Updated as of February 7, 2020
Effective December 5, 2019 (the “Effective Date”), if you have a Stash Debit account and meet the eligibility requirements described below, then you will be eligible to receive a one-time cash reward of $50 into the cash balance of your Stash Invest account. As further described below, you will be eligible for this Promotion when you have one or more direct deposits of at least $300, in aggregate, post to your Stash Debit account within any thirty (30) day period following the Effective Date. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
To be eligible for this Promotion, you must (i) have both a Stash Invest account and a Stash Debit account (a.k.a. a Stash banking account) in good standing (as defined below) as of the Effective Date or any date thereafter, AND (ii) except as otherwise noted below, have one or more recurring direct deposits of at least $300, in aggregate, post electronically from the account of the payer directly to your Stash Debit account during any thirty (30) day period following the Effective Date. If you satisfy the conditions stated in the previous sentence, Stash will make a one-time deposit of fifty dollars ($50.00) into the cash balance of your Stash Invest account in accordance with these Promotion Terms.
For the avoidance of doubt, any direct deposit from the account of the payer that posts electronically to your Stash Debit account that is not a recurring or regularly scheduled electronic direct deposit payment, including any federal or state tax refund payment, will not be eligible for purposes of this Promotion.
For example, if you open a new Stash Invest account and Stash Debit account on February 5, 2020, and receive a paycheck from your employer twice per calendar month and set up two direct deposits so that at least $150 from each paycheck (for a total of $300) is posted to your Stash Debit account within any thirty (30) day period following February 5, 2020 (e.g. March 1, 2020 through March 31, 2020), you would qualify for a one-time cash reward of $50 into your Stash Invest account.
You are only eligible to participate in this Promotion if you receive this Promotion directly from Stash. You are only eligible to receive one cash reward under this Promotion. The cash reward will be deposited into your Stash Invest account within thirty (30) calendar days from the date you satisfy the conditions stated herein. The cash reward deposited by Stash is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. The cash reward must remain in your Stash Invest account for ninety (90) days beginning from the date the cash reward is deposited into your Stash Invest account and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion.
This Promotion is independent from the multiple, varying promotions related to setting up your direct deposit into a Stash Debit account, including but not limited to any of the following promotions that can be found by visiting (each, an “Independent DD Promo”):
(i) https://lp.stashinvest.com/debit-direct-deposit-sept19-fee-waive-promotion/; and
If you have already received a fee waiver or cash rewards pursuant to the terms of an Independent DD Promo, you are expressly ineligible for this Promotion and you will not receive any cash rewards pursuant to these Promotion Terms. Further, if you use any of the following promotion codes at any point during your registration process to sign up for either your Stash Invest account and/or Stash Debit account, you are expressly ineligible for this Promotion and you will not receive any cash rewards pursuant to these Promotion Terms (each, an “Excluded Promotion Code”): (a) “Fly”; (b) “Truck”; or (c) “Stash 60”. For the avoidance of doubt, if you receive a cash reward under this Promotion, you will be expressly ineligible to receive any cash rewards or fee waiver under an Independent DD Promo or if you use an Excluded Promotion Code.
Your Stash Debit account at Green Dot Bank, Member FDIC, and your Stash Invest account each must be in good standing in order to participate in this Promotion. Stash and/or Green Dot Bank reserve the right to determine in our and/or its sole or joint discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Promotion is an account for which all required opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If either account is closed or not in good standing for any reason at any time, your eligibility to participate in this Promotion will be forfeited. There is no requirement to maintain a minimum balance in your Stash Debit account.
Each Stash Debit account opened hereunder is also subject to approval by Green Dot Bank, Member FDIC. You must pass Green Dot Bank’s customer identification procedures and otherwise be approved by Green Dot Bank for a Stash Debit Account, and you must agree to electronic delivery of disclosures, Green Dot Bank’s deposit account agreement, and any other account documentation required for opening in order to open a Stash Debit account. There is no guarantee that you will be approved to open a Stash Debit account.
Debit Account Services are provided by Green Dot Bank and Stash Visa Debit Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Visa is a registered trademark of Visa International Service Association. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of the registered trade names are used by, and refer to a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. Green Dot is a registered trademark of Green Dot Corporation. © 2020 Green Dot Bank. All rights reserved. This Promotion is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any aspect of this Promotion.