Plaid · Plaid Terms of Use

Financial Data Access Authorization

High severity
Share 𝕏 Share in Share

Why it matters

This authorization is the core of Plaid's entire business model and determines exactly what banking information third-party apps can see about you.

Consumer impact

Plaid processes sensitive financial data — including bank account credentials, transaction histories, and account balances — on behalf of thousands of third-party applications, meaning its policies directly affect the privacy and security of your banking information. Consumers who have connected a bank account to any app using Plaid have agreed to allow Plaid to access and share their financial data with that application and potentially other parties under the terms described. You can review and manage which apps have access to your financial data through Plaid's consumer portal at my.plaid.com.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Export Your Data
    Visit my.plaid.com and sign in to view all applications that currently have access to your financial data through Plaid. You can review the scope of data shared with each connected app.

Applicable agencies

  • CFPB
    The CFPB regulates consumer financial data access rights under Dodd-Frank Section 1033, directly applicable to Plaid's data aggregation activities.
    File a complaint →

Provision details

Document information
Document
Plaid Terms of Use
Entity
Plaid
Document last updated
March 24, 2026
Tracking information
First tracked
March 20, 2026
Last verified
March 20, 2026
Record ID
CA-P-000930
Document ID
CA-D-00170
Evidence Provenance
Source URL
Wayback Machine
SHA-256
67a00a54f78151f9002809d9fe30b260207684c021a931813b1db2e9645e46ae
Verified
✓ Snapshot stored   ✓ Change verified
How to Cite
ConductAtlas Policy Archive
Entity: Plaid | Document: Plaid Terms of Use | Record: CA-P-000930
Captured: 2026-03-20 05:38:33 UTC | SHA-256: 67a00a54f78151f9…
URL: https://conductatlas.com/platform/plaid/plaid-terms-of-use/financial-data-access-authorization/
Accessed: April 4, 2026
Classification
Severity
High
Categories

Other provisions in this document