“And this is particularly worrying. In the banking sector, we are faced with very sensitive issues. the creditworthiness of individuals; their ability to buy a house, their ability to pay for the right to work fairly in our society. You`re really at a disadvantage when the bank says it`s the conditions, and that`s it. Jeff Harney is one of hundreds of people who recently contacted Go Public after losing an argument with their bank — many said they felt powerless in the face of new electronic banking agreements they didn`t understand, couldn`t navigate, and felt protected from responsibility. 9. Loss Liability: You are responsible for any loss resulting from your own use of your credit card or user ID and passwords or personal verification questions. Other Uses of Credit Card and Password for Online Applications: You understand that your credit card may be used with your password to fill in your personal data in advance to complete a CIBC online application form on the Site. 31. “Customers have obligations set out in our agreements, including appropriate measures to protect their debit and credit cards and the secrecy of personal identification numbers and passwords, among other requirements.” The terms of this agreement prevail over all existing terms in existing account and loan agreements that you have in the event of a conflict with us.
I`m curious about whether user agreements would be considered bad for some of the most popular non-Big5 online banks (Tangerine, Simplii, EQ Bank, etc.).