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
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.
They use to be great now it takes customer support to get back to you almost a week. They can't get the td bank linking under control and don't tell you when it's a known issue and they are working on it.......was down for almost a month last time......and yes we know you don't control td bank, but you could get and quicker fix or notify us of the issue via the app or email
Acorns is a great, autopilot option to get into the process of investment, which can be daunting for the uninitiated (like me). The mobile app gives about the same amount of functionality as the website, allowing you to review your account's growth, make a deposit or withdraw, and even alter your investment portfolio on the fly. The only thing I dislike is the tendency for the app to drop my password. It's complicated for security purposes and it's inconvenient to have to open up my password vault to re-enter it every other week or so..
Been using for over a year. Great way to save money and watch it build. Its both inconvient and a blessing that it takes up to a week to have funds posted that you'd like to withdraw. Maybe they can offer a debit or secured visa/MasterCard in the future if customers need faster access to their money.
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.