Privacy Policy

Last updated: December 2024

Your Privacy is Our Priority

At Chippy, we understand that your financial information is sensitive and personal. We are committed to protecting your privacy and being transparent about how we handle your data.

🔒 Key Privacy Commitments:

  • We do NOT save sensitive financial information like account numbers or login credentials
  • We only request read-only access to view your transaction history
  • We never store your banking passwords or authentication details
  • Your data is never sold or shared with third parties for marketing

Information We Collect

Account Information

  • Email address and name for account creation
  • Encrypted password for account security
  • Subscription preferences and settings

Financial Data (Read-Only)

  • Transaction descriptions and amounts (to identify subscriptions)
  • Transaction dates and merchant names
  • Account nicknames and types (checking, credit card, etc.)
  • Account balances (for spending analysis only)

What We DON'T Collect

  • Full account numbers or routing numbers
  • Banking login credentials or passwords
  • Social Security Numbers
  • Personal identification documents

How We Use Your Information

  • Subscription Detection: Analyze transaction patterns to identify recurring payments
  • AI Recommendations: Provide personalized cost-saving suggestions through Chippy AI
  • Spending Analytics: Calculate monthly spending totals and trends
  • Account Management: Maintain your user account and preferences
  • Customer Support: Respond to your questions and provide assistance

Data Security

We use bank-level security measures to protect your information:

  • 256-bit SSL encryption for all data transmission
  • Data encrypted at rest using industry-standard protocols
  • Regular security audits and penetration testing
  • SOC 2 Type II compliance for data handling
  • Multi-factor authentication for account access

Third-Party Services

We work with trusted financial service providers:

  • Plaid: Secure bank account connections (read-only access)
  • PayPal: Payment processing for premium subscriptions
  • OpenAI: AI-powered recommendations (no personal data shared)

These services are bound by strict data protection agreements and cannot use your data for their own purposes.

Your Rights

You have the right to:

  • Access all data we have about you
  • Request deletion of your account and data
  • Disconnect bank accounts at any time
  • Export your subscription data
  • Opt out of AI recommendations

Contact Us

If you have questions about this Privacy Policy or your data, contact us at:

Email: privacy@chippy.app

Address: Chippy Inc., 123 Privacy Lane, San Francisco, CA 94105