Choosing the best investment apps fractional shares investors can use in 2026 comes down to more than a $1 minimum. The right platform depends on whether you want automated recurring buys, ETF access, individual stock slices, retirement-account flexibility, or more advanced trading tools. Fractional shares make it possible to invest fixed dollar amounts instead of buying full shares, while recurring investments can turn investing into a repeatable habit.
Below is a research-grounded roundup of fractional-share investing apps and brokers mentioned in the source data, with a focus on minimums, fees, available assets, automation, account options, and trade-offs.
1. Why Fractional Shares Matter for New Investors
Fractional shares let investors buy less than one full share of a stock or ETF. Instead of needing enough cash to buy a full share, you can invest a dollar amount that fits your budget.
For example, NerdWallet explains that if a stock trades at $100 per share, an investor could put in $10 and own a small slice of that share. StockBrokers.com gives a similar example using Berkshire Hathaway Inc. Class B, priced around $484.89 as of May 2026: a $100 purchase would represent about 21.11% of one share at that price.
Fractional shares are not only for small accounts. StockBrokers.com notes that even investors with multi-million-dollar portfolios may use fractional shares for portfolio construction and strategy.
The practical benefit is simple: investors can allocate money by dollar amount rather than by share count. That matters when popular stocks or ETFs trade at prices that are too high for someone investing $10, $25, or $100 at a time.
What fractional shares make possible
Fractional-share investing can help with:
- Access: Investors can buy slices of higher-priced stocks without needing the full share price.
- Diversification: A smaller amount of money can be spread across multiple holdings.
- Dollar-cost averaging: Fixed recurring investments can be deployed even when share prices change.
- Full cash deployment: Instead of leaving leftover cash idle because it is not enough for a full share, investors can put smaller amounts to work.
Smart Money Picks gives a simple example: if Amazon trades at $180 per share, a $10 investment buys about 0.0556 shares. If the share price rises 10%, that fractional position would rise by the same percentage, from $10 to $11, before any fees, taxes, or other factors.
Fractional dividends
According to the source data, fractional shareholders can receive proportional dividends. If a company pays $1.00 per share and you own 0.5 shares, you would receive $0.50.
Smart Money Picks also notes that most platforms automatically reinvest fractional dividends into additional fractional shares, though investors should confirm each platform’s current dividend reinvestment settings before relying on that feature.
2. How Recurring Buys Help Build Investing Habits
Recurring buys allow investors to schedule purchases automatically. Instead of deciding each week or month whether to invest, you set an amount and cadence, then the platform buys eligible investments according to your instructions.
For investors comparing investment apps fractional shares support, recurring buys are especially important because they pair naturally with dollar-based investing. If you invest $25 per week, fractional shares allow that full amount to be invested even if one share costs much more than $25.
Why automation matters
Recurring investing can support a consistent approach:
- Habit formation: Scheduled purchases reduce the need to manually place every trade.
- Dollar-cost averaging: The same dollar amount can buy more shares when prices are lower and fewer when prices are higher.
- Budget alignment: Investors can match recurring buys to a paycheck or monthly savings plan.
- Lower friction: Automation can reduce delays caused by indecision or forgetting to invest.
The source data identifies several platforms with recurring or automated fractional-share features, including Fidelity, M1 Finance, Robinhood, and SoFi Invest. Webull and Charles Schwab Stock Slices are described as not offering automated fractional investing in the Smart Money Picks comparison, while Schwab Stock Slices is limited to S&P 500 stocks.
Recurring buys vs. automated portfolios
Not all automation is the same.
| Automation Type | What It Does | Examples From Source Data |
|---|---|---|
| Recurring fractional purchases | Automatically buys a stock, ETF, or basket on a schedule | Fidelity recurring fractional purchases, Robinhood recurring investment scheduling |
| Portfolio-based auto-investing | Allocates deposits across a target portfolio | M1 Finance “pies” |
| Robo-advisor investing | Builds and manages a diversified portfolio using automated tools | Fidelity Go, SoFi’s free robo-advisor |
| Manual fractional trading | Lets investors buy fractional shares but requires manual trade placement | Charles Schwab Stock Slices, Webull according to Smart Money Picks |
For beginners, the distinction matters. A recurring buy into one stock is not the same as an automated portfolio that spreads money across several investments.
3. Best Apps for Low Minimums
Low minimums are one of the biggest reasons investors search for fractional-share apps. The source data highlights several platforms with $0 account minimums and fractional purchases starting as low as $1.
Low-minimum fractional-share app comparison
| Platform | Account Minimum | Fractional Purchase Minimum | Fees / Commissions Mentioned | Fractional Asset Availability Mentioned |
|---|---|---|---|---|
| Fidelity | $0 | As low as $1 | $0 per online U.S. stock and ETF trade | Thousands; Smart Money Picks reports 7,000+ stocks and ETFs |
| M1 Finance | Not specified in all sources | $1 | $0 fees/commissions per Smart Money Picks | Smart Money Picks reports 6,000+ stocks and ETFs |
| Robinhood | Not specified in all sources | $1 | $0 fees/commissions per Smart Money Picks | Most U.S. stocks and ETFs per Smart Money Picks |
| SoFi Active Investing / SoFi Invest | $0 in NerdWallet table | $1 per Smart Money Picks | $0 per trade in NerdWallet table | Most U.S. stocks and ETFs per Smart Money Picks |
| Webull | Not specified in provided source data | $1 per Smart Money Picks | $0 commissions per Smart Money Picks | Most U.S. stocks; limited fractional ETF selection per Smart Money Picks |
| Charles Schwab Stock Slices | $0 minimum deposit per StockBrokers.com | $5 | $0 stock trades | S&P 500 stocks only |
| Interactive Brokers IBKR Lite | $0 | Not specified in source data | $0 per trade for IBKR Lite U.S. stocks and ETFs | More than 10,000 eligible U.S., Canadian, or European stocks and ETFs |
Best low-minimum picks by use case
Fidelity — Best broad low-minimum choice
Fidelity combines a $0 account minimum, $0 online U.S. stock and ETF trades, and fractional purchases as low as $1. Smart Money Picks reports 7,000+ fractional stocks and ETFs, while StockBrokers.com says Fidelity supports most stocks and ETFs available on markets like the NYSE and NASDAQ.SoFi Invest — Best beginner-oriented low-minimum option
SoFi Active Investing appears in NerdWallet’s fractional-share broker list with $0 per trade and a $0 account minimum. Smart Money Picks describes SoFi’s Stock Bits feature as beginner-friendly, with guided onboarding and a $1 minimum.Robinhood — Best simple dollar-based buying flow
Smart Money Picks highlights Robinhood’s simple interface: type a dollar amount, select a stock, and buy. It reports a $1 minimum, $0 commissions, recurring investment scheduling, and real-time fractional execution.Charles Schwab Stock Slices — Best low-minimum S&P 500-only option
Schwab Stock Slices has a $5 minimum purchase and allows investors to buy slices of S&P 500 companies. CNBC’s search snippet and NerdWallet both note Schwab’s ability to buy up to 30 S&P 500 stock slices in one transaction.
The lowest minimum is not always the best choice. Selection, automation, order types, and account features can matter more than whether the minimum is $1 or $5.
4. Best Apps for ETF Investing
ETF access is a major dividing line among fractional-share platforms. Some apps support both stocks and ETFs, while others restrict fractional investing to individual stocks or a narrower list.
Fractional ETF availability by platform
| Platform | Fractional ETFs Supported? | ETF Notes From Source Data |
|---|---|---|
| Fidelity | Yes | Smart Money Picks reports 7,000+ stocks and ETFs; StockBrokers.com says most NYSE/NASDAQ stocks and ETFs are eligible |
| Interactive Brokers | Yes | Offers eligible U.S., Canadian, and European stocks and ETFs; more than 10,000 fractional shares and ETFs |
| M1 Finance | Yes | Smart Money Picks reports 6,000+ stocks and ETFs and automated “pies” |
| Robinhood | Yes | Smart Money Picks says most U.S. stocks and ETFs |
| SoFi Invest | Yes | Smart Money Picks says most U.S. stocks and ETFs |
| Vanguard | Limited | NerdWallet says Vanguard offers fractional shares of Vanguard ETFs only, not stocks |
| Stash | Yes | NerdWallet says Stash offers fractional shares of individual stocks and ETFs, but charges a monthly subscription fee |
| Charles Schwab Stock Slices | No fractional ETFs mentioned | Fractional shares limited to S&P 500 stocks |
| Webull | Limited | Smart Money Picks says fractional ETF selection is limited |
Best ETF-focused options
Fidelity stands out for investors who want broad ETF access and recurring investing. Smart Money Picks reports fractional investing in 7,000+ stocks and ETFs, and StockBrokers.com notes that Fidelity’s Basket Portfolios can automate recurring investments and rebalancing.
Interactive Brokers is the broadest option in the source data by asset availability, with more than 10,000 eligible fractional stocks and ETFs across U.S., Canadian, and European markets. However, StockBrokers.com also notes that its feature density requires a significant time investment and that educational content may skip the basics for true beginners.
M1 Finance is notable for ETF investors who want portfolio automation. Its “pie” system divides contributions across a target allocation. In Smart Money Picks’ example, a $100 investment could be split across multiple stocks and ETFs automatically.
Vanguard is a narrower ETF-specific case. NerdWallet says Vanguard offers fractional shares of Vanguard ETFs only and does not offer fractional shares of stocks. That may suit investors focused specifically on Vanguard ETFs, but it is not a broad stock-slicing platform based on the provided data.
5. Best Apps for Stock Fractional Shares
For investors who want individual stock slices, platform selection matters. Some brokers offer thousands of eligible stocks, while others limit investors to S&P 500 companies.
Stock fractional-share platform comparison
| Platform | Stock Fractional Share Availability | Minimum Mentioned | Best Fit Based on Source Data |
|---|---|---|---|
| Fidelity | Thousands; Smart Money Picks reports 7,000+ stocks and ETFs | $1 | Broad selection, beginners, recurring baskets |
| Interactive Brokers | More than 10,000 eligible stocks and ETFs | Not specified | Advanced investors and global-market access |
| Charles Schwab | S&P 500 stocks only | $5 | Investors focused on large U.S. companies |
| M1 Finance | Smart Money Picks reports 6,000+ stocks and ETFs | $1 | Automated portfolio allocation |
| Robinhood | Most U.S. stocks and ETFs per Smart Money Picks | $1 | Simple active fractional buying |
| SoFi Invest | Most U.S. stocks and ETFs per Smart Money Picks | $1 | Beginner onboarding and hybrid robo/manual investing |
| Webull | Most U.S. stocks per Smart Money Picks | $1 | Technical traders who want charting tools |
| Firstrade | About 4,000 fractional stocks and ETFs | Not specified | Self-reliant investors; options-focused pricing |
| tastytrade | Thousands available, but market orders only for fractional shares | Not specified | Active traders comfortable with complex tools |
Platform highlights
Fidelity
Fidelity is highly rated in both NerdWallet and StockBrokers.com source data. NerdWallet lists $0 per trade for online U.S. stocks and ETFs and a $0 account minimum. StockBrokers.com names Fidelity its best broker for fractional shares, pointing to a carefully designed order ticket, low-cost executions, research, education, and an easy-to-use mobile app.
Fidelity also offers Basket Portfolios, which allow investors to create baskets of stocks, including fractional shares. The source data says users can automate recurring investments, rebalance, buy, or sell the full basket. Beginners can also use prebuilt models.
Interactive Brokers
Interactive Brokers offers fractional shares on eligible U.S., Canadian, and European stocks and ETFs, totaling more than 10,000 shares according to StockBrokers.com. It also provides access to 150+ markets.
Its pricing depends on the account tier. IBKR Lite offers commission-free trading of U.S. stocks and ETFs. IBKR Pro offers a fixed rate of USD 0.005 per share, with a USD 1.00 minimum per order and a cap of 1% of trade value, or a tiered rate starting at USD 0.0035 per share, with a USD 0.35 minimum and the same 1% cap.
The trade-off is complexity. StockBrokers.com notes that Interactive Brokers’ features require significant time investment and that its educational content may not be ideal for true beginners.
Charles Schwab Stock Slices
Charles Schwab’s fractional-share program, Stock Slices, allows investors to buy S&P 500 stocks in slices for as little as $5. NerdWallet notes that investors can include up to 30 fractional shares of S&P 500 companies in one transaction.
The limitation is important: Schwab Stock Slices are limited to S&P 500 companies. NerdWallet says that limitation disqualified Schwab from its broader list, but Schwab may be worth considering for investors interested only in S&P 500 companies.
M1 Finance
M1 Finance is strongest in the source data for automated portfolio building. Smart Money Picks describes its “pie” system as a way to divide an investment across multiple fractional positions based on target allocations. It also notes auto-rebalancing, $0 fees and commissions, and built-in tax-loss harvesting.
The trade-off is trading flexibility. Smart Money Picks says M1 Finance has one trading window per day and that its pie concept has a learning curve.
Robinhood
Robinhood is described by Smart Money Picks as one of the simplest fractional-share buying experiences, with a $1 minimum, $0 fees, recurring investment scheduling, real-time fractional execution, and extended-hours trading.
However, the same source flags payment for order flow concerns, limited educational resources, and a gamified interface that may encourage impulsive trading.
SoFi Invest
SoFi Active Investing appears in NerdWallet’s list with $0 per trade and a $0 account minimum. Smart Money Picks describes SoFi’s Stock Bits as beginner-friendly and highlights guided onboarding, a free robo-advisor that uses fractional shares, and financial planning tools.
The trade-offs listed are a smaller stock selection than Fidelity, no tax-loss harvesting, and limited research tools for active traders.
Webull
Webull is described by Smart Money Picks as best for technical traders because it combines fractional shares with advanced charting and technical analysis tools. It reports a $1 fractional minimum, $0 commissions, paper trading with virtual money, and extended trading hours from 4 a.m. to 8 p.m.
The trade-offs are no automated fractional-share investing, limited fractional ETF selection, and a steeper learning curve for beginners.
6. Fees, Spreads, and Hidden Costs to Watch
Many of the best-known fractional-share platforms advertise $0 stock and ETF commissions, but commission-free trading does not mean every cost or limitation disappears.
Confirmed fees and costs from the source data
| Platform | Commission / Fee Data Mentioned | Cost or Limitation to Watch |
|---|---|---|
| Fidelity | $0 online U.S. stock and ETF trades; $0 account minimum | Fractional shares may not transfer to other brokers, according to Smart Money Picks |
| Interactive Brokers IBKR Lite | $0 U.S. stock and ETF trades | IBKR Pro has per-share commissions; platform complexity |
| Interactive Brokers IBKR Pro | Fixed USD 0.005/share, USD 1.00 minimum, capped at 1%; tiered from USD 0.0035/share, USD 0.35 minimum, capped at 1% | Not the same pricing as IBKR Lite |
| Charles Schwab | $0 stock trades; $5 Stock Slices minimum | Fractional shares limited to S&P 500 stocks |
| SoFi Active Investing | $0 per trade; $0 account minimum in NerdWallet data | Limited research tools for active traders per Smart Money Picks |
| Stash | Monthly subscription fee mentioned by NerdWallet | Subscription cost not specified in source data |
| Robinhood | $0 commissions per Smart Money Picks | Payment for order flow concerns flagged by Smart Money Picks |
| tastytrade | Fractional shares: market orders only, thousands available | Market-order-only fractional trading can affect control over execution price |
| Firstrade | $0 stock trades and $0 options contract fees per StockBrokers.com | High margin rates noted by StockBrokers.com |
Hidden-cost categories to review
Order execution: StockBrokers.com specifically praises Fidelity for its order ticket and dedication to low-cost executions. Smart Money Picks also reports that Fidelity orders filled within seconds at competitive prices in its hands-on test.
Order types: Some platforms limit fractional-share order types. StockBrokers.com notes that tastytrade supports thousands of fractional shares but allows market orders only on fractional shares.
Subscription fees: NerdWallet notes that Stash supports fractional shares of individual stocks and ETFs, but charges a monthly subscription fee. The source data does not specify the amount.
Transfer limitations: Smart Money Picks says most fractional shares generally cannot be transferred between brokerages. Investors may need to sell fractional positions, transfer cash, and repurchase elsewhere, which could create a taxable event.
Tax-lot complexity: Smart Money Picks notes that many fractional positions can create more tax lots to track when selling.
Before choosing an app, look beyond the headline commission. Fractional-share investing can involve limits on transferability, order types, asset selection, automation, and taxable events.
7. Account Types: Brokerage, IRA, and Custodial Options
The provided source data is strongest on taxable brokerage features and fractional-share availability. It is more limited on IRA and custodial-account details, so investors should confirm account eligibility directly with each provider at the time of writing.
What the source data confirms
| Platform | Account-Type Details Confirmed in Source Data |
|---|---|
| J.P. Morgan Self-Directed Investing | NerdWallet lists a self-directed investing account with $0 online trades and $0 account minimum |
| Fidelity | Brokerage features, Basket Portfolios, Fidelity Go robo-advisor mentioned; account-type breadth not fully detailed in the provided data |
| Interactive Brokers | Brokerage platform with IBKR Lite and IBKR Pro; access to eligible U.S., Canadian, and European stocks and ETFs |
| SoFi Active Investing / SoFi Invest | Active investing account and free robo-advisor mentioned |
| Public | NerdWallet lists Public with $0 fees and $0 minimum |
| Firstrade | StockBrokers.com says Firstrade supports complex account types including Trusts and Business IRAs |
| Stash | NerdWallet says Stash subscription includes a banking account and a Stock-Back® Card |
| Charles Schwab | Stock Slices brokerage feature for S&P 500 companies; source data does not provide detailed IRA/custodial fractional-share rules |
| M1 Finance, Robinhood, Webull | Source data focuses on app features and fractional-share functionality, not detailed account-type coverage |
Brokerage vs. IRA vs. custodial considerations
For taxable brokerage accounts, the source data provides the clearest comparisons: minimums, commissions, fractional availability, and recurring investment tools.
For IRAs and custodial accounts, the provided data does not fully document which platforms support fractional shares inside each account type. Investors should verify:
- IRA eligibility: Whether fractional shares and recurring buys work in traditional, Roth, or other IRA types.
- Custodial support: Whether a custodial account is available and whether fractional shares are supported inside it.
- Automation rules: Whether recurring buys work in every account type or only taxable brokerage accounts.
- Transfer rules: Whether fractional positions must be liquidated before moving the account.
This is especially important for families, retirement savers, and investors who plan to use tax-advantaged accounts rather than standard taxable brokerage accounts.
8. Automation Features That Actually Matter
Automation is one of the biggest differentiators among fractional-share apps. But not all automation is equally useful.
Key automation features to compare
| Feature | Why It Matters | Platforms Mentioned in Source Data |
|---|---|---|
| Recurring investments | Lets investors schedule purchases automatically | Fidelity, Robinhood, SoFi, M1 Finance |
| Basket investing | Allows multiple holdings to be bought, sold, or rebalanced together | Fidelity Basket Portfolios |
| Auto-rebalancing | Helps maintain target allocations over time | M1 Finance |
| Robo-advisor integration | Automates portfolio construction and management | Fidelity Go, SoFi robo-advisor |
| Dividend reinvestment | Reinvests dividends into additional shares | Most platforms offer automatic reinvestment per Smart Money Picks, but investors should confirm |
| Paper trading | Lets users practice before using real money | Webull; Interactive Brokers does not currently allow paper trading of fractional shares per StockBrokers.com |
Best automation-focused platforms
Fidelity is strong for investors who want both control and automation. Basket Portfolios let investors set up a collection of stocks, including fractional shares, then automate recurring investments or rebalance the basket. StockBrokers.com also notes prebuilt models for beginners.
M1 Finance is best suited to target-allocation investing. Its “pies” allocate deposits across selected holdings automatically and support auto-rebalancing, according to Smart Money Picks.
Robinhood supports recurring investment scheduling and keeps the fractional-buying process simple. That may appeal to investors who want a low-friction way to buy a set dollar amount regularly.
SoFi Invest combines manual trading with a robo-advisor option. Smart Money Picks describes this as useful for beginners who may want to start passively and later try selecting fractional shares manually.
Webull is less automation-focused based on the source data. Smart Money Picks says it does not offer automated fractional-share investing, but it does offer paper trading and advanced charting.
9. How to Choose an App Based on Investing Style
The best fractional-share platform depends on how you invest. A beginner buying $25 per week has different needs than an advanced trader using global markets or a long-term ETF investor automating a target portfolio.
Best by investing style
| Investing Style | Best-Fit Platforms From Source Data | Why |
|---|---|---|
| Beginner with small dollar amounts | SoFi Invest, Fidelity, Robinhood | Low minimums, $0 trades, beginner-friendly features |
| Automated portfolio builder | M1 Finance, Fidelity | M1 pies and auto-rebalancing; Fidelity Basket Portfolios |
| ETF-focused investor | Fidelity, Interactive Brokers, M1 Finance, Vanguard | Broad ETF support at Fidelity/IBKR/M1; Vanguard ETFs only at Vanguard |
| Individual stock investor | Fidelity, Interactive Brokers, Charles Schwab, Robinhood | Broad access at Fidelity/IBKR; Schwab for S&P 500 slices; Robinhood for simple dollar-based buys |
| Advanced trader | Interactive Brokers, Webull, tastytrade | Advanced tools, broader markets, charting, or active-trading features |
| S&P 500-focused investor | Charles Schwab Stock Slices | S&P 500 slices, $5 minimum, up to 30 slices in one transaction |
| Investor wanting extra banking/rewards features | Stash | Fractional stocks and ETFs plus banking account and Stock-Back® Card, but monthly subscription fee |
A practical decision checklist
Use this checklist before opening an account:
- Minimum investment: Do you need a $1 minimum, or is $5 acceptable?
- Asset access: Do you want stocks only, ETFs, or both?
- Automation: Do you need recurring buys, baskets, auto-rebalancing, or a robo-advisor?
- Order control: Are fractional trades limited to market orders?
- Account type: Will you invest through a taxable brokerage account, IRA, or custodial account?
- Transfer plans: Could you need to move assets to another broker later?
- Education and research: Do you want beginner guidance, advanced charting, or professional-grade tools?
- Costs beyond commissions: Are there subscription fees, margin costs, or execution trade-offs?
For most investors searching for investment apps fractional shares, the best choice is usually the one that matches both the account size and the behavior you want to encourage. A highly advanced platform can be a poor fit for a beginner if it creates friction, while a simple app may be too limited for investors who need broader asset access or advanced tools.
Bottom Line
Fractional shares make it possible to invest by dollar amount, diversify with smaller balances, and automate recurring buys. In the provided research, Fidelity stands out for broad fractional-share access, $0 online U.S. stock and ETF trades, $1 fractional purchases, education, and Basket Portfolios. Interactive Brokers offers the broadest fractional availability in the source data, with more than 10,000 eligible stocks and ETFs, but is better suited to experienced investors.
M1 Finance is strong for automated portfolio building, Robinhood for simple dollar-based fractional buying, SoFi Invest for beginner onboarding, Charles Schwab Stock Slices for S&P 500 stock slices, and Webull for technical traders. Investors should pay close attention to limitations around ETF access, recurring buys, order types, transferability, subscription fees, and account-type support.
FAQ
What are fractional shares?
Fractional shares are portions of a full share of stock or ETF. Instead of buying one full share, investors can buy a dollar amount and own a proportional slice. For example, if a stock costs $100, a $10 investment would buy 0.10 shares, before fees or other adjustments.
Which investment apps offer fractional shares with low minimums?
The source data identifies several low-minimum platforms. Fidelity, M1 Finance, Robinhood, SoFi Invest, and Webull are listed with $1 fractional minimums in Smart Money Picks. Charles Schwab Stock Slices has a $5 minimum and is limited to S&P 500 stocks.
Can I buy fractional ETFs?
Yes, but availability depends on the platform. The source data says Fidelity, Interactive Brokers, M1 Finance, Robinhood, and SoFi Invest support fractional ETFs. Vanguard offers fractional shares of Vanguard ETFs only. Charles Schwab Stock Slices is limited to S&P 500 stocks, not ETFs, based on the provided data.
Do fractional shares pay dividends?
Yes. Smart Money Picks states that fractional shareholders receive proportional dividends. If you own 0.5 shares and the dividend is $1.00 per share, you receive $0.50. Many platforms offer automatic dividend reinvestment, but investors should confirm current settings with the provider.
Can I transfer fractional shares to another broker?
Often, no. Smart Money Picks notes that most fractional shares generally cannot be transferred between brokerages. Investors may need to sell fractional shares, transfer cash, and repurchase at the new broker, which could trigger taxes in a taxable account.
Are commission-free fractional-share apps really free?
Not always in every sense. Many platforms in the source data offer $0 stock and ETF commissions, but investors should still review subscription fees, order-type restrictions, execution quality, margin rates, transfer limitations, and tax-lot complexity. Stash, for example, is noted by NerdWallet as charging a monthly subscription fee, though the provided source data does not specify the amount.
