Cowrywise Stash is designed as a virtual wallet that provides a seamless way to fund your plans and receive proceeds from sold investments. While it offers convenience and flexibility, it is essential to understand the intended usage of Stash and the associated fees to make informed financial decisions.

Stash serves as a dedicated account within Cowrywise that allows you to store funds for specific purposes, such as sending money to your plans or receiving proceeds from investments. It is not intended to replace a traditional bank account but rather to complement your financial management strategy.

When making withdrawals from your Stash account, please be aware that there is a processing fee of N25. It's important to note that any withdrawal made after 10 times in a month will incur an increased fee of N100 instead of the regular N25 for transactions below N50,000, and N50 for transactions above N50,000.

For transfers from your Stash account to your regular bank account, a transfer fee of N100 will be applied once you exceed a certain number of transfers within a month. This fee structure encourages responsible usage and helps maintain the efficiency of the system.

While Stash provides a convenient way to manage your funds, it is crucial to use it appropriately and understand its limitations. We strongly recommend using your regular bank account for receiving funds that you plan to use within a short period. On the other hand, Stash is well-suited for funds that you intend to save, invest, or store for a longer duration.

We understand that you may have questions or concerns about Cowrywise Stash. Please feel free to reach out to us if you require any further clarification or guidance. Our team is here to assist you and ensure you have a seamless and rewarding experience with our platform.

Remember, Stash is not a replacement for a regular bank account but a complementary feature to enhance your financial management.