Stash subscription fees - why they add up
Stash charges $3/month for Growth and $9/month for Stash+. Like Acorns, these flat fees represent a disproportionate percentage cost on small balances. A $3/month fee on a $500 account equals a 7.2% annual fee - far higher than a typical ETF expense ratio of 0.03–0.20%. If your balance is under $3,000–$5,000, the fee structure works against you.
Tax considerations when withdrawing from Stash
Withdrawing investments from Stash's taxable account may trigger capital gains tax if your positions have grown. Stash provides 1099 forms in January. Download your tax documents before closing your account.
What most people switch to after canceling Stash
- Empower (formerly Personal Capital) AFFILIATE - Free investment tracking and net worth analysis. No monthly fee. Tracks all your accounts in one dashboard including 401k and IRA.
- Betterment AFFILIATE - Automated investing at 0.25% annually (not flat monthly). Significantly cheaper than Stash for accounts under $5,000.
- Fidelity - No account minimum, $0 commissions, no monthly fee. Buy fractional shares of any stock or ETF for as little as $1.
Frequently asked questions
- Does closing Stash affect my credit score?
- No. Stash is an investing and banking app - closing your account does not affect your credit score.
- How do I get my tax documents from Stash?
- Go to Profile → Documents in the Stash app. Download your 1099-B form before closing your account.
- Can I transfer my Stash investments to another broker?
- Stash supports ACATS transfers to move your investments directly to another brokerage without selling. Contact support@stash.com to initiate an ACATS transfer.