What is a Stash?
Stash is a savings account linked to your Bank Account (transaction account) designed for you to save by separating your money from your daily spending Bank Account.
Stash accounts pay a variable interest rate at the end of each month, and this is deposited directly to your Stash. 🤑
Stash accounts have no penalties for withdrawing funds, meaning you can withdraw and keep the same interest rate!
Can I have more than one stash?
Right now, you can have one account type per customer, so its just the one stash each for now. We're constantly working on updates to our products though and will look to allow more than one account in the future!
How is interest on my Stash account calculated?
Interest on the stash account is calculated daily and paid on the first day of the following month. 📆
For the latest information on the Stash rates, please check out the following article: Do you pay interest on Stash?