Creditcard Deals - Privacy Policy
1. What the Creditcard Deals (CCD) privacy policy covers?
This Privacy Policy outlines CCD’s practices regarding information collected online at any websites operated by CCD. We suggest that you review this Privacy Policy periodically as we may update it from time to time. This policy was last revised on 2nd May 2008. By visiting CCD's website or otherwise interacting with CCD, you are accepting the practices described in this Privacy Policy.
2. What information we collect?
Each time you visit CCD's website and interact with us, CCD may collect personally identifiable information (such as first and last names, business address, email addresses and telephone numbers) that you provide when you contact CCD (by e-mail or otherwise) or otherwise interact with CCD.
3. How we use and share your personal information?
Your personal information is used by CCD to enhance your relationship with them, respond to your requests, tailor offerings to you, communicate with you about products, services, special offerings, and events or programs offered by CCD or their marketing partners that may be of interest to you.
From time to time you may receive periodic mailings, or e-mails from CCD with information on special promotions or other offers from CCD or its marketing partners. You may opt out of receiving such communications by contacting us. In the event that CCD or its assets is bought or sold, customer information will likely be included among the transferred business assets.
CCD may also disclose specific information when it determines that such disclosure is necessary to comply with the law. This includes exchanging information with other companies and organisations for fraud protection and credit risk reduction.
4. How your personal information is protected?
CCD uses industry standard security techniques on the CCD website to help protect against the loss, misuse or alteration of information collected from you at the CCD website. When you transmit personally identifiable data to CCD, that information is stored on servers that CCD have attempted to secure from unauthorised access or intrusion. Of course, CCD cannot be and are not responsible for unauthorised access to information by hackers or others who have obtained such access through illegal measures.
5. How to contact us?
Should you have any questions or concerns about this privacy policy - please contact us.
6. .Revisions to this Privacy Policy.
This Privacy Policy may be updated and revised from time to time and we will post any changes on this policy. You agree that the information that we gather now will be subject to the Privacy Policy in effect at the time of use. We may contact you with periodic notices concerning our Privacy Policy but you should check the CCD website periodically to review any changes.
Australian Finance News
Australian Banks Continue To Battle For Deposits By Offering High Introductory Rates
Australia’s largest banks are using high introductory online savings rates to attract retail deposits and expand their deposit bases. Despite the high introductory rates, the lenders later aggressively cut back their deposit rates in order to preserve their profit margins.
The investment bank Macquarie conducted an analysis of the online savings market which found that the big four Australian lenders, as well as some international rivals were offering introductory rates that were as much as 200 basis points higher than the 4.5 per cent official cash rate.
QBE Denies Chief Executive To Step Down
Australian insurance major QBE has moved to end speculation that its chief executive is poised to step down. QBE chief Frank O'Halloran has run the company for the last twelve years, and the insurer says that he would continue in that role "for the foreseeable future".
Rumours of Mr. O’Halloran’s departure ricocheted around the insurance industry this week, when speculation began to emerge that Mr. O’Halloran would hand over the reigns of the company to Peter Harmer, a senior executive at insurance broker AON.
Research Firm Says ANZ Offers Best Value For Small Business
Australian banking major ANZ, has been named by a financial research firm as the lender which provided the best value banking service for small business. Despite the accolade, ANZ has not managed to convince all the decision makers in the business sector, and still lags behind rivals.
Canstar in issuing the award said certain product features that matter a great deal to small business provided by ANZ including credit facilities and loans.
But this has yet to translate into higher customer satisfaction levels with the bank.
JP Morgan To Cease Proprietary Trading
Global banking giant JP Morgan has apparently decided to close down its proprietary trading operations, sources from within the bank say. According to an unnamed source quoted by Dow Jones, JP Morgan has issued notice to approximately 20 proprietary traders that trade commodities.
JP Morgan has never had a huge focus on proprietary trading, and it’s prop trading desks have tended to be small. Nevertheless those desks have been affected by regulatory reform and in particular the Volcker Rule, which forbids banks from proprietary trading, proprietary investments in hedge funds and private equity.
Australians Believe Not Enough Competition In Banking
A survey undertaken by Australian wealth manager AMP suggests that nearly 78 per cent of all Australians believe that acquisitions by banks should be restricted.It is no coincidence that the survey results were released on the eve of the ruling by the competition regulator on National Australia Bank’s proposed acquisition of Axa Asia Pacific Holdings.
According to the AMP survey, an overwhelming majority of 71 per cent of people polled say they believe that there needs to be increased competition within the Australian financial services sector.