Cancel Fundrise
Fundrise is an online real estate investment platform that allows users to invest in commercial real estate properties. The company aims to make real estate investing more accessible to a wider range of investors by offering lower investment minimums and lower fees than traditional real estate investment options. Fundrise uses crowdfunding to pool investor funds together and invest in a diverse range of real estate assets, such as apartment buildings, office buildings, and retail spaces. The platform also provides users with real-time updates and performance metrics to track their investments' progress.
Fundrise's refund policy allows investors to request a full refund of their investment within 90 days of their initial investment. This policy gives users the flexibility to try out the platform and make sure it's the right investment option for them without the risk of losing their entire investment. If a user decides to request a refund, Fundrise will redeem their investment and return the funds to the original payment method within 5-7 business days of the refund request.
After the 90-day period, investors can still request to withdraw their investment, but Fundrise may charge a withdrawal fee depending on the investment's type and duration. For example, investors who hold a Fundrise eREIT investment for less than five years will be charged a 2% withdrawal fee. However, Fundrise aims to make the investment withdrawal process as transparent as possible, and users can view the specific withdrawal fees and redemption periods for each investment on the platform.
Overall, Fundrise's refund policy gives users the peace of mind to try out the platform without the risk of losing their investment. The company also aims to provide a transparent and accessible real estate investment experience for a wider range of investors.
Fundrise Refund Policy
Fundrise's refund policy allows investors to request a full refund of their investment within 90 days of their initial investment. This policy gives users the flexibility to try out the platform and make sure it's the right investment option for them without the risk of losing their entire investment. If a user decides to request a refund, Fundrise will redeem their investment and return the funds to the original payment method within 5-7 business days of the refund request.
After the 90-day period, investors can still request to withdraw their investment, but Fundrise may charge a withdrawal fee depending on the investment's type and duration. For example, investors who hold a Fundrise eREIT investment for less than five years will be charged a 2% withdrawal fee. However, Fundrise aims to make the investment withdrawal process as transparent as possible, and users can view the specific withdrawal fees and redemption periods for each investment on the platform.
In addition to withdrawal fees, Fundrise may also impose liquidity restrictions on certain investments. This means that investors may not be able to withdraw their funds immediately and may need to wait until a certain period has passed or until the investment has been sold to another investor. These restrictions are put in place to ensure the stability of the investment and to prevent sudden withdrawals from affecting other investors' returns.
Overall, Fundrise's refund policy aims to provide investors with flexibility and transparency while also ensuring the stability of the platform's investments. The company's commitment to transparency means that users can easily access information about withdrawal fees and redemption periods, allowing them to make informed investment decisions.
Fundrise doesn't make it easy to get a refund. Many users get lost in support web pages, not sure what to do and where to click. If you find the Fundrise's website overwhelming and not user-friendly, you can turn to Chargeback for help to get your money back. It’s easy—you start by creating a profile in our app.
After getting a profile, you’re just a few simple steps away from securing that refund:
- Log in and hit Refund Instantly
- Choose the charges you'd like to get Fundrise Refund for
- Provide your first and last name
- Open our templated email
- Press send
How Long do Fundrise Refunds Take?
If an investor requests a refund within the 90-day period from their initial investment, Fundrise will redeem their investment and return the funds to the original payment method within 5-7 business days of the refund request. However, if an investor requests a withdrawal after the 90-day period, the timeline for receiving the refund may vary depending on the investment type and duration.
For example, investors who hold a Fundrise eREIT investment for less than five years will be charged a 2% withdrawal fee, and their funds will be returned within 60 days of the redemption request. If an investor holds a Fundrise eREIT investment for more than five years, there will be no withdrawal fee, and the redemption period will be reduced to 30 days.
For investments in Fundrise's Growth eREIT and Income eREIT, the redemption period is generally 60 days, and the withdrawal fee varies depending on the investment's duration. For example, investors who hold an investment in these eREITs for less than three years will be charged a 3% withdrawal fee, while those who hold an investment for more than three years will be charged a 2% withdrawal fee.
Overall, the timeline for receiving a Fundrise refund depends on the specific investment type and duration, as well as the presence of any withdrawal fees or liquidity restrictions. However, Fundrise aims to make the redemption process as transparent and efficient as possible to provide investors with a hassle-free experience.
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Chargeback Can Help With More Than Fundrise Refunds!
If you need help with refunds and subscription cancellations on other gaming platforms, Chargeback is the way to go. We can help if you need to get a Netflix Refund or Hulu Refund or Grammarly Refund.
By getting a Chargeback account on your iOS device, you can get easy and reliable help in a matter of minutes. Check out some other examples of how Chargeback can help you deal with various personal finance issues:
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¹ Total savings is calculated based on internal annualized estimates of savings for customers.
² Average requests times may vary depending on volume of requests