What is CDR data?

Under the Consumer Data Right (CDR), you can give accredited businesses access to your consumer data so they can offer products and services tailored to your needs.  

Your consumer data includes information about you such as your name and contact details, as well as detailed information about your use of a specific product or service.

For example, bank customers can choose to give a another business access the following types of consumer data:

  • customer data
    • your name, occupation and contact details
    • information you provided when acquiring a product, or relating to your eligibility to acquire that product
    • details if you operate a business, such as your business’ name, ABN and ACN, the type of business, date of establishment and organisation type
  • account data
    • your account number, name and postal address
    • your account type
    • your account balance
    • interest rates, fees and discounts
  • transaction data
    • incoming and outgoing transactions and the amounts
    • dates
    • descriptions of transactions
    • who you may have sent money to and received money from
    • direct debits and scheduled payments
  • saved payees
    • the names and details of saved accounts.