I've had this for a few months now and I am very impressed with the app in terms of function, user interface ect. It does make savings a bit easier. However, I noticed that no matter what portfolio option I choose I seem to be losing $. The only thing that changes between portfolios is the pace at which you're losing. Now add the $1 dollar/mo. serv fee and you're always in the hole. (Note: that is a very competative fee.) Now after reading reviews I am concerned about my ability to close the account.
Love the app. It helps me save money and has a much better rate of return than a savings account. Loses a star though because the graph of my account status is off, the last $200 I invested shows up on the history page but not on the main chart
Great app for those starting out without a whole lot to invest. The only downsides are I wish at some point they gave me the option to choose my stock. Also I wish there were a way to see how much stock you own in an individual company instead of just seeing an overview of your overall profolio.
Love the app but I've been waiting for just shy of a month for referral bonuses and found money. Customer support is slow to respond and so far hasn't resolved the issues. That being said the functionality of this app is great. It's a good way to save money and your money works for you rather than just sitting in a savings account.
Unless you want to invest a hundred dollars right off the bat, do not install this. It will begin taking money out of your account and you can't stop it unless you finish their start up of investing 100+ dollars. Complete garbage, hasn't helped at all.
I had $13 and withdrew $12 to see how complicated it would be and how long it would take to get my money; long story short, they made two 5¢ deposits to my bank and emptied my acorns account. It's going on a week and they haven't returned any of my emails concerning this issue, and I still haven't seen my money. I know it's not allot of money, but it's my money and 10¢ for $13 is ridiculous. Hopefully they fix this mistake so I can change my rating, until then, don't invest more than you want to give away.
Thanks for using Acorns! Just like small investments in your Acorns account can add up to something big, small improvements can make the Acorns app even better over time.
This update includes:
-The ability to see the status of your pending investments and withdrawals
-A more complete view of your activity in the History screen
And we included several minor fixes and enhancements to help make Acorns even faster and easier to use.