Stash Invest Direct Deposit Fee Waiver Promotion
TERMS AND CONDITIONS
*These Promotion Terms (as defined below) were amended as of December 4, 2019
Between September 1, 2019 and February 29, 2020 (the “Promotion Period”), when you meet the eligibility requirements described below, you will be eligible to receive a waiver of your Stash Fee (as defined in our Advisory Agreement) attributable to your Stash platform tier. As further described below, you will be eligible for this Promotion when you have one or more direct deposits of at least $1,000, in aggregate, post to your Stash Debit account in a calendar month. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
The fee waiver available pursuant to this Promotion is for your monthly Stash Fee. Accordingly, you will remain responsible for any ancillary fees you owe that are not included in your monthly Stash Fee, whether due on your Stash Invest account, Stash Debit account, Stash Retire account, or Stash Custodial account, as applicable.
To be eligible for this Promotion, you must (i) have both a Stash Invest account and a Stash Debit account during the Promotion Period, both of which must be in good standing (as further described below), AND (ii) have one or more direct deposits of at least $1,000, in aggregate, post from your paycheck(s) to your Stash Debit account in either calendar month of September 2019, October 2019 or November 2019. If you satisfy the conditions in the preceding sentence, then for each calendar month during the Promotion Period that you post direct deposits equal to at least $1,000, in aggregate, to your Stash Debit account we will waive your Stash Fee attributable to your Stash platform tier for the following calendar month.
For example, if you receive a paycheck twice per calendar month and set up direct deposit so that during the month of September 2019 at least $500 from each paycheck (for a total of $1,000) is posted to your Stash Debit account, we’ll waive your Stash Fee attributable to your Stash platform tier in October 2019. Further, if you continue to subsequently post direct deposits of at least $1,000, in the aggregate, to your Stash Debit account in each of October 2019, November 2019, December 2019, January 2020 or February 2020, we’ll waive your monthly Stash Fee attributable to your Stash platform tier for November 2019, December 2019, January 2020, February 2020 or March 2020, respectively. For the avoidance of doubt, however, if you did not have one or more direct deposits of at least $1,000, in aggregate, post from your paycheck(s) to your Stash Debit account in any one of September 2019, October 2019 or November 2019, respectively, then you will not be eligible to participate in this Promotion and receive a fee waiver hereunder.
You are only eligible to participate in this Promotion if you received this Promotion directly from Stash. You also must satisfy the direct deposit eligibility requirements described in these Promotion Terms in order to qualify for a waiver of your monthly Stash Fee in either of October 2019 November 2019, December 2019, January 2020, February 2020 or March 2020, as applicable. For each calendar month during the Promotion Period, any direct deposit must post to your Stash Debit account beginning 12:01 AM (ET) on the first day of such calendar month and ending 5:00 PM (ET) on the last day of such calendar month to be included for purposes of determining your eligibility for this Promotion.
Your Stash Debit account at Green Dot Bank, Member FDIC, and your Stash Invest taxable brokerage account advised by Stash Investments LLC each must be in good standing in order to receive the fee waiver during any calendar month under this Promotion. We and/or Green Dot Bank reserve the right to determine in our and/or its sole or joint discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Promotion is an account for which all required opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If either account is closed or not in good standing for any reason at any time, any fee waiver you receive will be forfeited. There is no requirement to maintain a minimum balance in your Stash Debit account.
Debit Account Services are provided by Green Dot Bank and Stash Visa Debit Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Visa is a registered trademark of Visa International Service Association. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of the registered trade names are used by, and refer to a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. Green Dot is a registered trademark of Green Dot Corporation. © 2019 Green Dot Bank. All rights reserved. This Promotion is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any aspect of this Promotion.