Stash Direct Deposit Promotion
Terms and Conditions
The Promotion
Effective October 14, 2020 (the “Effective Date”), if you meet the eligibility requirements described below and have one or more direct deposits of at least $500, in the aggregate, post to your Stash Banking account within two months following the start of your Offer Period (as defined below), then you will be eligible to receive a one-time deposit of funds into the cash balance of your Stash Invest account. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
Eligibility
To be eligible to participate in this Promotion, you must complete the following steps within sixty (60) calendar days from the date that you receive an offer to participate in this Promotion (your “Offer Period”): (i) receive an offer to participate in this Promotion directly from Stash, (ii) have both a Stash Invest account and a Stash Banking account that are each in good standing (as defined below), AND (iii) except as otherwise noted below, have one or more recurring direct deposits of at least $500, in the aggregate, post electronically from the account of the payer directly to your Stash Banking account. If you satisfy all of the conditions stated in the previous sentence during your Offer Period, Stash will make a one-time deposit of funds directly into the cash balance of your Stash Invest account in an amount equal to the amount specified in your offer to participate in this Promotion (your “Bonus Funds”).
For the avoidance of doubt, any direct deposit from the account of the payer that posts electronically to your Stash Banking account that is not a recurring or regularly scheduled electronic direct deposit payment, including any federal or state tax refund payment, will not be eligible for purposes of this Promotion.
For example, if you have a new Stash Invest account and Stash Banking account and receive an invitation to participate in this Promotion on October 5, 2020, then your Offer Period will be from October 5, 2020 through December 4, 2020. Further, if you receive a paycheck from your employer twice per calendar month and set up two direct deposits so that at least $125 from each paycheck (for a total of $500) is posted to your Stash Banking account during your Offer Period, you would qualify to receive your Bonus Funds.
You are only eligible to participate in this Promotion if you receive an invitation to participate directly from Stash. You are only eligible to receive one cash reward of Bonus Funds under this Promotion. The Bonus Funds will be deposited into your Stash Invest account within thirty (30) calendar days from the date you satisfy the conditions stated herein. The Bonus Funds deposited by Stash is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. The Bonus Funds must remain in your Stash Invest account for ninety (90) days beginning from the date the Bonus Funds are deposited into your Stash Invest account and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion.
Your Stash Banking account at Green Dot Bank, Member FDIC, and your Stash Invest account each must be in good standing in order to participate in this Promotion. Stash and/or Green Dot Bank reserve the right to determine in its and/or our 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 account 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, you will forfeit your eligibility to participate in this Promotion or receive Bonus Funds hereunder.
Each Stash Banking account opened hereunder is also subject to approval by Green Dot Bank, Member FDIC. You must pass Green Dot Bank’s customer identification procedures and otherwise be approved by Green Dot Bank for a Stash Banking Account, and you must agree to electronic delivery of disclosures, Green Dot Bank’s deposit account agreement, and any other account documentation required for opening in order to open a Stash Banking account. There is no guarantee that you will be approved to open a Stash Banking account.
Other Information
Stash Investments LLC is an SEC-registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreements at https://www.stash.com/disclosurelibrary. A Stash Invest account is an individual brokerage account advised by Stash Investments LLC. Tax-advantaged accounts (including Stash Retire and Stash Custodial accounts) are not eligible for this Promotion. Stash is not responsible for any failure on your part to meet standards for qualifying for this Promotion. Stash may withhold or recover any Bonus Funds if Stash determines that such cash reward was obtained under wrongful or fraudulent circumstances, or was awarded to you in error, or that you received an invitation to participate in this Promotion in error, or that inaccurate or incomplete information was provided when opening your account, or that any terms of our Advisory Agreement, Terms of Use, or these Promotion Terms have been violated. Stash reserves the right to amend or cancel this Promotion and/or these Promotion Terms at any time. Promotion available to U.S residents only. This Promotion is not valid with any other promotions and is non-transferrable. The value of Bonus Funds may be taxable income to you. You are responsible for any federal or state taxes resulting from receipt of such Bonus Funds and should consult your tax advisor if you have questions about the tax treatment of such Bonus Funds.
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. © 2020 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.