Stash celebrates Asian American and Pacific Islander Heritage Month.

Stash Direct Deposit, 1% Stock-Back® Rewards Program 

Terms and Conditions

Effective April 24, 2020 (the “Effective Date”) and ending October 31, 2020 for Stock-Back® participants who receive an invitation directly from Stash to participate in the program described herein 

General Description

The Stash Direct Deposit, 1% Stock-Back® Rewards Program (the “Program”) is a rewards program offered by Stash Financial, Inc. and/or its affiliates (collectively, “Stash”) to its customers that supplements its Stash Stock-Back® Rewards program – a rewards program offered by Stash in which a Stash debit account holder may choose to participate that enables such holder to earn fractional shares of stock of certain publicly-traded companies and/or exchange-traded funds on certain qualifying purchases made using a Stash Debit card. The Program enables Eligible Participants (as defined below) that have one or more direct deposits post to their Stash Banking account in accordance with the requirements described below to earn 1% Stock-Back® Rewards (as defined below). All references to the “Stash Debit card” or “debit card” hereunder refers to a virtual or permanent Stash Debit card issued by Green Dot Bank, Member FDIC.

The Program is subject to the terms and conditions stated herein (the “1% Stock-Back® Rewards Program Terms”). By choosing to participate in this Program, you are accepting and agreeing to these 1% Stock-Back® Rewards Program Terms. These 1% Stock-Back® Rewards Program Terms form an agreement between you and Stash with respect to the Program. You should read these 1% Stock-Back® Rewards Program Terms carefully.

Eligibility For Participation

To be eligible to receive an invitation directly from Stash to participate in this Program, you must satisfy each of the following conditions on or after the Effective Date (each, an “Eligible Participant”): (i) have both a Stash Invest account and a Stash Banking account each in good standing (as defined herein), (ii) currently subscribe to the Stash Fee (as defined in your Advisory Agreement) attributable to the Stash+ platform tier, (iii) enroll (or have enrolled) as a participant in the Stash Stock-Back® Rewards program, which is governed by the Stock-Back® Rewards Terms and Conditions (the “Stock-Back® Program Terms”) and adhere to the Stock-Back® Program Terms, and (iv) have never had one or more recurring direct deposits post electronically from the account of the payer directly to your Stash Banking account. 

See the full Stock-Back® Program Terms referenced above, which you agreed to when you joined that program, for important disclosures about that program. The Stock-Back® Program Terms are incorporated herein by reference with the same force and effect as though fully set forth herein. 

Stash and/or Green Dot Bank reserve the right to determine in our and/or their sole or joint discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Program 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 your Stash Banking account or your Stash Invest account is closed or not in good standing for any reason at any time, you will no longer be deemed an Eligible Participant and your 1% Stock-Back® Rewards will be forfeited. A Stash Invest account is a taxable brokerage account advised by Stash Investments LLC.

A 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. 

Direct Deposit Requirement

If you are an Eligible Participant and receive an offer to participate in this Program directly from Stash, then for each calendar month starting on the date that you receive an offer to participate in this Program (which shall be on or after the Effective Date) and ending October 31, 2020 (your “Program Period”) where you (i) have one or more recurring direct deposits of at least $1,000, in aggregate, post electronically from the account of the payer directly to your Stash Banking account, and (ii) maintain your monthly subscription to the Stash+ platform tier, you will be eligible to receive 1% Stock-Back® Rewards. 

If an Eligible Participant satisfies the conditions in the previous sentence during any calendar month during their Program Period, then such Eligible Participant will be deemed to have completed their “Direct Deposit Requirement” for that given calendar month. Each such calendar month during the Program Period that an Eligible Participant satisfies their Direct Deposit Requirement shall be deemed a “Rewards Month” for purposes of this Program.

For the avoidance of doubt, any direct deposit from the account of the payer that posts electronically to your Stash Banking account during the Program Period 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 Program. Further, to be eligible to receive 1% Stock-Back® Rewards hereunder, you may not downgrade your monthly subscription from the Stash+ platform tier. Once you elect to downgrade your monthly subscription from the Stash+ platform tier during the Program Period you will no longer be deemed an Eligible Participant hereunder and you will forgo the ability to claim any 1% Stock-Back® Rewards hereunder.

Qualifying Purchases

The term “Qualifying Purchases” means an Eligible Participant’s qualifying debit card purchases (as described in the Stock-Back® Program Terms) made using their Stash Debit card that post to their Stash Banking account during any given Rewards Month during their respective Program Period. An Eligible Participant’s Qualifying Purchases will reset at the end of each Rewards Month during their respective Program Period, and will not carry over from month to month.  Eligible Participants that meet their Direct Deposit Requirement will be eligible to receive 1% Stock-Back® Rewards on their Qualifying Purchases made during that given Rewards Month, as further described below.

We reserve the right to determine in our sole discretion whether a particular transaction constitutes a Qualifying Purchase hereunder. We also reserve the right in our sole discretion to reverse the credit of any 1% Stock-Back® Rewards in the event an Eligible Participant’s Qualifying Purchases are the subject of a return, credit, chargeback or similar rescinded transaction. Eligible Participants will not earn 1% Stock-Back® Rewards hereunder if they do not make any Qualifying Purchases during any respective Rewards Month. Further, if you do not meet the Direct Deposit Requirement in a given calendar month during your Program Period, you will be deemed to have made no Qualifying Purchases for that given calendar month for purposes of this Program. 

This Program is independent from the Stock-Back®  Rewards Bonus Terms and Conditions that can be found here: https://lp.stashinvest.com/stock-back-bonus-promo-terms-and-conditions/. Any qualifying debit purchases (as described in the Stock-Back® Program Terms) made by an Eligible Participant at one of the merchants specified in the Stock-Back®  Rewards Bonus Terms and Conditions during any given Rewards Month will not qualify as Qualifying Purchases for purposes of this Program. Therefore, Eligible Participants will not receive 1% Stock-Back® Rewards hereunder on any such qualifying debit purchases (as described in the Stock-Back® Program Terms) made at one of the merchants specified in the Stock-Back®  Rewards Bonus Terms and Conditions. Further, Stash may implement multiple, varying versions of its Stock-Back® Rewards program and/or promotions related to its Stock-Back® Rewards program as of or after the Effective Date (each, an “Additional Stock-Back® Rewards Program”). Accordingly, any rewards prescribed under each Additional Stock-Back® Rewards Program are expressly exempt for purposes of this Program

1% Stock-Back® Rewards

For each Rewards Month that an Eligible Participant satisfies the Direct Deposit Requirement, such Eligible Participant will receive a Stock-Back® reward equal to one percent (1%) of all Qualifying Purchases made, in aggregate, by such Eligible Participant during that given Rewards Month up to a maximum amount of five hundred dollars ($500.00) worth of Qualifying Purchases (“1% Stock-Back® Rewards”). 1% Stock-Back® Rewards will be fulfilled and credited in the manner noted in the Stock-Back® Program Terms. Eligible Participants that satisfy the Direct Deposit Requirement during any Rewards Month will receive their 1% Stock-Back® Rewards within five (5) business days following the end of that given Rewards Month.

For example, if you are deemed an Eligible Participant in May 2020, and during the month of June 2020 you satisfy the Direct Deposit Requirement, then June 2020 will be deemed a Rewards Month for you. Therefore, if you made $400 worth of Qualifying Purchases during the month of June 2020, then you will receive 1% Stock-Back® Rewards in the amount of $4.00 for the month of June 2020. Alternatively, if you made $550 worth of Qualifying Purchases during the month of June 2020, only $500 of your Qualifying Purchases will be eligible for 1% Stock-Back® Rewards, and you will receive 1% Stock-Back® Rewards in the amount of $5.00 for the month of June 2020. Lastly, if you continue to satisfy the Direct Deposit Requirement in each of July 2020, August 2020, September 2020 or October 2020, then you will receive 1% Stock-Back® Rewards on your Qualifying Purchases in accordance with these 1% Stock-Back® Rewards Program Terms in each of each of July 2020, August 2020, September 2020 or October 2020, respectively. 

Each 1% Stock-Back® Rewards bonus will be limited to a maximum cash value of $5.00 during each Rewards Month that an Eligible Participant satisfies their Direct Deposit Requirement, and shall be calculated by Stash in its sole discretion. For the avoidance of doubt, any portions of Qualifying Purchases made by an Eligible Participant that exceeds $500, in aggregate, during any Rewards Month will not be eligible for 1% Stock-Back® Rewards hereunder. Eligible Participants are only eligible to receive one 1% Stock-Back® Rewards bonus during each Rewards Month. 

Other Program Information

Stash Investments LLC is an SEC registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreement at https://www.stashinvest.com/disclosurelibrary. You remain responsible for ancillary fees that are not included in the monthly Wrap Fee. A list of such ancillary fees is included in our Advisory Agreement.  

Stash may implement one or more Additional Stock-Back® Rewards Programs at the same time and/or at different times. The Additional Stock-Back® Rewards Programs offered to you may be different than the Additional Stock-Back® Rewards Programs offered to another client. Supplemental terms and conditions will govern any such Additional Stock-Back® Rewards Programs. Further, this Program is supplemental to the following promotion related to setting up direct deposits from the account of the payer that post electronically to your Stash Banking account: https://lp.stashinvest.com/bank-50-for-300-direct-deposit/.

Investing Involves Risk. Listed investments that are currently available on Stash are not necessarily representative of all investments. A full list of available investments on Stash can be found here: https://learn.stashinvest.com/stash-investments-stocks. Information shown is strictly for illustrative and educational purposes only and should not be considered a solicitation to buy, an offer to sell, or a recommendation for any security in any jurisdiction where such an offer, solicitation or recommendation would be unlawful or unauthorized. Any preliminary information provided to prospective clients prior to Stash accepting a signed advisory agreement does not constitute investment advice and should not be relied on as such. Investment products and services are offered by Stash Investments LLC, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

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 Program is sponsored by Stash Cash Management LLC, a wholly-owned subsidiary of Stash Financial, Inc. and an affiliate of Stash Investments LLC. The Program 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 rewards earned by this Program. 

Stash reserves the right to amend or cancel this Program or these 1% Stock-Back® Rewards Program Terms at any time. You can only participate in this Program if you received an invitation to participate in this Program directly from Stash. Stash is not responsible for any failure on your part to meet the standards for qualifying for this Program. Stash may withhold or recover any 1% Stock-Back® Rewards if Stash determines that such rewards were obtained under wrongful or fraudulent circumstances, or was awarded to you in error, or that you received an invitation to participate in this Program in error, or that inaccurate or incomplete information was provided when opening your account(s), or that any terms of our Advisory Agreement, Terms of Use, or these 1% Stock-Back® Rewards Program Terms have been violated. Promotion available to U.S residents only. The value of any cash or stock rewards received by you may be taxable income to you. You are responsible for any federal or state taxes resulting from receipt of any rewards and should consult your tax advisor if you have questions about the tax treatment of any rewards.