FAQ - PennyPerch.

PennyPerch is a budgeting and savings app built for university students in the UK. It helps you track spending, understand where your money goes, and build better saving habits without the stress of spreadsheets.

Yes, PennyPerch is designed specifically for university and college students. The features, insights, and budgeting tools are tailored around student life (rent, food shops, nights out, loans, etc.).

No. PennyPerch provides budgeting insights and suggestions, not financial advice.

Everything you see is:

• Educational
• Informational
• Not a guarantee of financial outcomes

PennyPerch helps you:

• Track daily spending
• See where your money goes
• Spot overspending habits
• Set savings goals
• Get personalised budgeting tips

Think of it as a "money coach in your pocket".

Yes. PennyPerch uses AI to:

• Analyse spending patterns
• Suggest savings improvements
• Help you build realistic budgets

AI suggestions are helpful but not perfect. Always use your own judgement.

If you prefer not to use these features, you can easily toggle them off at any time under the "Smart Modes" section in your app settings.

Yes. We use secure systems to protect your data.

We:

• Encrypt sensitive data in transit
• Do not require or collect personal account credentials (we use anonymous, device-linked IDs)
• Do not sell your personal information
• Only use data to improve your experience

You have full control over your privacy. Because PennyPerch operates entirely on anonymous, device-linked profiles without account sign-ins, you can execute an absolute data erasure at any time. To permanently wipe your transaction history, savings logs, and cloud budget history, open the app, go to the Settings menu, scroll to the bottom, and tap the Reset Data button.

PennyPerch is available on:

• iOS
• Android

While PennyPerch is primarily optimised for university life in the UK, it fully supports international students tracking their funds. The app allows you to seamlessly switch your tracking dashboard between multiple global currencies, including the British Pound (£), US Dollar ($), Euro (€), Indian Rupee (₹), Nigerian Naira (₦), South African Rand (R), Canadian Dollar (C$), Australian Dollar (A$), Chinese Renminbi (¥), Kenyan Shilling (KSh), and Ghanaian Cedi (₵).

No, you can use PennyPerch without linking any payment cards.

PennyPerch is ideal for:

• University students
• First-time budgeters
• Students living away from home
• Anyone trying to save more and spend smarter

No. PennyPerch works alongside your bank app, not instead of it.

It helps you understand and manage your money better, but it does not hold or move funds.

You can report issues by emailing: contact@pennyperch.com. We actively improve the app based on user feedback.

For support, feedback, or partnerships: contact@pennyperch.com.