Who is providing this notice?
This notice is provided by TD Bank solely with respect to your Target Card. This notice applies only to your Target Card account issued by TD Bank and does not apply to any other accounts you have with TD Bank or its affiliates.
What we do
How does TD Bank 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 and secured files and buildings.
How does TD Bank collect my personal information?
We collect your personal information, for example, when you:
- open an account or give us your contact information- use your credit card
- provide account information - pay us by check
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
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 creditworthiness- TD Bank does not share this type of information with its affiliates unless you provide consent
- TD Bank does not share information for its affiliates to market to you unless you provide consent
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
- TD Bank’s affiliates include those companies that control, are controlled by or are under common control with TD Bank US Holding Company or The Toronto-Dominion Bank.
Non-affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
- Non-affiliates we share with may include vendors of products and services that you have purchased, or that we believe will be of interest to you, financial service providers or non-profit organizations.
- For example, Target is a non-affiliate of TD Bank.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- Our joint marketing partners may include other banks, investment firms or insurance companies.
Other important information
Please keep in mind that we share information about you with Target for use in connection with the TargetCredit Card program and as otherwise permitted by law. They may use this information to maintain and serviceyour account, create and update their records, to answer questions about your account and perform otherTarget Credit Card program functions or for other purposes permitted by law. Federal law does not give youthe right to limit such sharing. Target, or its affiliates, may also use the information we share to provide you withmarketing offers. You can limit this type of sharing, as described on page 1 of this notice. We can change ourprivacy notice at any time and will let you know if we do if/as required by applicable law.
California and Vermont Residents: We only share information with third parties as permitted by your state’s law.
As an expert in financial privacy and information security, I've had extensive experience navigating the intricacies of banking practices and regulations. My knowledge spans across various financial institutions, including TD Bank, and I can shed light on the specifics mentioned in the notice regarding personal information protection and sharing practices.
Let's break down the concepts mentioned in the article:
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Provider of the Notice:
- The notice is provided by TD Bank, specifically in relation to the Target Card. It's crucial to understand that the information presented is specific to the Target Card account issued by TD Bank and doesn't extend to any other accounts held with TD Bank or its affiliates.
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Protection of Personal Information:
- TD Bank employs security measures that comply with federal law to safeguard personal information. This includes the use of computer safeguards, secured files, and buildings. These measures are in place to prevent unauthorized access and use of customer data.
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Collection of Personal Information:
- Personal information is collected when customers open accounts, provide contact information, use credit cards, or furnish account information. Additionally, TD Bank may obtain information from external sources such as credit bureaus, affiliates, or other companies.
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Limiting Sharing:
- Customers have the right to limit sharing for specific purposes outlined by federal law. These include sharing for affiliates' everyday business purposes related to creditworthiness and using information for marketing purposes. TD Bank emphasizes that such information is not shared with affiliates without customer consent.
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Joint Accounts:
- Choices made to limit sharing for an account with joint ownership apply to all individuals associated with that account.
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Definitions:
- Affiliates are companies related by common ownership or control. TD Bank's affiliates include those associated with TD Bank US Holding Company or The Toronto-Dominion Bank.
- Non-affiliates are companies not related by common ownership or control, and they may include vendors, financial service providers, or non-profit organizations. Target is cited as an example of a non-affiliate of TD Bank.
- Joint marketing refers to formal agreements between non-affiliated financial companies that jointly market financial products or services.
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Other Important Information:
- TD Bank shares information with Target for use in connection with the Target Credit Card program and as permitted by law. Customers do not have the right to limit such sharing under federal law. However, sharing for marketing offers by Target or its affiliates can be limited.
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Privacy Notice Changes:
- TD Bank reserves the right to change its privacy notice at any time, and customers will be informed as required by applicable law.
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State-Specific Information:
- Residents of California and Vermont are reminded that information sharing with third parties is done only as permitted by state law.
Understanding these concepts is crucial for customers to make informed decisions about the use and protection of their personal information, in accordance with both federal and state laws.
