Update 7/17/22: They’ve extended the offer for lifetime membership through July 26, 2022.
Additional clarification: “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.”
Original Post:
Stockpile, a stock gifting platform known for their credit card funding, is transitioning to a paid membership model. The change will take place on July 15th. There are two options:
-
Lifetime membership: Pay a one-time $19.95 fee and get lifetime membership. The lifetime membership offer for current customers is available now for $19.95 through the end of June 2022. Each lifetime membership includes 1 adult brokerage account and up to 5 kids brokerage accounts. When children reach the age of majority, they will still be able to keep their lifetime Stockpile access.
- Monthly membership: Costs $4.95 each month. Each membership includes 1 adult brokerage account and up to 5 kids brokerage accounts.
You’ll automatically be charged the monthly fee if you take no action. Presumably accounts that have no funds in them will not have a charge, let us know if you can verify this point.
You can close your Stockpile account by going to the Help blurb at the bottom-right of the screen, then Search “close” and the top result should be the closure form which you can fill out.
Those who use Stockpile might find the $4.95 monthly fee worthwhile. The $19.95 fee could be an excellent deal as well for someone who gains from the service, whether the credit card funding or otherwise.
Currently, you can get $2,000 in credit card funding per year with Stockpile, so some might consider it worth the $20 to get that for the upcoming years. Of course we don’t know if that will last or if the company will last forever.
Full details at this link from Stockpile.Â
Has anyone received their 1099 yet? I closed my account so I have to stalk Apex to figure out when my tax forms will be posted.
Rob I got an email from them telling me to setup an Apex acct to see the forms. I was able to setup access but not forms yet for me (the support said by 2/15). Search your email for “1099s and Monthly Statements – Get Prepped for Tax Season” This was the subject of the email I received and it had my acct# in it needed for Apex setup.
Buying new gift cards doesn’t seem to work anymore (tried 2 bofa cc) – “Unfortunately, we were unable to complete your purchase. Please try a different payment method.”
Received this email tonight:
As a valued Stockpile member, you were given a 120-day grace period for your Stockpile Membership which began July 9, 2022. You were able to enjoy the new design and features at no cost or obligation. But your account will be charged a membership fee of $4.95/month starting January 9, 2023.Â
Get FREE Stocks With Annual Memberships!
During the holidays, we have a limited-time offer. Buy an annual or multi-year membership and get up to $50 of FREE stock!!Â
1-Year Membership – $50
Get $5 FREE stock or crypto
2-Year Membership – $100
Get $20 FREE stock or crypto
 3-Year Membership – $150
Get $50 FREE stock or cryptoÂ
Offer valid through 1/6/23.Â
Will pay the $75 fee and try to bail and rollover before then.
Stock purchase using debit card also stopped working for me. Anyone still have it working?
Instant debit transfers stopped going through for me last week.
CSR says they have an $800 rolling 6 month limit for debit cards.
Must be new since I did twice that in under a month – but on the plus side it isn’t a ban.
I tried it today (1/3), and all debit purchases still don’t work. Does it work for you?
Anyone no longer have the option to add new debit card for funding?
The three that I have already added work fine… however no longer can delete or add debit cards in the app.
Stockpile allows max of 3 debit cards. You have to email support to remove one before you can add another one.
Starting last weekend I haven’t been able to get any debit card transactions to go through. Anyone else have this issue?
same here, I couldn’t get any debit card purchase or funding through since 12/11. Sent support a chat and got a useless cookie-cutter response to use checking account instead.
Thanks
I’ve also started getting “Your transaction could not be completed” for all debit transactions since a few days ago.
Will be too bad if they’ve shut this down… at least I came out slightly ahead after subtracting the membership fee
I tried it today (1/3) and all debit purchases still doesn’t work. Does it work for you?
I don’t see Buy Gift cards option any more. It is still there? I see Redeem gift card though. What a heck! I paid for lifetime membership with them, and they removed buying gift cards?
i still see it here https://www.stockpile.com/gift/egift-card
Anybody having issues buying gift cards or loading cash from debit cards this week?
Seems like 2FA not working with Google Voice numbers since yesterday. Anyone else have same issue?
Hi, can someone tell me the current CC funding limit? Is $2,000 total still the limit?
I know that you can only buy $200 a day. Are you able do this every day, 10 days in a row?
Also, if you buy it as a guest, how are they tracking your total – is it by address?
I just tried buying as a guest, it said I was at my limit. I’m assuming it’s address based, though I didn’t try to circumvent it (don’t want to get shut down).