Earn $75 Bonus: Set Up Spend Direct Deposit
Acorns offers a micro investing app that helps people save and invest for their future. Over 3 million Americans use Acorns to help set aside a little from their everyday purchases. acorns investing
Acorn’s mission is to look after the financial interests of the up-and-coming, beginning with the empowering step of micro-investing.
Take control with all-in-one investment, retirement, checking and more.
- Invest spare change automatically, set aside money from each paycheck, earn more, and get money tips on the go
- Access smart portfolios designed by experts, that adjust automatically as you and your money grow
- Backed by leading investors and innovators, from Blackrock to CNBC, and chosen by more than 9.5 million people
You can receive a $75 bonus when set up a Spend account.
Acorns has modernized the old-school practice of saving loose change, merging the robo-advisor model with an automated savings tool. Acorns works by rounding up your purchases on linked credit or debit cards, and then sweeping the change into a computer-managed investment portfolio. That approach is certainly a useful tool to save more.
Acorns offers three levels of membership:
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Lite: $1 a month. Includes a taxable investment account.
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Personal: $3 a month. Adds on an individual retirement account and a checking account.
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Family: $5 a month. Includes everything in the lower tiers, plus Acorns Early, which lets you open investment accounts for kids.
(Note for existing Acorns users: If you joined before May 20, 2020, you may still be on their previous pricing structure. The main difference is that there is no longer a $2-a-month tier offering just a taxable investment account and an IRA. If that’s the tier you already are on, you can stay there. Or you could move to the $3-a-month tier and get a checking account as well.)
Acorns is best for: acorns investing
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Hands-off investors.
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People who struggle to save.
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Custodial accounts for kids.
The Acorns Spend account is an online checking account and debit card (not just any plastic card, though — this one is made of tungsten, a heavy metal). Acorns Spend offers real-time roundups to your investment account, mobile check deposits and free ATMs (or reimbursed ATM fees). It requires no minimum balance and is available on the Personal and Family plans only.
Acorns Earn: The only thing better than building an investment portfolio out of a bunch of spare change is building an investment portfolio out of someone else’s money. Acorns Earn essentially lets you do that: It’s cash back for your investment account.
Acorns has partnered with nearly 10,000 companies — including Airbnb, Warby Parker, Walmart, Nike and Sephora — to give you cash back when you use a linked payment method at one of the partners. In most cases, you get the cash back automatically, without an additional step. You simply use a card linked to an active Acorns account to make the purchase, and the rewards will usually land in your account in 60 to 120 days. According to Acorns, customers are now earning between $5 and $25 a month in bonus investments from everyday purchases.
