Version 2026-06-08. These terms are a binding agreement between you and Bearings.
Welcome to Bearings (“Bearings”, “we”, “us”). Bearings is a personal-finance app operated from the United Kingdom. By creating an account, entering an invite code, or using the app, you agree to these Terms. If you don't agree, please don't use Bearings.
You must be at least 18 and resident in the UK. Bearings is currently invite-only: you need a valid, unused invite code to gain access. Invite codes are personal to you, single-use, and must not be shared, sold, published, or transferred. We may revoke codes and decline or revoke access at our discretion.
Keep your login details secure and don't let anyone else use your account. Give us accurate information. One account per person. You're responsible for activity under your account. Tell us promptly if you think your account has been compromised.
We grant you a limited, personal, non-exclusive, non-transferable, revocable licence to use Bearings for your own personal money management, strictly in line with these Terms. That's the only right you get. We don't transfer or sell you any ownership in Bearings.
Bearings, including all software, source code, designs, text, graphics, the “Bearings” name and branding, the Safe-to-Spend method and other features, algorithms, and the look and feel, is owned by us (or our licensors) and protected by intellectual-property laws. All rights not expressly granted to you are reserved. Nothing in these Terms gives you any right in our intellectual property beyond the limited licence in section 3.
You agree not to, and not to help or allow anyone else to:
Your financial data is yours. You grant us a licence to store and process it solely to provide and improve the service for you. We do not sell your personal data. Our handling of your data is described in our Privacy Policy. You can export your transactions and ask us to delete your account and data.
Where you connect a bank via open banking, that connection is provided through regulated third-party providers and is read-only, so Bearings cannot move your money. You can disconnect at any time. You're responsible for the accuracy of accounts and figures you add manually.
Bearings is an information and budgeting tool, not a financial adviser. Nothing in the app is regulated financial, investment, tax, or debt advice, and you shouldn't treat it as such. Figures (including Safe-to-Spend, forecasts, and projections) are estimates to help you think, not guarantees. Decisions you make are your own; consider professional advice for big ones.
Bearings is provided “as is” and “as available”, and is still early. We don't promise it will be uninterrupted, error-free, or that every figure will be perfectly accurate. We may change, suspend, or withdraw features.
Nothing in these Terms limits or excludes our liability for death or personal injury caused by our negligence, for fraud or fraudulent misrepresentation, or for anything else that can't be limited or excluded under the law. Subject to that, we are not liable for indirect or consequential loss, or for loss arising from decisions you make using the app, and our total liability to you is limited to the greater of the amount you paid us in the 12 months before the claim, or £50.
Bearings is free to use during early access, so there's nothing to pay or cancel right now. If we introduce a paid subscription later, we'll: tell you the price and terms clearly before you sign up; remind you before any renewal; let you cancel online in a few clicks, with no retention hoops or hidden steps; and honour any cooling-off rights the law gives you.
You can stop using Bearings and delete your account and all your data at any time from Settings. We may suspend or terminate your access if you breach these Terms or misuse the service. On termination, the licence in section 3 ends; sections protecting our IP, limiting liability, and governing disputes survive.
We may update these Terms as Bearings grows. If we make material changes we'll let you know and record the version you agreed to. Continuing to use Bearings after a change means you accept the updated Terms.
These Terms are governed by the laws of England and Wales, and the courts of England and Wales have jurisdiction, without affecting any mandatory consumer-protection rights you have where you live.
Questions about these Terms? Get in touch with us and we'll help.