All About Instant Transfers
What are instant transfers?
Transferring money within Stash generally is effective immediately but could take up to a few minutes; however, transferring to an external bank account can take 1-3 business days. Instant transfers allow you to transfer money to an external bank from your Stash banking account instantly for a 1% fee. (Note: It can take up to 10 minutes for your money to appear in your external account.)
Why do standard transfers take longer than instant transfers?
Standard transfers are processed by ACH (Automated Clearing House). These transfers are available at no additional fee, but may take 1–3 days to reach your external bank. Instant transfers are processed through a different network that allows for faster transfers, typically within 10 minutes.
How much do instant transfers to an external bank cost?
Instant transfers to an external bank cost 1% of the total amount transferred. The 1% will be deducted from the amount you enter. For example, if you enter $100, $99 will be transferred to your external bank and $1 will be charged as a fee by Stash.
Why was my instant transfer amount less than I expected?
Keep in mind, we do charge a 1% fee to process an instant transfer. If your transfer amount is 1% less, that is probably why.
If the transfer amount you received is less than the amount you transferred by an amount other than 1%, please contact us immediately at (800) 205-5164 from 8:00 a.m.-8:00 p.m. ET Monday-Friday, and from 10:00 a.m.-6:30 p.m. ET Saturday and Sunday.
DISCLOSURES
Stash Banking services provided by Stride Bank, N.A., Member FDIC.
Related questions View all Bank Account
-
Q. Turning Round-Ups On and Off
You can easily manage your Stock-Back® Card round ups on the Stash app or website.1 Follow these steps to turn round-ups on/off. On the app: Login to the Stash app. Tap Bank at the bottom of the screen. …
-
Q. Earning Stock-Back® Rewards with Stash
Want to make your money work harder for you? The Stash Stock-Back® Debit Mastercard® allows you to invest while you spend.1 Read on to find out the details of this benefit, offered exclusively by Stash. How does Stock-Back® work? To earn Stock-Back® Rewards,…
-
Q. I Didn’t Transition my Stash Banking Account, Now What?
All banking accounts with our previous banking partner have now been closed. If you haven’t already opened your new banking account, you may be wondering what happens next. Read on for your next steps. Read more about this change here *Note that these changes do not affect your investment accounts.…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.
Ask your question