Stake get their money from foreign transfer fee, the Premium or Black pack, and interest on the US dollar balance on your account. Foreign transfers are charged by taking 1% of the amount transferred from NZ dollars to US dollars, and vice versa. Although they reap some interest from the uninvested US dollars on your account, the amount isn't significant.
Your money is transferred from your account to Stake’s foreign transfer partner in your country. Once cleared, funds are sent to DriveWealth — Stake’s US broker-dealer — which will expose your money to the U.S. stock market.
Sign up didn't go quite the way it was meant to. But Kate called and she walked through everything so we could work out what went wrong. she was patient, friendly, supportive and kept me calm to finally get plan registration sorted ( still can't log in though - she must be magic )
Found it really easy to find what i needed and also got a call regarding what deals might be best suited etc. Saves a lot of time. Highly reccommend glimp
Easy site to navigate. Gave me great options that suit my household including reputable providers I wasn't familiar with.
I’ve just had a great experience with Kurt from glimp compare. He helped me through the process from the time I clicked onto the website, via the chat function. Long story short I have signed up to a new power and broadband provider with significant cost savings. There was no pressure at any stage, just respectful guidance and facilitation to initiate the new supply.
Good options, but ideally an option to combine & compare cost for best mobile + broadband option would be nice.