Stash App Guide (2023): Everything You Need To Know About Stash!

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If you want to become an Independent Mom, then one of the most important things you will need is a lot of money! And must have financial knowledge.

Investing in stocks is the most popular and well-known way to become a rich woman. So, If you are a beginner and don’t know about investing, then Stash App is best for you!

Stash is an investing app that allows you to invest money with a low amount of money and on fractional shares so that you don’t need to have thousands of dollars to get started. 

You only need around $5, and you only have to pay $1 a month to access all advance features, including a customized portfolio, live reports, Stash App Investing courses, and Tones of data that will help you to make your fist successful investment with higher returns!

Stash app investing would be a great opportunity for beginner investors because it gives you complete insight and data about your investing access to a whole bunch of investments. Housewives and Moms can easily start investing with Stash App.

Stash app investing

What is Stash?

The Stash app is an investing app that makes it easy for new investors to get started investing in different areas of the stock market, in real estate and bonds

Stash App

The Stash app is convenient and goes far beyond just investing because it also has a mobile banking feature. They also have a cashback portal like  Brandclub and TopCashback, which offers you cash back on your every purchase, and you can even open a Custodial or Retirement account to save money for your future.

With the Stash app investing, you can get started investing with as little as $5. Compared to other brokerages, you may need hundreds of dollars just to get started investing in single stocks.

But, The Stash app investing feature allows you to buy fractional shares with just $5, so you can buy a fraction of a percentage of a full share of stock that may cost hundreds Dollars, and you can put $5, $10, or whatever amount you are comfortable with and buy a tiny piece of that stock.

Here are some factors and queries related to new investors that why the Stash app is a better option to start trading.

Stash App Sign Up Bonus: $20 Welcome Reward!

Claim a $20 Stash Sign Up Bonus when you join through our special Stash Promo code and complete your stash profile. Check out our article on Stash Promotions.

Is Stash App Safe and Legit?

Is Stash App Safe and Legit?

Yes! Stash App is a completely legitimate and safe that allows you to invest in fractional shares with a very low amount and even doesn’t ask for any minimum deposit.

When using any financial app, you want to know that your data is safe. As you have to invest money in Stash, Is the Stash Invest App legit and safe to invest in? Yes, the Stash Invest app is a completely verified company.

Stash uses the latest security measures to protect customers, including 256-bit encryption, biometric authentication, and other advanced technologies that improve users’ experiences.

With more than 361,786 ratings on the App Store (where it’s ranked #15 in Finance) and Google Play, Stash Invest App is one of the most popular finance apps available.

Stash is registered with the U.S. Securities and Exchange Commission (SEC). Deposits to Stash Savings accounts are FDIC insured up to the legal limit through a partnership with Green Dot Bank.

In addition, by partnering with Apex Clearing Corporation, we are able to guarantee that up to $500,000 of your investments are also protected.

How Much does Stash Subscription Cost?

How Much does Stash Subscription Cost?

Stash has three subscription plans:

Stash Beginner: $1 Per Month

Stash Beginner includes all of our wealth-building basics. It could be a good place to start if you’re new to saving and investing and want to dip your toes in first.

Benefits:

  • Advice: For beginner investing
  • Investing access: Personal Portfolio
  • Banking access: Stock-Back® Card
  • Get paid up to 2 days early
  • Insurance access: $1k life insurance offered by Avibra

Stash Growth: $3 Per Month

If you want to expand your long-term investing plan, the Stash Growth subscription might be a good pick for you. It comes with a retirement account (Roth or Traditional IRA) and tax benefits for retirement investing.

Benefits:

  • Advice: For beginner investing
  • Investing access: Personal Portfolio
  • Banking access: Stock-Back® Card
  • Get paid up to 2 days early
  • Insurance access: $5k life insurance offered by Avibra.
  • Advice: For growing personal finances
  • Investing access: Smart Portfolio, Retirement Portfolio.

Stash Plus: $9 Per Month

Stash+ is our premium plan offering, and it includes every tool, feature, and account type that Stash offers. Highlights include investment accounts for children and a Stock-Back® Card that earns double stock. If you’re a debit card spender, have kids, or simply want to maximize the potential of your money on Stash, this plan could be right for you.

Benefits:

  • Advice: For beginner investing, For family finances, Stash+ Market Insights.
  • Investing access: Personal Portfolio, 2 Kids Portfolios (custodial accounts).
  • Banking access: Stock-Back® Card,2x stock with the Stock-Back® Card.
  • Get paid up to 2 days early
  • Insurance access: Avibra offers $10k life insurance.
  • Advice: For growing personal finances
  • Investing access: Smart Portfolio, Retirement Portfolio.

Want to increase your income source? Read our article on How To Make $100 In 30 Minutes?

How does the stash app work?

How does the stash app work?

Stash offers a variety of different ways to make money, including opening a taxable account so you can begin investing your cash in the market. You can also use a debit card that offers rewards in the form of stocks or funds. 

Different programs have different features and fees, which is why it’s important to understand all of your options with Stash products before making a decision about what’s best for you.

Stash app investing helps you invest small amounts from your bank card every day in a tax-free investment called the Stash Tax-Free Investment. All you have to do is download the free app and choose which bank card you’d like to invest from. 

Stash invest app will automatically set up an investment account for you and manage your investments, so you don’t have to worry about anything. Investing $5 a day, in the beginning, can really help you develop some solid wealth in the long term. 

Before you know it, each dollar will really start to add up! You may choose to set up your account on a schedule, for example, if you want to invest $500 every single month.

You have the choice between two portfolios. The Top 40 Shares portfolio, which performs as the market does, guarantees a 3.5% rate of effective annual growth; investors choose this option if they are confident that it provides stability in their overall portfolio structure. 

Or you can choose a Cash+ portfolio with an effective annual growth rate of 6%, created for those who want to put more emphasis on their portfolio performance. You could also choose to split your investment between these options.

What makes Stash Unique?

You might be wondering why I would invest with the stash app? Well, I am going to tell you some of the biggest advantages of investing in Stash:

Stash App features
  • Fractional Shares: 

You don’t need a lot of money twice to get started if you want to buy Apple shares, and you only have five bucks, but it costs $200. You can still buy a percentage of that stock right without having to have the entire 200 bucks. Isn’t that awesome?

  • No trading fees:

You don’t have to pay any trading fees for any stock you buy or sell, for example, if you buy stock normally, you have to pay $10 as trading fees, but when you buy stock or invest in something from Stash, then you don’t have to pay the trading fees.

  • Low entry fees:

To actually get started through Stash, you only need around $6 to start investing today right now! And it’s very simple and very easy to get started.

  • DIY and automated investing:

Stash is a new kind of automated investment platform that allows you to buy a diverse portfolio of highly rated stocks, bonds, and ETFs with just one trade. The platform acts as an automated portfolio, so clients have the option to choose how involved they want to be when it comes down to making decisions about their own investments and how much risk they are willing to take. So that you may have an idea about how much you should invest.

Stash Pros And Cons

Stash Pros And Cons

Pros

  • Automatic savings and investing tools
  • Offers fractional shares
  • Earn bonus stocks through debit card purchases
  • Low minimum investment requirement
  • Educational content included with the app

Cons

  • High monthly fees for premium versions
  • High expense ratios on ETFs
  • No wealth management services

Conclusion

If you’re looking to invest in a managed portfolio and also want to pick your own individual stocks, Stash app investing may be the right choice for you. You will have access to share classes that meet your specific goals. Stash also offers fractional shares, which allow you to diversify with minimal investment.

Stash is a great choice for people who want to have more control over their investment decisions and don’t have bank accounts. The rewards offered by a Stash debit card are comparable to the rewards from most credit cards, so you choose whether Stash is best for you.

Stash Invest App FAQs

How do I contact Stash?

Stash prefers to push its customers toward automated support options. For example, when you visit their support page, you’ll see a big button to start a conversation with their live chatbot. However, you can also call or email the company directly.

Stash Support email: support@stash.com,
Phone number: 800-205-5164 

What is a Stash Debit Card?

Stash Banking is a new debit product from Stash invest. It’s a physical debit card that you can use to make everyday purchases just like you would any other debit card.

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