Beware of the fees
Even though it aims to appear as an upper scale, investment platform, the lack of transparency is stunning and manipulative. There is literally nowhere on the app to be found that insufficient funds transactions are charged $30 for each transaction that failed due to insufficient funds, regardless, if someone invested if someone invested $5, 25, 50,- or any dollar amount. If there is not enough cash in your bank account, they will charge $30 for any failed transaction. What is particularly annoying is that nowhere on the app, in all the charges, failed or successful transactions, will there be any mention of the $30 fee, even if it is imposed and taken by the platform. There is no notice about the fee and you will not see that they charged you a $30 fee. The only way that you will be able to see that you’re charged an insufficient funds fee is through your email. On the other hand, they have sections on how they are the best high-yield portfolio for cash, how they have the lowest fees, how the new subscription that will cost $250 for a year is basically paying itself off through their tax solution, and you will see particular fees of 0.5, 0.95, or all other lowest amounts of fees for different types of investments; however, you will not know where to find information about insufficient funds fees. I just found out about this tonight and I can’t wait to call them tomorrow morning.
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