What Stockpilers Need to Know

  • Beginning August 17, 2022, Stockpile will be a paid membership service.

  • You will not be charged before August 17th.

  • The limited-time special offer for current customers to pay $19.95 once for lifetime access has expired.

  • Each lifetime and monthly membership includes 1 adult investing account and up to 5 kids investing accounts for minors. (Investing accounts can be added anytime after the lifetime access offer is claimed for the adult account, though custodial account holders can’t be changed.)

  • If you have less than $4.95 in your Stockpile account and you don’t take any action, your account balance will go to $0 when the membership fee is drawn. You will not hold a negative balance, and you will not receive any further bills. Your account will also be automatically closed. (See terms and conditions.)

  • Read on for membership benefits, and to review frequently asked questions.

6 Benefits You Get with Your Paid Membership

  • Flat rate for lifetime access for investing. Pay once, you won’t have to pay the membership fee again!

  • 1 adult investing account and up to 5 kids investing accounts with each lifetime or monthly membership. (With the Lifetime Membership, minors will retain their lifetime-membership status after they reach the age of majority.)

  • Real-time crypto investing—as simple as buying stocks!

  • Commission-free trading for stocks and crypto.

  • A brand new, redesigned mobile experience.

  • Instant debit-card funding, up to $2,000 per year.

9 MEMBERSHIP FAQ

I’m a current customer. Is there a special membership offer for me?

Yes, there was, but it has now expired. The Lifetime Membership offer for current customers was available for $19.95 until July 26, 2022.

Each Lifetime Membership offer included 1 adult investing account and up to 5 kids investing accounts. Investing accounts can be added anytime after the lifetime access offer was claimed for the adult account, though account holders can’t be changed. Plus, when minors become adults, they will still be able to keep their Stockpile lifetime access!

When will the paid membership begin?

It will begin August 17, 2022 for all customers. That’s also when all current customers who did not reserve the Lifetime Membership offer will be automatically enrolled in the monthly membership at the regular price of $4.95. (See terms and conditions.)

Why will Stockpile no longer be free to use?

Over the last 10 years, Stockpile has made investing easy and accessible with features like fractional share investing, debit-card funding, and gift cards redeemable for stock. Last year, we were even able to provide fee-free funding for accounts, and we were able to remove commissions on buying and selling stocks. And soon, we will be launching real-time crypto investing.

To support these exciting upgrades and continue to provide the best experience, we have decided to transition to a paid membership service.

What if I don't want a membership?

Here are the three alternative options aside from membership:

  • Sell stocks and transfer funds (no cost, but a linked bank account is required), then close your account. There could be tax implications to selling stock, so please consult with your tax advisor. This could take 5 to 7 business days. Must be completed by July 29, 2022.

  • Sell stocks and receive a check ($5 check fee deducted from your account’s cash balance), then close your account. As noted above, there could be tax implications to selling stock, so please consult with your tax advisor. Accounts must have only cash and no securities. Must be completed by July 29, 2022.

  • Move stocks to a different brokerage ($75 ACAT fee) and close your account.

    • Note: Stockpile does NOT charge any fees for this transfer, but our clearing firm (APEX Clearing) charges a $75 fee. The fee is deducted from your account’s cash balance prior to the transfer. This could take up to 7 to 15 business days. Must be completed by July 29, 2022.

Each of these alternative options requires contacting our Customer Care team by clicking or tapping on the help icon in the lower right-hand corner of this screen.

What happens if my account balance is $0, or I have less than $4.95. Will I keep getting charged?

If you have less than $4.95 in your Stockpile account and you don’t take any action, your account balance will go to $0 when the membership fee is drawn. You will not hold a negative balance, and you will not receive any further bills. (See terms and conditions.)

Are there any trading fees?

Stockpile does not charge commissions for the purchase or sale of securities or cryptocurrencies, and there are no trading fees for securities. We don’t charge a trading activity fee (TAF) or SEC fees, which are standard fees people often pay through other brokerages. Here is more information on fees.

A 100 basis point (1%) spread is charged by Apex Crypto on crypto trades to cover the costs associated with facilitating transactions and storing crypto, which is commonplace wherever crypto is traded. This will be reflected in the execution price when Apex Crypto executes the buy or sell order.

Will Stockpile take money from my linked bank account or linked debit cards?

No, unless you specifically ask us to do so. Membership fees can be drawn from available cash or securities in your Stockpile account.

If I have kids on my account, and I sign up for the Lifetime Membership, what happens when my kids become adults and get their own accounts?

When your kids become adults (i.e., they reach the age of majority and are no longer minors), their accounts will transition into adult (individual) accounts. Plus, their accounts will continue to maintain the Lifetime Membership status.

Who do I contact with any questions about Stockpile membership?

As always, our team is ready and available to offer assistance. If you have any questions, click or tap on the help icon in the lower right-hand corner of this screen to connect with Customer Care support.

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