How does Acorns work?
Acorns offers two different subscription tiers for your life’s financial needs.
Acorns Personal - $3/month
Your personal financial wellness system, with all-in-one investment, retirement, and checking, a heavy metal debit card, bonus investments, education, and more!
Acorns Family - $5/month
Investment accounts for unlimited kids per family! Plus personal investment, retirement, and checking accounts, bonus investments, education, and more!
What are the different accounts in the tiers?
Invest automatically invests your spare change (if you opt-in) and lets you invest as little as $5 any time or on a recurring basis into a portfolio of ETFs. Depending on your portfolio, your investments can be diversified across more than 7,000 stocks and bonds, and Acorns automatically rebalances your portfolio to stay in its target allocation.
Later, the retirement account, lets you automatically save for retirement by setting easy Recurring Contributions. When you sign-up, the app recommends an IRA account for you based on your goals, employment and income.
With Acorns Checking, our checking account and debit card, you can save, invest and earn while you spend. Acorns Checking has no overdraft or minimum balance fees, plus free Allpoint ATM access nationwide.
Round-Ups® and Investing
With Round-Ups®, we round up any purchase made from a linked account, debit or credit card to the next dollar. We invest Round-Ups® in your Acorns Invest account when they add up to at least $5 from all linked accounts. You can find and manage your Round-Ups® within your Invest account.
Round-Ups® will always be transferred from your primary checking account.
Recurring Investments allow you to invest as little as $5 per day, week or month into your Acorns accounts.
And you can make one-time investments anytime to boost your account value. When you create your profile, we'll suggest a portfolio based on your answers to a few questions, but you can change it at anytime. The portfolio recommendation is designed with the goal to maximize potential returns at a selected level of risk.
Where do we invest it? The money in your Acorns Invest account is invested in different exchange-traded funds (ETFs). These funds include stocks, bonds and other securities. Read more about it at acorns.com/invest.
What makes Acorns different?
Our 5 investment portfolios were designed with the goal to maximize potential returns at a selected level of risk. There are no account minimums and we don't work on commission. Our goal is to give you the tools to take the best financial care of yourself, easily.
For our low monthly fee, you get:
The path to financial wellness should be accessible to everyone, so we make it easy to invest in you. With Acorns, you can start early and invest often, without making big changes to your everyday life. In fact, you can start with as little as $5.
What do I need to get started?
Once you download the Acorns app or sign up through our web app, you’ll need:
After signing up, you may also need to upload a photo of your government-issued ID or other documentation that allows us to verify your identity.
That’s it! Most accounts are approved within 1 business day. If you experience a delay in getting your account approved, please reach out to Support.
Where is my money invested?
There are five different Acorns Core portfolios and four different Acorns ESG Portfolios, built by experts. Each portfolio is composed of exchange-traded funds — ETFs for short. An ETF is made of broad holdings of stocks and/or bonds. Depending on your portfolio, you’re invested in a mix of companies, markets, and bonds—and if you choose, a Bitcoin-linked ETF. The overview or prospectuses of the ETFs can be found below:
If you have any other questions, feel free to reach out to us here.
Welcome to the Acorns site, operated by Acorns Advisers, LLC ('Acorns'). Sign up bonus is exclusively for new customers who have not previously opened an Investment Account. To be eligible for sign up bonus, a customer must deposit a minimum of $5, in an Acorns Invest, Early, Later, or Checking account via the Recurring Investment feature. Customer deposit must settle within the same month users were verified, or within 15 days of the subsequent month. Account approval is contingent on verification and approval pursuant to regulatory requirements. Acorns is only offered to US-residents who are 18 years of age or older. Acorns reserves the right to restrict or revoke this promotional offer at any time and without notice.
More information about Acorns Advisers is available in the wrap fee program brochure, and our customer relationship summary.
© 2022 Acorns
Important Risk Disclosures
Investing involves risk, including loss of principal. Please consider, among other important factors, your investment objectives, risk tolerance and Acorns’ pricing before investing. Acorns Subscription Fees are assessed based on the tier of services in which you are enrolled, view details in our program agreement. Investment advisory services offered by Acorns Advisers, LLC (Acorns), an SEC-registered investment advisor. Brokerage services are provided to clients of Acorns by Acorns Securities, LLC, an SEC-registered broker-dealer and member FINRA/SIPC.
Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principle. Compounding is the process in which an asset's earnings are reinvested to generate additional earnings over time. It does not ensure positive performance nor does it protect against loss. Acorns clients may not experience compound returns and investment results will vary based on market volatility and fluctuating prices.
Spare change invested with Round-Ups® is transferred from your linked funding source to your Acorns Invest account, where the funds are invested into a portfolio of selected ETFs. If you do not maintain an adequate amount of funds in your funding source sufficient to cover your Round-Ups® investment, you could incur overdraft fees with your financial institution. Round-Up investments from an external account, will be processed when your Pending Round-Ups reach or exceed $5.
The average Acorns investor, with a verified and active account, has invested $166 between 1/1/21 and 4/30/21 using the Round-Ups® feature. Individual results will vary and averages only take into account the Round-Ups® investments themselves and do not reflect the impact investment volatility will have on overall performance.
Acorns Invest is an individual investment account. Acorns Later is an Individual Retirement Account (either Traditional, ROTH or SEP IRA) selected for clients based on their answers to a suitability questionnaire. Invest and Later recommend a portfolio of ETFs (exchange traded funds) to clients, please note that a properly suggested portfolio recommendation is dependent upon current and accurate financial and risk profiles.
Acorns is not a bank. Acorns Visa™ debit cards and banking services are issued by Lincoln Savings Bank or nbkc bank, members FDIC. Acorns Checking clients are not charged overdraft fees, maintenance fees, or ATM fees for cash withdrawals from in-network ATMs.
Acorns Earn provides subscribers access to shop with our partners and earn bonus investments into your Acorns Invest portfolios when purchasing items from the partner brands. Acorns Earn rewards investments are made by Acorns Grow, Inc. into your Acorns Invest account through a partnership Acorns Grow maintains with each Acorns Earn partner.
Acorns, Round-Ups® investments, Real-Time Round-Ups® investments, Invest the Change and the Acorns logo are registered trademarks of Acorns Grow Incorporated. All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
For additional important risks, disclosures, and information, please visit https://www.acorns.com/terms/