Transparency
PennyGuard transparency
How PennyGuard uses AI and how billing works, explained in plain words.
What PennyGuard is
PennyGuard is an AI assistant for your wallet. It finds recurring charges, shows the perks your card already offers and prepares next steps that you confirm. It is not a bank and does not give financial advice.
AI
Sorting your charges
AI helps group your transactions into subscriptions, bills and perks, so you can review them.
Answers from Penny
Penny, the text assistant, explains a specific charge in plain English.
Preparing requests
AI drafts cancellation and refund requests. Nothing is sent until you confirm.
Limits
AI can make mistakes, so you stay in charge of every decision.
You confirm every action
PennyGuard does not cancel, request refunds or negotiate bills without your confirmation.
Check before you confirm
If something looks off, review it or write to support before you go ahead.
No training on your data
AI providers we work with may not train their models on your data.
Not financial advice
PennyGuard shows information and options. The decisions stay with you.
Billing
PennyGuard is a paid membership with an intro offer.
Before you pay
You see the price and billing period before any charge.
Renewals
Your membership renews each billing period until you cancel.
Canceling
Cancel in the app at any time. Canceling stops future renewals.
Bill negotiation through a partner has a separate fee, shown before the service starts.
FAQ
Yes. AI helps sort your charges, answer your questions about them and prepare requests for you. You always review and confirm those requests yourself before anything is sent.
No. PennyGuard prepares actions for you, but nothing is sent until you confirm it. You stay in charge of every decision, and you can always choose not to go ahead.
No. The AI providers we work with may not train their models on your data. Our Privacy Policy explains how we handle your information.
No, PennyGuard isn't a bank. It does not hold or move money, pay bills or open financial products. Your money stays in your own account the whole time.
Company
About PennyGuard
Who we are and why we built PennyGuard. Company details are on our About page.
Terms and privacy
Our Terms of Use and Privacy Policy explain your rights and how we handle data.
Contact
Questions? Email support@pennyguard.com.
About PennyGuard
Read how PennyGuard works step by step, or email support@pennyguard.com.