Privacy Policy

Scope Save, Inc.
Last Updated: March 20, 2026

This Privacy Policy for Scope Save, Inc. (doing business as Scope) ("we," "us," or "our") describes how and why we access, collect, store, use, and/or share ("process") your personal information when you use our services ("Services"), including when you download and use our mobile application (Scope) or engage with us in other related ways.

1. About Scope and Our Services

Scope is a goal-based savings application that helps users save money for specific purchases. Our service enables users to set savings goals, automatically save money through scheduled ACH transfers, track progress toward savings goals, transfer saved funds to their bank account, and discover products through curated recommendations.

Important Financial Disclosures: Scope is not a bank. We are a technology company that provides a prepaid savings service. Banking services, including the holding of user funds, are provided by our FDIC-insured sponsor bank partner(s). Your funds are held in a pooled For Benefit Of (FBO) account at our banking partner. While the sponsor bank is FDIC-insured, individual pass-through FDIC insurance coverage depends on applicable requirements being met. Scope maintains a detailed internal ledger tracking each user's individual balance. Funds held through Scope are prepaid balances, not deposit accounts, and do not earn interest.

Scope generates revenue through yield on pooled deposits held at our banking partner, affiliate commissions when users make purchases through our platform, and fees for optional premium services such as instant transfers. We do not charge monthly fees or require account minimums.

2. What Information Do We Collect?

2.1 Personal Information You Provide

We collect personal information that you voluntarily provide when you register for an account, set up savings goals, link your bank account, or contact us. This includes:

  • Names, email addresses, phone numbers, mailing addresses, date of birth, Social Security number (last 4 digits or full, as required for identity verification), bank account and routing numbers, savings goal information, and government-issued identification.

2.2 Information Collected Through Plaid

We use Plaid, Inc. ("Plaid") to enable you to connect your bank account to Scope. When you link your bank account through Plaid, you authorize Plaid to access and transmit your financial information, including account and routing numbers, account balances, and transaction history. By using Plaid's services, you acknowledge and agree that Plaid's own privacy policy (available at https://plaid.com/legal/#end-user-privacy-policy) governs Plaid's collection, use, and disclosure of your personal and financial information. We receive from Plaid only the information necessary to verify your identity and facilitate ACH transfers.

2.3 Information Collected Automatically

When you use our Services, we automatically collect certain device and usage information, including IP address, device type and identifiers, operating system and version, browser type, app usage data and session information, approximate location (based on IP address), and transaction and savings behavior data (savings patterns, goal completion rates, purchase categories).

2.4 Information From Other Sources

We may receive information about you from our banking partner(s), identity verification services, public databases, and affiliate program partners.

3. How Do We Use Your Information?

We process your personal information for the following purposes:

  • To create and manage your account, verify your identity, and comply with Know Your Customer (KYC) requirements.
  • To process financial transactions, including ACH transfers, deposits, withdrawals, and to maintain accurate account balances through our internal ledger system.
  • To monitor for and prevent fraud, unauthorized transactions, and other suspicious activity, including through our behavior-based trust tier system.
  • To comply with applicable legal and regulatory obligations, including BSA/AML requirements, NACHA rules, Regulation E, and GLBA.
  • To communicate with you about your account, transactions, and service updates.
  • To improve our Services, analyze usage trends, and develop new features.
  • To facilitate purchases through affiliate partner webviews and process related commissions.
  • To send marketing communications (with your consent, where required).

4. When and With Whom Do We Share Your Information?

We may share your personal information with the following categories of third parties, only as necessary to provide and improve our Services:

  • Banking Partner(s): Our FDIC-insured sponsor bank partner holds user funds in FBO accounts and processes ACH transactions. We share necessary financial and identity information to facilitate these services.
  • Plaid, Inc.: Provides bank account linking, account/routing number verification, and identity verification services.
  • ACH Processing Partners: Facilitate the origination and processing of ACH debit and credit transactions.
  • Cloud Infrastructure (Google Cloud / Firebase): Hosts our application, database (Firestore), authentication services, and encryption (Cloud KMS). Data is encrypted in transit and at rest.
  • Apple (App Distribution): Distributes our iOS mobile application through the App Store.
  • Affiliate Networks: When you make purchases through our in-app affiliate webview, we share limited information necessary to attribute the transaction and process commissions. Affiliate commissions are earned by Scope, not by users, and are disclosed pursuant to FTC guidelines.
  • Analytics and Performance Monitoring: We may use third-party analytics services to understand how our Services are used.
  • Legal and Regulatory: We may share information as required by law, regulation, legal process, or governmental request, or to protect the rights, property, or safety of Scope, our users, or others.

We do not sell your personal information. We do not share your personal information with nonaffiliated third parties for their own marketing purposes.

5. Data Security

We implement appropriate technical and organizational security measures to protect your personal information, including:

  • Encryption of data in transit (TLS) and at rest (Google Cloud KMS).
  • Secure authentication and access controls.
  • Regular monitoring for unauthorized access or suspicious activity.
  • Behavior-based fraud detection, including trust tier systems that govern access to pending funds and flag anomalous deposit patterns.
  • Compliance with NACHA unauthorized return rate thresholds.

However, no method of electronic transmission or storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security.

6. Data Retention

We retain your personal information for as long as necessary to provide our Services and fulfill the purposes described in this policy. Specific retention periods include:

  • Financial transaction records and account information: 7 years after account closure, as required by applicable financial regulations (BSA/AML, IRS requirements, NACHA rules).
  • Identity verification records (KYC): 5 years after account closure, or as required by applicable law.
  • General account and usage data: Retained during active account status and for a reasonable period after account closure to resolve disputes, enforce agreements, and comply with legal obligations.
  • Marketing and communication preferences: Until you opt out or request deletion.

When personal information is no longer needed, we will securely delete or anonymize it.

7. Children's Privacy

Our Services are not directed to individuals under 18 years of age. We do not knowingly collect personal information from children under 18. If we learn that we have collected personal information from a child under 18, we will take steps to delete such information promptly. If you believe we have inadvertently collected information from a child under 18, please contact us at customersupport@scopesave.com.

8. Your Privacy Rights

8.1 All Users

You may at any time: review and update your account information through the app, request a copy of the personal information we hold about you, request deletion of your account and associated personal information (subject to regulatory retention requirements), opt out of marketing communications, and withdraw consent for data processing where consent is the legal basis.

8.2 California Residents (CCPA/CPRA)

If you are a California resident, you have additional rights under the California Consumer Privacy Act (CCPA) as amended by the California Privacy Rights Act (CPRA):

  • Right to Know: You may request that we disclose the categories and specific pieces of personal information we have collected about you, the sources of collection, the business purposes for collection, and the categories of third parties with whom we share your information.
  • Right to Delete: You may request deletion of your personal information, subject to certain exceptions (including regulatory retention requirements for financial records).
  • Right to Correct: You may request correction of inaccurate personal information.
  • Right to Opt Out of Sale/Sharing: We do not sell your personal information. We do not share your personal information for cross-context behavioral advertising.
  • Right to Limit Use of Sensitive Personal Information: We only use sensitive personal information (such as SSN and financial account information) for purposes authorized under the CCPA, such as providing our Services and fraud prevention.
  • Right to Non-Discrimination: We will not discriminate against you for exercising your privacy rights.

8.3 Other State Privacy Rights

Residents of Colorado, Connecticut, Delaware, Florida, Indiana, Iowa, Kentucky, Maryland, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, Oregon, Rhode Island, Tennessee, Texas, Utah, and Virginia may have similar rights under their respective state privacy laws. To exercise any applicable rights, please contact us using the information below.

9. Do-Not-Track Signals

We do not currently respond to Do-Not-Track (DNT) browser signals, as no uniform standard for interpreting DNT signals has been adopted. If a standard is adopted in the future, we will update this policy accordingly.

10. Updates to This Policy

We may update this Privacy Policy from time to time. The updated version will be indicated by the "Last Updated" date at the top. If we make material changes, we will notify you by prominently posting a notice in the app or by sending you a notification. We encourage you to review this policy periodically.

11. Contact Us

If you have questions or concerns about this Privacy Policy or wish to exercise your privacy rights, please contact us:

Email: customersupport@scopesave.com
Mail: Scope Save, Inc., 5007 Stanford Ave, Dallas, TX 75209
Phone: (214) 215-0246