It is unclear what is defined as a 'product bundle'.
If you have a packaged loan that offers the option of an offset account, is this a bundle?
That is, can a bundle be defined as a single product with additional options?
Alternatively, is a bundle defined as two or more products that are required to be held together?
We have not included a definition of 'bundle' in the rules, We would therefore expect people to interpret this in the context of their specific commercial offerings, taking advice where needed.
However, assuming you are referring to the definition of 'product specific data' in CDR Rules, Schedule 3, section 1.3, we would note that 'discounts and bundles' appear as non-exhaustive examples of 'associated features and benefits'.
So we would also encourage data holders to consider this, given that something may be an associated feature or benefit of a product (and therefore captured by the rules), even if it is not strictly either a discount or a bundle.
- CDR Rules, Schedule 3, section 1.3 Meaning of customer data, account data, transaction data and product specific data