Stake AUS Rewards Terms and Conditions

Last updated 18 February 2022

These terms and conditions (AUS Rewards T&Cs) apply to the rewards program (Stake Rewards) provided by Stakeshop Pty Ltd (Stake) from 31 January 2022 onwards. By participating in Stake Rewards, you agree to be bound by these AUS Rewards T&Cs, which are in addition to the Stake Terms & Conditions.

For the terms and conditions that apply to Stake Wall St Rewards click here.

Stake AUS Rewards

Stake Users on the Stake AUS platform are able to earn certain rewards as set out in these AUS Rewards T&Cs (a Reward). The types of Rewards are set out below.

1. Referral Rewards

Stake Rewards allows existing, registered Stake AUS users (Stake User) to earn promotional rewards by referring new customers to Stake AUS (Referral Program).

This section of the AUS Rewards T&Cs specifically concerns Stake Users who are doing the referring (Referrers). For the terms that apply to referred persons, see section titled ‘First Funding Rewards’ below.

Eligibility Criteria For Referral Rewards

Referrers can earn rewards if a new customer who has not yet created a Stake account (Referred Person):

  1. Enters the Referrer’s unique referral code when signing up to Stake AUS;

  2. Creates a valid Stake account (in the same jurisdiction as the Referrer) that complies with the Stake Terms and Conditions; and

  3. The referred person funds their Stake AUS account directly through the Stake platform using a qualified funding method (Qualified Funding);

(a Referral).

The Referred Person must not be the same person as the Referrer or another existing Stake customer. Referral codes will not be accepted retrospectively.

Qualified Funding

A Qualified Funding is a deposit (funding) by the Referred Person of their individual Stake AUS brokerage account inside the Stake product (not outside of Stake).

Earning Referral Rewards

On Stake AUS, the standard brokerage fee per trade is $3 (AUD). The Stake AUS Referral Program allows Referrers to refer their way to zero ($0) brokerage fees on Stake AUS.

Each time a Referrer makes a successful Referral, they are eligible to receive a $1 discount on their AUS brokerage account for 12 months from the date the Referred Person activates their Stake AUS account.

For example:

  • Referrer makes a successful Referral of friend #1, who activates their account on 31 January 2022. Referrer receives a $1 discount on Stake AUS brokerage fees for 12 months from 31 January 2022 until 30 January 2023, so their brokerage fees will instead be $2 per trade.

  • Referrer then makes another successful referral of friend #2, who activates their account on 20 February 2022. Referrer receives an additional $1 discount on Stake AUS brokerage fees for 12 months from 20 February 2022 to 19 February 2023. So their brokerage fees will now be $1 per trade.

  • This Referrer will be eligible for $1 brokerage on Stake AUS trades until 30 January 2023, when the discounted brokerage they earnt via friend #1 expires. The Referrer still has some time left until the discounted brokerage they earnt via friend #2 expires. So from 31 January 2023 until 19 February 2023 the Referrer will be eligible for $2 brokerage on Stake AUS trades.

  • If the Referrer didn’t make any further successful Referrals, the Referrer’s brokerage fees will revert back to $3 per trade on 20 February 2023.

Banking Referral Rewards

If a Referrer makes more than 3 successful Referrals in a 12 month period they are able to ‘bank’ up the eligibility for additional $1 discounted brokerage in the future (Additional Referrals). Additional Referrals will entitle the Referrer to $1 discounted brokerage fees on Stake AUS for 12 months from the expiry period of the earliest ending Referral Reward.

There is no cap on the number of Additional Referrals a Referrer may make, however Stake may in its sole discretion choose to limit the number of banked $1 discounted brokerage vouchers a Referrer has stored in their account if it exceeds nine (9) banked $1 discounted brokerage vouchers. If Stake takes such action, it may offer the applicable Referrer with an alternative incentive to be determined in Stake’s sole discretion.

For example:

  • Referrer has made 4 successful Referrals over the course of 2022.

Friend #1 was referred and funds their Stake account on 31 January 2022.

Friend #2 was referred and funds their Stake account on 31 March 2022.

Friend #3 was referred and funds their Stake account on 30 April 2022.

Friend #4 was referred and funds their Stake account on 30 June 2022.

  • From the date Friends #1, #2 and #3 fund their Stake accounts, the Referrer is eligible for $1 discounts on their Stake AUS brokerage fees. By 30 April 2022, the Referrer has reached $0 brokerage fees.

  • When Friend #4 funds their Stake account, the Referrer banks an additional $1 discounted brokerage in the Referrer’s Stake AUS account. This Additional Referral will extend the discounted brokerage fee earnt with Friend #1 for an additional 12 months to 30 January 2024.

  • The Referrer will therefore be eligible for $0 brokerage fees until 30 March 2023. The Referrer will then be eligible for $1 brokerage fees until 29 April 2023. After that, the Referrer will be eligible for $2 brokerage fees until 30 January 2024.

Limited Trading Policy

Regardless of the amount of discounted brokerage a Referrer is entitled to, the number of trades that may be made at the discounted brokerage fee is capped at 10 trades per month. After the 10th trade, the applicable brokerage fee will be $3 per trade.

Each month begins from the day of the calendar month that a Referrer activated their Stake account.

For example:

  • New customer signs up to Stake on 20 March 2022 and creates their Stake AUS account on 23 March 2022 (Referrer). The 23rd of the month is the Referrers activation date.

  • The Referrer successfully refers a family member to Stake AUS on 21 April 2022. The customer is now eligible to receive $2 brokerage on Stake AUS trades for 12 months.

  • Between 23 April and 22 May, the Referrer makes 12 trades. The first 10 trades during that period will be made at $2 brokerage per trade, and the remaining 2 trades will be at the standard $3 brokerage fee per trade. From 23 May, the Referrer’s trading cap resets and the customer is free to make another 10 trades at the discounted brokerage fee of $2.

Sharing Referral Links

Stake encourages the responsible sharing and distribution of your referral code, but Stake is not responsible or accountable for any adverse action by any third-party or third-party platform where you may share it.

Multiple Referrals

A Referred Person may only use one referral link. If a referred friend receives referral links from multiple Referrers, only the referral link used by the Referred Person to sign up to Stake will count towards a Stake Reward.

2. First Funding Rewards

Stake Rewards allows new Stake AUS users (Referred Person) to earn a Reward by signing up to Stake and funding their Stake AUS account (AUS Funding Reward).

This section of the AUS Rewards T&Cs specifically concern the Referred Person who is referred to Stake by a Referrer. For the terms that apply to Referrers, see section titled ‘Referral Rewards’ above.

The AUS Funding Reward is AUD$10 to be credited by Stake to the Referred Person’s Stake AUS account. The AUS Funding Reward may change from time to time, as communicated by Stake in any applicable promotional material.

Eligibility Criteria

In order to qualify for the AUS Funding Reward program, you must meet all of the following criteria:

  1. Have created a registered Stake account, including a verified email address, that has been approved for funding by Stake;

  2. Such account has not yet been funded;

  3. Have one individual account only (non-individual accounts such as SMSF trust, SMSF individual, company and minor accounts are not eligible for AUS Funding Rewards); and

  4. Make a single Qualified Funding of your Stake AUS account of at least $50 AUD within 24 hours (or another time limit set by Stake) upon first viewing the Portfolio/Dashboard page on the Stake App and/or Website.

For the avoidance of doubt, to qualify for the AUS Funding Reward your first ever funding must be at least $50 AUD. Subsequent fundings after your first funding to make up a total balance of over $50 AUD in your Stake AUS account will not qualify for an AUS Funding Reward.

Qualified Funding

If you meet the eligibility criteria for the AUS Funding Rewards above, you will be asked to claim your Reward after initiating your first funding through the Stake App and/or Website through the Stake platform using the funding gateways below.

For the avoidance of doubt, the payment gateways that are considered a Qualified Funding and earn an AUS Funding Reward are:

  • POLi

  • AUD Wallet Transfer


Customers are not eligible to set up multiple accounts to claim AUS Funding Rewards. Only one claim of an AUS Funding Reward can be made per person.

The AUS Funding Reward must be used on the Stake platform before it can be withdrawn. If the AUS Funding Reward remains unused after twenty four (24) months from the date it was claimed, the AUS Funding Reward will be deemed to have been forfeited.

3. Portfolio Transfer Rewards

Stake Rewards allows Stake AUS Users to earn discounted brokerage fees by transferring their existing share portfolios into Stake AUS (Portfolio Transfer Reward).

Eligibility Criteria For Portfolio Transfer Reward

In order to qualify for a Portfolio Transfer Reward, Stake Users must:

  1. Have an existing, registered Stake AUS account;

  2. Have not yet completed a portfolio transfer into Stake AUS; and

  3. Complete a single portfolio transfer of ASX listed securities worth at least AUD$1000 from a third party provider to Stake AUS;

(a Transfer).

Once the Stake User has met all of the above eligibility criteria and successfully made a Transfer, with the transferred portfolio appearing in the user’s Stake AUS account, then the Stake User will receive $0 brokerage for 12 months by the end of the week in which your transfer was completed.


Portfolio Transfer Reward is only applicable to first time transfers.

Portfolio Transfer Reward is only applicable to transfers of portfolios of ASX listed securities that have a total value of at least AUD$1000. The Value of the portfolio shall be determined by the market value at the time of completion of the transfer on Stake AUS. Stake may choose to grant a Portfolio Transfer Reward to portfolios worth less than AUD$1000 in its sole discretion.

Discounted brokerage earned as a Portfolio Transfer Reward is subject to the limited trading policy. That is, regardless of the amount of discounted brokerage a customer is entitled to, the number of trades that may be made at the discounted brokerage fee is capped at 10 trades per month. After the 10th trade, the applicable brokerage fee will be $3 per trade.

General Terms

Multiple Stake Rewards

Stake Users are not precluded from earning multiple Stake Rewards under these AUS Rewards Terms and Conditions.


Stake Rewards may not be earned by creating multiple Stake Accounts. Stake Rewards accrued in separate Stake accounts may not be combined into one Stake account. Stake Rewards can only be earned with your “Individual Account” and not a company, trust, SMSF or other type of account.

If for any reason you believe that there is a discrepancy regarding your Stake rewards, email

Stake may require you to submit additional information in order to determine your eligibility. All decisions regarding your status will be final and at Stake’s sole discretion.

You are responsible for any tax consequences, if any, that may result from your redemption or use of Stake Rewards.

Implications of owning stock

Owning a share in a business comes with fluctuations in price. Share prices fluctuate daily and can be a volatile asset.

Tax Implications

You may be liable for capital gains tax on the entire value of the share when sold. This is dependent on your personal circumstance and you will need to seek advice from a tax professional.

No Affiliation

Stake and its employees are not affiliated with any company or issuer whose stock may be part of Stake Rewards and are not affiliated with any exchange that the stock may be listed or traded on.


If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.

Termination and Changes

Stake may suspend or terminate in whole or part the Stake Rewards program or a user’s ability to participate in Stake Rewards at any time for any reason.

We reserve the right to suspend accounts or remove Rewards if we notice any activity we believe is abusive, contrary to Stake’s brand values, fraudulent or in violation of the Stake Terms & Conditions. We reserve the right to review and investigate all referral activities and to suspend accounts or modify referrals in our sole discretion as deemed fair and appropriate.

In particular, Stake reserves the right to not grant a Reward for the Referral Program and First Funding program where Stake, in its reasonable opinion and sole discretion, believes an account was not established, or a funding was not made, for a proper purpose. A proper purpose includes an account being established with the intention to invest. A proper purpose does not include establishing an account with the sole aim to claim a Reward for the Stake User or someone else.

The scope, variety and type of services and products that you may obtain by redeeming Stake Rewards can change at any time.

Legal & Updates to the terms

These AUS Rewards Terms & Conditions are governed by and construed in accordance with the laws of New South Wales, Australia and shall be subject to the jurisdiction of the New South Wales Courts.

We can update these AUS Rewards T&Cs at any time without prior notice. If we modify these terms, we will post the modification on the Stake website & app which are effective upon posting. Continued participation in Stake Rewards after any modification shall constitute consent to such modification.

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Stakeshop Pty Ltd is registered as an overseas company in New Zealand (NZBN: 9429047452152), and is registered as a Financial Service Provider under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 (No. FSP774414). We hold a full licence issued by the Financial Markets Authority to provide a financial advice service under the Financial Markets Conduct Act 2013. However, the content on this website has not been prepared to take into account any of your individual objectives, financial situation or needs. To the extent you require further information about the relevant New Zealand legislation that may apply, or require specific advice, please contact your legal and/or financial adviser (as appropriate). The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Terms & Conditions, Privacy Policy, Financial Advice Disclosure and Disclaimers before deciding to use or invest on Stake. By using the Stake website or service in any way, you agree to our Privacy Policy and Terms & Conditions All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake is a registered trademark under class 36 (New Zealand).

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