in the stated data handling practice. Under the updated terms, customers can limit this sharing by logging into their Chime account at chime.com or through the Chime Mobile application and updating their Privacy Settings.
View change record →The updated policy no longer explicitly discloses whether Chime or its banking partner The Bancorp shares personal information for specific purposes such as marketing, joint marketing, or affiliate use. Previously, each sharing scenario included a 'Yes' or 'No' answer and stated whether customers could limit sharing. The revised policy directs users to login to chime.com or the Chime Mobile application and update their Privacy Settings to control sharing. You can adjust sharing preferences through your account settings, but the policy no longer itemizes which sharing practices are subject to customer limits.
View change record →The updated notice states Chime no longer shares your personal information (such as transaction history and creditworthiness) with other financial companies for joint marketing purposes. This is a narrowing of third-party data sharing compared to the prior language. The notice also clarifies that Chime does not share certain affiliate information, which may further limit how your data is used by related companies. These changes reduce the scope of data sharing disclosed in the privacy notice.
View change record →Your financial account data, including account balances, transaction history, and personal identifying information, is shared with Chime's bank partners and potentially their affiliates, expanding the set of institutions that hold and process your financial information.
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If you choose to reveal any personal information about yourself to other users, you do so at your own risk. We strongly encourage you to use caution in disclosing any personal information online.
You can contact us in order to (1) update or correct your personally identifiable information, (2) change your preferences with respect to communications and other information you receive from us, or (3) delete the personally identifiable information maintained about you...
Access information about you consistent with legal requirements. In addition, you may have the right in some cases to receive or have your electronic information transferred to another party.
"We may share your personal information with our bank partners, The Bancorp Bank, N.A. and Stride Bank, N.A., and their affiliates, as well as with service providers who perform services on our behalf, in accordance with applicable law, including the Gramm-Leach-Bliley Act.Excerpt from Chime's Privacy Policy
REGULATORY LANDSCAPE: The GLBA Privacy Rule requires financial institutions to provide consumers with notice of their information sharing practices and an opportunity to opt out of sharing with nonaffiliated third parties in most circumstances.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
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Because Chime is a financial technology company and not a bank itself, your account and financial data flows to Chime's bank partners, which means your information is governed by multiple entities' privacy practices and regulatory obligations simultaneously.
Your financial account data, including account balances, transaction history, and personal identifying information, is shared with Chime's bank partners and potentially their affiliates, expanding the set of institutions that hold and process your financial information.
ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.
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