Increase Bank Privacy Notice

[Contact us](mailto:support@increase.com) with any questions about this agreement.

Last updated: July 16, 2026

### What does Increase Bank do with your personal information?

#### Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

#### What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

- Social Security Number
- Account balances
- Payment history
- Employment information
- Checking account information

#### How?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Increase Bank chooses to share; and whether you can limit this sharing.

##### Reasons we can share your personal information

For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.

- Does Increase Bank share? Yes
- Can you limit this sharing? No

For our marketing purposes – to offer our products and services to you.

- Does Increase Bank share? No
- Can you limit this sharing? We do not share

For joint marketing with other financial companies.

- Does Increase Bank share? No
- Can you limit this sharing? We do not share

For our Affiliates’ everyday business purposes – information about your transactions and experiences.

- Does Increase Bank share? No
- Can you limit this sharing? We do not share

For our Affiliates’ everyday business purposes – information about your creditworthiness.

- Does Increase Bank share? No
- Can you limit this sharing? We do not share

For our Affiliates to market to you.

- Does Increase Bank share? Yes, for marketing on behalf of the bank.
- Can you limit this sharing? Sharing is limited by contract

For non-Affiliates to market to you

- Does Increase Bank share? No
- Can you limit this sharing? We do not share

#### Questions?

Call 1-888-230-8618 or email <support@increase.com>.

#### What we do

How does Increase Bank protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

How does Increase Bank collect my personal information?

We collect your personal information, for example, when you:

- Open an account
- Apply for a loan
- Provide account information
- Give us your income information
- Provide employment information
- Show your driver’s license

We also collect your personal information from others, such as credit bureaus, Affiliates, or other companies.

Why can’t I limit all sharing? Federal law gives you the right to limit only:

- Sharing for Affiliates’ everyday business purposes – information about your creditworthiness
- Affiliates from using your information to market to you
- Sharing for non-Affiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

#### Definitions

##### Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

Increase Bank is affiliated by common ownership with Increase Technologies, Inc.

##### Non-Affiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

Increase Bank does not share with non-Affiliates so they can market to you.

##### Joint marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you. Increase Bank does not jointly market.

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Banking products and services are offered by Increase Bank, Grasshopper Bank, N.A., First Internet Bank of Indiana, or Core Bank (each, a Member FDIC bank and a “Partner Bank”).

Technology services are provided by Increase Technologies, Inc., a non-bank.

Where applicable, Visa® cards are issued by the applicable Partner Bank pursuant to a license from Visa U.S.A. Inc.

Eligible deposits held at a Partner Bank are insured by the FDIC up to the standard maximum deposit insurance amount. FDIC insurance protects against the failure of an insured bank only.
