Acorns: Invest Spare Change
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Investing. Earning. Growing.

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Category
Finance & Productivity
Current version
3.6.0
Price
Free
Size
153 MB
Last Update
Aug 13, 2019

User Reviews

Reviews 453 494 Avg. Rating 4.7
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User reviews affect conversion to installs and app rating. Featured and helpful reviews are the first to be noticed by users and in case of no response can affect download rate. This is why it is highly recommended to reply to them.

luisjr87
Dec 09, 2017

Acorns has since solved my problem, turns out they were simply experiencing a serious backlog to new accounts looking forward to the weeks ahead to see how much I can round up on my card transactions. —— old review below—- Like everyone I was very excited to start rounding up sadly I never had the opportunity to experience any of the feature sets Acorns has to offer. The account setup was pretty easy and enjoyable although finding out after signing my certificate that it still would take 1 - 3 business days to verify my account was a bit disappointing but I get it. Here is where Acorns fell short, till this day 5 days later it still says I need to wait 1 - 3 business days for my account to be setup, uh hello it’s been 5 days! Like any American on day 3 I picked up the phone and called support, I was on the phone for about an hour before I got disconnected due to interruptions in service. I also tried email support but have heard nothing, no confirmation to my email over my support ticket nothing, maybe somethings up with my email but at this point I would prefer to speak with a human being and I think any service offering to make transactions from your bank account should support quick and easy customer service. I am open to changing my review if I ever get any support to rectify this rogue issue.

Yesdnyl99
Jun 21, 2019

I never saw a benefit to using Acorns except using it as a savings accounts. I like companies that can figure out a unique way for people to save money. Acorns rounds up your purchases and takes the spare change but you’ll see it gone in one big chunk rather than rounding up your purchases and taking the change each purchase. It messes with your mind because it can make you feel like you’re deducting more than you want but on the other hand, it’s like Digit in that it takes chunks for you without having to do it yourself. Withdrawing for “free” doesn’t happen. There’s a 10% charge to withdraw “early”, whatever early is. I never saw my money increase because of stocks or investments and I honestly don’t recall ever a suggestion as to where to invest to make money. If you withdraw, then they say they have to sell your shares but guess what, you’re not making money off those shares they put your money into. We can only assume they make that money and that’s why this program is free. They did suggest companies to buy from to make a percentage to add to Acorns though. I was hoping I’d see an increase in which I’d make extra money and could withdraw and start over. There’s not really a good explanation on how except that they take extra change. So in the end, it’s a savings account but with a charge to withdraw. I’m just waiting to close my account instead.

navbotas
Jan 06, 2018

When I first heard of Acorns and the idea of an electronic piggy bank that invest your spare change from purchases I thought “what a great and cool idea.” So after awhile i decided to give it a try. I like that all my banking accounts are linkable and you dont have to do anything after they are linked. What I didn’t and don’t like is when I first put my credit card info in, the app pulled all my accounts for the option to link. I would have rather done that manually. Another thing I don’t like is, my credit card that I first put in, is the account that all the spare change comes from even when several accounts are liked. I would rather have the spare change come from the individual accounts that are linked. The last thing I don’t like is when you transfer money between your accounts like I do each transfer also invests $1.00. I hope that makes sense to you and helps on deciding to start collecting your acorns and invest them. Update: A developer has since responded to my review. The transfer of funds between your accounts that invest a whole dollar can be adjusted. Although this feature can be adjusted and has after the fact, I dont recall it being mentioned while setting up an account. Don’t get me wrong I am still using this savings/investment app.

TheBodFather20
Jun 06, 2018

I got invited by a friend to join acorns as they have a “you get 5 and they get 5 dollars” to invest promotion and so I followed the link to join. Never received the promotional money. I emailed them and a guy named “Alan” replied and said that I was not going to get it. And then sarcastically sent the promotion to me again which is just absolutely inappropriate. I’m not an idiot and I followed the steps correctly with the promotion but didn’t receive it. Clearly, this is a way to get people to join and you have to invest in order to receive it which I did! Absolute frauds. Everyone join the app “Stash” as I did the exact same promotion and received the money promotion. Better customer service as well as they did not have someone like Alan be inappropriate Update/FYI: I recently looked further into the reviews and I’m not the only one who has called out this fraudulent investment app. Scroll and see for yourself as others have had the same problem as me. Not to mention several other problems such as awful feedback and having to wait up 4-6 days to get withdrawal back... I have since proceeded to withdraw my investment and it’s going to take a while 😂. Also acorns has plummeted from being ranked #10 to now #12 and will continue to do so. If you are a beginning investor JOIN STASH!!! They have awesome customer service, legit promotions, and legit want you to succeed as they have this “coach” that helps guide you into your investments. Check it out for yourself!

JesseDudeGuy
Mar 26, 2019

What a scam. I like the developers responses to anyone writing a review about negative returns. “O the market is going down right now” No it’s not! The market flex’s well acorns steals! A dollar a month to take our money?! I linked my credit card and after months of just losing money I decided to transfer what was left into my bank account. 3-6 days (more like almost two weeks) by the way Robinhood is instant... they front you the money and you choose what you invest in, you pick your stocks... not some blind shoot that you always loose. Also it is free. Fidelity doesn’t even take that long. You can take our money instantly but it’s weeks to get back?!?! But I digress from the real scam they pulled on me... after getting the account info (Acorns needed to transfer my money too) within days chunks of money started disappearing from that account!!! I went in and without asking they just started taking “roundups” from my bank account!!! I had to manually shut it off... but wait it gets worse!!!! My wife starting noticing money missing from her accounts... without my permission acorns just started taking money from all our linked accounts (four) I had to unlink all those accounts and then somehow they just turned my credit card back on themselves!!! This is a sneaky scam! People just invest your own money yourself in the market no reason to make these people rich with our money!!!!

Description
4153   chars

Join over 5 million people and start investing your spare change with Acorns! Sign up in under 5 minutes and grow from there with a full financial wellness system at your fingertips. Supported by leading investors, innovators and press like BlackRock, PayPal, Ashton Kutcher and CNBC.

CNBC recommends Acorns as a “simple, low-stress way to start investing.” (1)

Simple transparent pricing starting at just $1/month.

Invest for your future
• We automatically invest your spare change from everyday purchases with Round-Ups!
• Add as little as $5/day, week or

month with a Recurring Investment!
• Make a One-Time Investment or withdraw for free when you need it.
• Invest in a diversified smart portfolio including thousands of stocks and bonds, built by experts and recommended for you!
• Add an Acorns Later retirement account for just $1 more per month!

“Acorns takes saving to the next level by helping you automatically invest.” -Forbes(2)

Spend smarter
• Upgrade to Acorns Spend, the only checking account with a debit card that saves and invests for you! Just $3 per month.
• Tungsten metal debit card in signature Acorns green.
• No low-balance or overdraft fees and free or fee-reimbursed ATMs nationwide!
• Earn Local Found Money — up to 10% from select local restaurants and businesses!
• All-digital banking, from direct deposit to instant card-lock.

“You think you need thousands of dollars to invest...not the case anymore because there’s an app called Acorns.” -Good Morning America(3)

Earn Found Money
• 300+ top brands that invest in you when you shop!
• Earn even more from side gigs with Airbnb, Uber, Lyft and more!

“Acorns is my favorite money app, because it makes it simple and cheap to make small investments.” -Business Insider(4)

Grow your knowledge
Original money how-tos, news and interviews with advice from Tony Robbins, Kevin Durant and more!

“Acorns. This is a fabulous app.” -The Today Show(5)

Security
• Your data is protected with 256-bit encryption and never stored on your devices.
• Acorns Securities, LLC is a member of the Securities Investor Protection Corporation (SIPC). Your investments are protected up to $500,000.
• Acorns Spend is an FDIC-insured checking account all the way to $250,000, plus fraud protection and instant, all-digital card lock.
• Continuous fraud monitoring.

“Acorns is quickly turning into an oak tree in the financial services space.” -TechCrunch(6)

Pricing
Acorns offers simple, subscription pricing at three tiers for $1, $2 or $3 per month until you have $1 million invested with us.

“With the help of Acorns, investing is now made for everyone.” -Forbes(7)

Sources
1.https://cnb.cx/2s4QPmf
2. https://bit.ly/2At32Gh
3. https://abcn.ws/2VoOX5y
4. https://read.bi/2VoP94M
5. https://on.today.com/2lga5JZ
6. https://tcrn.ch/2tjLCGb
7. https://bit.ly/2R2U9gX

Investing involves risk including loss of principal. Image is for illustrative purposes only and shows hypothetical account balance growth of an account and does not represent an actual or typical client experience. For important disclosure regarding this graph, please carefully review the information found on the in-app 'potential' screen.

This app is operated by Acorns Advisers, LLC, an SEC Registered Investment Advisor. Brokerage services are provided to clients of Acorns by Acorns Securities, an SEC registered broker-dealer and member FINRA/SIPC. Investments are not FDIC insured and may lose value. Investing involves risk and investments may lose value, including the loss of principal. Please consider your objectives and Acorns fees before investing. Past performance does not guarantee future results. "Acorns", the Acorns logo and "Invest the Change" are registered trademarks of Acorns Grow Incorporated. Copyright © 2019 Acorns and/or its affiliates.

Information about FINRA is available at www.finra.org. Explanatory brochures about SIPC protection are available upon request or at www.sipc.org.