In this guide

  • Review
  • Details
    • Investing features
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

StreetShares review

  • Avatar
StreetShares
Minimum deposit
$25
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money. Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Summary

A no-fee way to invest in bonds that directly support veteran-owned businesses. But new bonds are no longer available for purchase.

  • Consider StreetShares if you want a three-year bond with a 5% return.
  • Look elsewhere if you’d like to invest in other securities, including stocks.

In this guide

  • Review
  • Details
    • Investing features
  • Your reviews
  • Ask a question

Details

Investing features

Account types Brokerage
Annual fee $0 per month
Average return 5%
Available asset types Bonds

Editor’s note: The StreetShares web site says no new Veteran Business Bonds are being offered.
If you’re looking to diversify your portfolio with a low-risk investment, StreetShares offers a higher return than a savings account and supports a worthy cause. But its no longer accepting bond investments, and it’s not available to all US residents.

What investments does StreetShares offer?

StreetShares stopped offering its Veteran Business Bonds as of December 2020.

Who is StreetShares best for?

StreetShares is best for investors who want a fixed-income investment while supporting veteran-owned businesses.

Fees and costs

StreetShares is a fee-free way to invest in bonds. You’ll only pay a fee if you withdraw funds outside of your anniversary window or before the three-year mark.
Let’s imagine you invested in bonds on October 1, 2019. Your anniversary window would begin on October 1, 2020, where you’d have two weeks to withdraw your funds without penalty.
After that, you’d have to wait for three years until October 1, 2023, to withdraw without penalty again. You pay a 1% fee if you withdraw funds outside these times.

How do I sign up?

StreetShares is no longer accepting new investments.

Research tools

Your money doesn’t go directly to the small businesses. Instead, when you purchase bonds, your money funds a pool of capital that StreetShares uses to invest in small businesses. That means investors don’t get research tools to select what bonds or businesses to support.

Pros and cons

Pros

Some common benefits of StreetShares include:

  • Investments support veterans. StreetShares donates 80% of funds to veteran-owned small businesses.
  • Competitive interest rate. Earn 5% interest daily on bonds.
  • Short holding period. Investors can withdraw funds in as little as one year.
  • No management fees. Investors only pay a fee for early withdrawals.

Cons

StreetShares bonds are no longer available for purchase. Other potential drawbacks for StreetShares include:

  • Bonds only. Unlike other investing platforms, StreetShares doesn’t offer stock as an investment option.
  • Long processing period. Withdrawals over $50,000 can take up to 30 days to process.
  • Not available to all US residents. StreetShares bonds aren’t available to those living in the following areas: Arizona, Florida, North Dakota, New Jersey, Washington, Guam.

Is StreetShares legit?

Yes. StreetShares is a lending company founded by two military veterans, Mark Rockefeller and Mickey Konson. It has qualified with the Securities and Exchange Commission (SEC) to offer Veteran Business Bonds and is an accredited business with the Better Business Bureau (BBB).

StreetShares reviews and complaints

As of March 2022, StreetShares has four customer reviews on the BBB with a 2.75 out of 5-star rating. It also has a 2.8 out of 5-star rating on TrustPilot based on 168 reviews.
Customers love investing with StreetShares claiming, “the 5% return on their three-year notes is hard to beat.” Customers also liked that when new bonds were available, they could reinvest interest into new bonds once they’ve accumulated at least $25.

BBB ratingA
BBB accreditedYes
BBB customer rating2.75/5 based on 4 customer reviews
Trustpilot score2.8/5 out of 168 customer reviews
Google Play appN/A
Apple app storeN/A
Customer reviews verified as ofMarch 2022

How do I contact StreetShares support?

StreetShares customer service is available weekdays between 8 a.m. and 7 p.m. ET. There are several ways to get in touch with a representative:

    • Phone: 800-560-1435
    • Email: support@streetshares.com
    • Mail: StreetShares, Inc., 1900 Campus Commons Drive, Suite 200, Reston, VA 20191

Compare Streetshares to other platforms

StreetShares logo

StreetShares


Available asset types

Bonds


Stock trade fee


Minimum deposit

$25


Complete signup bonus

SoFi Invest® logo

SoFi Invest®

★★★★★

Finder rating 4.2 / 5

Go to site


Available asset types

Stocks, Mutual funds, ETFs, Alternatives


Stock trade fee

$0


Minimum deposit

$0


Complete signup bonus

Get up to $1,000 in stock when you fund a new account within 30 days.

Tastytrade logo

Tastytrade

★★★★★

Finder rating 4.6 / 5

Go to site


Available asset types

Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills


Stock trade fee

$0


Minimum deposit

$0


Complete signup bonus

Get $100-$5,000 when you open and fund an account with $5,000 to $1,000,000+

Bottom line

StreetShares was a fee-free way to invest in bonds. But since Veteran Business Bonds are not currently available, you might want to shop around for another investment platform.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Cassidy Finder

Writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site