We never ask for your bank login. Here's why.

Most budget apps connect to your bank through Plaid. We chose a different path: PDF upload. It's more private, works with any bank, and puts you in complete control.

How most budget apps work

A quick look at what happens when you connect your bank account to a budget app.

Most budget apps use a service called Plaid to connect to your bank. When you sign up, you enter your bank username and password into the app. Plaid acts as a middleman, logging into your bank on your behalf and pulling your transaction data.

This connection is persistent. Plaid maintains ongoing read access to your account so the app can sync new transactions automatically. Your bank credentials pass through a third-party service, and that service retains access until you explicitly revoke it.

Popular apps that use this model include Monarch Money ($99.99/yr), YNAB ($14.99/mo), Rocket Money, Copilot ($10.99/mo), and most other budget trackers on the market. This is not a criticism of these apps. They are well-built products. But the Plaid model is a specific tradeoff: convenience in exchange for ongoing third-party access to your bank account.

How Spend & Invest works instead

Three steps. No bank credentials. Your bank never knows we exist.

01

Download your statement PDF

Log into your bank, download your monthly statement as a PDF. You already do this for your records. Takes 30 seconds.

02

Upload it to Spend & Invest

Drag and drop your PDF. Our AI reads every transaction, extracts amounts, dates, and vendors in seconds.

03

AI categorizes, you review

Every transaction gets sorted into categories. Low-confidence items are flagged for your review. Then you get dashboards, trends, and insights.

Side-by-side comparison

Bank login apps vs. PDF upload. Here is what changes.

Bank Login AppsSpend & Invest (PDF)
Credentials sharedYes, bank loginNo, nothing
Third-party accessPersistent read accessNone
Works with any bankNo, Plaid-supported onlyYes, any bank with PDFs
International banksLimitedYes, worldwide
Bank knows about appYesNo
Data controlSyncs continuouslyOnly what you upload
Cost of connectionOften passed to userFree
Security riskCredential exposureZero

Common questions

What people ask when they hear “no bank login.”

Isn't it harder to upload PDFs?

It takes about 30 seconds. Download your statement PDF from your bank's website, then drag and drop it into Spend & Invest. Most people check their bank online at least once a month anyway. This adds one extra click to something you already do.

What about automatic syncing?

We process your statement the moment you upload it. No waiting for Plaid to sync, no connection errors, no re-authentication prompts every few weeks. You upload, we parse, and your dashboard updates instantly.

Can I use it with any bank?

If your bank provides PDF statements (and they all do), it works. Chase, HSBC, ADCB, Barclays, any credit union, any bank worldwide. Plaid supports around 12,000 institutions, mostly in the US and Canada. PDF upload works with every bank on the planet.

Is the AI accurate without bank data?

Our AI reads your actual statement PDF, which contains the same transaction data a bank API would provide. Dates, vendors, amounts. Accuracy is 95%+ and improves with every correction you make. Your preferences are remembered across all future statements.

256-bit encryption
PDFs processed in-session, not stored
No third-party data sharing
SOC2-aligned practices

Ready to try a budget app that respects your privacy?

Upload your first statement in under a minute. Free during early access. No bank login, no credit card required.