Terms of use
Last updated November 2, 2026 · penny.com
These terms describe use of Penny’s expense-organizing tools. Read them alongside our privacy policy.
Your account
Provide accurate account information, protect your sign-in details, and use only financial records you are authorized to access. Do not use another person’s account or attempt to access their records.
Your records and decisions
You are responsible for reviewing imported and entered transactions. Categories, charts, and reimbursement balances depend on the data supplied and the edits you make. Penny does not verify your records against bank balances or statements.
What Penny does
Penny organizes expenses and records repayments. It does not hold or move money, make investments, provide individualized financial advice, or guarantee savings or financial outcomes. Recording a repayment does not send or receive a payment.
Available file types and limitations
Statement tools support CSV and XLSX files. Expense amounts, sign conventions, and categories must be reviewed before import. Income, refunds, transfers, pending/posted matching, and bank synchronization are not fully supported. Do not treat expense reports as a complete accounting of cash flow.
Pricing
The advertised plans are free manual tracking and $1 per month for statement tools. No payment is collected in the current application. Any future checkout must show the applicable price, renewal terms, and cancellation process before a charge is authorized.
Availability and data
The current app stores records on your device. Browser storage can be cleared or become unavailable, and records do not currently sync across devices. Keep your original financial statements. Account recovery and other server-backed services are not yet available.
Acceptable use
Do not upload malicious files, interfere with the service, misrepresent ownership of records, or use Penny unlawfully. Product features and these terms may change as the service develops.
Questions
Contact support@penny.com about these terms or your use of Penny.