Cash Back on Move-In: A Resident's Guide to Earning Cash Back
So you live in a Stake Network Community and just moved in! Congrats.
As a new residents you can enjoy a financial perk right from the start: Cash Back on Move-In. Whether you’re paying rent with your properties resident portal or with StakePay your first month comes with a cash-back bonus, making your move-in more financially rewarding.
Here’s everything you need to know about starting to getting a return on your rent.
What is Cash Back on Move-In?
When you move into a Stake Network Community, you receive your first month of Cash Back. This bonus is available to new residents at select Stake Network Properties as a thank you for joining the community, regardless of how you choose to pay your rent. Plus, you don’t need to use any other Stake services to access this reward—it's yours as a move-in bonus.
How Will You Know About Your Cash Back Reward?
Stake ensures you're well informed:
- Community managers will inform you about your reward.
- You'll receive an email and text message from Stake.
- Stake will send weekly reminders for a few weeks to ensure you don’t miss out on claiming your Cash Back.
- You may receive a call from our financial concierge to help you access everything Stake has to offer.
- We are always available through in-app support and our customer care line email, text, and customer support.
How Much Cash Back Will You Receive?
Your Cash Back amount depends on the Stake program your community participates in. Here’s a breakdown:
StakeCore
You’ll earn 1% Cash Back of your rent amount. The bonus will appear in your Stake account within a day of moving in, and you can claim it when you log into Stake for the first time.
For example, if your rent is $1,700/month, you’ll receive:
- $17 Cash Back (1% of $1,700).
StakePro
You’ll receive 2% Cash Back of your rent, which is available the same way as with StakeFree.
If your rent is $1,700/month, your reward will be:
- $34 Cash Back (2% of $1,700).
Stake+
As a Stake+ resident, your Cash Back is calculated based on a percentage of your rent and is prorated depending on your move-in date. Stake+ residents also get a bonus StakePay reward, in addition to their prorated Stake+ reward.
For instance, in a 5% Cash Back Leasing Campaign at a StakeFree community with $1,700 rent, you’d receive:
- $85 Rent Match (5% of $1,700),
- $17 Stake Bonus (1% of $1,700),
- Totaling $102 Cash Back on move-in.
What Happens with Prorated Rent?
For residents who move in mid-month, the Cash Back amount is prorated. Here’s an example of how it works:
If you move in on December 15th, with a rent of $1,700 and a 5% Cash Back program at a StakeFree community, your bonus would be:
- 15 days prorated rent = $822.36,
- Rent Match: $41.12 (5% of prorated rent),
- Stake Bonus: $17 (1% of full rent),
- Total Cash Back: $58.12.
If you move in after the 25th, your Cash Back will also include the following month’s full rent bonus.
Is it automatic?
Yes, the Cash Back bonus is automatic! When you move into a Stake Network Community, your Cash Back reward is credited directly to your Stake account. The first time you log into your Stake account, you can easily claim your bonus without needing to take any additional steps.
Stake will notify you about the bonus through email and text messages, and will even send weekly reminders to ensure you don’t miss out on claiming it. So, while the reward is automatic, you’ll just need to log into Stake to claim and access it.
With Stake’s Cash Back on Move-In, starting your new residency can be both financially smart and rewarding. Welcome home, and don’t forget to claim your cash!