Stash Invest Review

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Contributor, Benzinga
Updated: June 1, 2022
Stash
Best For
  • Casual investors
securely through Stash's website
1 Minute Review

Stash is a personal finance hub app that offers access to investing and banking services. Designed for everybody, you can use Stash to budget, invest, bank, and gain financial literacy. Additionally, they offer tiered monthly subscription plans.1 

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Best For
  • Casual investors or people looking to test the waters
  • Long-term investors who can tolerate potential market volatility
  • Savvy investors who can self-direct their strategy with the help of expert advice
Pros
  • No investing minimums2
  • Fractional shares
  • Flat-rate fee structure3
Cons
  • 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

Services Offered
Account Minimum
Fee Structures and Pricing
Overall

Overview of Stash

Stash has grown to over 6 million (and counting) users2 since its inception in 2015. Stash is a comprehensive personal financial app built for everyone to have access to investing in themselves.

With Stash, you can bank, invest and save3 — for retirement and other specific goals — from a central hub that you can access on your smartphone or on the web.

Services Offered

Stash offers access to banking 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, offered through Green Dot,  has no hidden fees4, 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.5

With Stash you can get the Stock-Back® Card6. By using the Stock-Back® Card you can earn pieces of stock when you use your card. The Stock-Back® Card6 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.7

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-Ups
    • 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 3 subscription tiers:

Stash Beginner

  • Fractional shares
  • Investment account access included
  • No account fees personal banking account4
  • Built-in budgeting and savings tools
  • Earn stock  with the Stock-Back® Card6
  • Financial advice and literacy resources
  • Get your paycheck up to 2 days early5

Stash Growth

  • Includes all Stash Beginner features
  • Includes a Roth or Traditional IRA
  • Tax optimized retirement investing

Stash +

  • Includes all Stash Beginner + Stash Growth features
  • Up to 2 custodial investing accounts for kids
  • Earn double Stock-Back® rewards for spending8
  • Monthly market insight report

Account Minimum

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.

Fee Structures and Pricing

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 Beginner: $1 per month
  • 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 goals9 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.

  • Stash
    More Details
    Best For
    Casual investors
    Overall Rating
    Read Review
    securely through Stash's website
    More Details

    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.

    Bank Account Services provided by and Stash Visa Debit Card (Stock-Back® Card) issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association

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,10 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 Overall

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

Q
Can I get rich with Stash?
A

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.

Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.

1 For Securities priced over $1,000, purchase of fractional shares starts at $0.05.   

2 This is not an endorsement or a statement of satisfaction by any Stash client. 

3 Stash offers access to investment and banking accounts under each subscription plan. Each type of account is subject to different regulations and limitations. See the Advisory Agreement and the Deposit Account Agreement for more information. 

4 Other fees apply to the bank account. Please see the Deposit Account Agreement for details. If applicable, your Stash banking account is a funding account for purposes of the Advisory Agreement. Your Stash subscription fee may be deducted from your Stash banking account balance.

5 Early availability depends on timing of payor’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period.

6 All rewards earned through use of the Stash Visa Debit card (Stock-Back® Card) will be fulfilled by Stash Investments LLC. Rewards will go to your Stash personal investment account, which is not FDIC insured. 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. Stash Stock-Back® Rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates.

7 What doesn’t count: Cash withdrawals, money orders, prepaid cards, and P2P payment. If stock of the merchant is not available for a qualifying purchase, the security will be in shares of a predetermined ETF or from a list of predetermined publicly-traded companies available on the Stash Platform. See full terms and conditions.

8 Double Stock-Back® Rewards is subject to terms and conditions.

9 Money moved into a Goal must be moved back to the bank account available balance to be used and does not earn interest.

10 Remember, not all stocks pay out dividends. And there’s no guarantee any stock will pay dividends in a quarter or year. Dividends may be subject to additional taxes, and are considered taxable income. Please refer to the IRS for additional information.

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.

Bank Account Services provided by and Stash Visa Debit Card (Stock-Back® Card) issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association

If publicly-traded stock of the merchant (or a subsidiary thereof, if applicable) is not available or otherwise capable of being fulfilled for any reason, the stock reward arising from a qualifying transaction will be in an ETF or a publicly traded company available on the Stash Platform. A user will receive shares of the ETF or publicly traded company that is designated as their Default Investment at the time the qualifying purchase posts to the user’s Stash Banking account.

Availability of trading windows is dependent on market conditions and may be subject to limitations.

“Retirement Portfolio” is an IRA (Traditional or Roth) and is a non-discretionary managed account. Stash does not monitor whether a customer is eligible for a particular type of IRA, or a tax deduction, or if a reduced contribution limit applies to a customer. These are based on a customer’s individual circumstances. You should consult with a tax advisor4 Stash does not monitor whether a customer is eligible for a particular type of IRA, or a tax deduction, or if a reduced contribution limit applies to a customer. These are based on a customer’s individual circumstances. You should consult with a tax advisor.

Roth IRA: Withdrawals of the money (Contributions) you put in are penalty and tax free. Prior to age 59½, withdrawals of interest and earnings are subject to income tax and a 10% penalty. All earnings are tax free at age 59½ or older, assuming your first contribution was more than 5 years prior. Income Eligibility applies.

Traditional IRA: Withdrawing prior to age 59½, generally means you’re subject to income tax and a 10% penalty. Withdrawals after age 59½ are only subject to income tax but no penalty.

Stash offers three plans, starting at just $1/month. For more information on each plan, visit our pricing page.

Stash Subscription fee starts at $1/ month. You’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash and the Custodian. Please see the Advisory Agreement for details. Other fees apply to the bank account. Please see the Deposit Account Agreement

“Kids Portfolio” is a custodial UGMA / UTMA account. Money in a custodial account is the property of the minor. This type of account is a Non-Discretionary Managed account.

Depending on the subscription plan, there may be additional steps a user must take to cancel their account which may impact the amount of time it takes to fully close an account. You may incur ancillary fees charged by Stash and/or it’s custodian that are not included in the monthly Wrap-Fee.

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