The Credit Card Consent Form is a crucial document required by German financial institutions when issuing credit cards or processing credit card applications. It serves as a legal foundation for collecting, processing, and sharing personal and financial data in accordance with GDPR and German banking regulations. This document is essential for ensuring transparent communication with customers about how their data will be used, shared, and protected, while also obtaining necessary authorizations for credit checks and ongoing account management. The form must be used before any credit card services can be provided and should be updated whenever significant changes occur in data processing activities or regulatory requirements. It combines requirements from various German financial regulations with EU data protection standards, making it suitable for both traditional banks and modern financial service providers operating in Germany.

1. Parties: Identification of the credit card issuer and the cardholder/applicant

2. Background: Brief context explaining the purpose of the consent form in relation to the credit card application/issuance

3. Definitions: Key terms used throughout the document, including technical and legal terminology

4. Data Collection and Processing: Details of personal and financial information to be collected and processed, including specific purposes

5. Consent Declarations: Explicit consent statements for various aspects of data processing and credit card services

6. Data Sharing and Third Parties: Information about which third parties will receive the data and for what purposes

7. Data Security Measures: Overview of security measures for protecting personal and financial data

8. Data Subject Rights: Description of rights under GDPR and German law, including withdrawal of consent

9. Duration of Consent: Period for which the consent remains valid and conditions for termination

10. Contact Information: Details for contacting the data controller and data protection officer