Liberty Newsletter February 2019 View the newsletter online

Liberty’s Stash updates its privacy settings

Share this article:
LinkedIn Email Facebook Twitter

Stash is an app that invests small amounts of money in some of South Africa’s biggest companies. One of the most popular ways to stash – investing the spare change – is being replaced with a new feature called ‘Daily Stashing’.

When Stash was first launched by Liberty, it would use your bank’s transactional SMSs to detect every swipe of your debit, credit or cheque card. Stash would then collect your spare change and invest it in a tax-free savings account.

However, due to Google's new privacy requirements on its apps, small adjustments to the way the app works will be introduced. Stash previously used your bank’s transactional SMSs to work out what spare change to stash. From 20 February 2019, Stash will no longer have access to your SMSs in line with Google’s new privacy policy. The new feature ‘Daily Stashing’ allows users to stash starting from R5 a day. If you want to stash more, you can choose to invest up to R100 a day.

About Liberty
Liberty Group Limited is a registered Long Term Insurer, the Insurer of the Stash Tax-Free Investment and an Authorised Financial Services Provider (FAIS 2409). Terms and Conditions apply.

Liberty is an established and growing Pan-African financial services group, with a presence in 18 countries. It offers an extensive, market-leading range of products and services to help retail and corporate customers build and protect their wealth and lifestyle. These include life and health related insurance; financial support for retirement; and investment management provided through its subsidiary Stanlib. Liberty is part of the Standard Bank Group, which has a 53.6% stake, and has been operational for nearly 60 years. Liberty Holdings is listed on the Johannesburg Stock Exchange as well as the Nairobi Stock Exchange in Kenya.

Share this article:

LinkedIn Email Facebook Twitter

Your feedback is important to us – talk to us

Thank you for the feedback we have received on these newsletters so far. Your comments and suggestions will help us to give you relevant information for planning and managing your finances.

Please keep talking to us and telling us what you think! You can email your comments to [email protected].

ContactCall us EmailEmail us FacebookFacebook TwitterTwitter

Liberty.co.za | Contact Us | Update my details

DISCLAIMER: The information contained in this document should not be regarded as financial advice by Liberty. Any legal, technical or product information contained in this document is subject to change from time to time. This document is a summary of features of the product. If there are any discrepancies between this document and the contractual terms, the latter will prevail. Any recommendations made must take into consideration the clients' specific needs and unique circumstances.
Liberty Group Limited is a Registered Long-Term Insurer and an Authorised Financial Services Provider (FAIS no 2409). Terms and Conditions apply.