Direct deposit is a direct transfer of money from one bank account to another. A lot of companies pay their employees through direct deposit. The IRS can also use direct deposit to transfer tax refunds and stimulus checks to filers’ bank accounts.

Stash can help you set up direct deposit quickly and easily using technology.

Simply answer a few short questions using an electronic form in the app, and we’ll send the information directly to your employer or benefits provider on your behalf. Alternatively, you can fill out the form electronically, download and print it, then give it to your employer’s payroll department in person.

Please note, it can take up to 2 pay periods for your payroll provider to process the change and start depositing your paychecks in your Stash banking account.

Direct deposit is commonly seen as a safe, secure, and fast way to get paid. It eliminates the need for physical checks, which in turn reduces the risk that those checks could get lost or stolen in the mail. Payments can also be made and received much quicker, and an electronic record is created for transactions (that all parties can use to track the funds).

When you switch your paycheck—or part of it—to Stash, you enjoy the full benefits of completing your new financial home.

• Get your pay up to 2 days faster than at traditional banks—so you can get ahead of paying bills and saving for goals.³
• Protect more of your money from predatory hidden fees, like overdraft fees and minimum balances.
• Easily allocate your paycheck to your different financial needs—such as spending, investing, and saving for retirement.
• Enjoy instant transfers between your Stash banking account and the portfolio cash in your linked investment account.⁶
• Fully utilize our budgeting, saving, and spending tools (like spending categories, goal setting, and the Stock-Back^® Card).¹

Stash is a personal finance app that can help anyone improve their financial life.

From budgeting to saving for retirement, Stash unites banking,¹ investing, and advice in one app that helps over 5 million people reach their financial goals—all for one low monthly price.^†

Stash can give you everything you need to manage your money and get more out of your paycheck. Here’s how Stash works.

1. Answer a few questions
   When you first join Stash, we’ll get to know you by asking some questions. These help us understand your financial goals and provide you with useful advice for everything from budgeting to investing.

2. Pick a plan
   Then, you’ll pick your subscription plan, starting at just $1/month.^†
   With Stash, you always get access to investing with a personal brokerage account, online banking,¹ budgeting and saving tools, the Stock-Back® Card, and advice and education. Depending on the plan you choose, you can also add a retirement account (IRA) and custodial investment accounts for kids.

3. Add money to Stash
   You can add money to Stash in two ways: direct deposit with early payday³ or link another bank to make recurring or one-time transfers.

4. Bank, budget, and create goals
   Use our bank account and automatic budgeting and saving tools to organize your cash into different spaces,⁶ create goals, and track your spending.⁷

5. Invest in fractional shares
   Once you’ve added cash to invest, you can immediately start investing in fractional shares of thousands of stocks and ETFs with $1 or less. Stash is built for long-term investing, not day-trading, so we only trade during four trading windows every day. (Note: Availability of trading windows is dependent on market conditions and may be subject to limitations.)

6. Earn stock rewards
   Spend with your virtual or physical Stock-Back® Card to start earning pieces of stock from Stash as rewards for your everyday spending.¹

Stash offers three subscriptions plans, starting at just $1/month.^†

Stash Beginner costs $1/month. It can work for first-time budgeters and investors and includes banking with the Stock-Back^® Card,¹ investing, budgeting, and personalized advice.

Stash Growth costs $3/month. It can work for people who want to build wealth over the long run and includes banking with the Stock-Back^® Card, investing, budgeting, personalized advice, and a Roth or traditional retirement account (IRA).

Stash+ costs $9/month. It can work for people with kids, debit card spenders, and those who want to learn more and includes banking with the metal double Stock-Back^® Card, investing, budgeting, personalized advice, a Roth IRA or traditional IRA retirement account, custodial investment accounts for kids, and an exclusive monthly market insights report.

Compare all subscription plans →

Is Stash legit? Yes. From your investments to your cash, you can feel confident in the security of your money on Stash.

• Stash uses cutting-edge security features.
• Stash works to keep your spending safe and secure.
• Stash is a registered investment advisor with the US Securities and Exchange Commission (SEC).
• Stash offers FDIC-insured bank accounts through Green Dot Bank.

While such registration does not imply a certain level of skill, it does require us to follow federal regulations that protect you, the investor. By law, we must provide investment advice that is in the best interest of our client.

Bank Account Services provided by Green Dot Bank, Member FDIC. Investment products and services provided by Stash Investments LLC, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.

Learn more about how we protect you and your assets →