If you’re looking for an affordable and easy way to invest in stocks, ETFs, and bonds, Stash can be the platform for you. With fractional shares, Stash lets you start investing with any dollar amount.
Besides, you can now get $20 Stash Sign Up Bonus by opening your Stash account and depositing $5 into it.
On top of that, you can earn an extra $50 bonus to invest if you direct deposit $300 or more within 30 days of opening your account. This promotion can be found in the Stash Debit section of the app.
Stash Sign Up Bonus
How to Get $20 Stash Sign Up Bonus
- Click on this $20 Stash Referral Bonus Link
- Sign-up for your new account and complete the registration by filling up the details.
- Add your bank account and deposit at least $5 to your new Stash account.
- You’ll receive your $20 sign-up bonus in your Stash account within the next 3 business days.
About Stash Invest
Stash offers some great benefits including Fractional Shares, Auto-Stash, and Stock-Back rewards to its users.
Buying full shares of investments can be pricey and is associate with higher risks. Unlike many platforms, Stash breaks down whole investments into smaller pieces called fractional shares. This way investing in bigger shares becomes affordable. Fractional shares of most investments are available on Stash starting at $1. So, starting with just $5 you can buy a piece of any stock or fund with shares priced at more than $1,000 per share.
Auto-stash is their suite of automatic saving and investing tools. It can help you with moving money on a repeating schedule, saving and investing spare change from every transaction, and saving money by using smart analytics.
Stash also offers Stock-Back rewards on everyday spending. When you use your Stash banking card to purchase things from some select stores, they’ll give you back small pieces of stock that correspond to your purchase or a fund of your choice if there’s no match.
To use Stash, you need to purchase any of their three standard plans. There is a Beginner Plan costing $1/month, Growth Plan costing $3/month, and Stash+ Plan costing $9/month. All standard Stash plans include a personal investment account, a bank account, and some other basic benefits. But the Growth and the Stash+ plans come with some exclusive benefits like tax benefits for retirement investing and a metal card with 2x Stock-Back.
The Beginner Plan is great for trying out Stash and learning the basics of investing. Once you gather some experience, you can consider upgrading to one of their higher-tier plans.
Stash doesn’t charge you any fee to withdraw money and lets you move your money in and out of your Stash account whenever you want.
Requirements for Getting Started with Stash
Currently, only the residents of the United States can get registered and use Stash. They are planning on expanding their services to other countries in the future.
Assuming that you are a citizen of the United States or have a green card or one of the certain visas, you’ll need to ensure the following things to get started with Stash:
- You must be at least 18 years old.
- Minimum $5 to invest.
- Information on your bank account to connect it with your Stash account.
- Your social security numbers.
- Well thought out answers to some questions about yourself.
Stash $20 Bonus Referral Program
By joining the Stash Invest Referral Program, you can earn a $20 bonus for each successful referral. Those who’ll use your referral link to create their account will also receive a $20 bonus.
To join this program, open your account in the Stash app. Then go to the ‘Give Stash’ section under the menu and you’ll get your unique referral link. You can share this Stash Referral Link on different social media platforms like Facebook and Twitter and via text messages and emails.
If someone uses your referral link to sign up in Stash, you’ll receive a $20 bonus and he’ll receive a $20 bonus in respective accounts. You can earn a maximum of $500 referral bonus per year. It may take up to five business days for a referral bonus to be credited to the account. Once you receive the bonus amount, you can use it for investing through your Stash invest account.
If you want to withdraw it, you’ll have to wait 90 days from the day the bonus was credited to your account.
Stash Personalized Investment Strategy
Stash prepares personalized investment strategies for you based on your answers to certain questions. They also provide recommendations and guidance to help you choose the right investment options.
Stash checks factors like managed risk, low fees, and the historical performance of ETFs or stocks before adding them to their platform. A number of those investments are recommended to you based on the details you provided while creating your account.
Stash claims not to be only a bank or a trading app. They share educational content so that their users can learn to make wise financial decisions. Also, they provide personalized investment strategies that help find the users investment options of their preferred risk level.
Also, they are currently offering several offers to earn some free cash. So, if you want to invest in ETFs or stocks, you should consider giving Stash a try.