About Company

Acorns is the first finance management platform in the world to provide micro-investing to its users for future benefits and profits. It enables customers to use its unique financial engine to round up spare cash from daily purchases and put it in a professionally run portfolio of index funds. With Acorns, you can invest spare cash, bank more wisely, and save for retirement, among other things. You can get investment accounts for you and your family, as well as retirement, checking, and methods to make more money, in under 5 minutes. The platform offers a Round-Ups feature that allows you to invest spare change, a portion of each paycheck, earn more, and receive money advice on the fly. Users can get access to expert-designed smart portfolios that adapt automatically as they and their money grow. For additional protection, it offers bank-level security, two-factor authentication and 256-bit encryption. Additionally, with smart deposit and no extra charges

Pricing of Acorns

Lite

USD 1

/Month

USD 0

  • Invest Put your spare change to work with Round-Ups Earn bonus investments from our 350+ Found Money partners Grow your knowledge with hundreds of articles from financial experts
  • Put your spare change to work with Round-Ups
  • Earn bonus investments from our 350+ Found Money partners
  • Grow your knowledge with hundreds of articles from financial experts
  • Invest Put your spare change to work with Round-Ups Earn bonus investments from our 350+ Found Money partners Grow your knowledge with hundreds of ar

Personal

USD 3

/Month

USD 0

  • Invest
  • Later The easiest way to save for retirement Earn tax advantages Updated regularly to match your goals
  • The easiest way to save for retirement
  • Earn tax advantages
  • Updated regularly to match your goals
  • Spend Save money with no account fees and 55
  • 000+ fee-free ATMs nationwide and around the world Earn more with up to 10% bonus investments Invest automatically with built-in investment and retirement accounts
  • Save money with no account fees and 55
  • 000+ fee-free ATMs nationwide and around the

Family

USD 5

/Month

USD 0

  • Family
  • Later
  • Spend
  • Early Open in under 3 minutes Multiple kids at no added cost Automatic Recurring Investments Exclusive bonus investments Family financial advice Potential tax savings while they grow Flexibility with the funds
  • Open in under 3 minutes
  • Multiple kids at no added cost
  • Automatic Recurring Investments
  • Exclusive bonus investments
  • Family financial advice
  • Potential tax savings while they grow
  • Flexibility with the funds
  • Family
  • Later
  • Spend
  • Early Open in under 3 minutes Multiple kids at n

Key Features of Acorns

Specification

Deployment:

Cloud Hosted

Customer Support:

Online (Ticket)

Customization:

No

Languages Support:

English

Who uses Acorns

Personal
Personal
SMEs
SMEs
Enterprises
Enterprises

Company Details

  • Company Name: Acorns
  • Headquarter: Irvine, California United States
  • Website: Visit Website
  • Social Media:

Description

Acorns Video

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Acorns Screenshots

User Reviews Review Write a Review

quote
Bottom tier customer service and slow issue resolution

I've filed a complaint with the BBB but I'm also warning users on TrustPilot. I participated in the refer 3 people, get $600 promotion and signed up 4 referrals, 3 of which completed the terms of the agreement. However, Acorns is claiming only 2 have completed the terms, but the last person they're saying didn't complete was my mother (who lives with me) who I personally helped through the sign up process and know for a fact her account is verified, funded and her funds actively invested. On my end, she shows as "Pending" while on her end her account looks normal and active. We have both contacted support on our accounts via chat only to be ultimately told to have the other party contact support (the run around). This run around game lasted for at least 3 attempts by both of us before we both gave up and I contacted support by email. Email support has been equally inept only providing pre-written responses outlining the terms of the agreement which isn't useful since I already know the terms and my point is the terms have been upheld but the account status is showing incorrect on my end. I've emailed them screenshots of both accounts as proof only to receive the same blanket / generic statements from support in response. After my last attempt to reason with support and have them take a closer look I decided to take the issue to the BBB to both warn other consumers and hopefully light a fire under someone who can resolve this issue in a competent and timely manner.

DF
- Daniel Frankenstein
Reviewed at 22/02/2022
Source: trustpilot.com
quote
You will lose out on money if your not very diligent

I started using Acorns to help me invest. However, overall feel like I was robbed because I actually was losing money. I had chosen to do the round-up option where Acorn rounds up all of my transactions to the nearest dollar to invest. It sounds great except, every single time I checked the app my accounts always needed to be reconnected. Which I did, but somehow it would always disconnect after I close the app which meant I was spending $1 a month for no reason. Which for me personally may not be a lot, but if this company is doing this to millions of people, the company is scamming us all out of money for profit. Then when Acorns decided to get even greedier and up the subscription up to $3. I decided to close my account. Or so I thought. It closed my "investing account" which I assumed was just my account, because you know Acorns is meant to invest your money, but nope. It is separate and they got a few more months before I noticed- Which again may not be a lot for me personally, but again I am sure this is happening to others. Now you may say that this is all my fault for not paying attention. However for reference Navient (a student loan company) just settled a suit against them claiming they made it difficult for people to pay back their loans. Though this is a much smaller scale it's the same idea of a company making it difficult to cancel a subscription to continue making money.

MW
- Mandi Wilkinson
Reviewed at 21/02/2022
Source: trustpilot.com
quote
Thieves

Do not use this so called investment company. You will lose money guaranteed. They will take any dividends you might gain for themselves and leave you in the hole. Not to mention after canceling my subscription they still took out money from my bank account without permission.

CH
- Chad Hankins
Reviewed at 21/02/2022
Source: trustpilot.com
quote
Great way to earn passive income

Great way to earn passive income

JG
- Jess Geyerman
Reviewed at 13/02/2022
Source: trustpilot.com
quote
Great way to put your change back for…

Great way to put your change back for your future and only cost a little bit and you can choose how much you want to pay in every week! Great app!

BP
- Brandi Pressley
Reviewed at 30/01/2022
Source: trustpilot.com

FAQ's

Acorns has 3 plans,

  • Lite USD 1 /Month
  • Personal USD 3 /Month
  • Family USD 5 /Month

Acorns provides Online (Ticket) support.

Acorns is not allowing Free Trial.