Get $5 for opening a Stash Invest account
Automatically applied once you open a qualified new Stash Invest account.
For many young adults, getting started with investing can sound like it’s too expensive, full of too many bad options and too much of a pain to reasonably get into.
Stash can help ease the upfront cost and simplify what you can choose from. With low minimums for both individual and retirement accounts, Stash can be just what a beginner investor needs to break into the market.
Minimum deposit to open
Designed to make investing simple, Stash is best for those who need guidance from building a profile to managing your investments.
Stash offers investing tools and resources that allow you to fully discover what you want to invest in.
Stash offers individual and retirement accounts, each with their own fee structure. You must have an individual investment account to start a Stash retirement account.
On the surface, Stash’s transparent fees look pretty good. But for accounts of $5,000 or higher, that 0.25% annual fee could get pricey. On a balance of $30,000, you’d pay $75 a year — not so bad at around $6 a month, but still higher than other microinvesting apps. But say you’re lucky enough to accumulate $50,000 — that’s $125 a year, or a little more than $10 monthly.
Still, you’ll pay no fee to transfer money into or out of your individual Stash investment accounts or to close your account. When it comes to your Stash retirement accounts, you could pay fees and taxes if you try to withdraw your funds before age 59½.
Go over your individual circumstances with a tax advisor before withdrawing from your Stash retirement accounts.
The Better Business Bureau (BBB) gives Stash Investments an A- rating and a composite score of 3.23 out of 5. The two negative reviews posted on the BBB website indicate a lack of understanding about Stash’s fee structure, which may come from hearing about Stash secondhand. Of the 11 complaints, four were resolved to the customer’s satisfaction, and only one was marked with a failure to make a good faith effort to resolve it.
You can read more about issues and promotions on the Stash subreddit at /r/stashinvest.
To sign up with Stash, you must be a US resident who’s at least 18 years old and own a valid bank account.
The whole process takes around two minutes to complete. Your first transfer of funds may take time due to the confirmation process for your bank account. Stash will deposit a few cents to your account to verify that it’s yours, which can take from three to five business days.
You can access your account through Stash’s app to keep an eye on your total returns, account value, portfolio balances and awaiting cash. If you sign up for a retirement or individual investment account, you’ll need to log in to your Stash Retire account online.
For customer support with questions or issues, use Stash’s online form for quick turnaround weekdays from 8:30 a.m. to 6:30 p.m. ET or weekends from 11 a.m. to 5 p.m. ET.
Stash is an investing and money management company that grew out of a desire for a financial system designed for those just starting out. Established in 2015 by three former investment bankers, it’s had time to grow and expand its product offerings with no hidden fees or commission.
In early 2018, Stash made the headlines for raising $37.5 million to launch an innovative banking service focused on underserved Americans. Expect to see the new service roll out shortly.
Stash is a relatively friendly choice for those just starting out in the sprawling land of investing. While it can be costly if you’re not ready to regularly invest, solutions such as its Smart-Save feature can help you regularly build a nest egg.
Microinvesting options aren’t limited to Stash, however. So it’s a good practice to compare investment services to see what’s out there before you settle on one.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.