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Grade D

Copilot Privacy Policy

Premium iOS Budgeting App | Last reviewed: January 2026

Overview

Copilot is run by a small independent team, not a data-harvesting mega-corporation. The iOS-first approach allows them to leverage Apple's privacy features. However, bank syncing still requires Plaid, sharing your credentials with this third-party aggregator. The subscription model means no ads, but financial data is still collected and processed on their servers.

Data Collection Summary

Data Type Collected Shared Sold
Account and identity Yes Service Providers No
Bank credentials Yes Plaid No
Transaction data Yes Service Providers No
Account balances Yes Service Providers No
App usage analytics Yes Analytics No

Key Privacy Findings

Plaid Credential Sharing Required

Bank syncing goes through Plaid, which stores your bank credentials and maintains ongoing access to your transaction data. You can't avoid Plaid if you want to sync accounts.

Complete Financial Picture

Copilot collects comprehensive financial data—all linked accounts, balances, and transactions—creating a detailed view of your finances on their servers.

Limited Manual Entry

Unlike YNAB, Copilot is designed around bank syncing. Manual entry exists but the app pushes users toward linking accounts for full functionality.

Analytics Collection

App usage data is collected for product improvement and analytics, though less extensively than free, ad-supported alternatives.

Positive Aspects

Small Independent Company

Copilot is run by a small team without the data monetization pressures of VC-backed or public companies. Less corporate data harvesting than Intuit alternatives.

Apple Privacy Integration

Leverages iOS privacy features like secure enclave and Face ID. Some data processing happens on-device when possible.

No Advertising

Subscription model means no ads and no financial product recommendations based on your spending patterns.

Data Export

Users can export their transaction and budget data, maintaining data portability.