"When you apply, we may do a one-time check with your phone provider (cell and/or landline) to get billing info, geo-location, and/or device data. This helps us make sure your home address matches your phone's billing address. Your phone's physical location can also alert us to higher risk situations. For example, if you're applying for an account while in a foreign country, we want to make sure no one is impersonating you. Don't worry - we still open accounts for people who are on vacation, moving, etc. This is just one more clue to help us solve the puzzle of if it's you or someone impersonating you. Also, geo-location, billing data, and device info will only be used for fraud prevention; it won't be used for marketing, mailing lists, or anything else. Your data collected by us will be stored for the life of your account plus five years."
I remember HSBC requesting the same permissions but it's harder to find their account opening disclosure terms.
"When you apply, we may do a one-time check with your phone provider (cell and/or landline) to get billing info, geo-location, and/or device data. This helps us make sure your home address matches your phone's billing address. Your phone's physical location can also alert us to higher risk situations. For example, if you're applying for an account while in a foreign country, we want to make sure no one is impersonating you. Don't worry - we still open accounts for people who are on vacation, moving, etc. This is just one more clue to help us solve the puzzle of if it's you or someone impersonating you. Also, geo-location, billing data, and device info will only be used for fraud prevention; it won't be used for marketing, mailing lists, or anything else. Your data collected by us will be stored for the life of your account plus five years."
I remember HSBC requesting the same permissions but it's harder to find their account opening disclosure terms.