Grifin buys stock in the public companies on Grifin that you already shop at. You link your cards, shop the way you always do, and Grifin invests in the background.
1. Link your cards
Connect the debit and credit cards you already use, plus a bank account. Grifin connects to your bank through Plaid, which supports more than 12,000 financial institutions.
2. Shop like you already do
Keep using your cards the way you normally do. There's nothing new to do at checkout.
3. Grifin buys a little stock where you shop
When you shop at one of the public companies on Grifin, Grifin buys a little of that company's stock for you, with your own money. Shop at Starbucks, automatically buy their stock. You choose how much Grifin invests for each eligible purchase.
4. Deposits go out on a schedule
Grifin doesn't buy at the moment you pay. Trades aren't made in real time: your bank account is debited once a week on your debit day, which you choose and can change in the app.
What members own most often
Most Grifin members who invest automatically do it every week. Walmart, Amazon and Apple are the stocks Grifin members own most often. See how to get started.
What is Grifin?
Grifin is an investing app that buys stock in the public companies on Grifin that you shop at. It connects to the cards you already use and invests your own money automatically, so you can own a piece of the public brands you spend money with.
What if I shop somewhere that isn't a public company?
Then there's no stock to buy. Grifin only buys stock in public companies on Grifin, so a purchase at a private business doesn't buy any stock.
Can I turn off a company?
Yes. Search for the company in the app, tap the three dots, and tap Block. Grifin will no longer invest in that company. Blocking doesn't undo stock you already bought or purchases already in progress.
Can I sell or withdraw?
Yes, you can sell and withdraw from the app, but it isn't instant. A sell order placed while the market is open usually goes through shortly after. Cash from the sale usually shows up in your Grifin account within 1-2 business days, and a withdrawal usually takes 1-3 business days to reach your linked bank account. Cash from a deposit made in the last 7 days takes 6 business days to become available to withdraw.
Is Grifin free?
No. Grifin is a paid membership, charged separately from your investments. See current pricing.