Stash By Liberty App Download
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Stash by Liberty: A Tax-Free Investment App for South Africans
Do you want to start investing for your future, but don't know where to begin? Do you think investing is too complicated, too expensive, or too risky? If you answered yes to any of these questions, then you might want to check out Stash by Liberty, a tax-free investment app that helps you save small amounts of money every day into a diversified portfolio of South African shares or cash. In this article, we will explain what Stash by Liberty is, how it works, why you should use it, and how to download it.
What is Stash by Liberty?
Stash by Liberty is an app that helps you invest in your future by saving small amounts of money every day into a tax-free investment. No forms, no fees, no minimum balance and no tax. It's free. You can stash automatically from a connected bank card from as little as R5 per day, or simply stash at any time with a press of a button. You can choose to invest your money into either an SA Top 40 Shares portfolio, or a Cash+ portfolio, or into both, depending on your needs and investment goals. As these portfolios grow in value, so does your stash. Stash gives you full control over when and how much you invest. Use the app to pause, adjust, stop and restart how and when you invest. Need your cash? Stash offers unconditional access to your funds directly from the app. You can also open a Stash tax free investment for your children. The tax free investment account is in your childs own name and makes use of their own annual and lifetime tax free limits.
How does Stash by Liberty work?
Stash by Liberty works by using various features that make investing fun and easy. Here are some of them:
Stash every day
A little goes a long way. Put a little bit away every day and watch your investment grow. You can stash automatically from a connected bank card from as little as R5 per day, or simply stash at any time with a press of a button.
Stash on sunny days
Save on sunny days for your rainy day. Every day, Stash checks the weather in your area. If it's sunny, you stash spare change. If it's un-sunny, you don't.
Stash when you sweat
Use your workouts to help you become financially fit. Stash based on how many steps you take and calories you burn. Link your Stash App to a Fitness App on your phone.
Boost your Stash
Add up to R1,000 to your Stash at the end of each month.
Choose your portfolio
You can choose to invest your stash into either our SA Top 40 Shares portfolio (variable growth), or our Cash+ portfolio (guaranteed growth), or invest into both.
Why should you use Stash by Liberty?
There are many reasons why you should use Stash by Liberty to start investing for your future. Here are some of them:
It's free
There are no fees for Stash. This means every single cent that you contribute is invested to maximise your growth.
It's tax-free
You don't pay any tax on the growth or withdrawals of your stash. This means more money for you in the long run.
It's easy
You don't
You don't need any paperwork, forms, or complicated jargon to use Stash. You just need your smartphone and a few minutes to set up your account and link your bank card. You can also monitor your stash performance, adjust your settings, and access your money anytime, anywhere.
It's flexible
You can stash as much or as little as you want, whenever you want. You can also pause, stop, or restart your stash at any time. You can withdraw your money at any time, with no penalties or fees.
It's fun
You can stash based on the weather, your fitness, or your mood. You can also earn badges, rewards, and bonuses for stashing regularly and reaching milestones. You can also invite your friends and family to join Stash and earn referral bonuses.
How to download Stash by Liberty?
Downloading Stash by Liberty is easy and quick. Here are the steps you need to follow:
- Go to the Google Play Store or the Apple App Store on your smartphone.
- Search for "Stash by Liberty" and tap on the app icon.
- Tap on "Install" or "Get" and wait for the app to download.
- Open the app and tap on "Sign up".
- Enter your name, email address, phone number, and ID number.
- Create a 4-digit PIN and confirm it.
- Link your bank card by entering your card number, expiry date, and CVV.
- Choose how much you want to stash every day, or skip this step and stash manually later.
- Congratulations! You have successfully downloaded and signed up for Stash by Liberty. Start stashing and investing for your future!
Conclusion
Stash by Liberty is a tax-free investment app that helps you save small amounts of money every day into a diversified portfolio of South African shares or cash. It is free, tax-free, easy, flexible, and fun to use. You can stash automatically from a connected bank card from as little as R5 per day, or simply stash at any time with a press of a button. You can choose to invest your money into either an SA Top 40 Shares portfolio, or a Cash+ portfolio, or into both. You can also stash based on the weather, your fitness, or your mood. You can monitor your stash performance, adjust your settings, and access your money anytime, anywhere. You can also earn badges, rewards, and bonuses for stashing regularly and reaching milestones. You can also invite your friends and family to join Stash and earn referral bonuses. Downloading Stash by Liberty is easy and quick. Just follow the steps above and start stashing and investing for your future today!
Frequently Asked Questions
Q: Is Stash by Liberty safe?
A: Yes, Stash by Liberty is safe and secure. Your personal information is encrypted and protected by a 4-digit PIN. Your money is invested in a tax-free investment account held by Liberty Group Limited which is registered with the Financial Sector Conduct Authority (FSCA) . Your money is also protected by the Financial Services Compensation Scheme (FSCS) which covers up to R500 000 per depositor per institution .
Q: How much can I stash per year?
A: You can stash up to R36 000 per year into a tax-free investment account . This is the annual limit set by the South African Revenue Service (SARS) . If you exceed this limit, you will be liable for tax on the excess amount at a rate of 40% .
Q: How do I earn badges, rewards, and bonuses?
A: You can earn badges by stashing regularly and reaching milestones such as stashing for 30 days in a row, stashing R1000 in a month, or stashing R10 000 in total. You can earn rewards by completing challenges such as stashing on sunny days for a week, stashing when you sweat for a month, or boosting your stash by R1000 in a month. You can earn bonuses by inviting your friends and family to join Stash using your referral code. You will get R10 for every successful referral .
Q: Can I switch between portfolios?
A: Yes, you can switch between
A: Yes, you can switch between the SA Top 40 Shares portfolio and the Cash+ portfolio at any time. You can also invest into both portfolios at the same time. Just go to the "Portfolio" tab in the app and tap on the portfolio you want to switch to or invest into. You can also adjust the percentage of your stash that goes into each portfolio.
Q: How do I contact Stash by Liberty?
A: If you have any questions, feedback, or issues with Stash by Liberty, you can contact them through the following channels:
- Email: he...@stash.co.za
- Phone: 0860 456 789
- WhatsApp: 076 620 5025
- Facebook: https://www.facebook.com/StashAppSA/
- Twitter: https://twitter.com/StashAppSA
- Instagram: https://www.instagram.com/stashappsa/