FIA Card Services can share your info even after you close your account?!?
From the FIA Card Services (aka Evil Spawn of the Bank of America+Fleet and Bank of America+MBNA mergers) Privacy Policy (emphasis added by me):
This notice describes the privacy practices of FIA Card Services for consumer financial products and services governed by the laws of the United States of America and applies to open, closed and inactive accounts with FIA Card Services.
For some reason, this concerns me a little bit.
I have two open accounts with them right now, and am going to go ahead and opt out of their information sharing options for both accounts. But it’s not people like me that I’m concerned about.
I’m concerned about people who may have ever had an account with Bank of America, MBNA, or any of the other credit card companies that they have collectively gobbled up over the years. People who may have canceled their cards long ago, cut them up, and forgotten all about them. People who may have even thrown away all of their bills/terms/etc., because it’s been so long.
According to the paragraph quoted above, FIA Card Services may share their information with other companies, even if their accounts are closed! Maybe I’m just naïve, but I never would have imagined that after I closed a credit card account, and stopped doing business with a company, they might still share my personal data with arbitrary third parties.
I’ll bet they don’t still mail annual Privacy Policy notices to everyone who has closed accounts. But, all of this may be a moot point. The wording is ambiguous enough that even though they *might* do something with that data, they probably don’t, and I have no positive proof that they actually do engage in this unethical practice. So, they get the benefit of the doubt, for now. But it’s still creepy, and they’re still evil for other reasons.



