Leave a Review Stash
Slow but good
It’s a slow build for sure, but once I figured out how to do it, it’s been great. Everyone I refer it to get annoyed and close their accounts because they want instant results. It’s not like that it’s a build over time. But the market itself is a factor. It allows you to build stocks, and have accounts for your kids so that you could have something to give them down the line. As well as a retirement section. You can withdraw your funds at anytime. And that part is easy as well. There are stocks, bonds, efts and more. The more diversity the better. You can choose your risk level too. 5$ min invest. The option to have reoccurring payments is an option but I find it best to invest on my own rather then shoving money into it. The point is to let it age like fine wine.
Stash tip(for those who are new): if you buy a $ more than market value, you will notice a quicker build then if you invest 5$ at start. Then when you made a profit, sell that for only the profit gained, so that you still have something to build from.Show lessAll the gabies
Decent
Easy place to slowly build up a financial safety net overtime while overall serving a user better than a traditional bank. Three years I’ve used it so far. A nice place to put things on autopilot in the background. Plenty of information available all over the app. Downsides: Overall boring looking interface. Weak, cheap plastic debit card whereas acorns sends a heavy duty gem and Robinhood a sleek card with choice design. Very flimsy and uninspiring when compared to even the most basic of cards. Non-interactive platform. Your portfolio doesn’t instantaneously change with new market data. It changes just a few times a day. No excitement will come from watching it. Not even the automated smart portfolio moves instantly, only working within their trading windows. Not a fast moving platform at all. Meant to be gentle.
Update 2022:
I started investing with them in 2017. Smooth sailing. Lovely growth. Gradual. Twice in less than a month I’ve not been able to access my account on my phone. For whatever reason stash will occasionally give error codes “stash is cancelled” among other peculiar things. My phone automatically updates these apps, so I always have the latest version. I have to uninstall and reinstall. If this can’t get resolved I will probably transfer all holdings to another account and delete stash.Show lessdmannn94
Developer Response
We'd be happy to see what happened with your account. Please contact us at 1(800) 205-5164 or send us an email at support@stash.com.Great idea; rough start
I had first invested through a promotion and was impressed with the app, features, accessibility, along with information and guidance for personal investment goals. I ran into an error the first few weeks where two deductions were made from the Stash system on my account, and a paper came in the mail to inform me my mailbox was full and not receiving mail when it was? So i called C/S: my email was verified and the deductions reversed. One week later, I had a notice to re-connect a bank account, and was offered a $30 promo to do it. First of all, I saw my checking account was still connected, but I made multiple attempts to connect with other accounts with Plaid and manually, to no success, and ultimately I had thought it was a temporary issue, I checked website status, everything was running according to the website. I gave it a couple days, then I had a notice that I needed to reconnect a checking account by midnight to get a now increased promotion of $40. I went at the account connecting process again and was given a message to contact Stash customer service. When I called, I spent nearly 20 minutes with a C/S Rep that was friendly enough but had no idea of the situation with which I presented, nor a hint of what was going on. I just hung up. I don't have time for a broken system that would not only require me to invest money but my time as well. I hope the bugs get ironed out and that this review will be helpful.Show lessdialitim
Great learning tool for new investors
When I first started I had little to no success in the market. Basically, I knew nothing. But after reading about how STASH helps us retailers and using their education blogs I was able to start actually earning and grow my savings. So I am putting a regularly scheduled amounts into both a retirement plan and personal account along with any disposable income I have. Their is a “smart account that STASH manages it. Mine earns well enough but I’m optimistically cautious about that account. I rarely withdrawal any cash as it’s a savings account. I have learned so much from them that now I can look to more aggressive investments within the app for faster growth, high risk investments. I have even learned about crypto currency and trading in that world too. I haven’t seen STASH get involved with cryptocurrency but as a result of my education from the STASH I have been using their strategies in the crypto market with some success. I have enjoyed the last 2 years with this app and it’s my go to for most of my questions. I feel I still have much to learn and this app helps. I have recommended this app to many people and they have enjoyed it as well. Anyway that’s my two cents. Good job stash team!Show lessDrStones
Love it, Hate it
Love the stock back part of this app. Love getting paid early and not having to wait till “payday “ to get paid. The ability to purchase stocks is another plus.
Hate their new thing, where when I go to buy gasoline, even though I make a pin purchase from INSIDE the store and not at the pump, they authorize, in addition to my purchase price, an amount equal to my actual purchase. Say I bought, $20 in gas, a couple sodas, and a candy bar. Total price $30, I pay inside for all of the purchase, then go pump my gas at the pump. Stash, charges my $30 for the purchase and another $30, which sits as pending for 8-10 days. Only work around I can find is to add money to a fuel card and use it for gas, or don’t need the extra $30 till they drop the pending. I should say, IF they drop the pending, for some reason, never explained, the last time they put something pending, they claim it’s the gas station doing it, yet it is only when I used Stash to pay, they took the pending off my transactions, but the money never made it back to my account and seems to have vanished into then air. If not for the hassles of changing to a different bank, changing direct deposits, etc, I would gladly not use Stash. Losing the stocks, etc would also be a disappointment and they have taken enough money already. Use the work around, make sure gasoline doesn’t show up in your purchase and you will be alright.Show lessflightmedic 44
Developer Response
We'd be happy to see what happened with your account. Please contact us at 1(800) 205-5164 or send us an email at support@stash.com.Great app to begin investing
I started investing with stash when I was 24. In the beginning it was a challenge to understand investments, strategies, and all of of the rules involved with investing. But after I did my own research on the stock market and capital gains tax, and with the help from stashes insights. I have become very confident in my ability to invest my hard earned money into things I believe in and understand, and now my money is working for me more aggressively! Stash made it easy! When I started, the app was kind of slow with ticker prices and didn’t have the smart portfolio. But over time these things have been updated and have become even more user friendly and the new smart portfolio seems to be working out good with the amount that I put into it. I would recommend stash to any beginner in the stock market. Also the stock party’s are a plus to earn some extra change. It only takes a few minutes to earn! I would recommend going that route for beginners. Thank you stash! With your help, me and my fiancé will be able to purchase our first house!Show lessJonny Robarge
Relative Newbie happily and easily investing money
I downloaded this app about a year ago and have accumulated a nice chunk of change in my investments without feeling like I was spending all of my money. I like how you can invest as little as you want on whatever timeframe works for you. I was able to set my preferences and then leave it alone and watch my balances go up. I have it automatically withdraw money from my bank account on pay days and it invests it for me, so I don’t forget. I’ve also taken advantage of the bank account they offer and put my weekly spending money on there so that as I am shopping, I’m buying stocks as well. I turned on the round up feature but they also give you minuscule amounts of stocks just for using your card. They have information available to help ensure you are diversifying your investments, too. This app is super easy for new investors or anyone who doesn’t have a lot of money to invest. I did get really excited about how I was finally able to build up money in some investments, that I downloaded another app that is supposed to be investing for stock bits but the other app was not as user friendly, in my opinion as I am still learning about investing. I recommend this app to all of my friends (and not just because of the referral bonus). Good luck on your investments!Show lessBecca and Kids
Please define the word steal
Years ago my wife and I sold all we had in stash. I thought I had closed my account. Months later I discovered they were still charging me a monthly $1 maintenance fee. They managed to slip in something like $0.35 that apparently they owed me. So I pulled the money out AGAIN and thought I had closed the account. Again, months later I discovered that I was being charged $1 monthly maintenance fee. So then I went and found that there were additional steps required to take to close an account. Finally got it closed. I checked my bank account recently. This is on a bank account that I never use for anything of significance. FOR THE PAST SEVERAL YEARS THEY HAVE BEEN CHARGING ME A MAINTENANCE FEE! After some digging we found that it is on my wife’s account that she never took all the steps to close. $1 per month for years on a zero balance account, with zero activity. While technically not stealing, I feel that this falls clearly under the unethical category. What did I lose? Maybe $50 all told. Not that big a deal. But I gained a reminder that people will goose you for a buck and continue to goose you so long as you don’t notice it. Thanks for the life lesson Stash!
If you are genuinely interested in getting on the side of morality with no questions asked, send an email letting us know you are still taking money on an inactive account.Show lessd/dx
Highly recommend for younger casual investors
This app is really good for people who might not know too much about investing. It will give you a little bit of training materials that will set you on the right path, it offers banking options, Retirement options, and access to the stock market with good breakdowns, great options. They offer bond packs that allow you to see what you’re investing in. They give you the option to immediately re-invest dividends into stocks that pay dividends. They give you a debit card that gives you stock in companies that you patron using the card. They give you access to many other features, The phone support is pretty good in explaining what’s going on with the system. Just be aware that moving money between accounts usually takes up to two business days, and likewise for selling stocks. I believe that’s due to legal procedures, but I’ve found it gives me time to consider deeply what I really want to invest in. The app is admittedly addictive, and pleasurable. It works great regardless if you’re always on it or If you invest and forget about it for a while. Make your money work for you. Put yourself in a better spot for the future.
I wish I could opt in to a little more niche market options, Crypto for example. I don’t think this app was designed for that though.Show lessSD'icus the nighthearted
Best decision
I am an average person with a job that barley pays over the poverty line. I realize that if I’m to build wealth with the little bit of money I’m able to get I needed help but didn’t know the first place to start. So when my friend suggested that I should get the stash app. I was hesitant at first because I didn’t know anything about investing or portfolios much less how to choose which stocks to buy or more importantly which ones not to. Since I’ve had stash I can say that I have a better idea of the process and all my questions have been answered and even questions that I didn’t know to ask. Stash has helped educate me and put my mind at ease when it comes to building wealth in the stock and investment world. To the Stash team I am grateful and appreciate the help and hard work that they put into helping me make smart decisions in regards to building wealth long and short term. Hands down the smartest thing I have ever done with my phone is download Stash! Building wealth is a difficult task but with Stash I started doing just that. They say every difficult journey starts with a single step and getting the Stash app was mine, it can be yours to so don’t worry and start building wealth it is the best thing you can do for yourself. It was for me.Show lesstripOvr
