What happens to my money when I close my stash account?
If you decide to close your Stash account, a few things will happen (in this order):
- Your investments will be sold
Once you request a closure of your account, Stash will sell any investments you may still own.
It takes 2 business days for these funds to settle in your Stash account. This is because of SEC regulations.
- Your cash will be sent to your bank account
On the third business day, Stash will transfer the money from the sale of your investments to your funding account.
If there is any other cash that has been in your Stash account for more than 5 business days, we will send that to your bank account too.
What if I transferred money to my Stash account in the last 5 business days?
You’ll need to wait until the hold period is up until we can send any remaining cash to your funding account. This could be as few as three days, but up to five depending on your portfolio balance.
How long will the closing process take?
The entire process typically takes five to seven business days. Business days are Monday-Friday, and do not include weekends or bank holidays.
Related questions View all Invest
Q. Can I sell a portion of my investment?
Yes, you can sell part of an investment. However, if you are looking to sell just a portion of a specific investment, we require you to keep at least 10% and/or at least $5 of that investment at the time…51
Q. Can I use Stash for day trading?
Stash is for building a smart, diversified portfolio and helping people invest for the long term — not day-trading. We only have two trading windows per day and do not believe in intra-day day-trading unless you are a professional.19
Q. What does ETF stand for?
ETF stands for Exchange-Traded fund. Exchange-Traded means you can buy and sell ETFs on public stock exchanges like the Nasdaq or the New York Stock Exchange. In this context, a fund is a bundle of assets (usually stocks,…20
Didn’t find your question?
Shoot us your question and our Stash experts will get back to you.Submit a question
Intro to Stash: Everything You Need To Know To Start Investing
The Stash Way is a few simple principles at the core of investing with Stash.
Fiduciary 101: Why it’s Our Job to be Your Advocate
It’s a big word that means a lot when it comes to handling your money. It defines a relationship built on trust and duty.
Debt and Equity: What Every Smart Investor Needs to Know
You can invest in debt & in equity, but do you really know what that means? We break down the jargon.