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Funding methods
You can fund your Stake account via:
- Direct bank transfer
- Debit card/credit card/Google Pay/Apple Pay
How do I deposit on Stake via bank transfer?
You can deposit funds into your Stake Wall St account via bank transfer from a local bank account. The minimum funding amount is NZ$50.
On the Stake App
- Head to your dashboard in the ‘Invest’ tab and tap on the ‘Add’ button located next to your buying power
- Input the desired deposit amount
- Select ‘Bank transfer’ from the payment options (located next to ‘Deposit with’)
- You’ll then be provided with the bank account details to use when making the payment from your banking institution.
- Once you’ve submitted the transfer from your bank account, you can confirm by tapping ‘I’ve made a transfer’ to finalise your deposit.
On web
- Head to your dashboard in the Invest tab and click on ‘Add Funds’ > or click through to your Balances page via the Wallet icon on the top-right of your screen.
- Input the desired deposit amount
- Select ‘Bank transfer’ from the payment options (located next to ‘Deposit with’)
- You’ll then be provided with the bank account details to use when making the payment from your banking institution.
- Once you’ve submitted the transfer from your bank account, you can confirm by tapping ‘I’ve made a transfer’ to finalise your deposit.
Please note that when making the transfer, you must enter the correct BSB, Account Number and Account Name.
Important information:
- Your bank may place a hold on your first payment for up to 24 hours
- Stake does not accept third-party deposits
Can I fund via card, Apple Pay or Google Pay?
Yes, follow the steps below to deposit via debit/credit card, Apple Pay or Google Pay. The minimum funding amount is NZ$50.
Credit/debit card
- On the Stake app, head to your portfolio dashboard and tap Buying power > Add funds; on web, click on the wallet icon in the right-hand corner > Add funds
- Input the deposit amount
- Select debit/credit card
- Enter your card details (you can also save these details for future fundings)
- Confirm deposit
Apple Pay/Google Pay
- On the Stake app, head to your Wall St portfolio dashboard and tap Buying power > Add funds; on web, click on the wallet icon in the right-hand corner > Add funds
- Insert the deposit amount
- Select Apple Pay/Google Pay
- Follow the prompts and confirm the deposit
Please note, that funds will only be available for withdrawal after the underlying deposit has been cleared/reconciled in our main facility account. This process generally takes between 1-2 business days.
Processing fees: All debit card deposits (including Google Pay and Apple Pay) incur a 2% processing fee. Credit card deposits (including Google Pay and Apple Pay) incur a 3% processing fee.
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