acornscom

Acorns offers automatic round-up investing that allocates spare change to ETF portfolios. The service provides automatic deposits, retirement and custodial account options, and a Spend debit feature within a subscription model.

Founded2012

HeadquartersIrvine, California

PriceSubscription-based

AvailabilityU.S. customers only

Overview

Automated investing features focused on saving small amounts from everyday spending.

01Round‑Up InvestingAutomatically invest spare change from everyday purchases; round-ups accumulate and are invested into selected portfolios.

02Robo‑Managed PortfoliosETF portfolios allocated and rebalanced by the provider, diversified across asset classes; users select a risk profile.

03All-in AccountsInvesting, retirement (IRA) and custodial accounts, plus a Spend debit option and Found Money cash-back partnerships, are available within a single app.

Investing & Portfolios

Acorns' mobile app allows users to select a risk profile, link a bank card, and use round-ups and recurring contributions to fund ETF-based portfolios. The platform offers automatic rebalancing and provides tax documents. The service combines these features with retirement and custodial account options under a subscription.

Spend, Save & Withdraw

Acorns Spend offers a debit card, direct deposit and FDIC coverage through partner banks. Found Money partners provide cash-back that can be invested. Withdrawals and transfers are possible; selling investments and moving cash are subject to standard settlement times.

What they sell

Investing accountsRetirement accounts (IRA)Custodial accounts (Early)Checking & debit card (Spend)Round-up automatic investingFound Money cash-back partnersETF portfoliosFinancial education tools

Summary

Key facts

Offers round-up automatic investing and recurring contribution features.
Provides a mobile app and robo-managed ETF portfolios.
Offers investing, retirement (IRA) and custodial accounts within the same platform.
Found Money partners provide cash-back that can be invested through the platform.

Limitations and risks

Investments are subject to market risk; the value of investments can fall and investors may receive back less than they invested.
Monthly subscription fee applies and may be proportionally larger for very small account balances.
Limited customization compared with full-service brokerages; available only to U.S. residents.

FAQ

How long does the Acorns debit card take to arrive?

Physical debit cards typically ship within about 5–10 business days. Exact timing depends on your address and postal service; activation instructions arrive with the card.

Can I withdraw or transfer my investments?

Holdings can be sold and cash transferred to a linked bank account. Settlement and transfer can take several business days, and amounts depend on market value at sale.

Are promotions available?

Promotions vary by region and over time; check the provider's website or app for current terms and availability.