Stash your cash with no rules
- No minimum balance
- No limit on the amount that can earn the projected rate
- No management fees
- No investment, insurance, or salary requirements
How will you use Simple?
- Store your emergency fund
- Prepare for short-term liquidity needs
- Fund your StashAway investment portfolios
Growing your cash should be Simple
No minimum balance to earn the projected rate. $1 or $1,000,000, it’s all the same to us.
Require a minimum balance to earn the basic rate.
No requirements to meet to earn the full projected rate.
Require investments, insurance, salary crediting, and more to unlock the full rate.
Where does your money go?
Projected rate before fees
Net fee charged by the underlying fund manager
StashAway management fee
Projected rate after all the fees
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Frequently Asked Questions
Why shouldn't I invest in these funds myself instead of having StashAway invest on my behalf?
We give you access to the Emirates NBD Islamic Money Market Fund at a low cost. With the MMF, we are using an institutional share class that has a lower total expense ratio (annual fee charged by the MMF's fund manager) than the retail share class available on FSM or anywhere else.
Do I need to invest with StashAway to have StashAway Simple™?
Nope! You can have just a StashAway Simple™ portfolio, if that's what works best for your financial plan.
How is StashAway Simple™ different from a fixed deposit account or savings account?
Unlike fixed deposit accounts that require a minimum lock-up period, you can withdraw from StashAway Simple™ at any time. And unlike traditional savings accounts, StashAway Simple™ doesn't have any tiered earnings structures or account activity requirements. Also, StashAway Simple™'s rate can vary, depending on the economic environment. In addition, your Simple portfolio is made up of ultra-low risk assets, but is not insured.
How risky is StashAway Simple™?
StashAway Simple™ is an investment, so there is a level of risk, but it’s incredibly low. We designed it to be an ultra low-risk cash management portfolio that invests in a money market fund.
Can the projected rate change?
Yes. Depending on economic conditions, StashAway Simple™'s projected rate may change, as its underlying funds are affected by economic health factors. Though, when applicable, our system will re-optimise your Simple portfolio to maintain the highest possible projected rate within a given economic environment. We'll review the projected rate continually, and notify you in case there's a change. The risk level to which your money is exposed will remain the same within StashAway Simple.