Mar 12, 2019
Introducing Stash Stock-Back®!
Swipe and own! We’re giving you stock back on every qualifying purchase.
*This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers. All investments are subject to risk and may lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
Imagine that every time you made a purchase, you were rewarded with stock, or, a small piece of ownership in a company.
Now you can with Stash Stock-Back® Rewards.1 It’s a program that’s very similar to a cash back program—except you’re earning stock rewards, rather than cash.
And you can only get it by signing up for a Stash Invest and banking account.2
What is “Stock-Back®” and how do I earn it?
Here’s how it works: Make a purchase with your Stash Stock-Back® card3 nationwide—at more than 11 million U.S. businesses–and get rewards in the form of a fractional share of stock, on us.4 Pretty simple.
Stock-Back is our proprietary rewards program that lets you earn stock when you spend on qualifying purchases with your Stash Stock-Back® card. For example, if you buy something from Amazon, you’ll earn AMZN Stock-Back® as a reward (on us).5 If the company isn’t available as an investment on our platform, you’ll earn Stock-Back® in your choice of reward.6
So, if you make a purchase at a small, local hardware store, for example, your Stock-Back® reward will be from your custom reward.
First, you’ll need to sign up for a Stash account, which includes an Invest account and a bank account. The stock you earn on qualifying purchases will then be added to your invest account.
How does Stock-Back® Rewards compare to other rewards programs?
There are many rewards programs out there. So, how is Stock-Back® Rewards different?
The key differentiator is that other rewards programs usually dish out points or airline miles to users—points or airline miles that typically expire after a predetermined period of time.
Stock, on the other hand, is an asset that has no expiration date, and could appreciate with time. Plus, your airline miles and credit card points won’t potentially offer you dividends that can help you boost your investment account.7
Remember, though, that stocks aren’t risk-free investments. Your stock can lose value, just as it can appreciate.
Now you can build your investment portfolio whenever you spend. Get started by signing up for Stash.
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Written by
Stash Team
1 Stash Stock-Back® Rewards 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 stock rewards earned through this program. What doesn’t count: Cash withdrawals, money orders, prepaid cards, and P2P payment. See full terms and conditions. Stock-Back Rewards that are issued to a participating customer’s personal brokerage account via the Stash Stock-Back Program, are not FDIC Insured, Not Bank Guaranteed and May Lose Value.
2Stash offers access to investment and banking accounts under each subscription plan. Each type of account is subject to different regulations and limitations. See the Advisory Agreement and the Deposit Account Agreement for more information.
3All rewards earned through use of the Stash Visa Debit card (Stock-Back® Card) will be fulfilled by Stash Investments LLC. Rewards will go to your Stash personal investment account, which is not FDIC insured. 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. Stash Stock-Back® Rewards is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates.
4The Monthly Wrap Fee starts at $1.00 and you’ll also bear the standard fees and expenses reflected in the pricing of the ETFs in your account, plus fees for various ancillary services charged by Stash.
5This material is not intended as investment advice and is not meant to suggest that any securities are suitable investments for any particular investor. Investment advice is only provided to Stash customers. All investments are subject to risk and may lose value. All product and company names are trademarks ™ or registered ® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
6If publicly-traded stock of the merchant (or a subsidiary thereof, if applicable) is not available or otherwise capable of being fulfilled for any reason, the stock reward arising from a qualifying transaction will be in an ETF or a publicly traded company available on the Stash Platform. A user will receive shares of the ETF or publicly traded company that is designated as their Default Investment at the time the qualifying purchase posts to the user’s Stash Banking account.
7Remember, not all stocks pay out dividends. And there’s no guarantee any stock will pay dividends in a quarter or year.
Stash banking account opening is subject to identity verification by Green Dot Bank. Bank Account Services provided by and Stash Visa Debit Card (Stock-Back® Card) issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. In order for a user to be eligible for a Stash banking account, they must also have opened a taxable brokerage account on Stash. 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.
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