What is a Stash account? | Money

A Stash account is a sub-account within your Swag Spend account to help manage your finances.

Swag Spend account holders can create up to 9 Stash accounts to which you can transfer money. You will be able to name your Stash accounts, set money targets and categorise your Stash account as a holiday savings account, a bill management account or any category that works for your financial management. 

You will be able to stay in control by keeping money for important things separate from the rest of your Swag Spend Account balance.

Creating a Stash account
  1. Log into the Swag app.
  2. Tap on Money.
    Screenshot of swag home screen with money icon highlighted
  3. Tap on Stash along the top bar, or tap on the Stash tile in the middle of the screen.
    Screenshot of money home screen with stash option highlighted
  4. Tap Create Stash button.
    Screenshot of stash home screen with create stash button highlighted
  5. Add a name for your Stash account.
    Screenshot of where to add a name into your new stash sub account
  6. Set a financial goal for your Stash account.
    Screenshot of where to add a financial goal into your new stash sub account
  7. Confirm your Stash details.
    Screenshot of where to confirm your new stash sub account
  8. Your Stash account has now been set up.
Adding money to a Stash account
  1. Log into the Swag app.
  2. Tap on Money.
    Screenshot of swag home screen with money icon highlighted
  3. Tap on Stash along the top bar.
    Screenshot of money home screen with stash option highlighted
  4. Tap on the account you want to add funds to.
    Screenshot of stash home screen with your chosen account highlighted
  5. Tap on Add funds.
    Screenshot of stash home screen with your chosen account highlighted
  6. Type in the amount of money you wish to add, then tap Confirm.
    Screenshot of stash home screen with your chosen account highlighted
  7. This then allocates funds from your main Swag Spend account to your designated Stash account.
Withdrawing from a Stash account
  1. Log into the Swag app.
  2. Tap on Money.
    Screenshot of swag home screen with money icon highlighted
  3. Tap on Stash along the top bar.
    Screenshot of money home screen with stash option highlighted
  4. Tap on the account you want to withdraw funds from.
    Screenshot of stash home screen with your chosen account highlighted
  5. Enter the amount that you wish to withdraw, then click Confirm.
    Screenshot of withdrawal screen. enter your withdrawal amount thentap on confirm

Important

If you withdraw the entire balance from a Stash account, you can then close the Stash account by tapping on Confirm & close Stash.

Closing a Stash account
  1. Log into the Swag app.
  2. Tap on Money.
    Screenshot of swag home screen with money icon highlighted
  3. Tap on Stash along the top bar.
    Screenshot of money home screen with stash option highlighted
  4. Tap on the account you want to close.
    Screenshot of stash home screen with your chosen account highlighted
  5. Tap on the bin icon in the top right-hand corner.
    Screenshot of stash home screen with your chosen account highlighted
  6. Tap on Delete this Stash.
    Screenshot of stash home screen with your chosen account highlighted

Important

When you close a Stash account, any remaining balance from the closed account will automatically transfer into your main Swag Spend account.

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