Plaid - End User Services Agreement
US · 2026-07-06 · V1terms
What actually changed
Needs verificationTwo public snapshots of the same policy are required to establish what changed. The available record is insufficient.
Change impact: not assessed. The risk score describes the assessed policy and does not measure the effect of this revision.
Summary
Two public snapshots of the same policy are required to establish what changed. The available record is insufficient.
Original AI screening
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This agreement limits Plaid's liability, grants them broad termination rights, and refers data use details to separate privacy policies.
- Plaid connects your financial accounts to third-party apps, but explicitly disclaims responsibility for those apps.
- Your financial data usage details are found in a separate Privacy Policy, not fully covered here.
- Plaid has broad rights to terminate your service and significantly limits its own liability for damages.
- You must follow a multi-step negotiation process to resolve disputes before pursuing legal action.
- Plaid can change terms anytime; your only recourse if you disagree is to stop using the service.
What changed
Regional impact
High risk due to broad disclaimers and liability limits which may conflict with strong EU consumer protection laws. Data processing details are referred to external policies, potentially complicating GDPR compliance.
High risk. The "AS IS" and limited liability clauses are common in US law but offer minimal consumer protection. Data privacy is referred to other policies, requiring users to seek out additional information.
High risk. Users globally face significant disclaimers and limited recourse, especially where local consumer protection laws are weaker or less clear. Reliance on external privacy policies adds complexity.