Acorns: Invest For Your Future

Acorns

About this app

Acorns helps you save, invest, and grow for your future. Our automated saving, investing, and spending tools help you grow your money and your financial wellness.

At Acorns, we believe that financial wellness is for everybody. It has nothing to do with how much you make — it’s about finding balance with what you have. Financial wellness is when you are spending smarter today, saving for tomorrow, and investing for your future all at once.

More than 13,000,000 Americans have invested over $22,000,000,000 with Acorns. You can get started in under 5 minutes, with as little as your spare change.

SECURE: Acorns is committed to your security with 2-factor authentication, fraud protection, 256-bit data encryption, and all-digital card lock. Acorns Investment accounts are SIPC-protected up to $500,000, and Acorns checking accounts are FDIC-insured up to $250,000.

WHAT’S IN THE APP:

INVEST:

- EASY, AUTOMATED INVESTING
Your money is automatically invested into one of our diversified, ETF* portfolios, built by experts and recommended for you. You can invest spare change each time you make a purchase with Round-Ups®, or set up automated recurring investments starting as low as $5.

- PERSONALIZE YOUR PORTFOLIO
Personalize your investments with a Custom Portfolio, allowing you to add individual stocks from the largest 100+ public US companies.

- INVEST FOR RETIREMENT
Save for the future with an Acorns Later retirement account, and get a 3% IRA match on new contributions with the Acorns Gold plan.

- INVEST FOR YOUR KIDS
Start building your kids’ futures with Acorns Early, a dedicated investment account for your kids. Plus, we’ll match your investments by 1%!

SAVE:

- EMERGENCY FUND
Build savings for life’s unexpected hiccups, including a 4.52% APY** to help your money grow.

- CHECKING WITH APY
Earn 3.00% on your checking account with the Mighty Oak debit card.

AND MORE:

- KIDS & TEEN DEBIT CARD
Teach your kids financial wellness with a GoHenry debit card, included in the Acorns Gold plan.

- EARN BONUS INVESTMENTS
Shop 15,000+ brands and receive bonus investments and exclusive deals from your favorite brands. Plus, earn limited-time referral bonuses of up to $1,200.

- GROW YOUR MONEY KNOWLEDGE
Access custom articles, videos, courses, and live Q&As to learn about investment and savings strategies.


SUBSCRIPTION PLANS

Whether you’re new to investing or planning for your family’s future, we bundle our money tools into subscription plans. No hidden costs or transaction fees — just one, transparent monthly payment to start growing your oak.

Acorns Bronze ($3/mo)
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Investing tools to get you started on your financial journey, including:

- Round-Ups®
- Expert-built diversified portfolio
- Retirement account
- Checking account, and more

Acorns Silver ($6/mo)
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Level up your saving and investing skills, including:

- Everything in Acorns Bronze
- 1% IRA match on new contributions to your Acorns Later retirement account
- Emergency fund
- Courses and videos to help you grow your money knowledge
- Live Q&As with investing experts

Acorns Gold ($12/mo)
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Full suite of saving, investing, and learning tools for you and your family, including:

- Everything in Acorns Silver
- 3% IRA match on new contributions to your Acorns Later retirement account
- Investment accounts for your kids with a 1% match
- GoHenry debit card and learning app for kids
- Ability to add individual stocks to your portfolio
- $10,000 life insurance policy
- Complimentary Will, and more

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Finance Terms Definitions:

*ETF (Exchange-Traded Fund) = collection of investments, made up of pieces of various stocks, bonds, or other assets.

**APY (Annual Percentage Yield) = tells you the amount of interest you can earn from the money you have in a bank account in a year.

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Disclosures are available in the images above and at www.acorns.com/disclosures

5300 California Ave Irvine CA 92617

Ratings and reviews

The round ups are really inconsistent. I linked my account and activated round ups and the weekly investment but the only consistent debit was the investment. When I checked on the app it showed it hadn't updated activity in 5 months. I keep having to unlink and relink my account for the round ups to activate. If this continues I'll just go back to a normal savings since this isn't really worth it otherwise. It's supposed to be an automatic thing I shouldn't have to constantly check.

I love the idea this app is based on, but the execution is poor. The app is somewhat difficult to navigate, links don't work, and funds take FOREVER to transfer. The transfer time takes about 5 business days or longer, and the "emergency fund" account (aka savings) can only be funded by the Acorns checking account. While they've tried to market the Gold plan as a sort of banking alternative, it's really not. Lack of banking features means it cannot compete with typical banks.

Update: They made it even easier with a separate "invest" tab that goes directly to the graph I would expect. I haven't tested but imagine it is still able to integrate to platforms that help monitor your overall account. So this is completely suggestable for people trying to get started working on their financial status. I closed my account at one juncture, and the graphing /yield still shows that old account prior to the current one, but other than that I like what I'm seeing vs my old review.

What's new

Starting now, all Acorns Gold subscribers automatically get a 1% match when you invest for your kids. We hope this helps them grow from tiny acorns to mighty oaks!