Federal law limits your opt-out rights to specific categories of data sharing, but state laws — particularly in California — may give you additional rights to control how your financial information is used.
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
This provision establishes the operative scope of opt-out rights available under federal privacy law, defining which sharing practices fall within permissible categories that consumers may limit. The acknowledgment of state law variations creates a framework where Chime's actual restriction obligations may exceed the federal baseline described here, depending on applicable state regimes.
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 →California residents and consumers in states with stricter financial privacy laws may have additional opt-out or opt-in rights not fully described in this federal GLBA notice, meaning you should separately inquire about your state-specific rights to ensure you are exercising full control over your financial data.
How other platforms handle this
When you use them, we'll validate your request by verifying your identity (for example, by confirming that you're signed in to your Google Account).
Client will not... (ii) interfere with any independent efforts by Plaid to provide End User notice or obtain End User consent
Not be Discriminated Against by us for exercising your privacy rights.
"Federal law gives you the right to limit only: sharing for affiliates' everyday business purposes — information about your creditworthiness; affiliates from using your information to market to you; sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing.Excerpt from Chime's Privacy Policy
1) REGULATORY FRAMEWORK: This provision references the GLBA limitation on federal preemption, acknowledging that state laws may provide additional consumer rights (15 U.S.C.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Search "[your state] attorney general consumer complaint" to find your state's direct complaint form
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
Get the research letter
Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean.
This provision establishes the operative scope of opt-out rights available under federal privacy law, defining which sharing practices fall within permissible categories that consumers may limit. The acknowledgment of state law variations creates a framework where Chime's actual restriction obligations may exceed the federal baseline described here, depending on applicable state regimes.
California residents and consumers in states with stricter financial privacy laws may have additional opt-out or opt-in rights not fully described in this federal GLBA notice, meaning you should separately inquire about your state-specific rights to ensure you are exercising full control over your financial data.
ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Chime.