I am struggling to work out whether the forthcoming privacy policy updates, due on 5th November 2019, contain any changes about which I should be worried?
Hopefully somebody in this forum will help me to make sense of these changes.
A plain English summary would be helpful.
Iâll attach myself to the question, Iâm kinda alerted that revolut now will check with credit agencys to ESTIMATE my financial situation (and use the data for ads and marketing).
a) afaik thereâs no credit-option, nor donât i want one (do the checks if a customer activly asks for a credit dammit! 
doesnât have to go âfull german banksâ)
b) why shall these infos be forwarded for ads!?
c) why doesnât switzerland appear in the privacy-site? (thereâs one for each country revolutâs available)
THEN AGAIN thereâs a high chance of me not understanding the T&C (âŚiâm no lawyerâŚ).
The business site mentions coming soon loans and overdrafts, those could be the ââcredit productsâ mentioned in the privacy policy.
I donât see they use credit information to send ads. Personal information, anonymized, to advertisers, yes.
Every time I open a bank account, buy insurance, change utilities company, change mobile phone company etc I expect there to be a credit agency check of my financial status. Every day normal business practice.
@badskittler
âŚexcept you are used to privacy, and companys and their behaviour to not collect unnecessary data just for âwhat ifâ-cases.
Eg. for a credit-check, a morgage aso, YES. But only when one applys for that.
Thereâs no need to get screened by a credit agency if you donât get a credit.
For me, thereâs also the âprivate credit agencysâ-issue; we in Switzerland have an official register, the âSchulden- und Betreibungsregisterâ. Everything relevant (depts, or how many times you gotten a dept-enforcement or repo) is saved there⌠(Edit: and that register is correct, thereâs not a single case in its 100year existance that there was a false entry. Every swiss company with swiss CEO uses this register. BUT)
Thanks to many companys having no clue about that, we also have private credit-agencys, like CRIF, Intrum Justizia and countless others. They are completly intransparent, evaluate you on estimates aso. Had to fix my CRIF- and Intrum-Score, because they, other than my name and address, had EVERYTHING wrong. Found that out, when a âfuture employerâ told me I shall not be reliable as due to my bad CRIF-score, I shall be vulnerable for bribingâŚ!!
Now, Revolut gonna ask these amateurs for a credit-check on mine, eventough I never applied for a credit NOR DO INTEND TO DO SO (and if they change the mastercard from prepaid to credit, Iâm gone. Debit yes please, but no credit.)
With todays update, I gotten a new option in the Privacy-Settings; it simply states
âZielgerichtetes Marketing.
Widerspruch gegen die Verwendung deiner Daten fĂźr gezielte Marketingkampagnen mit Werbeplattformen Dritterâ
DeepL says:
âTargeted marketing.
Objection to the use of your data for targeted marketing campaigns with third-party advertising platformsâ.
âŚdoes anybody knows if the selectorâs activated (blue), if it means âI object to thatâ, or does it enable the targeted marketing?
(can anyone tell me the text of the english App-Version? I strongly suspect a translation-error in the german text)
Neither itâs clear in English.
Although it says âopt-outâ and itâs switched on (blue) by default, nothing changes in the message if I switch it off.
My reading is blue = âtargeted marketing enabledâ.
That is correct, itâs current state that you show there is âonâ / âenabledâ. If you click on it it will slide left and go grey which means âoffâ / âdisabledâ
I came here wondering how to turn off this option after receiving the Privacy Policy email from Revolut yesterday. Funnily enough that option isnât on my Privacy settings. I see Marketing emails + Marketing pushes + âPayments with friendsâ, but the Analytics section and the âTargeted marketingâ option is missing for me. Iâm in Ireland, donât know if that is relevant
check for app-updates, had several ones in the last few daysâŚ
The catch with the targeted marketing:
text says âopt out from using your data for targeted marketing âŚâ - so âenabledâ could as well mean âi opt outââŚ
Compare the text with the marketing-onesâŚ
In German, itâs even more cryptic, as the german text is âneutralââŚ
Hi Mike, yes I see what you mean now. That is ambiguous to say the least.
HoweverâŚif the default is as per your screenshot (and Iâm guessing it is), then that would surely mean that that you are âopted-inâ, so switch it to grey would âopt-outâ.
They would want everyone opt-in so that they maximise their revenue by selling our behavioural data.
FWIW Iâm on the latest (Android) app version 6.14 from 22 Oct 2019 and that option is still not showing for me
current version is 6.15, from yesterday⌠give google a few hours to publish it in your area, too
So as the option is again unclear, I asked the support which option I need to turn off and she said to me I canât do that from my end, so she did it for meâŚ
why was my first assosiation âok the backend seems to be much clearer than the frontendâ? 
I can change the option - but donât know what setting i have to enable when i donât want targeted marketingâŚ
Well I guess Iâll wait some time with support thenâŚ
Like you, I can change the setting, but due to the wording I am not sure which is the âOpt outâ
Does blue mean: No targeted marketing, or
Does greyed out mean: No targeted marketing.
Could I request a plain English definitive answer in this forum, from a Revolut representative Please?
Blue = it will targeted
Gray = it won`t
This made it more unclear for me. What did support mean with âuser cant do it themselvesâ ??? Very confusing. 
I have sadly no idea 
âŚany confirmed news about this?
It seems we are left alone in this forum. No staff checks posts anymore 
