Stash: Investing & Banking

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!

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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.

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I started Stash about four months ago. I didn’t deposit anything for the first month and kinda just researched the app a little bit. The first thing i love about Stash is that it’s super user friendly. It’s easy for me to navigate and it’s beautifully built. The second thing i like about it, is that you can go at your own pace, whatever that may be. This app is meant for INVESTING which means “stashing” your money away and forgetting about it. Me personally, I’ve always tried to set money back in my savings and checking account and it just seemed like nothing ever grows. With stash, I’m able to put back an amount that is comfortable for me. They have a feature called auto-stash and i turned that on. I set my limit at $10 a week, noticed it was super easy and wasn’t losing any sleep over it, so i moved it up to $30. I did $30 for a few weeks and got excited so i bumped it up to $60 a week. For me, this is the perfect flow right now. It’s been three months of consistent saving, NO withdraws, and i purchased some ETF’s and Stocks in a few companies and my stash account just hit $1,000 with $104 being a return. This is a great way for you to save a little bit of money, and letting it grow over time. I give it 5 stars for my experience. I may leave another review when i hit 5k!!

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Overall I'm mostly satisfied with Stash. The app is solid, manual and automatic transfers process without any issues, and I have never had an issue withdrawing my money. My only complaints are related to the almost monthly UI changes and how the interface is not tailored well to those with only a basic subscription. I do miss the old app version with the little investment articles and quizzes and stuff.

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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. 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 [email protected].

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Update: I have been using the app now for about two years. I enjoy the freedom of picking my investments and moving money around. It does take a while for the selling window to take place if you want to withdraw money, which I rarely do. What I didn’t like was the customer service I received through email. I received several emails with a one sentence response that did not address my concern. I have referred several people so far to use the app, and the latest was advertised at receiving $20. I was told it was a $5/20 where my friend gets $20. I’m verifying later today that she received $20 as the agent stated. That was not what the ad states. So be aware if you refer, that the “Get $20” may not apply to you. This is a great app and I compare it to fantasy football. You can pick up and get rid of “players“ as your investments if you don’t like the way they perform. You can view past performance, and it’s easy to diversify. I knew nothing about investing when I got started but this makes it easier to get started and learn if you’re interested. I’ve also referred a few people and we all got our free money! When I started using this app a couple of years ago, I was working to repair my low credit score and save just a little bit of money starting with $5. Now my credit is great, and not only do I have a little savings, I am also now well above my original goal of an initial investment that I felt was a good first milestone. We’re always looking to improve Stash and appreciate your feedback. We'd be happy to look further into your referrals in your account if you didn't receive the credit you were promised. Please contact us at 1(800) 205-5164 or send us an email at [email protected] with the subject titled app review.

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They refuse to cancel my account. I followed all the directions and it will not close the account. They do not provide a platform that is worth the subscription. Ive honestly have been trying to close since i had the account because there are other platforms providing the same services without a subscription and an easy way to contact as their website does not have the information available.

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The automated systems preemptively cancel my stock purchases without doing a balance inquiry. The brokerage team is inaccessible. The IT team is inaccessible. I keep getting told that it's fixed and my transactions will go through by the end of the day, but it's been a week and still nothing. Every time I call or email, I am put through to a different person who is oblivious to the situation and have to explain everything all over again. Altogether, a terrible experience.

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After over 4 years I'm done with this app. They've raised their subscription fee to $3 a month & I have no idea why. So much easier to just use Fidelity. Plus, they are always the last group to get my tax information to me every year. So many better choices out there. Sad to see this app go from being a friendly entry level investing app to a nickel and dime you racket.

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What the hell did you do to the display portfolio list? I don't want to have to make multiple clicks or scroll through all the stash party stuff in order to see my main stocks and ETFs. Bring back the combined list, and leave the new one as an option. I tried selecting both in the filter but that doesn't work. This change is poorly thought out and needs to be reverted. I want to open the app like I used to and see what I care about in a glance just like before this awful change. Fix it!

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