Stash Recoup $30 Deposit Plus $1 Fee Waiver Promotion
Terms and Conditions
Effective October 23, 2020 (the “Effective Date”), when you open both a Stash Invest Account (as defined below) and a Stash Banking account under any Stash platform tier and complete your first deposit of funds into it all in accordance with the eligibility requirements set forth below, you will be eligible to receive a waiver of $1.00 off your monthly Stash Fee (as defined in your Advisory Agreement) for your Fee Waiver Period (as defined below), along with a one-time deposit of $30.00 into the cash balance of your Stash Invest Account. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
The fee waiver available pursuant to this Promotion is for a total of $1.00 off your monthly Stash Fee for your Fee Waiver Period. Accordingly, you will remain responsible for any Stash Fees you owe that exceed $1.00 per month during your Fee Waiver Period, including any ancillary fees you owe that are not included in your monthly Stash Fee, whether due on your Stash Invest Account, Stash Banking Account, Stash Retire account, or Stash Custodial account, as applicable.
This Promotion is not available if you choose to pay for your Stash Fee in advance on an annual basis.
To be eligible to receive a fee waiver under this Promotion, you must complete the following steps on or after the Effective Date: (i) open both an individual brokerage account advised by Stash Investments LLC that is in good standing (a “Stash Invest Account”) and a Stash Banking account that is in good standing, and (ii) select to pay for your monthly Stash Fee attributable to your Stash platform tier in advance on a monthly basis. You will not be eligible to participate in this Promotion if you select to pay for your Stash Fee attributable to your Stash platform tier in advance on an annual basis. If you satisfy all of the conditions in this paragraph, you will be eligible to claim a fee waiver of $1.00 off your monthly Stash Fee attributable to your Stash platform tier for the remainder of the calendar month following the date you complete the registration process of opening your Stash Invest Account, along with the three (3) calendar months that follow (collectively, your “Fee Waiver Period”).
Further, to be eligible to receive Bonus Funds (as defined below), you must complete the following steps on or after the Effective Date: (i) open both a Stash Invest Account and a Stash Banking account, (ii) link a funding account (e.g. an external bank account) to your Stash Banking account, and (iii) initiate and complete a deposit of at least fifteen dollars ($15.00) into your Stash Banking Account (your “First Deposit”). For purposes of this Promotion, a deposit of funds shall be considered complete once the transaction has fully settled. If you satisfy all of the conditions in this paragraph, you will receive a one-time deposit of thirty dollars ($30.00) into the cash balance of your Stash Invest Account (your “Bonus Funds”). The Bonus Funds will be deposited into your Stash Invest Account within five (5) business days from the date you satisfy the conditions set forth in this paragraph.
For example, if you complete the process of opening your Stash Invest Account and Stash Banking account and select to pay for your monthly Stash Fee attributable to your Stash platform tier on a monthly basis on November 15, 2020, then your Fee Waiver Period will be from November 15, 2020 through February 28, 2021. Further, if you also made your First Deposit in an amount equal to $15 on November 15, 2020, then you will receive a deposit of Bonus Funds in the amount of $30 into the cash balance of your Stash Invest Account.
In order for you to claim your fee waiver of $1.00 off your monthly Stash Fee attributable to your Stash platform tier for all or a portion of your Fee Waiver Period, however, you must link a funding account (e.g., an external bank account) to your Stash account. The date that you link your funding account to your Stash account will be deemed your “Linked Date” for purposes of these Promotion Terms. Your fee waiver hereunder will apply from your Linked Date through the remainder of your Fee Waiver Period. If your Linked Date occurs after the expiration of your Fee Waiver Period, you will forfeit your fee waiver hereunder. In furtherance of the example above, if your Linked Date is November 15, 2020, you will receive a fee waiver for the entirety of your Fee Waiver Period. Alternatively, if your Linked Date is December 1, 2020, you will only receive a fee waiver from December 1, 2020 through February 28, 2021, and not your entire Fee Waiver Period. Lastly, if your Linked Date is March 1, 2021, you will not receive a fee waiver hereunder.
You are only eligible to participate in this Promotion if you received an invitation to participate directly from Stash. You are only eligible to receive one reward of Bonus Funds hereunder, even in the event you complete more than one deposit of funds from your funding account into your Stash Banking Account during the Promotion Period. 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. 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. Tax-advantaged accounts (including Stash Retire and Stash Custodial accounts) are not eligible for this Promotion.
A Stash Banking account is 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.
Both your Stash Invest Account and Stash Banking account must be and remain in good standing in order to receive the fee waiver and/or Bonus Funds hereunder. Stash and/or Green Dot Bank reserve the right to determine in its sole and/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, restricted, or otherwise flagged in any way. If your Stash Invest Account or Stash Banking account is closed or not in good standing for any reason at any time, your Bonus Funds and fee waiver will be forfeited.
Stash Investments LLC pays pre-determined compensation to affiliate marketers or other strategic partners who drive users to a Stash web property. Accordingly, you may have been redirected to a landing page or these Promotion Terms by such an incentivized third-party who would not have otherwise redirected you there. By continuing with the account opening process, you are acknowledging receipt of this disclosure. Stash and the referring party who directed you to this web property have entered into a written agreement whereby the referring party will use its best efforts to solicit and refer individuals as clients (“Prospective Clients”) to Stash in exchange for cash compensation to be paid by Stash. Such referring party is an independent contractor, and is not an affiliate, agent, representative, partner or employee of Stash nor does the referring party have authority to accept a client agreement on behalf of Stash, to collect or receive payment in its own name for any of Stash’s services, or to provide investment advice on behalf of Stash. The referring party’s referral does not constitute a statement of the referring party’s experience with, or endorsement of, Stash. Stash will pay the referring party for referral services provided by the referring party up to $31 for each prospective client who opens an account in accordance with these Promotion Terms. Stash will not charge you any additional fees as a result of its agreement with the referring party. The amount of fees that Stash will charge you for investment advisory services is the same as what it would customarily charge any new customer who was not referred by a referring party.
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. As noted above, the fee waiver available pursuant to this Promotion is a total of $1.00 off your monthly Stash Fee for your Fee Waiver Period. Accordingly, you will remain responsible for any Stash Fees you owe that exceed $1.00 per month for your Fee Waiver Period, including any ancillary fees you owe that are not included in your monthly Stash Fee, whether due on your Stash Invest Account, Stash Banking account, Stash Retire account, or Stash Custodial account, as applicable. A list of such ancillary fees is included in our Advisory Agreement.