Stash Review 2023: Affordable Investing For Beginners

People know investing is best when you start young, but how do you invest on a budget?

It can be hard paying bills, building your savings, and making money from investments.

Stash seems to be a reasonable option to invest in, especially for beginners with no experience investing.

Well, I did a Stash Review and found that their membership plans are affordable- but you can also invest with as little as $3!

Read on to learn how to invest for less.

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You can invest with fractional shares, build your wealth, and save for your future using Stash.

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Stash Review: At A Glance

It only takes 2 minutes to get started with Stash
Can buy fractional shares
No investing minimum
Offers smart portfolios and DIY pick your own investments
Stash Banking* account and Stash Stock-Back® Card*

Investing With Stash

Automated Investing- Smart Portfolio

Stash’s Smart Portfolio is the perfect investment option for anyone looking for a hands-off approach.

It is an individual taxable brokerage account that uses automated investing in creating a personal portfolio tailored to your specific goals and risk tolerance.

You can get started with as little as $5 if you have subscribed to the Growth or Stash+ plans that give you access to more features and investment options.

Stash investment experts build your investment portfolio using exchange-traded funds (ETFs) that are tailored to your risk profile, so you can be sure that your money is being put to good use.

What’s more, the Smart Portfolio is regularly monitored and updated, so you can rest assured that your investments are always in balance.

Retirement & Custodial Accounts

Stash offers retirement and custodial accounts to Stashers. With just a minimum account, you can get started saving for retirement or saving for your kid’s future!

Retirement Accounts

Saving for retirement doesn’t have to be complicated, and a Stash Retire account makes it easy for young investors to get started.

Stash customers can invest in fractional shares of stocks and funds for just 1 penny or 5 cents for shares priced over $1,000.

And you can set up automatic contributions to your retirement account, so you never have to worry about forgetting to save.

Stashers can set up a Roth IRA or Traditional IRA to save for retirement with Stash. One retirement account is included in the Stash Growth and Stash+ plans.

The maximum contribution to the retirement investment account is capped at $6k per year ($7k if over the age of 50).

Not sure how much money you need to save for retirement? Use the Stash retirement calculator to see how much money you need to save.

Custodial investment accounts

With Stash+, you can get 2 custodial accounts to start investing money for your children.

A custodial account is an investment account for a minor that can get money started for their brighter financial future.

The money in the custodial account is the minor’s property, and it can be used by the parent or legal guardian for things that benefit the child.

However, the adult or custodian who opens an account can manage it until the minor reaches the age of 18 or 21, depending on where they live.

Fractional Shares

When you buy fractional shares with Stash, you’re buying a piece of a larger company. 

Fractional shares are a way for users to invest in stocks without buying an entire share.

Like buying a little bit of an Apple share and not spending $150+ on a whole share.

This is beneficial for people who want to invest in a company but don’t have the money to buy a whole share.

Portfolio Builder

Investing novice or not, the Portfolio Builder is an excellent way for Stashers to make investing easy and quick. Plus, it’s free!

The Stash Portfolio Builder is a great way for beginning investors to create a diversified portfolio with asset allocation without doing all of the research themselves.

Stashers can choose from various ETFs and stocks to create a well-rounded portfolio that fits their risk tolerance. Users can choose how much money to put toward each asset class, giving them control over their investments.

Stash Plans

The Stash platform offers 2 monthly subscription plans.

Each one of the Stash plans offers the same basic features plus some added features for the Stash accounts. The Stash monthly fees can be deducted from your Stash banking* account balance.

Stash Growth

The first subscription plan is the Stash Growth plan, which only has a $3 monthly fee.

Stasher’s get access to: 

A personal investment account
Stash banking account* and Stock-Back® Card*
Stock-Back® rewards**
$1k life insurance policy****

You also get access to Advice about growing your personal finances and the Stash Smart Portfolios and Retirement Portfolio.

The Advice for Stash comes from an SEC registered investment adviser, which can help you with growing your portfolio.


The second plan is the Stash+ plan which costs $9 a month.

With this plan, you get everything in the Stash Growth plan plus:

Advice for family finances and Stash+ Market Insights
2 Kids Portfolios (custodial accounts)
Banking* access (2x stock with the Stock-Back Card***)
$10k life insurance policy***


Stash offers a variety of features that help users with their personal finance. Some of these features include the ability to:

Banking & Stock-Back® Card*

The Stash Banking Account* and Stock-Back® Card* are great tools to have for personal finance. 

The Stash bank account comes with a Stash Stock-Back® Card** that has no fees when used at ATMs nationwide*****, and once you sign up for an account, your money is FDIC insured.

There are no investing minimum or overdraft fees, making this the perfect banking account to use daily!

Additionally, the Stash Banking Account allows you to get paid 2 days early with ASAP Direct Deposit******, making it an excellent choice for those who are paid via direct deposit.

Stock-Back Rewards

When you sign up for one of the Stash subscription plans, you’re automatically enrolled in the Stock-Back rewards program. 

This means that you’ll earn shares of stock back at the companies where you shop – just for using your Stock-Back® Card** by Stash Investments LLC. You can qualify for at least 0.125% Stock-Back, and some store bonuses can be as much as 5%.

So, how does it work?

When you make everyday purchases with your Stock-Back® Card** at a store listed in the Stash portfolio, the stock rewards earned are invested in stock for the store where you shopped.

If the store is not listed in the Stash portfolio, the Stock-Back you earn is invested in a diversified investment fund.

This ensures that your stock rewards are continuously being put to good use and that you’re not taking on any more risk than you need to.


Auto-Stash is a great way to save money without thinking about it.

You can choose how much you want to save and also how often the money moves from your bank checking account to your Stash Investment account.

There are two ways to Auto-Stash– Set Schedule and Stock Round-Ups*******.

With Set Schedule, you decide how much you want to save and how often you want the money transferred.

With Stock Round-ups, your transactions are automatically rounded up to the nearest dollar, and the difference is transferred to your Stash account. This is a great way to save without even noticing!

Cash Management

Cash Management is a big part of personal finance. When it comes to cash management, you need to have a plan for where your money is going and what you’re doing with it. This can be tough, but Stash makes it easy!

With the Stash app, you can easily see all of your transactions in one place. This makes it easy to track where your money is going and how much you’re spending.

You can also set up alerts so that you’re notified when certain transactions occur, so you’ll always be up-to-date on your finances!

Fees & Commissions

There is no investing minimum, but the user will always have to pay the subscription fee

Account subscription fees: $3 or $9 per month
Commissions: $0- no add-on commission fees

Stash FAQs

How much does Stash cost?

Stash is a personal finance app with 2 monthly subscription fees of $3 and $9.

After that, there are standard fees and expenses reflected in all stock and ETF trading, which is the same as every app.

What basic features come with the 2 tiers of the monthly subscriptions?

Each tier of the monthly subscription comes with the same basic features.

The features are access to a Stash banking account, a Stock-Back® Card**, a personal investment account, Stock-Back® rewards***, and a $1k life insurance policy***.

What bank does Stash use for the banking account?

Stash uses Green Dot corporation for the Stash bank account and the Stash Visa Debit cards*.

Does Stash offer FDIC insurance?

The FDIC insures the deposits to the Stash bank accounts through the partnership with Green Dot Bank.

Is it safe to use Stash?

Yes. The app is safe to use.

Stash offers the same 256-bit encryption that many banks use.

Plus, you can set other safety features, such as fingerprint access, four-digit security code, and facial recognition.

How should I invest my money?

There are three risk tolerance levels – Conservative, Moderate, or Aggressive. To figure out which one is best for you, answer the Stash questions to help define your risk tolerance.

You can choose your risk tolerance level on the Stash Financial Profile. For more investment advice you should check with a financial advisor.

Other Investment Apps

Perhaps you are an experienced investor and need a little more than Stash offers. There are other investment apps that may fit your situation more than Stash.

Some apps that you might want to consider are:


Robinhood is a commission-free stock trading app that allows you to invest in stocks, ETFs, options, and cryptocurrencies.

It’s an excellent app for beginners because it’s easy to use and provides educational resources to help you learn about investing.

You can use the Robinhood app to monitor your portfolio, explore new investment opportunities, and more.

You can also use Robinhood to buy and sell cryptocurrencies, which is an excellent option if you’re interested in investing in this asset class.

Although there are no investment minimums, fees, or account minimums at Robinhood, you have to wait two days for cash deposits and withdrawals.

Learn more in our Robinhood review!


Betterment is an online financial advisor that aims to make personal finance easy for its users. It has grown to become one of the world’s largest and most popular Robo-advisors.

Robo-advisors are investment services that use computer algorithms to manage your investments, and Betterment is one of the pioneers of this industry.

The app has a user-friendly interface, and it provides a wealth of educational resources to help users learn about personal finance and investing.

Custom-building portfolios with low-cost, diverse ETFs is what Betterment does. The app is best for users who want to start investing and managing their own money.

Find out more in our Betterment review!


One of the most popular personal finance apps is Acorns. It’s an app designed to be easy for users of all ages and skills levels, that allows you to invest your spare change into an investment portfolio of stocks and bonds.

This is an excellent option for people who are just starting to invest and want to start small. It takes only $3 or $5 to get started.

Acorns will round it up to the nearest dollar and invest the difference when you make a purchase. You can also set up recurring investments or have your money invested in a variety of different options.

Check out our article Acorns Vs. Stash to see which investment platform would benefit you more!

M1 Finance

M1 Finance is a tool for smart investors. The Robo advisor platform allows you to create a portfolio of stocks and ETFs from various companies and allows the user to create their custom investment strategy.

This can be great for experienced investors who want to invest in a customized way that works best for them.

Check out our review of M1 Finance!

Final Thoughts

We hope you enjoyed our Stash review!

Overall we think Stash is a good investment app that allows you to easily and quickly invest your money into low-fee ETFs and stocks.

They have it set up for users of all skill levels and age groups, making it great for everyone. There are no account minimums and monthly fees, which is excellent for those who want to invest without paying large sums of money just to get started.

Give Stash a shot for free and see how you like it today.

Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.

Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.


Stash Disclaimers:
Paid non-client endorsement. See Apple App Store and Google Play reviews. View important disclosures.
Nothing in this material should be construed as an offer, recommendation, or solicitation to buy or sell any security. All investments are subject to risk and may lose value.
*Stash Banking services provided by Stride Bank, N.A., Member FDIC. The Stash Stock-Back® Debit Mastercard® is issued by Stride Bank pursuant to license from Mastercard International. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Any earned stock rewards will be held in your Stash Invest account. Investment products and services provided by Stash Investments LLC and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
**All rewards earned through use of the Stash Stock-Back® Debit Mastercard® will be fulfilled by Stash Investments LLC and are subject to Terms and Conditions. You will bear the standard fees and expenses reflected in the pricing of the investments that you earn, plus fees for various ancillary services charged by Stash. In order to earn stock in the program, the Stash Stock-Back® Debit Mastercard must be used to make a qualifying purchase. Stock rewards that are paid to participating customers via the Stash Stock Back program, are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
***Group life insurance coverage provided through Avibra, Inc. Stash is a paid partner of Avibra. Only individuals who opened Stash accounts after 11/6/20, aged 18-54 and who are residents of one of the 50 U.S. states or DC are eligible for group life insurance coverage, subject to availability. Individuals with certain pre-existing medical conditions may not be eligible for the full coverage above, but may instead receive less coverage. All insurance products are subject to state availability, issue limitations and contractual terms and conditions, any of which may change at any time and without notice. Please see Terms and Conditions for full details. Stash may receive compensation from business partners in connection with certain promotions in which Stash refers clients to such partners for the purchase of non-investment consumer products or services. Clients are, however, not required to purchase the products and services Stash promotes.
****1% Stock-Back® rewards available only on Stash+ ($9/mo) and only for client’s first $1,000 of Qualifying Purchases in each calendar month program. See Terms and Conditions for details.
*****Get fee-free transactions at any Allpoint ATM, see the app for location details, otherwise out-of-network ATM fees may apply. For a complete list of fees please see the Deposit Account Agreement for details.
******Early access to direct deposit funds depends on when the payor sends the payment file. We generally make these funds available on the day the paymen
*******This Program is subject to terms and conditions. In order to participate, a user must comply with all eligibility requirements and make a qualifying purchase with their Stock-Back® Card. All funds used for this Program will be taken from your Stash Banking account.
Stash has full authority to manage a “Smart Portfolio,” a discretionary managed account. Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal. Stash does not guarantee any level of performance or that any client will avoid losses in their account.
“Kids Portfolio” is a custodial UGMA / UTMA account. Money in a custodial account is the property of the minor. This type of account is a Non-Discretionary Managed account.
Roth IRA: Withdrawals of the money (Contributions) you put in are penalty and tax free. Prior to age 59½, withdrawals of interest and earnings are subject to income tax and a 10% penalty. All earnings are tax free at age 59½ or older, assuming your first contribution was more than 5 years prior. Income Eligibility applies.
Traditional IRA: Withdrawing prior to age 59½, generally means you’re subject to income tax and a 10% penalty. Withdrawals after age 59½ are only subject to income tax but no penalty.
Ancillary fees charged by Stash and/or its custodian are not included in the subscription fee.

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