Stash is a personal finance hub app that offers access to investing and banking services. Designed for everybody, you can use Stash for budgeting, investing, banking, and gaining financial literacy. Additionally, they offer tiered monthly subscription plans.
- No investing minimums*
- Fractional shares
- Flat-rate fee structure
- All educational services are done through the app/website, and there is no personal advisor on the phone or in person
- Can’t roll over existing retirement accounts like a 401(k) or IRA
Stash Ratings at a Glance
- Overview of Stash
- Services Offered
- Account Minimum
- See All 8 Items
Overview of Stash
Stash has grown to over 6 million (and counting) users since its inception in 2015. Stash is a comprehensive personal financial app built for everyone to have access to investing in themselves.
You can use Stash for banking1, investing and saving — for retirement and other specific goals — from a central hub that you can access on your smartphone or on the web.
Stash offers access to banking1 and investment accounts along with several useful budgeting, saving and automatic investing features.
Stash encourages customers to follow The Stash Way–a long-term investing approach that they support by offering auto-investing which can help build your portfolio. You can start to invest with $5, and you can make regular investments (even if they’re small) for a long-term investing strategy. You can select exchange-traded funds (ETFs), which are basically packages of stocks and bonds that fit a “theme.” You can choose ETFs from categories that resonate with you or invest in individual stocks from companies you already love. Stash offers fractional shares, so you can own pieces of stocks that you may normally have not been able to afford.
Stash can also help streamline saving for retirement. You have the option to choose between a Traditional or Roth IRA, which can offer potential tax benefits. You can use the Stash’s auto-investing technology to get you started on your retirement planning journey.
The Stash banking account, has no hidden fees2, and you can transfer money from a linked external account. Or, you can set up direct deposit — and potentially get paid up to 2 days early with ASAP Direct Deposit.3
With Stash you can get the Stock-Back® Card. By using the Stock-Back® Card you can earn pieces of stock when you use your card. The Stock-Back® Card allows you to automatically invest in the stock of the brands you spend with. You can earn fractional shares of these companies while automatically investing in well-known merchants.1
Auto-Stash is Stash’s auto-investing and savings tool. With your personal investment, retirement or custodial account, you can use the following tools to automate your investing and saving habits:
- Rounds-Ups4: Round up to the nearest dollar on Stock-Back® Card purchases and Stash can automatically invest or save your spare change.
- Set Schedule: Set regular automatic saving and investing intervals that will set aside money into your banking account or your investment account.
Depending on your financial needs, you can choose from 1 of 2 subscription tiers:
Stash Growth
- Includes a Roth or Traditional IRA
- Tax optimized retirement investing
Stash +
- Includes all Stash Growth features
- Up to 2 custodial investing accounts for kids
- Earn 1% Stock Back1
- Monthly market insight report
Stash does not require customers to deposit a minimum amount of money to open a personal portfolio for investing or a Stash banking account, however, to receive your Stash Stock-Back® Card, you must deposit at least $1.00 to your Stash banking account balance and you must always pay at least $3/month with the monthly fee.
Stash charges a flat-rate monthly subscription fee, and there are no add-on commission fees that you may face with other platforms or more traditional advisors. You can switch tiers at any time.
- Stash Growth: $3 per month
- Stash+: $9 per month
How to Open a Stash Account
You can join Stash easily—visit them here to get started. Stash uses a series of questions to zero in on your financial goals and can help direct the advice they give you for your saving, budgeting and investing strategy.
Once you and Stash know each other a little better, you can select the subscription plan that suits your needs the best. You can then fund your Stash account by linking an external bank and making a transfer.
That takes care of the sign-up process. With your Stash subscription, you can set goals and use automatic saving and budgeting features to meet them.
You can start investing as soon as you have cash into your investment account. You can invest less than a $1 in a portfolio of investments you can choose from thousands of stocks and ETFs available on the Stash platform.
Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. Investing involves risk and investments may lose value. Holdings and performance are hypothetical. Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.
Stash Investment Style
You can invest in fractional shares, allocating whatever you put in your investment account toward your choice of thousands of stocks and ETFs. Stash focuses on long-term investments and has only four trading windows throughout the day for this reason. You can shape your portfolio to focus more on long-term investing rather than a focus on buying and selling. If you receive dividends from your investments, they’ll show up in your cash balance account.
Stash assesses your risk tolerance too, which can help you diversify your portfolio by making suggestions of fractional investments in stocks and ETFs that you can make.
Stash can be a useful digital financial app with a focus on making investing more accessible to smaller investors. You can do your banking, savings, investing and retirement planning in one place, all while gaining access to useful financial knowledge and education.3
You can sign up easily. Stash will take the time to get to know you as a person and an investor to identify your financial goals and help you set a strategy to meet them. Visit Stash online today or download its app
Frequently Asked Questions
Can I get rich with Stash?
Like any investment platform, it is possible to make a lot of money using Stash. However, good investments require a lot of research. Investing with potentially great reward comes a great amount of risk.
DISCLOSURES
Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.
Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.
*For a complete list of fees please see the Deposit Account Agreement for details.
1All rewards earned through use of the Stash Stock-Back® Debit Mastercard® will be fulfilled by Stash Investments LLC and are subject to Terms and Conditions. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. In order to earn stock in the program, the Stash Stock-Back® Debit Mastercard must be used to make a qualifying purchase. Stock rewards that are paid to participating customers via the Stash Stock Back program, are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value. All rewards earned through use of the Stash Stock-Back® Debit Mastercard® will be fulfilled by Stash Investments LLC and are subject to Terms and Conditions. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. In order to earn stock in the program, the Stash Stock-Back® Debit Mastercard must be used to make a qualifying purchase. Stock rewards that are paid to participating customers via the Stash Stock Back program, are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value. 1% Stock-Back® rewards available only on Stash+ ($9/mo) and only for client’s first $1,000 of Qualifying Purchases in each calendar month program.
2Stash offers access to investment and banking accounts under each subscription plan. Each type of account is subject to different regulations and limitations. Stash Monthly Subscription Wrap Fee starts at $3/month. You’ll also bear the standard fees and expenses reflected in the pricing of ETFs, plus fees for various ancillary services charged by Stash and/or the Custodian. Please see the Advisory Agreement for details. Other fees apply to the bank account. Please see the Deposit Account Agreement.
3Early access to direct deposit funds depends on when the payor sends the payment file. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
4This Program is subject to terms and conditions. In order to participate, a user must comply with all eligibility requirements and make a qualifying purchase with their Stock-Back® Card. All funds used for this Program will be taken from your Stash Banking account.
Ancillary fees charged by Stash and/or its custodian are not included in the subscription fee.