The Stash is basically a virtual wallet on the Cowrywise app. You can transfer from any bank account into your Stash account number via bank transfers or USSD. Funds in your Stash can then be transferred to a savings plan, investment plan, another Cowrywise user or your bank account.

How to Set Up Stash

  • Select the option for Stash at the bottom right of the app (it has a wallet icon). 

  • Click on it to read about the feature and select the Get Started button.

  • Fill out the form with your BVN and date of birth (BVN helps us validate each customer).

  • Once you fill it, an account number will be generated for you which you can then make transfers to and from Stash, fund your savings or investment plan or transfer to another user.

How to Fund a Plan from my Stash

To fund a plan, first, make sure there's some money in your Stash. Once your Stash is funded, you can go ahead to fund your plan with either of these methods.

Method 1:

  • Select the transfer option on the Stash page (you should have credited your Stash first either via USSD or direct bank transfer)

  • Select the option of where you want to transfer to

  • Specify the amount you want to transfer and click continue to process it

Method 2:
If you have an existing plan:

  • Select the plan you want to fund

  • On the plan page, select top-up 

  • Input the amount to transfer to the plan and select the payment option

  • Choose Stash as the payment method

PS If you're a new customer with no existing plan:

  • Fund your Stash then proceed to set up a plan

  • Fill out the plan details (Note: You will have to select the option to save whenever you want to as Stash transfers cannot be automated at the moment)

  • Select Stash as the funding source

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