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Why should I use Smart Deposit over Recurring Deposits?

Smart Deposit simplifies and saves time. Instead of managing multiple transfers across your accounts, set your savings rate on your paycheck in Spend and let Acorns take care of the rest.

 

Can I use both Smart Deposit and recurring deposits?

Sure! Using Smart Deposit will have no impact on your recurring deposits. If you have a weekly recurring deposit from your primary checking, that will continue as normal. But why? Just move more of your paycheck to Spend and manage it all in one place. 

 

Can I use Smart Deposit on my recurring deposits?

Smart Deposit was designed to work with Direct Deposit only. This was based on a lot of existing research to encourage people to think about saving a percentage of their paycheck. By focusing the feature on Direct Deposit, our goal was to help people begin to think of saving as a percentage of their income. 

 

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