What kind of fees does Acorns charge?
Once you begin investing, Acorns charges only $1 per month for accounts with a balance under $5,000 or 0.25% per year (charged monthly and computed daily) for accounts with a balance of $5,000 and over.
ex: An account with exactly $5,000 would reflect as follows. $5,000 x .0025 = $12.50 (annually)
12.50/12= $1.04 (monthly fee)
How does Acorns receive its fee?
The fee will be deducted from your Acorns account value automatically each month: Acorns will sell shares (or in most cases, fractional shares) from your account to cover the fee.
Are there early withdrawal fees?
There are no early, standard, or other withdrawal fees. It is always free to move money in and out of your Acorns account.
Will I be charged a fee if I have a $0 balance?
No, there are no fees on $0 balances.