What does Bright Money do with your personal information?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and checking account information

  • Account balances and transaction history

  • Credit card or other debt and credit history

How?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Bright Money chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Bright Money share?

Can you limit this sharing?

For our everyday business purposessuch as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes—to offer our products and services to you
No
We don't share
For joint marketing with other financial companies
No
We don't share
For our affiliates to market to you
No
We don't share
For non-affiliates to market to you.
No
We don't share

Who we are?

Who is providing this notice?

Bright Capital Inc

What we do?

How does Bright Money protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards such as SSL encryption and secured files and buildings. We collect your personal information, for example, when you

  • provide account information

  • make deposits or withdrawals from your account or tell us about your investment or retirement portfolio

  • give us your contact information or give us your income information

We also collect your personal information from others, such as credit bureaus, affiliates or other companies to help us make our product better. We work with various analytical tools such as Google Analytics, Mixpanel, Amplitude, Quantcast to improve product.We collect certain types of information sent by user’s mobile device. This information may include the type of device in use, operating system, the device identifier (or “UDID”), user’s IP address, mobile network information, and standard web log information, such as your browser type traffic to and from our app, the pages you accessed on our app, and other available information. We may also collect information about your use of our mobile application.

Why can’t I limit all sharing?

Federal law gives you the right to limit only

  • sharing for affiliates’ everyday business purposes—information about your creditworthines

  • affiliates from using your information to market to you

  • sharing for non-affiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and non-financial companies. Bright Money does not share with our affiliates

Non-affiliates

Companies not related by common ownership or control. They can be financial and non-financial companies. Bright Money does not share with non affiliates so they can market to you

Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Bright Money doesn’t jointly market.