Credit Card Privacy Policy
Last update: May 10, 2025
MidasVault is committed to protecting the privacy of our credit cardholders. This Privacy Policy explains how we collect, use, disclose, and store your personal information when you apply for or use a MidasVault Credit Card, including those provided in partnership with third-party providers. By using our services, you agree to the practices described in this policy.
Background
MidasVault offers credit cards, some of which are issued in collaboration with third-party financial institutions. These partnerships enable us to provide a range of credit card options tailored to your needs. This policy applies to all MidasVault Credit Cards, whether managed directly by MidasVault or through our third-party partners.
Information We Collect
When you apply for a MidasVault Credit Card, we collect the following information for credit card application and billing purposes:
Full name
Contact details (e.g., email address, phone number)
Billing address
Identification documents (e.g., government-issued ID)
This information may be submitted to third-party providers to process your application and manage billing on your behalf.
Additionally, we collect transaction data each time you use your MidasVault Credit Card, including:
Transaction amount
Merchant name and location
Date and time of transaction
Card details (e.g., last four digits of the card number)
How We Use Your Information
We use your personal information for the following purposes:
To process your credit card application and verify your identity.
To manage billing and payment processing in collaboration with third-party providers.
To monitor and record transaction data to ensure the security and functionality of your card.
To improve our services and customize offers based on your usage patterns.
To comply with legal and regulatory requirements.
Sharing Your Information
Your information may be shared as follows:
With third-party providers to facilitate credit card issuance, application processing, and billing.
With payment processors and merchants to complete transactions.
With legal authorities if required by law or to protect against fraud or security threats.
With service providers acting on behalf of MidasVault (e.g., data storage or analytics providers), under confidentiality agreements.
We do not sell your personal information to third parties for marketing purposes.
Data Storage
All transaction data is stored securely by MidasVault and the respective card provider. We implement industry-standard encryption and access controls to protect your information. Third-party providers may store your application and billing data in accordance with their own privacy policies, which you should review separately. Data retention periods vary by jurisdiction and purpose but will not exceed legal requirements.
Your Rights and Choices
You have the right to:
Access, update, or delete your personal information by contacting MidasVault support.
Opt out of certain data uses (e.g., marketing communications) where applicable.
Request details about how your information is shared with third parties.
To exercise these rights, email us at support@midasvault.com or visit our support portal.
Security
MidasVault employs robust security measures, including encryption, firewalls, and regular audits, to safeguard your data. However, no method is entirely immune to risks, and we cannot guarantee absolute security.
Third-Party Privacy Policies
Some MidasVault Credit Cards are provided by third parties. Their handling of your information is governed by their own privacy policies. We encourage you to review these policies before submitting your data to them.
Changes to This Policy
We may update this Privacy Policy to reflect changes in our practices or legal requirements. Updates will be posted here with a revised ”Last Updated” date. We recommend reviewing this policy periodically
Last updated