Acceptance of terms
By creating a Wealth Bites account - whether via email and password, Google, Microsoft, or by accepting an invitation to join an existing household - you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not create an account or use the app.
Description of service
Wealth Bites is a personal finance application that helps individuals and households track bank accounts, transactions, investment portfolios, and financial goals, with optional AI-assisted transaction entry and statement import.
Some features are available on a free trial basis and some require an active paid subscription - see "Subscriptions & billing" below.
Eligibility
You must be at least 13 years old (or 16, if you are located in the European Union or European Economic Area) to create an account. If you are under the age of majority in your jurisdiction, you may only use Wealth Bites with the involvement of a parent or legal guardian.
By creating an account, you represent that you meet these age requirements and that all information you provide is accurate.
Accounts and household membership
- You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account.
- Wealth Bites organizes data by "household" - a group of one or more people who share visibility into the same financial data. Each household has one owner and may have additional members invited by the owner.
- You may only be linked as a tracked investor within one household at a time, though you may separately own your own individual household and belong to one other household as a member.
- You must notify us promptly at [email protected] if you suspect unauthorized access to your account.
Subscriptions and billing
- Certain features (AI chat-based transaction entry, statement import, and advanced portfolio/goals analytics) require an active subscription after any applicable free trial period ends.
- Subscriptions are sold and processed through the Apple App Store or Google Play Store, via RevenueCat as our subscription management platform. We never receive or store your payment card details.
- Subscriptions automatically renew at the end of each billing period unless cancelled at least 24 hours before the renewal date, in accordance with the applicable store's policies.
- Cancellation must be done through your Apple ID or Google Play account settings - not through Wealth Bites directly, as we do not have the ability to process or reverse a charge made through the App Store or Play Store.
- Refunds are subject to the applicable store's refund policy (Apple's or Google's), not our own - we are unable to issue refunds directly.
- We may change subscription pricing or plans with advance notice; continued use after a price change takes effect constitutes acceptance of the new pricing for your next renewal.
Your data and content
You retain all ownership rights to the financial data, transactions, and other content you enter into Wealth Bites ("your content"). We do not claim ownership of your content. You grant us a limited license to process, store, and display your content solely for the purpose of providing the service to you and your household, as described in our Privacy Policy.
You are solely responsible for the accuracy of the data you enter. We do not verify or audit the financial information you provide.
Acceptable use
You agree not to:
- Use the app for any unlawful purpose or in violation of any applicable law or regulation.
- Attempt to gain unauthorized access to another user's account, household, or data.
- Reverse-engineer, decompile, or attempt to extract the source code of the app, except where permitted by law.
- Use automated means (bots, scrapers) to access the service without our prior written consent.
- Interfere with or disrupt the integrity or performance of the service or its underlying infrastructure.
- Upload content that infringes another party's intellectual property or privacy rights.
Third-party services and AI features
Wealth Bites integrates with third-party services to provide certain features, each disclosed in full in our Privacy Policy - including Anthropic (AI-assisted transaction parsing and chat entry), Google and Microsoft (sign-in), Yahoo Finance (market price data), Google Drive (optional backup), and RevenueCat (subscription management).
AI-assisted features (including chat-based transaction entry and statement import parsing) use automated processing and may occasionally produce inaccurate results. You are responsible for reviewing and confirming any AI-suggested transaction before it is saved. Wealth Bites is not liable for financial decisions made based on AI-parsed or AI-suggested data.
Disclaimers
- Wealth Bites is a personal record-keeping and tracking tool only. It is not a financial advisor, broker, exchange, bank, tax advisor, or investment advisor; it does not execute trades, hold or transmit funds, or custody assets, and nothing in the app constitutes financial, investment, tax, or legal advice.
- Market price data (via Yahoo Finance) and exchange rate data may be delayed, inaccurate, or unavailable at times. Do not rely on this data for time-sensitive trading decisions.
- The service is provided "as is" and "as available," without warranties of any kind, whether express or implied, including implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
- We do not guarantee the service will be uninterrupted, error-free, or secure at all times.
App Store terms (if applicable)
If you downloaded Wealth Bites from Apple's App Store, the following additional terms apply and take precedence over any conflicting term above:
- This agreement is between you and Wealth Bites (LotusQueen Labs) only, and not with Apple. Apple is not responsible for the app or its content.
- Your license to use the app is limited to a non-transferable license to use the app on any Apple-branded device that you own or control, as permitted by Apple's Usage Rules.
- We, not Apple, are solely responsible for providing maintenance and support for the app, to the extent required by these Terms.
- In the event of any failure of the app to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price (if any) to you; to the maximum extent permitted by law, Apple has no other warranty obligation with respect to the app.
- We, not Apple, are responsible for addressing any claims by you or a third party relating to the app or your possession/use of it, including product liability claims, claims that the app fails to conform to legal or regulatory requirements, and claims arising under consumer protection law.
- Apple and Apple's subsidiaries are third-party beneficiaries of these Terms, and upon your acceptance, Apple has the right (and will be deemed to have accepted the right) to enforce these Terms against you as a third-party beneficiary.
Limitation of liability
To the maximum extent permitted by law, LotusQueen Labs and its affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from your access to or use of, or inability to access or use, the service - including any financial decisions made based on data recorded in or generated by the app.
Our total liability for any claim arising out of or relating to these Terms or the service is limited to the amount you paid us, if any, in the 12 months preceding the claim.
Indemnification
You agree to indemnify and hold harmless LotusQueen Labs, its affiliates, and their respective officers and employees from any claim, demand, loss, or damages, including reasonable legal fees, arising out of your use of the service, your violation of these Terms, or your violation of any rights of another.
Data export and account deletion
You may export your data at any time as CSV or JSON via the Data Management screen in the app. You may request deletion of your household's data as described in our Privacy Policy's "Data retention" section, including the in-app household-deletion request flow, which requires approval from every active household member before data is permanently removed.
Termination
You may stop using the service and delete your account at any time. We may suspend or terminate your access to the service if you violate these Terms, engage in fraudulent or illegal activity, or if required to do so by law. Upon termination, your right to use the service ceases immediately; data retention and deletion following termination is governed by our Privacy Policy.
Governing law
These Terms, and any dispute arising out of or relating to these Terms or your use of Wealth Bites, are governed by and construed in accordance with the laws of Singapore, without regard to its conflict of law principles. You and Wealth Bites (LotusQueen Labs) agree to submit to the exclusive jurisdiction of the courts of Singapore for the resolution of any such dispute.
Changes to these terms
We may update these Terms from time to time. When we make material changes, we will update the "Last updated" date above and, where appropriate, require you to accept the updated Terms before continuing to use the app. Continued use of the app after changes take effect constitutes acceptance of the updated Terms.
Contact us
If you have any questions about these Terms, please contact us: