StashAway review

StashAway pays a variable rate of 1.5% on its cash-management account. Because the rate type is variable, the figure can move as rates change, so treat it as a starting point rather than a locked-in return. Access runs on Withdraw anytime, no lock-in, so the balance stays available.

StashAway lists no monthly fee, so there is nothing to pay each month for holding the account. Across the site the median monthly fee is €0, which makes a fee of this kind the standard setup rather than an exception among the accounts compared.

The minimum deposit is SGD 0, so there is no balance to clear before you start. It ranks 1 of 370 brands on minimum deposit, so entry is easy. The trade-off sits on the other side of the comparison, where the rate of 1.5% is modest.

Yes. Access terms are Withdraw anytime, no lock-in, so there is no lock-in and no fixed waiting period. The account kind is cash management, which keeps it usable for working cash rather than a term deposit.

StashAway is licensed by the Monetary Authority of Singapore, with licence number CMS100604. The operating entity is Asia Wealth Platform Pte. Ltd. (201624878Z) and the head office is in Singapore. The regulator's record lists that licence against the same entity.

The account is run by Asia Wealth Platform Pte. Ltd. (201624878Z), based in Singapore, and it was founded in 2017. The legal entity named on the licence is the same one, which is the point to check if you want to confirm the firm behind the brand.

Support runs on email, phone and help centre, so you can reach the team by email or phone or work through the help centre. That mix covers the main routes people expect from a cash-management app.

StashAway classifies the account as cash management. That points to holding money you may need on short notice rather than tying it up, and it explains why the rate of 1.5% is set on a variable basis with access on Withdraw anytime, no lock-in.