How to Cancel Stash Subscription

Nowadays, many people are into investing as they are aware that it is one of the best ways to make more money. In this modern era, it is easy to invest as there are a ton of ways to choose from. One of the options is Stash. What is Stash? Have you ever heard about this one before?

Stash is the name of a budgeting app that is wrapped up in an investment account. This one is designed especially for beginning investors who are looking for an easy way to buy stocks and some other investments. There are a lot of things offered by this app, including retirement, banking, individual investment, and custodial accounts. Everything is offered through a subscription model. With Stash, everyone is able to invest a minimum of $0.01 increments into fractional shares of stocks and ETFs. Depending on the plan and the services that you choose, you can be charged with a fixed fee subscription of $1, $3, or $9 a month.

How to Cancel Stash Subscription

After using Stash for quite some time, you may realize that it is not for you. You may be looking for more input from your broker, want to do more day-trades, or you are interested in the other services that do not charge a monthly subscription fee. If you have one of them in mind, you may want to cancel your Stash account.

As one of the Stash users, you are probably aware that there are a few kinds of Stash subscriptions. As there are a few kinds of Stash subscriptions, it means there are a few ways to cancel these subscriptions. Check out everything below:

Method 1: Cancel Stash Growth subscription

For those who want to cancel your Stash Growth subscription, you can do it at any time. Feel free to do it in the app or online at the official website of Stash at Stash.com. In order to start, here is step by step to follow:

    1. To begin with, you need to make sure that your external bank is linked.
    2. After making sure about it, you can turn off Auto-Stash for your IRA.
    3. Then, sell every investment in your IRA and then wait for them to settle. Apparently, it takes up to 3 business days for it to settle.
    4. When everything is done, you can just wait for any deposits to be available to withdraw, which can take up to 6 business days.

There are a couple of things to take note about canceling Stash Growth subscription. First, if you are closing out a Retirement account early, it is possible for you to be punished with fines or penalties by the IRS. Actually, there is a chance for you to avoid some fines or penalties by transferring your Retire Portfolio to another broker, which is also known as an Automated Customer Account Transfer or ACAT.

If you want to cancel your Stash Growth subscription, there are two ways that you can follow, including:

On the app:

    1. The first thing that you need to do is to log in to the Stash app.
    2. After logging in, tap your initials on iOS or hamburger icon on Android in the upper left corner.
    3. Next, tap the Subscription Plan.
    4. After that, tap Manage next to Your Plan.
    5. The fifth step is to scroll down and then tap Close my Stash for Good.
    6. Lastly, follow the process of closing your account.

On the web:

    1. Firstly, you should go to the official website of Stash at Stash.com and log into your account.
    2. Once you have successfully logged in, click your name that is located in the upper right corner.
    3. The next thing that should be clicked is Subscription.
    4. After clicking Subscription, you will have to click Close my Stash for Good which is located at the bottom of the page.
    5. After that, you can just follow the process of closing your account.

Method 2: Cancel Stash+ subscription

Before canceling your Stash+ subscription, you should follow the following steps first:

    1. First of all, make sure that your external bank is linked.
    2. After making sure about it, you can turn off Auto-Stash for your IRA.
    3. Then, sell every investment in your IRA and then wait for them to settle. Apparently, it takes up to 3 business days for it to settle.
    4. When everything is done, you can just wait for any deposits to be available to withdraw, which can take up to 6 business days.

After following the guide above, you will be able to cancel your Stash+ subscription by following the following guide:

On the app:

    1. First and foremost, you have to open the Stash app and log in to it.
    2. After logging in, tap your initials for iOS or hamburger icon for Android located in the upper left corner.
    3. In the next step, tap Subscription Plan.
    4. Besides, you should also tap Manage next to Your Plan.
    5. Afterward, scroll down and then tap Close my Stash for Good.
    6. In the end, you can just follow the process of closing your account.

On the web:

    1. First, you should log in to your Stash account. Feel free to do it on any web browser.
    2. After logging in to your account, it is time for you to click your name. If you have no idea where it is located, it is in the upper right corner.
    3. Then, click Subscription.
    4. The fourth step is to click Close my Stash for Good which is located at the bottom of the page.
    5. After that, follow the process of closing your account.

Please follow the guide well so that you will be able to cancel your Stash subscription. When trying to cancel your Stash subscription, you may find some difficulties. If it is the case, you can seek from Stash by going to https://ask.stash.com/contact/. The same page can be visited if you have something to ask.

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