There are no forms, no fees, and best of all, it’s tax-free.

WHAT IS STASH FOR KIDS?

Stash For Kids is an extension of the Stash tax free investment, which has been specifically developed for South Africans under the age of 18 years.

Every parent wants to put their children in the best position for success. Parents strive to give their children the best education, best healthcare and best upbringing that they can provide, to lay the foundations for their adult lives.

But what about providing a financial foundation?

Introducing Stash For Kids - a tax-free investment that parents and guardians can open in the name of their children, investing in their future, tax free, by saving small amounts of money every day via their Stash app.

Using the same award winning* technology and investment philosophy, Stash For Kids allows you to build up a tax-free investment balance for your child from when they are born until they turn 18 years of age. With no fees, no tax and the benefit of time, your child’s investment has the best opportunity to grow, providing them with the best financial foundation you can offer.
*Digital CX Awards 2021

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KEY FEATURES

You can open one investment account per child

Each child will have a tax-free investment in their own name, but managed by you* via the Stash app.

* You must be a parent/legal guardian of the child

Stash For Kids is free

There are no forms, no fees, and best of all, it’s tax free

Automatically stash away small amounts daily

Use the Stash App to set an amount to automatically invest little bits of money into your child’s investment account every day. It all adds up!

Boost your child’s stash at the end of the month

Stash extra cash at the end of the month. You can boost your child’s stash by up to R1000 pm.

Stash in a tap

Your child got full marks on his spelling test? She did all her chores for the day? Top up their Stash between R10 and R500 at the touch of a button.

Manage their stash from your app

Manage all your children’s Stash For Kids investment accounts from the same app that you used to start your own Stash.

Invest their Stash in SA's Top 40 Shares

The CEO's of SA's Biggest Listed Companies are working hard to make their companies grow. Your children get this performance and any money that these companies pay to their investors (called dividends).

Or invest their Stash in Cash+

Stash's Cash+ portfolio grows their money a little bit every day. Get a 3.5% effective annual growth rate (we give 31 days' notice of any change) no matter what happens to the markets.

Or invest their Stash in Cash+

Stash's Cash+ portfolio grows their money a little bit every day. Get a 3.5% effective annual growth rate (we give 31 days' notice of any change) no matter what happens to the markets.

Invest their Stash in SA's Top 40 Shares

The CEO's of SA's Biggest Listed Companies are working hard to make their companies grow. Your children get this performance and any money that these companies pay to their investors (called dividends).

Withdrawals paid into your child’s bank account

The stash is your child’s. Any cash outs must be paid into a bank account in their name*.

*required documents must be provided at cash out

Give control when your child turns 18

When your child turns 18 years old, he/she will take control of their Stash tax free investment, helping them start their adult life with a solid financial foundation.

THINGS TO NOTE

Stash does not interact directly with the child and does not take any instructions from children. You, as the Guardian/Parent of the child, manage the child’s Stash For Kids investment account and are responsible for facilitating contributions into the child’s investment account on their behalf.

As a Guardian, you must have an active Stash Tax Free Investment account in your own name before opening a Stash for your kids. Your contributions to your own Stash Tax Free Investment Account are subject to the your own annual and lifetime contribution limits (currently R36 000 per annum and R500 000 respectively).

Contributions facilitated by you into your child(ren)’s Stash For Kids Tax Free Investment accounts contribute to their own annual (R36 000) and lifetime (R500 000) limits and not your own.

Contributions to Stash For Kids investment accounts are collected from the same connected bank card that you use to contribute to your own Stash Tax Free Investments.

Contributions facilitated by you, the Guardian, and collected on behalf of the child comprise donations, settlements or dispositions made by you to the child. These donations, settlements or dispositions made by you to your child(ren) may have tax consequences for you. You must obtain tax advice from your tax practitioner or financial adviser in order to understand the tax consequences of making such donations, settlements or dispositions to your child(ren).

IS THE APP SECURE?

We take the security of your data seriously

  • Your Stash is protected with 128-bit bank-level security.

  • Your Stash is protected by your secured pin and fingerprint (should your phone allow).

  • Your personal data is always encrypted. So, it always remains safe.

PAST GROWTH

Click on the links below to download the past performance of Stash's portfolios.

Cash+ Portfolio

SA Top 40 Shares Portfolio

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STASH YOUR SPARE CHANGE IN SA'S BIGGEST COMPANIES

Download the free app.
Invest the spare change.

What our lawyers want us to say: Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific product. Investments in certain investment products involve risk and are not guaranteed - their value will rise and fall at times and you could get back less than you invested. Your personal information collected on this website is strictly confidential.

Liberty Group Limited is the insurer of the Stash tax-free investment and an Authorised Financial Services Provider (no. 2409).

For more details about benefits, definitions, guarantees, fees, tax, charges (where applicable), limitations, contributions or other conditions and associated risks, please refer to Stash’s terms and conditions which can be found in the links above or in the App.